ANNEXURE – GSTAM – VIII

WORKING PAPERS

Date of Preparation________________ W/P No.______________

I. DETAILS OF AUDIT

1. Name of the Principal place of business :

2. Address :
3. GSTIN.
4. Period covered in Present Audit
5. DATE OF AUDIT :
6. DATE OF SUBMISSION OF AUDIT REPORT :
7. DRAFT AUDIT REPORT NO. :
8. DETAILS OF THE AUDIT GROUP :

S. No. Name of the officer Designation

9. Major audit objections in earlier IAD reports :

10. Major CERA Observations in the past :
II. NATURE OF BUSINESS OPERATION OF THE TAXABLE PERSON
1. Brief description of the main goods being supplied in the proforma given below:
Sl. Description of HSN Exemption Rate of tax
No. outward supplies Notification availed

2. Details of principal inputs and capital goods used by the taxable person.
Details of Principal Inputs/Capital Goods
Sl. Input Materials/ Exemption Rate of
HSN
No. Capital Goods Notification GST

3. Brief details of the revenue for the last three financial years in the proforma
given below:-

Total ITC credit availed Total GST payment

Year (in Rs.) (in Rs.)

CGST SGST IGST Cess Cash ITC credit

III. DESK REVIEW AND AUDIT PLAN:

(PROCEDURE / FORMATS SEPARATE FOR GOODS AND SERVICES)

PART –A: GOODS

Date of Preparation________________

98
 1. The auditor should check whether the Taxable person Master File is available
in MIS Section and whether the same is complete. If not the auditor should
complete the same as far as possible from the information available in the
office.
Go through the information available in Taxable person Master File. Identify and mention
(with justifications), the areas or issues which merit inclusion in the Audit Plan.

______________________________________________________________________

2. Obtain and study other documents mentioned in Annexure-GSTAM-III and

conduct examinations as illustrated therein. List out the documents studied.

Name of the Period *

Sl No. Remarks
document/report * From To

3. RATIO ANALYSIS OF DATA BASE:

Work out some of the important financial ratios as mentioned in Para 5.6.6 and
Annexure IV. Mention the important indicators, which require to be included in the Audit
Plan.

The results of Ratio analysis may be summarised in the following table.

RATIO FY 1 FY 2 FY 3
(a) ITC : Total GST payment
(b) Inward supply value : outward
supply value as per P&L
Account
(c) ITC availed on capital goods
purchased during the years :
addition to capital goods
(d) Other income : outward
supplies as per P&L Account
(e) Power consumption/fuel
consumption (Qty) : production
quantity as per P&L Account
(f) Gross profit : Gross sales as per
P & L account
(g) Production of Goods : Scrap
(h) Input-output ratio as per norms
(l) ITC on inward supply to Total
inward supply
(m) Quantity of Actual production to
installed capacity

99
 IMPORTANT OBSERVATIONS OF THE AUDITOR (LEADING TO INCLUSION IN
AUDIT PLAN)

S. No. Analysis Description Results of Analysis Performed Auditor's Remarks

Mention changes in the law and rates of tax pertaining to the outward supplies
made and inward supplies since previous audit.
4. ______________________________________________________________
______________________________________________________________

5. Mention details of Anti-evasion cases booked in recent past or are in progress

and past audit objections, which have not been settled so far, by way of taxable
person acceptance, adjudication, appeals etc.
_________________________________________________________________
___________________________________________________________
6. Give details of important areas (pertaining to the goods supplied, rate of tax,
exemption notification and ITC availment on inward supplies to be included in
the Audit Plan with reasons thereof.
______________________________________________________________________
______________________________________________________
7. REVENUE RISK ANALYSIS:

Date of Preparation________________
a. Perform the Revenue risk analysis, covering a period of at least one year or a
minimum of one return, for GST payable and paid. The GST payable may be
derived by determining the taxable outward supplies from Profit and Loss
Account and other supporting documents and reconciling with taxable persons
records. The existing GST rate may be applied to this to arrive at GST payable.
This may be compared with total GST paid as per monthly return. Mention
results indicating possible problem areas and mention issues to be included in
the Audit Plan.
______________________________________________________________________
b. Perform the revenue risk analysis, covering a period of at least one year for
ITC utilization and availment and record your conclusions as to the potential
revenue loss. Value of inward supplies purchased as per the expenditure
statement in the Profit and Loss account and other records as prescribed under
section 35 (1) may be used for working out ITC available and compare it with
ITC available in ITC credit Ledger (ITC PMT-01). Mention results indicating
possible problem areas and mention issues to be included in the Audit Plan.
______________________________________________________________________
8. TREND ANALYSIS:
Undertake analysis of trends as illustrated in Para 5.6.9 or other trends as
deemed relevant. Mention issues to be included in the Audit Plan.
The results of Trend analysis may be summarised in the following table.

