Respected sir/ma'am,
Is the suppliers whose aggregate turnover exceeds the GST Audit Limit, but the supplies made by him is Non-GST supply (Like; Petrol, Diesel), than that supplier is liable for GST Audit or not?
GST Audit is applicable to those persons whose turnover exceeds Rs.2 crores & “ turnover” means the aggregate value of all taxable supplies(excluding the value of inward supplies on which tax is payable by a person on reverse charge basis), exempt supplies, exports of goods or services or both and inter-state supplies of persons having the same Permanent Account Number, to be computed on an all-India basis but excludes Central tax, State tax, Union territory tax, Integrated tax and cess.
So no need for GST Audit in case of Non GST Supplies.
CAclubindia
