Annual return eligibility
mona (Direct Tax) (136 Points)
20 November 2019April to June is .9 lacs
July to march is 1.4 cr
Then gst audit will be mandatory applicable?
Raghuteja Lakkireddy
(93 Points)
Replied 20 November 2019
CS Advocate Abhishek Goyal
(M Com FCS LLB M-AIMA )
(13706 Points)
Replied 20 November 2019
No GST audit is not applicable in your case as total turnover in GST period is less than Rs 2 crore. as per the press release dated 03.07 ony gst period turnover is to be considered for determination of gst audit liability.
No GST audit is not applicable in your case as total turnover in GST period is less than Rs 2 crore. as per the press release dated 03.07 ony gst period turnover is to be considered for determination of gst audit liability.