100
(Ratios marked with * are to be determined only in case the registered person is into
manufacture)
Year 2017-18 2018-19 2019-20
Cost of production of major
finished Goods (as per cost A B C ---- A B C ---- A B C ----
record) *
Quantity of inputs consumed in
the production of Finished
Goods *
Value of inputs consumed in the
production of Finished Goods *
Value of Outward supplies
Difference in ITC taken & ITC
available on purchase of raw
materials
Job work income as per P&L
Account or Trial balance
Inter unit transfers /sales to
related party as per Balance
Sheet
Gross operating profit Vis-a-vis
sales
GST paid by debit in Electronic
Credit ledger vis-à-vis GST paid
by debit in Electronic Credit
Ledger
GST paid by debit in Electronic
Credit ledger vis-à-vis Total GST
paid
Production of finished
goods/outward supplies *
Production of scrap/ Production
of finished goods
Production of taxable outward
supplies / vis-a-vis exempted
supplies *
Outward supplies made for
home consumption vs export
supplies
Value of outward supplies made
to related person vis-a-vis total
value of supplies.
Movement of inward supplies
vis-a-vis total production*
Movement of inward
supplies/goods manufactured
on job-work vis-a-vis total
production*
Input output ratio as per norms

101
 IMPORTANT OBSERVATIONS OF THE AUDITOR (LEADING TO INCLUSION IN
AUDIT PLAN)
S. No. Analysis Description Results of Analysis Performed Auditor's Remarks

9. FINANCIAL AND TAX ACCOUNTING INFORMATION:

Date of Preparation________________
a. Obtain audited Balance sheet and Profit and Loss Account and trial balance.
Review any notes in the Balance sheet / profit and loss account. If unit is a
division of a company, check if internal financial statements are prepared for
the unit before consolidation with other related units. Work out purchase
value of inward supplies to value of outward supplies ratio and compare with
ITC ratio. Obtain a copy of last two reports. Mention issues to be included in
the Audit Plan.

______________________________________________________________________

b. Identify all business activities like supply of goods/ supply of services like
repair, service activities and major source of ‘Other Income’. Mention issues
to be included in the Audit Plan.
______________________________________________________________________

c. Compare total turnover as per profit and loss account with the corresponding
figures submitted to the department in the returns for three years. Mention
discrepancies to be included in the Audit Plan.

______________________________________________________________________

GATHERING INFORMATION ABOUT TAXABLE PERSON AND THE SYSTEM

FOLLOWED BY HIM
Date of Preparation________________

i. INTERVIEWS

i. Person(s) Interviewed, their designation and dates of interview.

______________________________________________________________________

Give the gist of interviews specially in respect of

i. related ventures, business with these ventures and annual volume of
such transactions,
ii. relationships with the unit and its owners / shareholders,
iii. the head office / registered office of the unit, location of its operations
and location of its accounting records
iv. whether Company is an ancillary unit or independent unit of production:

102
 v. internal controls in the unit.
vi. any organizational or systemic changes that has occurred since last
audit.

Mention issues to be included in the Audit Plan

______________________________________________________________________

EVALUATION OF INTERNAL CONTROLS

(Please refer Para 5.7.1, 5.7.2 and Annexure VI).
Date of Preparation________________
i. Perform a walkthrough for the Sales / Records maintained. Trace a sample
of transactions (all types, including those on Credit) from source documents
through the GST account. Mention any new area need to be included in the
Audit Plan or whether the extent of verification of the issue already identified
in the Audit Plan needs to be modified.
______________________________________________________________________
ii. Perform a walkthrough of the purchase system (including capital assets).
Trace a sample of transactions, of all types, including Credits, from source
documents through the GST account. Examine specifically system for
purchase, rejection, short supply etc. Mention any new area need to be
included in the Audit Plan or whether the extent of verification of the issue
already identified in the Audit Plan needs to be modified
_________________________________________________________________

iii.Perform a walkthrough of any other system (eg. Stores Journal Entries, ITC
accounting etc.) Trace a sample of transactions of all types from source
documents through to the GST Account. Mention any new area need to be
included in the Audit Plan or whether the extent of verification of the issue
already identified in the Audit Plan needs to be modified.
_________________________________________________________________

iv. Perform a walkthrough of the process of compiling GST return for one
month, tracing from the tax return amounts backwards through to their
sources. Check supplies as per outward supply Account in ledger with value
shown in monthly return. Mention any new area need to be included in the
Audit Plan or whether the extent of verification of the issue already identified
in the Audit Plan needs to be modified.
_________________________________________________________________

v. Evaluate the soundness of level of Internal Control of each of the following

areas/sub-systems and grade them as good, acceptable or poor in the
following format:
In case quantum of data/information to be analysed is voluminous, apply ABC
analysis (please refer para 5.7.2)

Problem
Grade
Name of area/sub system areas if
(good/acceptable/poor)
any
Sales.
Purchase.
Tax Accounting.
Posting to General Ledger and Journals
(specially of high value transactions).
Recording of invoice.

