Synopsis - GST Annual Return and GST Audit

On the eve of Ganesh Chaturthi, we are coming up with the "synopsis series" of various financial compliance's. A synopsis is a brief summary that gives an idea of what a composition is about.

In the first edition we have for you a synopsis on "GST Annual Return and GST Audit". Kindly refer to the attached document for more details.

Kindly note that many people are under the impression that even GST annual return (Though GST Audit isn't applicable) needn't be filed in case the aggregate turnover is below Rs. 5 crore for F.Y 2018-2019.

GST Audit & Annual Return.pdf

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