TMI Blogapplicability of GST AUDITX X X X Extracts X X X X 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 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 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 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 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 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 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 X X X X Extracts X X X X
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