Wolters Kluwer’s GST Audit And Annual Return by CA Ashok Batra – 2nd Edition July 2020.

Wolters Kluwer’s GST Audit And Annual Return by CA Ashok Batra – 2nd Edition July 2020.

Key Features :

GST Audit and Annual Return is a lucid commentary on audit provisions and rules and it serves as a guide to professionals for conducting GST Audit for F.Y. 2018-19 in an effective and efficient manner.

Highlights:

• Legislative History of Amendments in Relevant Forms, Instructions to Forms, Principal Central Tax and Rate Notifications
• Introduction and Scope of GST Audit
• Lucid Commentary on Statutory Provisions and Rules under GST Law
• Audit Referencer comprising important topics tabulated for easy reference
• Guide to Audit Programme and checklists
• Comprehensive Analysis of Forms GSTR 9, GSTR 9A and GSTR 9C
• Relevant GST Forms with due dates, earlier due dates & extended time limits for filing
• Important Notifications, Circulars and Department Clarifications

Detailed Key Features

1. Referencer

• 21 Referencers comprising various topics under GST Law

1. Commentary & Checklists

• Detailed discussion on Statutory Provisions, Rules, Scope and Objective of Audit
• Checklist for compliance before accepting appointment of a GST Auditor
• Elucidates point of distinction of:
• Audit by Tax Authorities and Special Audit
• Auditor’s Report and Auditor’s Certificate
• Separate chapter on Accounts and Records covering discussion on provisions and rules regarding nature, period of retention and maintenance of accounts & electronic records
• Relevant Case Laws, Important Department Clarifications and Exemption Notifications for goods and services
• Illustrative list of Circulars clarifying rate of GST in respect of specified supplies
• List of Reverse Charge Mechanism of Goods and Services with Tariff items and effective dates
• Definition and Meaning of Important Terms

III. Audit Programme & Analysis of Forms

• Step-by-step guide with checklists covering Registration, Returns, ITC, Reverse Charge, Time, Place and Value of Supply, Input Service Distributor, Classification, Job Work, Tax Invoices, Debit & Credit Notes, Refunds
• Impact of Advance Ruling on GST Audit Programme
• Compliance Checklist covering mandatory & optional filings, exemption, annual turnover limit, declaration of additional liability, penalties with Examples
• Comprehensive Analysis of:
• Annual Return in Form GSTR 9
• Annual return for Composition Taxpayers in Form GSTR 9A
• Reconciliation Statement in Form GSTR 9C
• Part-Wise Instructions for filing the Forms

1. Legislative History of Amendments:

• Relevant GST Forms and Instructions to the Forms
• Principal Central Tax and Rate Notifications
• Corresponding Notifications issued under IGST
• Reverse charge and Exemption

Details :