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GST Audit Explained: Applicability, Process, and Benefits

GST audit involves examination of records, returns, and statements to verify correctness. Businesses crossing prescribed turnover limits may be required to undergo GST audit.

An audit ensures transparency, identifies discrepancies, and improves compliance. It also builds trust with authorities and stakeholders.

Professional handling of GST audits minimizes risks and ensures smooth completion.

This article is for informational purposes only and does not constitute professional advice or solicitation, in accordance with ICAI guidelines.