Accredited status for deferred audit: reduces audit frequency for compliant registrants after multi-year interval, criteria to be prescribed separately. Accredited status permits deferral of GST audit frequency for registered persons with a proven compliance track record; accredited registrants need not undergo audit every cycle and should normally be audited only after a multi-year interval from the date of the last audit. The specific eligibility criteria and procedures for granting accreditation and selecting units for deferred audit will be issued separately.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Accredited status for deferred audit: reduces audit frequency for compliant registrants after multi-year interval, criteria to be prescribed separately.
Accredited status permits deferral of GST audit frequency for registered persons with a proven compliance track record; accredited registrants need not undergo audit every cycle and should normally be audited only after a multi-year interval from the date of the last audit. The specific eligibility criteria and procedures for granting accreditation and selecting units for deferred audit will be issued separately.
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