Equipping Modern Enterprises with Powerful GST, E-Way Bill & E-Invoicing Solutions

logo image
  • GST Filing & Reconciliation
  • E-Way Bill Automation & E-Way Bill APIs
  • E-Invoicing Simplified
  • GSTIN Search
  • Expert Assistance

Internal Audit under GST

Internal audit under GST is a process under which the accounts and records of the registered taxable person get audited by the certified accountant. Internal audit is carried out by examining the GST paid or payable, Input Tax Credit claimed, GST refund availed as well as by verifying the turnover of the taxpayer. How internal … Read moreInternal Audit under GST

GST Audit Checklist

Before moving straight towards the GST audit checklist, we need to know the type of audits under GST: 1) Turnover based audit This type of GST audit takes place when the aggregate turnover of the taxpayer exceeds the 2 Crore INR mark. The taxpayer needs to appoint a CA or CWA for a turnover based … Read moreGST Audit Checklist

Audit under GST

Meaning of Audit under GST Audit under GST means inspection of returns, records and other documents furnished by the taxpayer. GST Audit is carried out to check whether the turnover, taxes paid, ITC refund claimed and ITC availed mentioned in his annual report are true and fair or not. Moreover, a GST audit also helps … Read moreAudit under GST

Criteria for GST Audit

It has been more than a year since the launch of Goods and Services Tax (GST) in India. GST is now implemented everywhere in the nation, and taxpayers have begun to understand it and comply with it to a great extent. India has surpassed the stage of inception for GST and it is the right … Read moreCriteria for GST Audit