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Your Trusted Partner for Hassle-Free GST Audits

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    Taxinno: Your Trusted Partner for Hassle-Free GST Audits

    Our Features

    Simplify Your GST Annual Return Filing with Taxinno

    Filing your GSTR-9 Annual Return doesn’t have to be stressful. This mandatory return summarizes all your business transactions under GST for the year, including outward and inward supplies. It applies to businesses with an annual turnover exceeding ₹2 crore.

    At Taxinno, we specialize in making GSTR-9 filing easy and accurate. Our team of experts ensures your filings are compliant with GST regulations, eliminating errors and avoiding penalties.

    Why Choose Taxinno?

    Expert Guidance
    Our GST professionals guide you through the entire process.
    Timely Reminders
    Never miss a deadline with our proactive alerts.
    Accurate Filings
    We verify your data to ensure a hassle-free submission.
    All-Inclusive Support
    From preparing data to filing, we cover everything.

    FAQs For GST Audit Deadline

    1. What is the last date for GST Audit for FY 2023-24?

    The deadline for completing the GST audit and filing the reconciliation statement in Form GSTR-9C for the financial year 2023-24 is 31 December 2024.

    2. Who is required to conduct a GST Audit?

    Taxpayers whose annual aggregate turnover exceeds ₹5 crores in a financial year must get their accounts audited and submit Form GSTR-9C.

    3. What happens if I miss the GST Audit deadline?

    Failure to meet the deadline may result in penalties, late fees, or legal notices. Additionally, interest may accrue on tax discrepancies identified later.

    4. What is the penalty for not complying with GST Audit requirements?

    Penalties may include a fine of up to ₹25,000 under Section 125 of the GST Act, along with other consequences depending on the violation.

    5. Is the GST Audit mandatory for all taxpayers?

    No, it is mandatory only for taxpayers exceeding the prescribed turnover limit. Small businesses filing GSTR-9 (annual return) below this limit are exempt.

    6. How should I prepare for the GST Audit?

    • Reconcile GST returns (GSTR-1, GSTR-3B) with your books of accounts.
    • Ensure invoices match reported data.
    • Rectify any errors before filing GSTR-9 and GSTR-9C.

    7. Can the GST Audit deadline be extended?

    In some cases, the government may extend the deadline, but as of now, the last date is set as 31 December 2024. Keep checking GST portal notifications for updates.

    8. Where can I check updates on GST Audit deadlines?

    Follow us on Instagram-@taxinno1 or visit the official GST portal (www.gst.gov.in).