The Orissa High Court has stayed further proceedings arising from a Goods and Services Tax (GST) demand-cum-show cause notice ...

Stakeholders seek more time for GSTR-9 and 9C as new ITC reporting rules introduce granular, multi-year reconciliations that ...

By L Badri Narayanan & Shweta Walecha After one year of Goods & Services Tax (GST) regime, it is now critical for the taxpayers to start focusing on various GST compliances such as reconciliations, ...

PFIZER LIMITED ( ($IN:PFIZER) ) has provided an announcement. Pfizer Limited has disclosed that it received an order from the Additional ...

The government’s decision to do away with mandatory goods and services tax (GST) annual audit requirements will help at least 10 million firms save audit fee worth about ₹30,000 crore annually, ...

Exemption from Audit for Companies with Turnover up to ₹1 Crore Benefits May Exist, but the Risks Are Far Greater It has been reported that the Ministry of ...

Accounting rule maker Institute of Chartered Accountants of India (ICAI) has asked the government to bring back the audit and certification provisions relating to Goods and Services Tax (GST) annual ...

While the GST laws on rates of tax and filing of returns keep changing every alternate day, one important area that has not made its entry into the law book is GST audits. Section 44(5) of the CGST ...

In case of non-cooperative taxpayers or any inherent weakness of the internal control system, officers could shift back to the premises-based audit. New Delhi: GST officers would have to audit and ...

Businesses with an annual turnover of more than Rs 2 crore can now start filing GST audit reports for the financial year 2017-18 as the rules for filing the audit reports have been clarified. The ...