Audit - GST Ready Reckoner - GST

As per section 2(13) of the CGST Act 2017. Audit means - The examination of records, returns and other documents maintained or furnished by the registered person under this Act or the rules made thereunder or under any other law for the time being in force; To verify the correctness of turnover declared, taxes paid, refund claimed and input tax credit availed and; To assess his compliance with the provisions of this Act or the rules made thereunder.