Page 20 - Jignyasa-June 2020

DOCUMENT LIST AREAS TO BE FOCUSED / CHECKED
/ VERIFIED
or tools sent out to a job worker
for job work)

 If any goods or waste/scrap has
been directly supplied from the job
worker premises, tax liability has
been discharged by the principal
 Further in case of direct supply
from unregistered job worker
premises, the place of business of
job worker is disclosed as additional
place of business in principal’s GST
registration
REFUND
• Refund application filed during the  Verify whether auditee is eligible to
year along with supporting working claim refund
and annexures
 Amount of refund filed is correctly
determined

 Verify if any accounting impacts are
given for Refund applied, pending
rejected or appealed

 Status of Refund - whether
approved, rejected or pending
JUDICIAL PRECEDENTS AND PENDING PROCEEDINGS
• Notices/Enquiry letters etc. received  Assess Impact of notices/Pending
and replies filed Litigations/Assessment Orders

• Assessment Orders  Demand if any has been duly paid
 Any specific advance ruling
applicable to the auditee
 Anti-profiteering provisions has been
complied
FINANCIALS AND REPORTS
• Financials and audit reports  State level breakup of profit and
loss account and select items of
• Internal Audit Report
Balance Sheet (like advances, ITC
• Tax Audit Report availed, output tax liability etc.)

 Check GST impact of any adverse
findings reported by Internal,
Statutory or Tax auditors in their
reports
Note: The above checklist is illustrative and only for general guidance. Readers shall
also have to consider industry specific areas while conducting GST audit.

20 Learning Today … Leading Tomorrow