GST What is meant by commencement of audit?

Discussion in 'GST (Goods & Service Tax)' started by Raju Choudhary, Apr 18, 2017.

  1. Raju Choudhary

    Raju Choudhary Active Member Staff Member

    Ans. The term ‘commencement of audit’ is important because audit has to be completed within a given time frame in reference to this date of commencement. Commencement of audit means the later of the following:

    • (a) the date on which the records/accounts called for by the audit authorities are made available to them, or
    • (b) the actual institution of audit at the place of business of the taxpayer.

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