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Registration, Monthly Compliances & Advisory

Certifications

A practicing Chartered Accountant is required to certify various forms related to reconciliation under GST audit, declaration in refund application, declaration for availing input tax credit when such declared amount exceeds the prescribed amount under law.

Annual return

An annual return must be filed once in a year by the registered taxpayers under GST on the due date as prescribed under law. It consists of details regarding the supplies made and received during the year under different tax heads i.e. CGST, SGST and IGST. It consolidates the information furnished in the monthly or quarterly returns during the year. The types of annual returns are summarized hereunder.

Form To be filed by
GSTR-9 Regular taxpayers
GSTR-9 A Persons registered under composition scheme
GSTR-9 B E-commerce operator

GST Audit

With the rationale of verification of turnover declared, taxes paid, refund claimed, input tax credit availed, and assuring adherence to compliance with the provisions of GST Act or the rules government has mandated the furnishing of an audited statement of accounts and reconciliation statement for registered persons having turnover exceeding 2 crores on or before 31st December following the end of such financial year without relaxation to voluntarily registered persons. The types of GST audit are

  • Annual Audit
  • Audit by tax authorities
  • Special Audit

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