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What we have file gstr 9c

Gulshan Agrawal (Student Others) (122 Points)

29 May 2019

We have turnover in gst from july 17 to mar 18 is 1.10 crore
But apr 17 to mar 18 exced 2 crore
What we have to do gst audit?

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13 Replies

CA Altamush Zafar (GST Consultant) (15971 Points)
Replied 29 May 2019

Yes GST audit applicable

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CA Rashmi Gandhi (Chartered Accountant) (86323 Points)
Replied 29 May 2019

Applicable.

The turnover limit to be checked for audit applicability in GST is to be seen for the *FULL FINANACIAL YEAR*. i.e including turnover for the period April 17 to June 17.

This is as per FAQ

Pankaj Rawat (GST Practitioner) (55052 Points)
Replied 30 May 2019

Yes as per section 35 & 44 ,read with rule 80 of CGST its Agregate Turnover upto 2 crore (in sec 35 its turnover ) for FINANCIAL YEAR & fy includes april to june 17 also.

There is no clarification being issued till date by Govt till date in this regard , hence its better to compute turnover for 12 months only

CA Rashmi Gandhi (Chartered Accountant) (86323 Points)
Replied 30 May 2019

@ Pankaj Rawat it is clarified by GST Tech department on twitter via FAQ issued by them.

Pankaj Rawat (GST Practitioner) (55052 Points)
Replied 30 May 2019

@ CA Rashmi
i do not follow twitter , I prefer to read bare Act .

NOTE : FAQ really governs Act !!!!!!

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CA Rashmi Gandhi (Chartered Accountant) (86323 Points)
Replied 30 May 2019

Agree with you Pankaj but now many things are clarified via twitter and FAQ. Otherwise there is nothing more reliable than Bare Act.

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CA Altamush Zafar (GST Consultant) (15971 Points)
Replied 30 May 2019

One should never rely on FAQs or Twitter replies as they are in many cases ultra vires the law. Recently a faq on real estate was wrong on many accounts. As far as the case Gst audit eligibility is concerned it very clear in the act and again I would say where the law gets ambiguous it is the intention which matters.

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CA Altamush Zafar (GST Consultant) (15971 Points)
Replied 30 May 2019

When readings Faqs it is very important to verify them with the act and rules because in every Faq there is a disclaimer that if not according to law the act and rules will prevail. So all in all Faqs are just for awareness but they have very little value.

CA Rashmi Gandhi (Chartered Accountant) (86323 Points)
Replied 30 May 2019

Agree with you CA Altamush Zafar this FAQ is verified with law also.

Pankaj Rawat (GST Practitioner) (55052 Points)
Replied 30 May 2019

Apart from above my personal view:

Actually , i personally do no prefer to read FAQ because it create sluggish mind , cannot gain much knowledge or you start finding it easy tool to your problems which ultimately generrates some sort of disinterest toward refering Act , Rules etc

It does"nt mean that I do not read FAQ , I do ....., but only after referring Act first

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CA Altamush Zafar (GST Consultant) (15971 Points)
Replied 30 May 2019

Yes this particular Faq is as per the intentions of the law.