Finance
What is GST Audit?
- GST Audit
- GST Audit is an examination of a taxpayer's GST records, returns, and books of accounts by a GST officer or a Chartered Accountant.
Types of GST Audit
GST law provides for three types: Audit by Tax Authority (Section 65), Special Audit ordered by Commissioner (Section 66), and Annual Return with Reconciliation Statement (GSTR-9C) for turnover above ₹5 crore.
What is Reviewed
GST auditors verify ITC claims, output tax liability, reconciliation between books and GSTR filings, e-way bill compliance, and proper classification of goods/services.
ERP Preparation
ERPNext's GST module generates GSTR-1, GSTR-3B, GSTR-9, and ITC reconciliation reports that form the basis of GST audit documentation.
Need help with GST Audit?
Infonoxe Technologies specialises in ERPNext implementation and custom software for Indian businesses.
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