{"id":4088,"date":"2018-05-24T00:25:37","date_gmt":"2018-05-23T18:55:37","guid":{"rendered":"http:\/\/carajput.com\/blog\/?p=4088"},"modified":"2023-12-11T14:09:53","modified_gmt":"2023-12-11T08:39:53","slug":"audit-under-goods-and-services-tax","status":"publish","type":"post","link":"https:\/\/carajput.com\/blog\/audit-under-goods-and-services-tax\/","title":{"rendered":"GST Audit Under CGST Act \u2013 GSTR -9 &#038; 9C"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_58 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Page Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69d61988648cf\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #000000;color:#000000\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #000000;color:#000000\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69d61988648cf\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/carajput.com\/blog\/audit-under-goods-and-services-tax\/#GST_Audit_Under_CGST_Act_%E2%80%93_GSTR_-9_9C\" title=\"GST Audit Under CGST Act \u2013 GSTR -9 &amp; 9C\">GST Audit Under CGST Act \u2013 GSTR -9 &amp; 9C<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/carajput.com\/blog\/audit-under-goods-and-services-tax\/#When_GST_Audit_is_required_to_be_conducted\" title=\"When GST Audit is required to be conducted?\">When GST Audit is required to be conducted?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/carajput.com\/blog\/audit-under-goods-and-services-tax\/#Special_Audit_by_Chartered_Accountant\" title=\"Special Audit by Chartered Accountant.\">Special Audit by Chartered Accountant.<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/carajput.com\/blog\/audit-under-goods-and-services-tax\/#What_is_applicability_for_FY_2021-22_of_GSTR_9_and_GSTR_-9C\" title=\"What is applicability for FY 2021-22 of GSTR 9 and GSTR -9C ?\">What is applicability for FY 2021-22 of GSTR 9 and GSTR -9C ?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-25728\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2018\/05\/photo_2023-12-11_13-52-57.jpg\" alt=\"GSTR 9 and GSTR 9C\" width=\"1080\" height=\"1012\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2018\/05\/photo_2023-12-11_13-52-57.jpg 1080w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2018\/05\/photo_2023-12-11_13-52-57-300x281.jpg 300w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2018\/05\/photo_2023-12-11_13-52-57-1024x960.jpg 1024w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2018\/05\/photo_2023-12-11_13-52-57-768x720.jpg 768w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2018\/05\/photo_2023-12-11_13-52-57-800x750.jpg 800w\" sizes=\"(max-width: 1080px) 100vw, 1080px\" \/><\/p>\n<h2><span class=\"ez-toc-section\" id=\"GST_Audit_Under_CGST_Act_%E2%80%93_GSTR_-9_9C\"><\/span><span style=\"color: #000080;\"><strong>GST Audit Under CGST Act \u2013 GSTR -9 &amp; 9C<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\">Audit under <a href=\"https:\/\/carajput.com\/gst\/gst-consultancy.php\">GST<\/a> is the process of examination of records, returns and other documents As per sub-section (13) of section 2 of\u00a0<a href=\"https:\/\/carajput.com\/gst\/gst-consultancy.php\"><strong>CGST Act 2017<\/strong><\/a>, Audit means examination of records, returns and other documents maintained or furnished by the registered person under this Act or the rules made there under or under any other law for the time being in force to verify the correctness of turnover declared, taxes paid, refund claimed and input tax credit availed, and to assess his compliance with the provisions of this Act or the rules made there under . maintained by a\u00a0taxable person.<\/p>\n<p style=\"text-align: justify;\">Various measures have been taken by the government to ensure compliance of GST law and audit is one them.<\/p>\n<p style=\"text-align: justify;\">Every registered person is required to keep accounting books up to 72 months the due date of filing annual return for a particular year.