Daily Archives: November 22, 2018

GST Audit Limit

By | November 22, 2018

GST Audit Limit Q : Whether GST Audit is required for Turnover Exceeding One crore or Two crores under GST Act? GST Audit Limit :  Every registered person whose aggregate turnover during a financial year exceeds two crore rupees he has to get his account audited under GST as per Section 35 of CGST Act 2017 read with Rule… Read More »

How to reply notice for mismatch in GST RETURN ?

By | November 22, 2018

Notice for mismatch in GST RETURN GST officers have started issuing notice for mismatch in GST returns and discrepancy in GST returns Mismatch in GST RETURN Taxable persons  would have started getting notices from GST department officer seeking explanation for the discrepancies observed in GST returns after making scrutiny of returns. Normally department is seeking… Read More »

Auditor Responsibility for GST Audit

By | November 22, 2018

What is the Responsibility of Auditor under GST ? Section 2(13) of CGST Act 2017 : “audit” means the examination of records, returns and other documents maintained or furnished by the registered person under this Act or the rules made thereunder or under any other law for the time being in force to verify the correctness… Read More »