Tips to face the GST Audit by Department

Since the introduction, the GST Act is dynamic in its provisions that are changing constantly. For a business person focusing on the operations and simultaneously updating himself with the keep on changing provisions of law is quite a difficult task. Hence, indulging oneself with departmental audit under GST without having complete knowledge of the provisions brings out a situation of extra tax payments with interests and tax risks. In such situation all you need is the support of a trusted professional who can help you come out from the situation with an acceptable order.

GST Authorities have initiated sending notices for audit of taxpayers to ensure correctness of tax paid and input tax credit claimed and the era of departmental audit under GST has begun. During the course of GST audit by department, the authorised officer requires the registered person to afford him the necessary facility to verify the books of account or other documents as he may require and to furnish such information and render assistance for timely completion of the audit.

On conclusion of GST audit by department, the proper officer informs the registered person, whose records are audited, about the findings, his rights and obligations and the reasons for such findings. In case of detection of tax not paid or short paid or erroneously refunded or input tax credit wrongly availed or utilised, action will be initiated.

Our Indirect Tax Advisory team having expert and updated knowledge of the GST laws and provisions can:

• Support you during the GST audit by department by representing you before the proper officer
• Arrange all the required documents and records
• Prepare reconciliations and resolve the queries of the proper officer
• Supports the client in timely and effectively completion of the audit

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