GST Audit Services

Ensuring accuracy, compliance, and efficiency in Goods & Services Tax reporting.

Why GST Audit Matters

The Goods & Services Tax (GST) regime requires businesses crossing prescribed turnover thresholds to undergo a GST Audit. This is not just a compliance exercise, but a detailed review of tax reporting, input credits, and reconciliations.

A GST Audit helps:

  • Ensure accurate reporting of outward and inward supplies
  • Verify Input Tax Credit (ITC) claims and reversals
  • Detect errors, mismatches, or fraudulent claims
  • Minimize interest, penalties, and litigation risk
  • Build credibility with tax authorities and stakeholders

Without a proper GST audit, businesses risk:

  • GST mismatches (GSTR-1, GSTR-3B vs. books of accounts)
  • Reversal or denial of ITC claims
  • Penalties & interest under GST laws
  • Increased chances of departmental scrutiny

Our GST Audit Services

  • Turnover Threshold GST Audits - Mandatory audits for businesses exceeding prescribed turnover
  • Annual GST Reconciliation - Matching GSTR-9/9C with books of accounts
  • Input Tax Credit Verification - Review of ITC claims, reversals & blocked credits
  • Reconciliation with GSTR-1, GSTR-3B & Books - Ensuring reporting accuracy
  • GST Health Check - Proactive review of compliance gaps and risk areas
  • Departmental Audit Assistance - Representation during GST authority audits
  • Sector-Specific Advisory - GST treatment for manufacturing, exports, IT/ITES, trading, and services
  • Compliance Automation - Dashboard-driven reconciliation & tracking

Why Choose FinnovateAI?

  • CA-Led Audit Expertise - Backed by professionals with deep GST domain knowledge
  • Tech-Driven Accuracy - Automated reconciliations using advanced tools
  • End-to-End GST Support - From return filing to audit to representation
  • Risk Minimization - Detect errors early and avoid penalties
  • Industry-Specific Insights - Tailored audits for SMEs, corporates, and startups
  • Proactive Advisory - Not just reporting issues, but suggesting fixes

Our Process

  • Data Gathering - Collect GST returns, books of accounts & supporting docs
  • Reconciliation - Match GSTR-1, 3B, 9/9C with financial statements
  • ITC Review - Validate input tax claims, reversals, and blocked credits
  • Risk Assessment - Identify errors, mismatches & compliance gaps
  • Audit Report & Filing - Prepare and file GSTR-9C (if applicable), issue audit report
  • Representation & Advisory - Handle departmental queries and future compliance planning

Who Needs It?

  • Businesses with turnover above prescribed GST limits
  • Exporters & Importers requiring ITC verification and compliance checks
  • Corporate Groups with multi-state GST registrations
  • SMEs & Startups seeking compliance confidence
  • Sector-Specific Entities - IT/ITES, e-commerce, logistics, FMCG, pharma, manufacturing
 
     
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