Information
Last date of filling income tax return extended to 31st August 2019,(expect those who are liable to audit)
GST Audit will be soon going to happen those who are not coming under the category of trunover up to or above 2cr
Therefore make sure your all books of account be perfect as per the returns you made in GST portal.
GST Audit will be soon going to happen those who are not coming under the category of trunover up to or above 2cr
Therefore make sure your all books of account be perfect as per the returns you made in GST portal.
My annual sales is Rs. 1.3 crores. Is GST audit applicable to me?
ReplyDeleteThere are many ways for GST audit
Delete1st if your turnover is equal or greater to 2cr then then the audit will be done by taxable person by filling the GST 9 then reconciliation statement by GST 9C which is done by a CA or CMA.
2nd audit by tax authorities
Those are not equal to or above 2cr comes under this
This is two types
a. General audit done by tax commissioner.
b. Special audit by CA or CMA by getting order from deputy/assistance tax commissioner
Yes GST audit applicable to you too
DeleteBut all the tax payer should fill there Annual returns
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