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Category: General

Departmental Audit – Only Audit in GST: A Detailed Analysis

By Nancy K. AllisonPosted on July 24, 2024

Departmental Audit: After abolition of Audit under section – by a Cost Accountant and other professionals, the only way to check correctness of GST provisions remaining is […]

Concept Note: Free issue of materials to Contractors under GST

By Nancy K. AllisonPosted on July 24, 2024

Before we start: Company X has been awarded a contract by Maharashtra State Road Development Corporation Limited (MSRDC) for construction of ‘Versova Bandra Sea Link (VBSL)’ on […]

Typical GST Audit Program, GST Audit Check list for professionals

By Nancy K. AllisonPosted on July 24, 2024

Typical GST Audit Program: Section 35(5) of the CGST Act, 2017 (the Act) requires all taxable persons with a turnover exceeding rupees 2 crore to get the GST […]

GST Audit – Conducting GST Audit & Issue of GST Audit report

By Nancy K. AllisonPosted on July 24, 2024

Every registered entity whose aggregate turnover during a financial year exceeds Rs.2.00 crore has to get its accounts audited as the provisions of GST Act. Such person […]

GST Audit & Assessment Rules, (Updated 01-06-2024)

By Nancy K. AllisonPosted on July 24, 2024

GST Audit & Assessment Rules, GST Audit Rules as per GST Bill: CBEC Release GST Assessment Rules & GST Audit Rules. Check Rules of Assessment & Audit under […]

GST Audit Exercise Advantages – Professionals, Department

By Nancy K. AllisonPosted on July 24, 2024

GST Audit Exercise Advantages. To an assessee – Normally, the tax department conducts an audit or assessment after the close of a financial year. It is customary […]

Why ESG Investing is Galloping Over the Globe? 2024 – Detail

By Nancy K. AllisonPosted on July 24, 2024

ESG Investing: ECG stands like this. E for Environment, S for Social and G for Governance. To sum up, full version of ECG is Environment, Social and […]

GST E-Invoice 2024: Advantages, Applicability, Game Changer

By Nancy K. AllisonPosted on July 24, 2024

GST e-invoice is the intro of the digital billing for products and services supplied by the organization company generated at the government GST portal (https://einvoice1.gst.gov.in/). E-invoicing under […]

When will GST be applicable – GST is Applicable from 1st July 2017

By Nancy K. AllisonPosted on July 24, 2024

When will GST be applicable? – GST is Applicable from 1st July 2017. Check Applicability of GST, SGST, CGST, GST is Applicable or not for CA Course. […]

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