Final Audit Report issuance in GST: electronic issuance and prescribed period closure trigger compliance or demand proceedings. Finalisation of the GST audit requires the audit officer to draw the Final Audit Report in GST Form ADT 02 after considering the taxpayer's reply and committee discussions; after approval the FAR must be issued to the auditee preferably electronically within the prescribed period and the audit case closed. Closure may follow correction and payment of dues via the designated payment mechanism within the prescribed period, where the FAR shows nil revenue implication, or where non payment leads to initiation of demand and recovery proceedings.
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Provisions expressly mentioned in the judgment/order text.
Final Audit Report issuance in GST: electronic issuance and prescribed period closure trigger compliance or demand proceedings.
Finalisation of the GST audit requires the audit officer to draw the Final Audit Report in GST Form ADT 02 after considering the taxpayer's reply and committee discussions; after approval the FAR must be issued to the auditee preferably electronically within the prescribed period and the audit case closed. Closure may follow correction and payment of dues via the designated payment mechanism within the prescribed period, where the FAR shows nil revenue implication, or where non payment leads to initiation of demand and recovery proceedings.
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