Goods and Services Tax : The article highlights that traditional GST audits fail to detect real-time discrepancies. Continuous audit models help businesses...
Goods and Services Tax : Courts held that audits exceeding prescribed timelines under GST law can invalidate subsequent proceedings. The ruling emphasizes ...
Goods and Services Tax : Courts have clarified that audit limitation begins when records are made available or audit is instituted, whichever is later. Ope...
Goods and Services Tax : This article explains each table of GSTR-9 and why it is crucial during GST audits and scrutiny. The key takeaway is that table-wi...
Goods and Services Tax : GST Audit Checklist Explained: Compliance Failures That Trigger Tax, ITC Reversal & Deemed Supplies; GST Audit Reveals ITC Ris...
CA, CS, CMA : UDIN generation now requires disclosure of preceding year audit details for specific audit categories. The update strengthens audi...
Goods and Services Tax : Expression of Interest for empanelment of Chartered/Cost Accountants for GST special audit under Section 66 of RGST/CGST Act, 2017...
Goods and Services Tax : U.P. Tax Bar Association requests Finance Minister for extension of GST Annual Return filing deadline due to ongoing proceedings a...
Goods and Services Tax : This model GST Audit Manual is intended to be developed as a comprehensive document which would be helpful for the audit officer...
Goods and Services Tax : Empanelment of Chartered Accountants/Chartered Accountant firms/Cost Accountants/Cost Accountant firms for Special Audit of GST re...
Goods and Services Tax : The Gujarat High Court has issued an interim order restraining final action on GST show-cause notices against Hubergroup India. Th...
Goods and Services Tax : HP High Court stays a GST audit against Saboo Tor Pvt. Ltd., citing the state's failure to issue the mandatory 15-day pre-audit no...
Goods and Services Tax : Delhi HC intervened in a GST dispute, staying proceedings against Dhruv Medicos Pvt. Ltd. The Court noted that the audit report wa...
Goods and Services Tax : The Calcutta High Court has restricted Central GST authorities from re-auditing periods already covered by a prior audit, citing S...
Goods and Services Tax : Punjab & Haryana High Court dismissed Mag Filter's petition challenging CGST audit for FY 2017-22 despite earlier proceedings unde...
Goods and Services Tax : West Bengal extends the GST audit completion deadline for the 2021-2022 period to August 22, 2025, due to delays in document submi...
Goods and Services Tax : West Bengal extends WBGST audit completion deadline to October 30, 2024, for cases commenced between July 1 and July 30, 2024....
Goods and Services Tax : Detailed guidelines for conducting GST audits in Maharashtra, including desk review, team formation, and audit monitoring for FY 2...
Goods and Services Tax : Government of Karnataka issued a circular outlining measures for effective GST audit and revenue optimization. The circular highli...
Goods and Services Tax : Extension of period for completion of Audit as per the proviso to sub-section (4) of section 65 of the WBGST Act, 2017 for the per...
The due date of filing GST Annual Return in Form GSTR-9/9A & Reconciliation Statement in Form GSTR-9C is 31.08.2019. The utility of the Annual Return is such that taxpayers are facing difficulties in furnishing information particularly inward HSN summary, reconciliation of ITC with GSTR-2A and its matching with ITC populated in table 8A of GSTR-9. […]
Extend the due date for filing the GSTR-9 and GSTR-9C from August to December along with the filing of GTR-9C for the F.Y. 2018-19 so that all the compliances are made and the adjustments made in the following years gets reconciled at the same time.
Arjun, for breaking the Dahi Handi taxpayers are required to overcome 10 difficulties i.e. 10 layer pyramid. These layers are as follows: To have a stable pyramid, a strong foundation is required. The biggest hurdle of forming this in GST is calculation of net liability through Annual return and Audit Report, as both the forms provides no information regarding it.
Rajasthan Tax Consultants’ Association has Requested for solving the technical issues of GSRT 9 & 9C and extension of due date for filing of GSTR 9 & conducting GST Audit & reporting in Reconciliation Statement in GSTR 9C. THE RAJASTHAN TAX CONSULTANTS’ ASSOCIATION KAR SALAHKAR BHAWAN B-145/B, KALYAN PATH, MANGAL MARG, BAPU NAGAR, JAIPUR-302015 PH.: […]
Request to extend due date of filing GSTR- 9 up to 30th September 2019 and GSTR- 9C up to 31st October 2019 so to ease the hardship faced by the taxpayers. This will ensure providing all information to the Govt. in detailed and transparent manner thereby easing the process of return filing and audit.
Ahilya Chamber of Commerce & Industry request GST Council to immediately withdraw Form GSTR 9, GSTR 9A and GSTR 9C for F.Y. 2017 – 18. It requested Council to discuss with stakeholders different issues, decrease complexity of return, exclude NON GST supply / Exempt supply, allow rectification in yearly returns, allow HSN code of 2/4 […]
As you all must be aware, the due-date to file the Annual Return and Reconciliation Statement i.e. 31st August, 2019 is fast approaching. As this is the first time Annual Return is being filed, the due-date had already been extended many times before by the government to give sufficient time to get accustomed and familiar with the Return. Various representations had been received to make the Return filing simpler and easier.
1. Digital Signature Certificate (DSC) i. Digital Signature Certificate (DSC) must be PAN based and in format PKCS7. ii. DSC must not be corrupted. iii. DSC should be valid and must not have expired. 2. Pre-requisites for filing FORM GSTR – 9C. i. Prior filing of Annual Return GSTR-9 is mandatory. ii. Form GSTR-9C has […]
Professional Accountants And Tax Consultants’ Association requested to Honorable FM to Extend the Due Dates stipulated for filing Annual GST Returns i.e. GSTR9/9A/9C for the year 2017-18 under the GST Law. Text of their representation is as follows:- PROFESSIONAL ACCOUNTANTS AND TAX CONSULTANTS’ ASSOCIATION (Registered under Tamil Nadu Societies Registration Act, 1975) (SRG/Chennai Central/55/2019) Cell […]
Arjuna (Fictional Character): Krishna, GST department has come out with statistics that only 1% of GST Audit Report for financial year 2017-18 has been filed. As the due date for filing such Audit report is approaching which is 31st August, 2019. Even Government is worried for such statistics of uploading. So, what are reasons for […]
