Audit Under GST

GST Audit India GST regime is the examination of records maintained by taxable person to verify correctness of information furnished, taxes discharged and to analyses the compliance with the provision of GST registration. The meaning of audit is given under Section 2(13) of Central Goods And Services Tax Act, 2017. Audit can be done by…


GST: Definitions

Section 2 of the Act generally contain important definitions, statutory definitions of various terms are as under: Statutory Provisions: Definitions 1. “actionable claim” shall have the same meaning as assigned to it in section 3 of the Transfer of Property Act, 1882; 2. “address of delivery” means the address of the recipient of goods or…


GST – Preliminary

GST is nothing but a value added tax on goods and services or both. GST is a single tax applicable on goods and services right from manufacture to retailer who sell the goods to ultimate consumer. Under GST act we under stands about following act:- CGST: Central Goods and Services Tax Act, 2017, the Act…