View All Due Date - GST || Faqs on Notification No. 36/2025 dated 22.04.2025 || Due Date - GST || Due Date - GST || Claims that Government is considering levying Goods and Services Tax (GST) on UPI transactions over Rs.2,000 are completely false, misleading, and without any basis || CBIC issues revised instructions for processing applications for GST registration by CBIC formations || Instructions for processing of applications for GST registration || Due Date - GST || Due Date - IT || Due Date - IT || Due Date - GST || Advisory on reporting values in Table 3.2 of GSTR-3B || Advisory on Table-12 of GSTR-1 or GSTR-1A || Due Date - GST || Due Date - GST || Due Date - IT || Advisory on Case Sensitivity in IRN Generation || Advisory for Biometric-Based Aadhaar Authentication and Document Verification for GST Registration Applicants of Assam || 2 Factor Authentication (2FA) is mandatory for all Taxpayers and Transporters from the 1st of April 2025 || Due Date - IT || Due Date - IT || Order under section 119 of the Income-tax Act, 1961 for waiver on levy of interest under section 201(1A)(ii)/206C(7) of the Act, as the case maybe, in specific cases || Time Limit for Reporting e-Invoice on the IRP Portal – Lowering of Threshold to AATO 10 Crores and Above || Various issues related to availment of benefit of Section 128A of the CGST Act, 2017 || Due Date - GST ||

GST

AUDIT UNDER GST

As per provisions of Sec.35(5) every registered person whose turnover during a financial year exceeds the prescribed limit shall get his accounts Audited by a chartered accountant or a cost accountant and shall submit a copy of the Audited annual accounts, the reconciliation statement under sub-section (2) of section 44 and such other documents in such form and manner as may be prescribed.

As per Rule 80 of CGST Rules, every registered person whose aggregate turnover (taxable as well as exempted turnover) during a Financial year (i.e. April to March) exceeds two crore rupees shall get his accounts Audited as specified under sub-section (5) of section 35 and he shall furnish a copy of Audited annual accounts and a reconciliation statement, duly certified, in FORM GSTR-9C, electronically through the common portal either directly or through a Facilitation Centre notified by the Commissioner.

As per clarification issued by CBIC dated 03.07.2019, turnover of VAT period should not be included for determining eligibility of filing of reconciliation statement (GSTR-9C).

As per format of GSTR-9C, there is no requirement to upload the financial statement of a particular period i.e. July 2017 to March 2018, thus taxpayer can upload the financial statement of whole financial year (01.04.2017 to 31.03.2018).

Internal Auditor can’t undertake Goods and Service Tax (GST) Audit of same Entity due to Role Conflict.

Section 35(5) is not application on every department of the Central Government or a State Government or a local authority, whose books of account are subject to audit by the Comptroller and Auditor-General of India or an auditor appointed for auditing the accounts of local authorities under any law for the time being in force.