https://www.taxtmi.com/reply=120115 A GST officer may inspect the principal place of business and question a decline in turnover to verify return correctness and detect discrepancies; this can involve on site examination of books and electronic records and issuance of assessment or inquiry notices requiring a written response within the prescribed timeline. Registered persons should provide commercial explanations for turnover shortfalls-such as seasonal fluctuations, market changes, restructuring, loss of customers, competition, or disruptions-and substantiate them with sales registers, invoices, contracts and bank statements, while ensuring all replies are made through official written channels. en-us Mon, 09 Jun 2025 13:43:17 +0530 Sun, 15 Jun 2025 05:45:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/reply=120115 A GST officer may inspect the principal place of business and question a decline in turnover to verify return correctness and detect discrepancies; this can involve on site examination of books and electronic records and issuance of assessment or inquiry notices requiring a written response within the prescribed timeline. Registered persons should provide commercial explanations for turnover shortfalls-such as seasonal fluctuations, market changes, restructuring, loss of customers, competition, or disruptions-and substantiate them with sales registers, invoices, contracts and bank statements, while ensuring all replies are made through official written channels. Discussion-Forum GST Mon, 09 Jun 2025 13:43:17 +0530 https://www.taxtmi.com/reply=120115