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-23800\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2018\/05\/CENTRAL-BOARD-OF-INDIRECT-TAXES-CUSTOMS_page-0015.jpg\" alt=\"GSTR -9\" width=\"1500\" height=\"1125\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2018\/05\/CENTRAL-BOARD-OF-INDIRECT-TAXES-CUSTOMS_page-0015.jpg 1500w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2018\/05\/CENTRAL-BOARD-OF-INDIRECT-TAXES-CUSTOMS_page-0015-300x225.jpg 300w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2018\/05\/CENTRAL-BOARD-OF-INDIRECT-TAXES-CUSTOMS_page-0015-1024x768.jpg 1024w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2018\/05\/CENTRAL-BOARD-OF-INDIRECT-TAXES-CUSTOMS_page-0015-768x576.jpg 768w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2018\/05\/CENTRAL-BOARD-OF-INDIRECT-TAXES-CUSTOMS_page-0015-800x600.jpg 800w\" sizes=\"(max-width: 1500px) 100vw, 1500px\" \/><\/p>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"When_GST_Audit_is_required_to_be_conducted\"><\/span><strong>When <a href=\"https:\/\/carajput.com\/gst\/gst-audit.php\">GST Audit<\/a> is required to be conducted?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\"><span style=\"text-decoration: underline;\"><strong><em>Audit by CA\/CMA mandatory if Turnover exceeds Rs. 2 Corers.<\/em><\/strong><\/span><\/p>\n<p style=\"text-align: justify;\">Section 35(5) of CGST Act 2017: Every registered person whose turnover during a financial year exceeds the prescribed limit (2 crore) shall get his accounts audited by a Chartered Accountant or a Cost Accountant and shall submit<\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"text-align: justify;\">\u00a0a copy of the audited annual accounts,<\/li>\n<li style=\"text-align: justify;\">the reconciliation statement under sub-section (2) of section 44 and<\/li>\n<li style=\"text-align: justify;\">such other documents in such form and manner as may be prescribed.<\/li>\n<\/ul>\n<p style=\"text-align: justify;\">Reconciliation statement reconciling the value of supplies declared in the return furnished for the financial year with the audited annual financial statement and such other particulars as may be prescribed. As per Rule 80(3) of the CGST Rules, 2017, every registered person whose aggregate turnover during a financial year 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 <a href=\"https:\/\/carajput.com\/gst\/gst-return.php\">GSTR-9C<\/a>, electronically through the common portal either directly or through a Facilitation Centre notified by the Commissioner.<\/p>\n<p style=\"text-align: justify;\">GSTR 9C should be filed by the taxpayers whose\u00a0annual turnover\u00a0exceeds Rs \u00a02 crores\u00a0during the financial year.<br \/>\n<strong><em><br \/>\n<span style=\"text-decoration: underline;\">Normal Audit by the Commissioner (Tax Authority)<\/span><\/em><\/strong><\/p>\n<p style=\"text-align: justify;\">as per Section 65(1) of the CGST Act 2017 the Commissioner or any officer authorized by him can undertake audit of any registered person for such period, at such frequency and in such manner as may be prescribed,<\/p>\n<p style=\"text-align: justify;\">the officer may conduct audit at the place of\u00a0business of\u00a0the registered person or in their office, and<\/p>\n<p style=\"text-align: justify;\">shall be informed, by way of a notice\u00a0not less than 15 working\u00a0days\u00a0prior to the conduct of audit in FORM <a href=\"https:\/\/carajput.com\/gst\/gst-audit.php\">GST ADT-01<\/a>.<\/p>\n<p style=\"text-align: justify;\">The audit under sub-section (1) shall be completed\u00a0within a period of 3\u00a0months from the date of commencement of the audit , which may be extended by further period not exceeding 6 months,<\/p>\n<p style=\"text-align: justify;\">On conclusion of audit, the registered person shall be informed by proper office, within thirty days in Form GST ADT-02[as per rule 101(5) of CGST Rules 2017], about the findings, his rights and obligations and the reasons for such findings.<\/p>\n<p><a href=\"https:\/\/carajput.com\/blog\/\"><strong>Know more about Extension of the due date of GSTR-1<\/strong><\/a><\/p>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Special_Audit_by_Chartered_Accountant\"><\/span><span style=\"text-decoration: underline;\"><strong><em>Special Audit by Chartered Accountant.<\/em><\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\">At any stage of scrutiny, inquiry, investigation or any other proceedings, any officer not below the rank of Assistant Commissioner, is of the opinion that<\/p>\n<ul style=\"text-align: justify;\">\n<li>the value has not been correctly declared or<\/li>\n<li>the credit availed is not within the normal limits,<\/li>\n<\/ul>\n<p style=\"text-align: justify;\">He may, with the prior approval of the Commissioner, direct such registered person to get his records including books of account examined and audited by a Chartered Accountant or a cost accountant as may be nominated by the Commissioner.