Master-Class Series On "GST Audit/Review" With 10+ Expert Faculties - Course

Course Duration : 
Approx 15 Hours comprising of 7 episodes

Course Background:
In a conventional sense, audit means scrutiny, verification of documents, events and processes in order to verify facts and to draw conclusions regarding the correctness of recording of facts and the efficiency of system under study. Today, the concept of audit in general has undergone change from a transactional audit to a risk based one. Particularly w.r.t the GST Law in India, section 2(13) of the Act defines ‘audit’ to mean “the examination of records, returns and other documents maintained or furnished by the registered person under this Act or the rules made thereunder or under any other law for the time being in force to verify the correctness of turnover declared, taxes paid, refund claimed and input tax credit availed, and to assess his compliance with the provisions of this Act or the rules made thereunder.”

GST law mainly functions under the principles of self-assessment wherein the tax payers assess / determine the tax liability and discharge the same, which brings multiple challenges. These challenges in the GST law not only make assessees prone to mistakes/errors, but also, lead to unnecessary departmental interventions / litigations or revenue leakages to the exchequer. One has to remember that the intention of the audit is not to threaten taxpayers but it is one of the methods to achieve transparency/accountability in any Tax law. Changes have been made in GST law to introduce self-certification of GSTR-9C from FY 2020-21 onwards.

What shall the course cover?
Against this backdrop, Taxsutra & Hiregange Academy are delighted to present to you a 15 Hours Exhaustive Master-Class Series titled, “Deep Dive into GST Audit/Review including GSTR-9 & GSTR-9C Certification.” In this Master-Class Series, Seasoned Indirect Tax Expert Mr. Madhukar Hiregange [Founding Partner of Hiregange & Associates] along with his team of 10+ expert faculties have practically scrutinized and provided solutions to tackle key challenges vis-à-vis GST Audits/Reviews.    

Key Highlights:

1. Understanding the importance of GST audits/ reviews and advantages for taxpayers including impact of self-certification from FY 2020-21.   
2. Developing skill sets to conduct the audits/ reviews by professionals   [Including Excel – Macros/ Tech tools]
3. Understanding best practices for filling of GSTR-9 and GSTR-9C forms
4. Different types of reviews which can be conducted to facilitate taxpayers
5. Understanding powers of officers and legal provisions relating to departmental audits - general approach
6. Best practices in handling departmental audits