5 Questions
Who can conduct the first type of audit if turnover exceeds Rs. 2 crore?
Chartered Accountant/Cost Accountant
When is a registered person required to undergo a special audit?
During any stage of scrutiny, inquiry, investigation or any other proceedings
Who can undertake the normal audit of a registered person?
Commissioner or any officer authorised by him
What form should be used to furnish audited annual accounts and a reconciliation statement if turnover exceeds Rs. 2 crore?
Form GSTR-9C
When might a special audit be directed for a registered person?
Depending upon the complexity of the case
Test your knowledge of GST with this quiz focused on the audit requirements for businesses with a turnover exceeding Rs. 2 crore. Explore the specific procedures and compliance obligations for account audits by chartered accountants and cost accountants under the GST regime.
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