applicability of GST AUDIT
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....pplicability of GST AUDIT<br> Query (Issue) Started By: - Richa Goyal Dated:- 22-6-2019 Last Reply Date:- 23-6-2019 Goods and Services Tax - GST<br>Got 3 Replies<br>GST<br>SIR, WE ARE A TRAVEL AGENT....
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.... AND CHARGE COMMISSION OF SALES OF TICKETS WHERE WE PAY GST ON ON THE COMMISSION INCOME. MY COMMISSION INCOME IS 60 LAKHS WHEREAS MY TUNROVER IS 4 CRORES. THE AUDIT REPORT SHOWS TURNOVER AS RS 4 CRORE....
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....S... WHETHER WE ARE LIABLE FOR GST AUDIT OR NOT?.. PLEASE ADVICE. Reply By Prudhvi Jakkula: The Reply: Madam, Kindly elaborate your question. If you are a commission agent then your turnover will ....
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....be only ₹ 60 lakhs then there will be no requirement of GST audit. I did not understand the point of 4 crores turnover. Reply By KASTURI SETHI: The Reply: Your commission collected in a year....
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.... is your turnover. If any doubt, post your further query. Reply By PAWAN KUMAR: The Reply: if your turnover during a financial year exceeds ₹ 2.00 crore there is a requirement for getting GST ....
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....Audit under section 35 (5) of CGST Act by an CA or CMA. In your case if your turnover on single PAN across the country is ₹ 4.00 crore, you are liable for GST Audit.<br> Discussion Forum - Knowl....
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....edge Sharing ....