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GST audit for FY 2017-18 Turnover count from July 2017
Limit of Turnover for GST audit will be counted from april 2017. however deatails of sale and purchase will be given from jul 2017
It is mentioned in press release to consider the TO for the period Jul'17 to Mar'18..
Press release dated 3rd Jul'19
i) Turnover for eligibility of filing of reconciliation statement: It may be noted that the aggregate turnover i.e. the turnover of all the registrations having the same Permanent Account Number is to be used for determining the requirement of filing of reconciliation statement. Therefore, if there are two registrations in two different States on the same PAN, say State A (with turnover of Rs. 1.2 Crore) and State B (with turnover of Rs. 1 Crore) they are both required to file reconciliation statements individually for their registrations since their aggregate turnover is greater than Rs. 2 Crore. The aggregate turnover for this purpose shall be reckoned for the period July, 2017 to March, 2018.
The same has also been clarified by the Government by way of Press Release as mentioned by CA Haritha Komma Ma'am...
Warm Regards.
s there any Notification or Circular Mentioning Rs.2 crore for the period July 2017 to March 2018, then you are not required to file FORM GSTR-9C.
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