By L Badri Narayanan & Shweta Walecha After one year of Goods & Services Tax (GST) regime, it is now critical for the taxpayers to start focusing on various GST compliances such as reconciliations, ...

Courts have clarified that audit limitation begins when records are made available or audit is instituted, whichever is later ...

The government’s decision to do away with mandatory goods and services tax (GST) annual audit requirements will help at least 10 million firms save audit fee worth about ₹30,000 crore annually, ...

Accounting rule maker Institute of Chartered Accountants of India (ICAI) has asked the government to bring back the audit and certification provisions relating to Goods and Services Tax (GST) annual ...

While the GST laws on rates of tax and filing of returns keep changing every alternate day, one important area that has not made its entry into the law book is GST audits. Section 44(5) of the CGST ...

The government’s decision to do away with the mandatory Goods and Services Tax (GST) annual audit requirement by professionals such as chartered accountants will help over 10 million firms save audit ...

The Central Board of Indirect Taxes and Customs has published the GST Audit Manual which provides the list of documents required to conduct audit, timelines for audit and other standard formats. The ...