GST

Table Wise Analysis of GST Annual Return Form: Guide for how to fill GSTR 9 Form. Check out GST Annual Return Table Wise Analysis for Form GSTR 9. The much awaited Annual return (GSTR-9) was notified by CBIC vide Notification No. 39/2018 -…

Maintenance of Accounts and Records under GST Regime: Every registered person under GST must maintain all records at his principal place of business as prescribed under Section 35 of the Central Goods and Service Tax Act, 2017 read with…

FAQ on GST Annual Return: Legal requirement of filing Annual return hereafter called GSTR-9 is governed by section 35(5) and section 44(1) of CGST Act. Section 44(1) of CGST Act read with Rule 80(1) of CGST Rules requires that every…

Typical GST Audit Program: Section 35(5) of the CGST Act, 2017 (the Act) requires all taxable persons with a turnover exceeding rupees 2 crore to get the GST records audited by a Cost Accountant or a Chartered Accountant in practice. Here…

GST Audit Exercise Advantages. To an assessee – Normally, the tax department conducts an audit or assessment after the close of a financial year. It is customary to expect that the departmental audit / assessment is conducted after the…