Audit of taxable person as per Central Goods and Service Tax Bill, 2017

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Like existing provision of law every taxable person shall self-assess the tax in the Goods and Service Tax regime also. The tax departments dont have direct control over supply of goods or services. The departments through audit conduct verification of accounts, returns and other records related to production, clearance or provision of service.

April 17, 2017 at 05:57PM

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from editor

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