UDIN BEING MADE MANDATORY IN 2nd PHASE FOR GST & TAX AUDIT REPORTS

You may be aware that Unique Document Identification Number (UDIN) has been made mandatory as per the Council decision taken at its 379th Meeting held on 17th – 18th December, 2018 in the following phases:

♣ All Certification done by Practising CAs w.e.f. 1st Feb., 2019.

♣ All GST & Tax Audit Reports w.e.f. 1st April, 2019.

♣ All other attest functions w.e.f. 1st July, 2019.

Since 1st February 2019 all certificates issued by Chartered Accountants had been made mandatory. Now in 2nd phase, w.e.f 1st April, 2019, UDIN is being made mandatory for GST & Tax Audit Reports. Members are requested to make a note of above schedule of mandating UDIN and also adhere to the same while conducting Bank Audits.

Practising CAs have to register at UDIN portal (https://udin.icai.org/) to obtain UDIN. To authenticate the documents by various Regulators/Banks/Authorities/Other Stakeholders, practicing CAs have to provide some financial figures and details which are found in the certificate issued.

Further, it is clarified that for generating UDIN, no certificates are required to be uploaded on the portal. For Process, FAQs and helpdesk you may visit https://udin.icai.org/. In case you need any further information/ clarification, please email at udin@icai.in or call at 011-30110480 / 444.

You are advised to register the documents certified by them on the UDIN portal and get these secured.

UDIN Monitoring Group

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UDIN already implemented

As you are already aware that the full time practicing Chartered Accountants have to mandatory generate UDIN for the documents certified/ issued by them. As per the mandate schedule of ICAI, UDIN was made mandatory for all certificates from 1st Feb., 2019 onwards and for all GST & Tax Audit Reports from 1st April, 2019.

From 1st July 2019 onwards

The attention of Members is invited to the fact that with effect from 1st July, 2019, UDIN will be mandatory for all other Attest / Assurance/Audit functions including Company Audit Reports.

With this communication, we wish to remind the members that they should chalk out the audit plans well in advance by sensitizing their clients so as to meet the last dates for filing of Annual Accounts and Annual Returns as UDIN will not be generated after the signature dates of Certificates/Report/Certificates/Audit Reports.

We wish to further inform you that ICAI in near future may not allow the grace period of 15 days for generation of UDIN after signing the Certificates/Document/Audit Reports etc. which is in force right now.

For the clarification of doubts in the minds of some Members we would like to submit that UDIN is applicable in all signature whether signed digitally or otherwise (For example All MCA Forms, 15CB Form etc.)

Non-Compliance of UDIN directive will attract Disciplinary Proceedings as per Clause 1 of Part II of Second Schedule of Chartered Accountant Act, 1949.

We are pleased to share that the number of UDINs generated has already crossed One Million

The members may visit the UDIN Portal https://udin.icai.org/ for the Process, FAQs and helpdesk. In case of any further information/ clarification, please email at udin@icai.in

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