Annual GST Audit / ReviewFinance Act 2021 – Self Certification of reconciliation Statement instead of certification of GSTR-9C by CA/CMA. 43rd GST Council Meeting made it applicable for FY 2020-21 as well.
• It actually has shifted the responsibility to management.
• In some cases – Person doing regular compliances try to hide errors.
• Annual Review of GST by Independent Tax Professionals ensures that Compliances are done properly.
• It aware the management about any mistakes or any contrary stands taken by the Organizations.
• Team Athena understands the complexity involved in certifying GSTR-9C/ reconciliation statement and is pleased to provide its review services prior to Self-Certification by Management.