Difference Between Audits under Section 65 and Section 66 of CGST Act - GST Ready Reckoner - GST

Difference Between Audits under Section 65 and Section 66 of CGST Act COMPONENTS Section 65 of CGST Act ( Audit by tax authorities ) Section 66 of CGST Act ( Special audit ) Nature of Audit It is a departmental audit It is a Special Audit Conducted by Audit under this section is conducted by officers of the department authorised by the commissioner In this section, the audit is undertaken by a CA (Chartered accountant) or a CMA (Cost Management Accountant) nominated by the Commissioner Prior Notice 15 days notice is required No such requirement of notice/intimation under Special Audit Time for conclusion of the audit Audit under this section is to be concluded within 3 months, further extension of a period of 6 months is allowed The Special Audit is to be conclude within 90 days, further extension of 90 days is allowed Audit Findings/Report Audit reports should be submitted upon completion of the audit Audit reports is to be submitted to the assistant Commissioner The opportunity of being heard There is no such specific provision Yes, where any material gathered during the Special Audit that can be used in any proceedings against the auditee Action based on a Report Yes, Upto F.Y. 2023-24:- under section 73 by the issuance of Show Cause Notice. From F.Y. 2024-25:- Under Section 74A by the issuance of show cause Notice. Yes, Upto F.Y. 2023-24:- under section 73 by the issuance of Show Cause Notice. From F.Y. 2024-25:- Under Section 74A by the issuance of show cause Notice.