The GST law requires an audit of the monthly compliances by way of an audit attached to the Annual Return. It is critical for the taxpayers to start focusing on the audit of compliances under GST law and input and output reconciliations form a critical part of the GST audit certification. The audit of Annual return (also known as GST audit) lays the foundation for the first external verification/ assessment under the GST law.

We, at AMRA Consultants LLP believe in offering qualitative value-added services encompassing a comprehensive review of all GST records along with our recommendations on strengthening internal controls for appropriate data entry, data recording, data analysis and data requirements for compliance.

Know More About GST Audit

Similar to the other laws, there is a requirement for certain categories of taxpayers to undergo an annual audit under GST. As per Section 35(5) of the CGST Act read with rule 80(3) of the CGST Rules, “every registered taxpayer whose turnover exceeds INR 2 crores in a financial year is required to get the accounts audited by a practicing Chartered Accountant and submit a copy of the audited annual accounts and reconciliation statement in Form GSTR 9C.”

Accordingly, every taxpayer has a turnover exceeding INR 2 crores is required to submit GSTR 9C duly certified by a practicing Chartered Accountant or a Cost Accountant along with GSTR 9. This certification is required once every financial year.

In addition to the above, the GST law also has provisions for a department audit/ special audit by a practicing Chartered Accountant or Cost Accountant on a need basis.

What they say about us

been possible for us to sail past the initial turbulent period when GST was launched. Our best wishes always with them! We give full credit to AMRA Consultants for streamlining our company’s GST compliance. Their dedicated team of learned professionals has a focussed approach & exceptional clarity when it comes to any questions pertaining to GST. I can say, without their support, it would not have