Audit by tax authorities Section 65

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..... es a detail explanation in relation to the notices, the demand and recovery provisions (cases where a registered taxable person has not paid/short paid the taxes and/or has failed to file required returns). Types of Audit under GST There are three types of audit prescribed under CGST Act, 2017 In the First type of audit (as per section 35 of CGST Act ) is by a Chartered acc .....

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..... including the books of account examined and audited by a chartered accountant or cost accountant during any stage of scrutiny, inquiry, investigation or any other proceeding, depending upon the complexity of the case. Who may conduct Audit [ section 65 of CGST Act Rule 101 of CGST Rules ] Audit of any registered person may be under taken by The Commissione .....

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..... where the Commissioner is satisfied that audit in respect of such registered person cannot be completed within three months, he may, for the reasons to be recorded in writing, extend the period by a further period not exceeding six months. Explanation . For the purposes of sub-section 5 of section 65 , the expression commencement of audit shall mean the date on which the records .....

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..... of goods or services or both, the input tax credit availed and utilised, refund claimed, and other relevant issues and record the observations in his audit notes. During the course of audit, the authorised officer may require the registered person,- to afford him the necessary facility to verify the books of account or other documents as he may require; to furnish such infor .....

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..... - The proper officer may initiate proceeding for determination of tax under section 73 or section 74 of CGST Act levy of interest and/or penalty, if audit conducted reveals any evidence of detection of tax not paid or short paid or erroneously refunded, or input tax credit wrongly availed or utilised, - Manuals - Ready reckoner - Law and practice - Reference Guide .....

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