GST

Draft GST Tax Audit Report Form GST-9A. Every registered dealer with turnover exceeding one crore rupees is required to get his accounts audited

Draft GST Tax Audit Report Form GST-9A. Every registered dealer with turnover exceeding one crore rupees is required to get his accounts audited 

CBEC has released Draft GST Return Rules. As per draft rules, annual return u/s 30(1) shall be filed electronically in FORM GSTR-9 or FORM GSTR-9A. Also, every registered taxable person whose aggregate turnover during a financial year exceeds one crore rupees shall get his accounts audited u/s 42(4) and he shall furnish a copy of audited annual accounts and a reconciliation statement, duly certified, in FORM GSTR-9B, electronically.

CBEC has also released Darft GST Tax Audit Report Form GST-9A.

The report is part of the GSTR-9B and forms its top-sheet. The format of Form GST-9A is as under:

FORM GST 9A
(See  Section__ of the Central/ State Goods and Services Tax Act, 2016 and Rule __ of the Central/ State Goods and Services Tax Rules, 2016)
Audit Report certified by a …………………….
                   
  Certified that I/we being a …………………. have audited the accounts of _<<Name>>_ at <<Address>> having a registration number (GSTIN) ____________ for the year ending 31st March 20__ and subject to my/our observations and comments about non compliance, short comings and deficiencies in the returns filed by the Taxable person, as given in the attached report,  
     
1 The books of accounts and other related records and registers maintained by the  taxable person are sufficient for the verification of the correctness and completeness of the returns filed for the year;  
                   
2 The total turnover of outward supplies declared in the returns includes all the outward supplies effected during the year;  
                   
3 The  total  turnover  of  inward supplies declared  in  the  returns includes all the inward supplies made during the year;  
                   
4 The deductions from the total turnover including deduction on account  of  sales /supplies returns  claimed  in  the  returns  are  in conformity with the provisions of the law;  
                   
5 The adjustment to turnover of outward supplies and inward supplies is based on the entries made in the books of account maintained for the year;  
                   
6 The classification of outward goods/services suppliedand inward supplies, rate of tax applicable and computation of output tax and input tax and net tax payable as shown in the return is correct;  
                   
7 The computation of classification of goods supplied, the amount of input tax paid and deductions of input tax credit claimed  and  reversed  in  the  return  is  correct and in conformity with the provisions of law;  
                   
8 Other  information  given  in  the  returns  is  correct  and complete.  

Download Draft GST Tax Audit Report Form GST-9A Click Here >>

Download e-Form GSTR-9C for uploading audited annual return and reconciliation statement Click Here >>

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