https://www.taxtmi.com/manuals?id=7667 The GST audit process prescribes a uniform, risk based system: creation of audit teams; selection of taxpayers via calibrated risk parameters, random sampling and local picks; advance intimation and desk review of departmental and third party data; preparation and approval of an audit plan; systematic verification with documentary and legal support; preparation of a Draft Audit Report for a Monitoring Committee Meeting; and finalisation and communication of the Final Audit Report, followed by follow up actions including issuance of Show Cause Notices and recovery measures. en-us Tue, 25 Feb 2025 16:25:00 +0530 Fri, 28 Mar 2025 14:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=7667 The GST audit process prescribes a uniform, risk based system: creation of audit teams; selection of taxpayers via calibrated risk parameters, random sampling and local picks; advance intimation and desk review of departmental and third party data; preparation and approval of an audit plan; systematic verification with documentary and legal support; preparation of a Draft Audit Report for a Monitoring Committee Meeting; and finalisation and communication of the Final Audit Report, followed by follow up actions including issuance of Show Cause Notices and recovery measures. Manuals GST Tue, 25 Feb 2025 16:25:00 +0530 https://www.taxtmi.com/manuals?id=7667