Submission of GST Audit Report

1. File GST audit report (GSTR-9C) annually.
2. Submit report by 31st December of every year.
3. File report electronically on GST portal.

Components of GST Audit Report

1. Part A: Basic details.
2. Part B: Reconciliation statement.
3. Part C: Taxable turnover.
4. Part D: Tax paid.

Review of GST Audit Report

1. Verify accuracy of reported data.
2. Check reconciliation with financial statements.
3. Ensure compliance with GST laws.

GST Audit Report Review Process

1. GST officer reviews report.
2. Issues notice seeking clarification (if needed).
3. Taxpayer responds with clarification.

Documents Required

1. GST returns (GSTR-3B, GSTR-1, GSTR-9).
2. Financial statements.
3. Invoices.
4. Bank statements.

Consequences of Non-Compliance

1. Penalty: Up to ₹25,000.
2. Interest: 18% per annum.

Best Practices

1. Conduct regular GST audits.
2. Maintain accurate records.
3. Consult GST professionals.

GST Audit Report Formats

1. GSTR-9C (Reconciliation Statement).
2. GSTR-9 (Annual Return).

References

1. GST Act, 2017.
2. GST Rules, 2017.
3. CBIC notifications.

Additional Resources

1. GST portal (gst.gov.in).
2. CBIC website (cbic.gov.in).
3. GST audit guidelines.