GST DAILY – 127

Stay Yourself  Updated  on GST

GST Audit Checklist for Invoicing documentation – 2

👉 Whether Tax Invoice or Bill of supply is issued as per GST law? Whether it contains all the relevant particulars as required under law?

👉 Whether Tax Invoice for supply of goods is issued on or before the removal/delivery of goods? Whether Tax Invoice for supply of services is issued within 30 days from date of supply of service?

  Whether bill of supply is issued for exempt supplies/ non- GST supplies?

👉 Whether the Revised Invoice is issued in case of New Registration?

👉 Whether Receipt voucher is issued for receipt of advance?

👉Whether Self-Invoice and payment voucher is issued in case of RCM transactions under section 9 (3) & (4)?

👉Whether refund voucher is issued for refund of advance received?

👉 Whether Credit noter Debit notes are issued as per the provisions of the GST law as per section 34?

👉 Whether Credit note Debit Note is issued before 30th November of the Subsequent Financial Year?

👉 Have you checked correctness of Tax Invoice Bill of supply with the appropriate Supply Register! GSTR 1?

👉 Whether the Tax Invoice Bill of supply is cancelled for genuine reasons, if any like Name of party details where applicable?

👉Whether any Invoice cum Bill of supply is raised for specific transactions?

👉Whether the transport documents are maintained and verified?

  Whether the Delivery challan/E-way bill Register is maintained? Whether Series of documents issued as per clause 13 of GSTR 1 matches with Books of Account from April 2022 to March 2023?

👉Others if any specify

Regards 🙏

CA PRADEEP MODI

9433033882