Audit limit for fy 2018-19
ANIL KUMAR KHETAN (PROPRIETOR) (542 Points)
25 August 2020
Audit limit for FY 2018-19 5 caroe or not , please advice
1 Replies
Sagar Patel
(Tax and Business Consultant)
(11611 Points)
Replied 25 August 2020
Yes, GST audit Limit for F.Y 2018-19 is 5 Crores.
If you have turnover more than 5 crores, than GST audit is compulsory.
^For businesses with an annual turnover of less than Rs 5 crore, filing of GSTR-9C for FY 2018-19 is waived off.
If you have turnover more than 5 crores, than GST audit is compulsory.
^For businesses with an annual turnover of less than Rs 5 crore, filing of GSTR-9C for FY 2018-19 is waived off.
Recent Topics
- Interest free loans from directors in private limi
- Section 194T
- Paying GST on Residential House Construction
- Gst credit ledger input
- Income Tax Filing after Portal Deadline
- LTCG u/s 54 -Time Period Related
- Clarification -GST registration
- TDS on commercial bus insurance payment
- Do we need Environmental Clearance certificate for
- GST Rate confussion
Related Threads
CAclubindia
