Skip to content

CMA Final · Indirect Tax Laws and Practice · GST Annual Return and GST Audit Return

Which statement about audit provisions in the CGST Rules, 2017 as reproduced is correct?

Findings of an audit under section 65 are informed to the registered person in FORM GST ADT-02 under Rule 101(5). The audit period may be a financial year, part thereof or multiples, and special audit uses ADT-03 and ADT-04 with a chartered or cost accountant.

  1. AUnder Rule 101, the audit period under section 65 can only be exactly one financial year
  2. BOn conclusion of a section 65 audit, findings are informed to the registered person in FORM GST ADT-02Correct
  3. CSpecial audit under section 66 is directed in FORM GST ADT-02 to a chartered accountant only
  4. DSpecial audit findings are informed to the registered person in FORM GST ADT-01

Explanation

Rule 101(5) provides that findings of audit are informed in FORM GST ADT-02. Rule 101(1) allows a financial year, part thereof or multiples thereof, so the first option is wrong. Rule 102 uses ADT-03 for the direction, naming a chartered accountant or cost accountant, and ADT-04 for the findings.

Did you get it right without looking?

One question tells you little. A timed set on GST Annual Return and GST Audit Return shows your real accuracy, how long you take and where you lose marks.

Practise GST Annual Return and GST Audit ReturnFree diagnostic mock

More GST Annual Return and GST Audit Return questions