Question 16 - What is meant by commencement of audit? - Faq On GST (2nd Edition) Dated 31.3.2017

Q 16. What is meant by commencement of audit? Ans. The term commencement of audit is important because audit has to be completed within a given time frame in reference to this date of commencement. Commencement of audit means the later of the following: a) the date on which the records/accounts called for by the audit authorities are made available to them, or b) the actual institution of audit at the place of business of the taxpayer.