GST Audit For Private Limited Filing in Coimbatore
GST Audit For Private Limited Filing in Coimbatore A GST audit is a process of checking records, returns and documents to ensure compliance with the GST provisions. Businesses with an annual turnover of Rs.5 crore or less are exempt from filing a GSTR-9C. However, if the business is larger, it must file the GST return every quarter. The purpose of a GST audit is to make sure that the company is compliant with the provisions of the tax law. An audit can be conducted by the Commissioner of CGST or SGST. The frequency of the audit will be specified later. The taxpayer is required to file its GST return on or before the due date. The period for completing the audit is three months from the commencement date, unless an extension has been granted by the Commissioner. Once the return has been filed, the auditor can conduct a follow-up audit. GST audit for private limited filing in Coimbatore requires companies to file monthly returns and reconciliation statements. A GSTR-3B is a monthly decla...