Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

applicability of GST AUDIT

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 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 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... SHOWS TURNOVER AS RS 4 CRORES... WHETHER WE ARE LIABLE FOR GST AUDIT OR NOT?.. PLEASE ADVICE. - Reply By Prudhvi Jakkula - The Reply = Madam, Kindly elaborate your question. If you are a commissio .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... n 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. - Reply By KASTURI SETHI - The Reply = .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Your commission collected in a year is your turnover. If any doubt, post your further query. - Reply By PAWAN KUMAR - The Reply = if your turnover during a financial year exceeds ₹ 2.00 crore .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 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 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... for GST Audit. - applicability of GST AUDIT - Query Started By: - Richa Goyal Dated:- 22-6-2019 Goods and Services Tax - GST - Got 3 Replies - GST - Discussion Forum - Knowledge Sharing, reply po .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... st by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates