GST Audit in Delhi – Legal-N-Tax Advisory LLP
The process of verifying the correctness of reported turnover, taxes paid, refunds claimed, and input tax credit (ITC) is known as a GST Audit. It ensures that businesses are compliant with GST laws and avoid penalties. If you are looking for a trusted partner for GST Audit in Delhi, Legal-N-Tax Advisory LLP is your best choice.
We are an experienced GST Audit Firm in Delhi, helping businesses understand the audit process, documentation requirements, and compliance measures. Our team of expert Chartered Accountants acts as your professional consultant for GST Audit in Delhi and ensures smooth execution of the audit process.
Types of GST Audit in India
Under the GST law, audits are carried out to ensure accuracy in reporting. The main types are:
- Audit by Tax Authorities (u/s 65): Conducted by the Commissioner or authorized officers, covering one or more financial years. Notice is issued in FORM GST ADT-01, and the Audit is completed within three months, extendable by six months.
- Turnover-Based Audit (Removed w.e.f. 1st August 2021): Earlier applicable for taxpayers with turnover above ₹2 crore, where a CA or CMA audited books.
- Special Audit (u/s 66): Ordered when authorities find discrepancies in reported values or ITC. A Chartered Accountant or Cost Accountant is appointed, and directions are issued in FORM GST ADT-03.
Understanding these audits is essential to avoid non-compliance. Our GST Audit Service in Delhi guides you through every step.
How Legal-N-Tax Conducts GST Audit
We follow a systematic approach for every GST audit in Delhi:
- Step 1: Initial Review – Examination of GST returns and financial statements.
- Step 2: Data Reconciliation – Matching GSTR-1, GSTR-3B, and GSTR-9 with the books of accounts.
- ITC Verification – A detailed check of input tax credit with proper records.
- Step 4: Certification & Reporting – Preparing and submitting GSTR-9C with recommendations to reduce liabilities.
Documents Required for GST Audit
To ensure a seamless process, the following documents are needed:
- Audited financial statements (Balance Sheet, P&L, Cash Flow)
- GST returns (GSTR-1, GSTR-3B, GSTR-9)
- Purchase and sales registers
- ITC records, invoices, and payment proofs
- E-way bills and e-invoices
- Communication with GST authorities
Our consultant for GST Audit in Delhi helps you prepare accurate documents to avoid errors.
Challenges in GST Audit
Many businesses face hurdles during audits, such as:
- Data mismatches in returns vs. financials
- Time-bound notices from tax authorities
- Issues with e-way bill compliance
- ITC reconciliation problems
- Technical glitches on the GST portal
With our expert GST Audit Service in Delhi, these challenges are effectively managed.
Notable Case Laws on GST Audit
- M/S Raj Kamal & Company vs. Union of India (2023): Upheld GST audit validity under Section 65.
- Suncraft Energy Pvt. Ltd. vs. Assistant Commissioner: Clarified ITC entitlement even with GSTR-2A vs. GSTR-3B mismatches.
Why Choose Legal-N-Tax as Your GST Audit Firm in Delhi?
- Expert Team: Skilled Chartered Accountants and GST advisors.
- Comprehensive Services: Covers ITC review, reconciliation, and error rectification.
- Timely Compliance: Assistance with GSTR-9 & GSTR-9C filings.
- State-Specific Expertise: Knowledge of Delhi GST provisions for accurate compliance.
At Legal-N-Tax, we ensure that your GST audit in Delhi is completed efficiently, helping you stay compliant and penalty-free.
If you need GST Audit Service in Delhi, reach us at mail@legalntaxindia.com
