GST Officer New Way of Inspection
Alert
A GST officer will conduct an inspection while acting as a consumer. GST Inspection Know as GST Language called TEST PURCHASE
How to select a taxpayer for inspection in GST
- High Sales but GST in Cash
- Threshold Limit cross but no GST Registration
- Non issuance of Tax Invoice
- A sale through estimation slips (Electronic, Tiles, Medical shops etc.)
- Service Industry
Also Read :- Changes in GST Tax Rates
Penalty
- If found guilty Proceeding shall initiated
- It will be a penalty applied Penalty
- A notice will be issued
- If interest is charged
- If there is a huge fraud, then you may even face jail.
