GST Audit Report Notified for turnover more than 2 Cr. ( Notification No: 49/2018 of CGST dated 13th Sep 2018)

Hello Friends,

In this Article I am going to talk about GST Audit.

Recently Government has notified Format of GST Audit Report, so I will explain all content included in Audit report.

You can watch full video with notification on this topic, Click on this link:

https://youtu.be/6nJJ7x7Eyc0

GST Audit Report categories in five part:

Part-1: part 1 require basic details of GSTIN holder like : PAN, Trade Name, Legal Name etc. 

Part-2 : in part - 2, reconciliation of turnover require but keep in mind here turnover reconcile from your annual return (GSTR-9) not from GSTR-1,
and last of this part you have to show differences and reason behind such differences.

Part-3 : in this part you have to reconcile Tax Paid.
That means you have to show period wise tax deposited & tax liabilities,

and last of this part you have to show differences and reason behind such differences.

Part - 4: in this part you have to reconcile input tax credit,

and last of this part you have to show differences and reason behind such differences. 

Part - 5 : this part for Auditor, in this part Auditor fill his conclusion & his basic details like:
Name of Auditor
Membership No
Date
etc details require

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Thanks
Ashutosh Kumar

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