What to expect during a GST departmental audit and how to maintain flawless records.
With the tax authorities heavily relying on data analytics, GST scrutiny and audits have become more targeted and frequent. Mismatches in Input Tax Credit (ITC) between GSTR-2A/2B and GSTR-3B are common triggers for show-cause notices.
Preparing for a GST audit involves maintaining accurate purchase registers, e-way bills, and reconciliation statements. It is imperative to reverse any ineligible ITC promptly to avoid interest and penalties.
We provide pre-audit reviews and represent businesses during departmental audits, ensuring queries are addressed legally and comprehensively.