GST Audit: Are You Ready?

The government introduced two eagerly-awaited Goods and Services Tax compliance forms in September: GST Annual Return (GSTR-9) and GST Audit (GSTR-9C). For the 2017-18 financial year, both are due on Dec. 31, 2018. The concept of an audit by professional accountants is not new to Indian indirect tax laws. Under the erstwhile regime too, state-level value-added tax laws required the submission of a…