GST Audit

GST Audit

When a taxpayer has the registration under GST, all the records maintained by him would pass through GST audit. Here, the main goal is to check the veracity of the declaration of information in records and know their compliance with the GST rules.

GST audit applicability has strong mechanism for audit that could fully make examination of the records to make sure full compliance of tax rules. So the most challenging part of important audit check points is reconciliation of records in the books to avoid GST evasion.

As per the GST audit checklist, stricter rules are now in force that makes it absolutely necessary to make analysis of the data gaps between GST returns. It has strictly asked the business houses to conduct periodic checks and install internal controls. This would for sure do away with the data gaps and make sure the necessary compliance with the GST rules.

LEAVE YOUR MESSAGE