GST Audit Checklist

GST Audit Checklist Software Intro

An GST audit checklist is an invaluable tool for comparing a business’s practices and processes to the requirements set out by ISO standards.GST audit is an independent assessment of how effective an organization’s risk management, processes, and general governance is. The GST audit checklist contains everything needed to complete an GST audit accurately and efficiently.

GST audits can be scheduled as frequently as your organization determines is needed in order to improve processes. Some businesses schedule audits once a year, every quarter, or even once a month, at most.

GST Audit Checklist Areas

The GST audits will review a few areas of your organization, including::

  • Standards
  • Areas subject to improvement
  • Effectiveness of the system

Steps & Sub-Steps to be Checked Under a GST Audit Checklist

Audit Planning Execution Execution
Task_Assignment Accounts and Records Place Of Supply
Closure Planning
Documents Related To Supply Reconciliations Books Vs Portal
Filling Of Returns Refunds
GST Payments Reverse Charge Mechanism
GST Registration Certificate Supply
Input Tax Credit Time of supply
Input Service Distribution Valuation Of Supply
Job Work Miscellaneous