UDIN mandatory for GST & Tax Audit Reports from Tomorrow, not applicable to Statutory Bank Audit: ICAI

In a set of Frequently Asked Questions (FAQs) issued by the Institute of Chartered Accountants of India (ICAI) has clarified that though UDIN is mandatory for GST & Tax Audit Reports from Tomorrow, it is not applicable to Statutory Bank Audits. With effect from 1st April 2019, Unique Document Identification Number (UDIN) is being made mandatory for GST & Tax Audit Reports. Considering the…