Tag: GST AUDIT LIMIT

GST ACCOUNTS

ACCONUTS , RECORDS AND LEDGERS TO BE MAINTAINED UNDER GST

Maintenance of books of accounts and necessary supporting and relevant records are highly essential requirements for proper management and control of the business operations. This will facilitate the correct receipt and payment of cash and other transactions entered by the company. It is mandatory to maintain the books of accounts under Indian Companies Act, 2013 […]

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GST AUDIT LIMIT

GST ACCOUNTS, AUDIT, RECONCILIATION STATEMENT

GST AUDIT LIMIT Every registered person , other than a person registered under Section 10 (Composition Taxpayer) ,  whose aggregate turnover during a financial year exceeds Two crore rupees shall get his accounts audited as specified under sub-section (5) of section 35 and he shall furnish a copy of audited annual accounts and a reconciliation statement, duly certified by […]

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