Provisional statement
This query is : Resolved
29 October 2020
Sir,
A provisional statement was signed by auditor showing gst liability 12 lakh but actually the gst liability was 2 lakh.. And they paid the amount 2 lakh. But while finalising the accounts the actual gst liability to be show as 2 lakh but auditor is not willing to finalise the same with 2 lakh. The difference in gst liability risen was due to the gst rate.. What to do with the same.
A provisional statement was signed by auditor showing gst liability 12 lakh but actually the gst liability was 2 lakh.. And they paid the amount 2 lakh. But while finalising the accounts the actual gst liability to be show as 2 lakh but auditor is not willing to finalise the same with 2 lakh. The difference in gst liability risen was due to the gst rate.. What to do with the same.
29 October 2020
Accept the auditor's view as GST liability raisen due to GST rate.
29 October 2020
Auditor has taken 18 percent instead of 3 percent because of communication pblm between the two...
29 October 2020
Solve communication problem by informing the auditor right GST rate.
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