applicability of GST AUDIT

[Richa Goyal]

SIR,

WE ARE A TRAVEL AGENT AND CHARGE COMMISSION OF SALES OF TICKETS WHERE WE PAY GST ON ON THE COMMISSION INCOME. MY COMMISSION INCOME IS 60 LAKHS WHEREAS MY TUNROVER IS 4 CRORES. THE AUDIT REPORT SHOWS TURNOVER AS RS 4 CRORES... WHETHER WE ARE LIABLE FOR GST AUDIT OR NOT?.. PLEASE ADVICE.

AI Summary

Travel Agent with 4 Crore Turnover Must Undergo GST Audit as per Section 35(5) of CGST Act A travel agent inquired about the applicability of a GST audit, stating a commission income of 60 lakhs and a turnover of 4 crores. One respondent clarified that if the commission income alone is considered as turnover, a GST audit is not required. Another suggested that the commission collected constitutes the turnover. A third response indicated that if the total turnover exceeds 2 crores, a GST audit is mandatory under section 35(5) of the CGST Act, and thus, with a turnover of 4 crores, the agent is liable for a GST audit.