GST DAILY – 151

GST Audit Checklist for Refund – 14

👉 Whether the Supplier is eligible for Refund as per section 54?

👉Whether the supplier has applied for Refund and whether it is sanctioned?

👉Whetherany Refund is Rejected or pending before the Authority?

👉 Whether the Refund is Re-credited to Electronic Credit Ledger?

👉 Whether the Manual/Electronic documents for Refund are verified?

👉 Whether the Accounting impacts are given for Refund applied, pending, rejected or appealed?

👉Whetherany Refund is wrongly applied like input services/Capital goods credit for inverted duty structure?

👉 Whether Refund and Input Tax credit is claimed for the same transactions?

👉Whetherinterest on delayed refund is receivable?

👉Others if any specify

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