Goods and Services Tax : GSTN has made Ship-to GSTIN compulsory for Bill-to/Ship-to transactions from 1 August 2026. Businesses must update ERP systems and...
Goods and Services Tax : Payment of GST during a Section 65 audit does not automatically invoke Section 74. The department must independently establish fra...
Goods and Services Tax : Section 65 empowers GST authorities to conduct audits of registered taxpayers based on risk and compliance parameters. Understandi...
Goods and Services Tax : Centralized GST audits covering several years and registrations have raised concerns about misuse of extended limitation under Sec...
Goods and Services Tax : The article explains common objections raised during GST departmental audits under Section 65, including ITC mismatches, GSTR reco...
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 Bombay High Court held that Section 65 audit proceedings can be initiated even after GST registration is cancelled if the audi...
Goods and Services Tax : The Telangana High Court granted anticipatory bail to a Chartered Accountant accused in a share transfer fraud case, observing tha...
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 : 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...
Practical Checklist For Initiating GST Audit – FORM GSTR -9C DOCUMENTS LIST – 1. Signed Financial Statements 2. State wise financial statements, if required 3. GST User Id 4. GST Password 5. Monthly GSTR 3B 6. Monthly GSTR 1 7. Monthly GST Workings 8. Monthly ITC reversal workings along with final reversal 9. Transitional Credits […]
The latest example is the enormously lengthy yearly return forms 9, 9A & 9C. While taxpayers are finding it difficult to provide the required information, Chartered Accountants are also at a loss – despite clarifications – as to which data is to be filled where in so many fields. Local GST authorities are also not in a position to help.
With the world cup fever at its peak, the rush for filing GSTR 9 and GSTR 9C is also catching up, continuing the legacy of the first two parts (Read at https://taxguru.in/author/thevishjain/ ), here we present the 3rd part of our series of article, ‘Unravelling GSTR 9- A clause by clause analysis by CA Vishal […]
1) Definition of Audit under the CGST Act 2017 Section 2(13) of the CGST Act 2017 States that 2(13) ‘audit’ means ( Exhaustive Definition) 1) the examination of records, 2) returns and 3) other documents maintained or furnished by the registered person under this Act or the rules made thereunder or under any other law […]
We urge you to consider and clarify the following issues which are arising at the time of preparing and filing Annual Return in Form GSTR-9. Please note that this is an illustrative list of burning issues and there are many more issues being faced by the taxpayers and professionals alike.
Given below is a sample Management Representation Letter for GST Audit. It is not intended to be a standard letter. Representations by management will vary from one entity to another and from one period to the next.
POINT NO. 5 OF FORM GSTR 9C (CLAUSE WISE) – SHORT ANALYSIS 5A – Turnover (including exports) as per audited financial statements for the State / UT (For multi-GSTIN units under same PAN the turnover shall be derived from the audited Annual Financial Statement) The turnover as per the audited Annual Financial Statement shall be […]
Representation on Extension of Due Date For Filing of Annual Return In Form GSTR-9, 9A, 9B And Audit Report In Form GSTR-9C
The submission and processing of return is an important link between the taxpayers and tax administration. Section 44 of the Central Goods & Services Tax (CGST) Act, 2017 stipulates that every registered person shall furnish an annual return for each financial year. Annual return is a consolidation of returns filed i.e. GSTR 1 and GSTR […]
All big and small firms have already started gearing up for the GST Audit and filing of GST return by 30th June 2019. Hence the last date to file GST Annual return for July 2017- March 2018 is 30th June 2019.
