https://www.taxtmi.com/news?id=20896 Every registered person with aggregate turnover exceeding Rs.2 crore must obtain audit by a CA/CMA and submit audited accounts with a reconciliation statement in FORM GSTR 9C along with the annual return. Auditors must reconcile financial statements with GST returns, verify taxes, refunds and ITC (including eligibility, reversals under the 180 day rule, blocked credits and apportionment for exempt/non business use), confirm compliance with invoicing, time/place of supply and valuation rules, examine records retained for prescribed periods, and report observations and recommended adjustments; special audits and statutory access to premises apply where warranted. en-us Fri, 28 Dec 2018 11:53:13 +0530 Wed, 11 Feb 2026 15:57:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=20896 Every registered person with aggregate turnover exceeding Rs.2 crore must obtain audit by a CA/CMA and submit audited accounts with a reconciliation statement in FORM GSTR 9C along with the annual return. Auditors must reconcile financial statements with GST returns, verify taxes, refunds and ITC (including eligibility, reversals under the 180 day rule, blocked credits and apportionment for exempt/non business use), confirm compliance with invoicing, time/place of supply and valuation rules, examine records retained for prescribed periods, and report observations and recommended adjustments; special audits and statutory access to premises apply where warranted. News - Fri, 28 Dec 2018 11:53:13 +0530 https://www.taxtmi.com/news?id=20896