Review of compliance data, quality checks, Documentation Audit & Due Diligence as per the needs of the management of the company
Today in there is an evolving GST law with Government proactively and regularly seeking to amend the law for fitment of rates, Act and Rules to make GST simple and easy. The compliance in this period therefore is challenging and applicability would depend on the date of amendment. Some issues are not very clear for which one needs an in depth understanding. The role of high automation is however certain. Therefore the Professionals who have this knowledge and audit skills needs to provide the review services as practitioners
- Tax code & HSN codes
- Standard operating Procedures
- GST compliances/ returns along with GST tax positions
- Reconciliation of sales/revenue income
- Applicability of provisions of "Place of supply"
- Reverse charge mechanism
- Admissibility of GST input tax credit
- Abatement, exemption etc