applicability of GST AUDIT, Goods and Services Tax - GST

[Richa Goyal]

SIR,

WE ARE A TRAVEL AGENT AND CHARGE COMMISSION OF SALES OF TICKETS WHERE WE PAY GST ON ON THE COMMISSION INCOME. MY COMMISSION INCOME IS 60 LAKHS WHEREAS MY TUNROVER IS 4 CRORES. THE AUDIT REPORT SHOWS TURNOVER AS RS 4 CRORES... WHETHER WE ARE LIABLE FOR GST AUDIT OR NOT?.. PLEASE ADVICE.

Posts / Replies

[Prudhvi Jakkula]

Madam,

Kindly elaborate your question. If you are a commission agent then your turnover will be only ₹ 60 lakhs then there will be no requirement of GST audit.

I did not understand the point of 4 crores turnover.

[KASTURI SETHI]

Your commission collected in a year is your turnover. If any doubt, post your further query.

[PAWAN KUMAR]

if your turnover during a financial year exceeds ₹ 2.00 crore there is a requirement for getting GST Audit under section 35 (5) of CGST Act by an CA or CMA. In your case if your turnover on single PAN across the country is ₹ 4.00 crore, you are liable for GST Audit.