<\/p>\n<p style=\"text-align: justify;\">The officer will issue direction in Form <a href=\"https:\/\/carajput.com\/gst\/gst-audit.php\">GST ADT-03<\/a> to the registered person in this regard.<\/p>\n<p style=\"text-align: justify;\">The Chartered Accountant or Cost Accountant so nominated shall submit a report of such audit duly signed and certified by him to the said Assistant Commissioner, within the period of 90 days, which can be further extended by ninety days.<\/p>\n<p>More read:<a href=\"https:\/\/carajput.com\/blog\/refunds-mechanism-under-service-exports-under-gst-2\/\"><strong>Refund mechanisum under GST service export<\/strong><\/a><\/p>\n<p style=\"text-align: justify;\">Special audit can be conducted even if accounts of the registered person have been audited under any other provisions of this Act or any other law for the time being in force.<\/p>\n<p style=\"text-align: justify;\">The expenses of the examination and audit of records, including the remuneration of such chartered accountant or cost accountant, shall be determined and paid by the Commissioner. On conclusion of the special audit, the registered person shall be informed of the findings of the special audit in FORM GST ADT-04.<\/p>\n<p style=\"text-align: justify;\">Where the special audit conducted under sub-section (1) results in detection of tax not paid or short paid or erroneously refunded, or input tax credit wrongly availed or utilized, the proper officer may initiate action under section 73 or section 74.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_applicability_for_FY_2021-22_of_GSTR_9_and_GSTR_-9C\"><\/span><span style=\"color: #ff9900;\"><strong>What is <\/strong><\/span><span style=\"color: #ff9900;\"><strong>applicability for FY 2021-22 of <\/strong><\/span><span style=\"color: #ff9900;\"><strong>GSTR 9 and GSTR -9C ?<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-22778\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2018\/05\/gstr-9-9C-Update.jpg\" alt=\"gstr 9 &amp; 9C New Update\" width=\"807\" height=\"284\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2018\/05\/gstr-9-9C-Update.jpg 506w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2018\/05\/gstr-9-9C-Update-300x106.jpg 300w\" sizes=\"(max-width: 807px) 100vw, 807px\" \/><\/p>\n<ul>\n<li>GSTR-9 and GSTR-9C for the FY 2021-22 are available on the GST Portal for filing<\/li>\n<li>GSTR-9C &amp; GSTR-9 Applicability for F.Y.2021-22 given below\n<ul>\n<li>Due Date to File GSTR-9 &amp; GSTR-9C is 31\/12\/2022<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-23799\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2018\/05\/CENTRAL-BOARD-OF-INDIRECT-TAXES-CUSTOMS_page-0014.jpg\" alt=\"GSTR 9 and GSTR 9C\" width=\"1500\" height=\"1125\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2018\/05\/CENTRAL-BOARD-OF-INDIRECT-TAXES-CUSTOMS_page-0014.jpg 1500w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2018\/05\/CENTRAL-BOARD-OF-INDIRECT-TAXES-CUSTOMS_page-0014-300x225.jpg 300w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2018\/05\/CENTRAL-BOARD-OF-INDIRECT-TAXES-CUSTOMS_page-0014-1024x768.jpg 1024w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2018\/05\/CENTRAL-BOARD-OF-INDIRECT-TAXES-CUSTOMS_page-0014-768x576.jpg 768w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2018\/05\/CENTRAL-BOARD-OF-INDIRECT-TAXES-CUSTOMS_page-0014-800x600.jpg 800w\" sizes=\"(max-width: 1500px) 100vw, 1500px\" \/><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>GST Audit Under CGST Act \u2013 GSTR -9 &amp; 9C Audit under GST is the process of examination of records, returns and other documents As per sub-section (13) of section 2 of\u00a0CGST Act 2017, Audit means examination of records, returns and other documents maintained or furnished by the registered person under this Act or the &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[172,4],"tags":[1504,1508,1510,1509,1512,1506],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/4088"}],"collection":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/comments?post=4088"}],"version-history":[{"count":5,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/4088\/revisions"}],"predecessor-version":[{"id":25729,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/4088\/revisions\/25729"}],"wp:attachment":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/media?parent=4088"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/categories?post=4088"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/tags?post=4088"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}