Special audit findings require discharge of statutory GST liabilities or face initiation of proceedings under the Act. Form GST ADT 04 informs a taxpayer of special audit findings by an appointed accountant, listing discrepancies such as short payment of Integrated Tax, ... Summary
Special audit findings require discharge of statutory GST liabilities or face initiation of proceedings under the Act.
Form GST ADT 04 informs a taxpayer of special audit findings by an appointed accountant, listing discrepancies such as short payment of Integrated Tax, Central Tax, State/UT Tax, Cess, tax, interest and other amounts, and directs the taxpayer to discharge the identified statutory liabilities as per the Act and rules, with a warning that failure may result in initiation of proceedings.
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