Under which provision of the GST Act, the audit is required? GST Audit is required as per provisions of Sub-section 5, Section 35 of the CGST Act 2018.
As per Notification No 44/2017-Central Tax,dt. 13-10-2017 , the taxpayers who are eligible to take input tax credit basis on sub-section of section 18 of the CGST Act 2017, who have taken registration during the month of July, August and September 2017, the last date for filing of FORM GST ITC-01 is extended up to 31st Oct 2017.
As per Sub-section 68 of Section 2 of CGST Act 2017, ” means any treatment or process undertaken by a person on goods belonging to another registered person and the expression “job worker” shall be construed accordingly” meaning that it would amount to supply if the job worker adds any materials during the process or […]