What are common GST audit issues?

[Kevin]

Want to avoid frequent GST audit issues.

 

[Adam]

Some of the typical GST audit issues are mismatches between returns and books of accounts, incorrect ITC claims, missing or delayed return filings, wrong classification of goods/services, errors in tax rates, incomplete documentation, and non-reconciliation of GSTR-1, GSTR-3B, and GSTR-2A/2B.

 

[David Williams]

There are wrong claims of input tax credit, mismatched invoices, late filings, and inaccurate turnover reporting.

 

[Ynessira]

During a GST audit, businesses often face issues like incorrect tax filing, mismatched input tax credits, late or missing returns, unreported outward supplies, classification errors, and non-compliance with exemptions. These discrepancies can lead to notices, penalties, and interest, making accurate record-keeping and timely reconciliation essential for GST compliance.

 

[Benjamin]

Common GST audit issues include mismatches between GSTR-1 and GSTR-3B, incorrect input tax credit (ITC) claims, late or missing filings, classification errors in HSN codes, incorrect tax rates, unreported outward supplies, and discrepancies in the reconciliation between books of accounts and GST returns.