Taxpayer with turnover over Rs 2 cr need GST audit certificate, will be arduous job for auditors

The Government on Thursday notified the  GSTR-9C form for annual  GST audit under which every taxpayer above Rs 2 crore turnover in a financial year would need to fill up a reconciliation statement and also obtain a certification of audit. Under GST, annual return is to be furnished in GSTR-9 (recently notified on September 4, 2018). In addition, as per Section 35 of CGST Act, 2017, ever…