Limit for audit under gst
Dhana Sai (244 Points)
09 January 2018
what is the threshold limit of turnover for audit under gst ,please reply .
4 Replies
prasad Nilugal
( GST Practitioner & Accounts )
(14801 Points)
Replied 09 January 2018
Every registered person whose turnover during the year exceed ₹ 2 crore will get his accounts audited by Chartered Accountants / Cost Accountants u/s 35[5] of the CGST Act, 2017. He will furnish copy of audited annual accounts and reconciliation statement duly certified on Form –GSTR-9C on common Portal – Rules -80(3) of the CGST Rules, 2017.
A.B.RAJ
(FINANCE PRACTIONER )
(250 Points)
Replied 09 January 2018
threshold limit of turnover for audit under gst exceeds 2Cr.
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