Time Limit to Audit u/s 65

[NARENDER YARRAGORLA]

For the FY 2017-18, what is the due date to conduct audit u/s 65?

AI Summary

Clarification on Audit Time Limit Under GST Section 65 for FY 2017-18: No Specific Due Date for Audit Completion. A query was raised regarding the time limit for conducting an audit under section 65 of the Goods and Services Tax (GST) for the fiscal year 2017-18. It was clarified that there is no specific due date for conducting the audit itself. The commissioner can authorize the audit with a 15-day notice, which must be completed within three months, extendable by six months. Subsequent proceedings, including the issuance of a show cause notice (SCN) under sections 73 or 74, must be completed by February 6, 2023, or February 6, 2025, respectively. The department schedules audits before the SCN due date to avoid time-barred demands.