2nd phase of ICAI mandatory UDIN for GST & Tax Audit Reports starts from 01.04.2019.
ICAI has made the Unique Document Identification Number (UDIN) mandatory for all the certificates issued by Chartered Accountants in the following phases:
- All Certification done by Practising CAs w.e.f. 1st Feb., 2019.
- All GST & Tax Audit Reports w.e.f. 1st April, 2019.
- All other attest functions w.e.f. 1st July, 2019.
Now in 2nd phase, w.e.f 1st April, 2019, UDIN is being made mandatory for GST & Tax Audit Reports. Accordingly, Chartered Accountants are requested to make a note of above schedule of mandating UDIN and also adhere to the same while conducting Bank Audits.
Practising CAs have to register at UDIN portal (https://udin.icai.org/) to obtain UDIN. To authenticate the documents by various Regulators/Banks/Authorities/Other Stakeholders, practicing CAs have to provide some financial figures and details which are found in the certificate issued.
Further, ICAI has clarified that for generating UDIN, no certificates are required to be uploaded on the portal.