GST authorities begin audit exercise: issue show cause notices

GST authorities begin audit exercise: issue show cause notices

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India Inc is set to face first ever tax audit under the GST regime. The taxpayers are being asked to furnish detailed records of GST forms, income tax papers and other documents for detailed records for FY2018. Tax authorities had issued a detailed GST manual telling at least 70% of taxpayers in each commissionerate have to be audited.

from News-Economic Times https://ift.tt/2NaTbep

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