A GST Audit is the process of examining and verifying records, returns, and other documents maintained by a GST-registered entity, to assess whether:
The GST paid and collected is accurate
Input Tax Credit (ITC) claims are genuine
Returns filed (GSTR-1, GSTR-3B, GSTR-9) are consistent with books of accounts
Legal Background:
Under the GST Regime:
While the mandatory GST audit by CA/CMA (u/s 35(5)) was removed in the Union Budget 2021 for FY 2020–21 onwards, the need for internal and voluntary GST audits has grown even stronger.
Now, every taxpayer must self-certify the GST Annual Return (GSTR-9) and, if applicable, the Reconciliation Statement (GSTR-9C)—and this requires professional expertise to ensure it aligns with actual books of accounts.
Who Should Get a GST Audit Done?
- GST audit is strongly recommended for:
- Businesses with turnover exceeding ₹2 crore (GSTR-9 mandatory)
- Entities with complex transactions or multi-state operations
- Businesses with a history of mismatches or GST notices
- Businesses claiming significant Input Tax Credit (ITC)
- Exporters and e-commerce operators
- MSMEs wishing to avoid future scrutiny or penalties
Common Errors We Help You Avoid:
- ITC mismatch between GSTR-3B and GSTR-2B
- Non-compliance under RCM
- Filing incorrect or incomplete HSN summaries
- Under-reporting or duplication of invoices
- Missed credit reversals on exempt supplies or non-payment
- Delay in GSTR-1 and GSTR-3B leading to late fees
Industries We Serve:
- Traders & Wholesalers
- Manufacturers
- Service Providers & Consultants
- Transport & Logistics
- Educational Institutions
- E-commerce & Retail
- Professionals (Doctors, Architects, Engineers)