103
 Recording of cash sales and purchases.
Credit/debit and their documentation.
Other expenditures.
Recording of and availment of ITC.
Accounting of scrap/wastes.
Account adjustments.
Others

vi.Any other relevant information gathered by the auditor during the course of
Evaluation of Internal Control. Mention any new area need to be included in
the Audit Plan or whether the extent of verification of the issue already
identified in the Audit Plan needs to be modified.
______________________________________________________________________

AUDIT PLAN:
(Please see para 5.8 and Annexure VII).
Date of Preparation________________
Audit Plan approved by ______________
i. The Audit Plan must be based on the issues identified in the previous steps
as to be verified during the conduct of audit and must be specific in the
following format (also given in Annexure VII):

Records /
Sl. Coverage Selection
Subject Specific Issue Document
No. Period Criteria
Code

IV. AUDIT VERIFICATION AT THE UNIT:

A. OUTWARD SUPPLY/ SALES INFORMATION:
Date of Preparation________________
i. Indicate marketing / clearance pattern in the following proforma:-
*Practice of
If yes,
Sr. valuation followed
Nature of Sale/Transfer etc Yes No description of
No. by the taxable
product (s)
person.
Direct Supply by the registered
1.
person
Supply through the
depot/distributors / consignment
2.
agents / Marketing
intermediaries.
Inter Unit transfers (not
3
amounting to supply)
Inter Unit transfers (amounting
4
to supply)
5 Self (Captive) consumption

104
 supply to U.N. and other aided
6
projects
Inward supplies received and
7
job work done
Inward supplies /semi-processed
8 material sent for job work
outside.
Outward supplies made from
9 Job-worker’s premises directly
to the customers
ii. Examine selected recipient’s ledger (customer) to find out any amounts
other than those shown in Tax invoices are realised (Check Debit Note and
Journal Vouchers also).

_________________________________________________________________
___________________________________________________________

iii. Identify other revenues as reported in the financial statements (Incomes

other than from sales). Mention such other revenues which may form part
of the assessable value

_________________________________________________________________
___________________________________________________________

B. INWARD SUPPLY (INPUTS)/PURCHASE INFORMATION:

Date of Preparation________________
a. Goods
i. List major suppliers, inward supply of goods purchased and indicate annual volume in
Rupees. Whether there are inward supplies purchased from related units?

___________________________________________________________________
_______________________________________________________________

ii. Examine selected creditor’s account (supplier) for each major input to find out any
purchase returns, short supply, rejection of goods etc. and its impact on ITC
availment.

___________________________________________________________________
_____________________________________________
iii. Study the purchase details of major capital goods acquired and in the course of or
furtherance of business.
___________________________________________________________________
_____________________________________________
b. Services
i. List major input services on which credit has been availed

___________________________________________________________________
_____________________________________________
ii. Examine selected ‘credit accounts’ for each major input services to verify whether
payment has been made prior to availment of credit.
___________________________________________________________________
_____________________________________________
iii. Examine whether any input services may have been used in the exempted supplies.

105
 ___________________________________________________________________
_____________________________________________

iv. Examine whether any taxable services have been received from a service provider
located outside India and verify whether GST due on such transactions if any, has
been paid.

___________________________________________________________________
_____________________________________________

C. OTHER INFORMATION:
Date of Preparation________________
i. Study whether any goods are captively consumed. Mention issues to be included in
the Audit Plan.

___________________________________________________________________
_________________________________________________
ii. Study whether any supplies are made to distinct persons, inputs/ partially processed
intermediates sent for job work or received for job work. Study the valuation and ITC
availment in such cases Mention issues to be included in the Audit Plan.

___________________________________________________________________
_________________________________________________

iii. Any other relevant information gathered by the auditor during the course of Gathering
information about taxable person, and systems followed by him and study of financial
documents. Mention issues to be included in the Audit Plan.

___________________________________________________________________
_________________________________________________

V. VERIFICATION AS PER AUDIT PLAN:

(Please see Chapter 5)
A. Carry out verification as per Audit Plan. The result of verification of each of the
issues should be mentioned in the format below, whether or not there is any
detection of discrepancy/audit point. The verification reports in respect of
issues verified which was not part of original Audit Plan but verified later should
also be mentioned at the end.

Proforma of a Verification Report

V.P. NO DATE____________
i. Name of the auditor verifying the issue:
ii. Issue involved in brief:
iii. Ref. No. of the Audit Plan:
iv. Documents verified:
v. Brief account of the process and extent of verification:
vi. Auditor’s observation and conclusion in brief:
vii. Quantification of revenue involved, if any (also give the calculation
sheet):

viii. Documents relied upon to support the conclusion:

ix. Party’s agreement : Yes/No

106
 x. If yes : In writing/Oral
xi. Amount of recovery, if any :

Signature of the auditor

Supervisor’s remarks and signature.
VII POST VERIFICATION
(to be filled up before leaving the taxable person’s unit)

Date of Preparation________________

A. Indicate information provided and specific actions suggested to the taxable

person to improve future compliance. Where the taxable person is in
agreement with the suggestions, request a commitment in writing and include
it in the Audit Report. If the taxable person is unwilling to give a written
undertaking, obtain a verbal commitment. Mention results.

______________________________________________________________________
______________________________________________________________________

B. SUMMARY OF AUDIT RESULTS

Provide an outline of all objections, which involve short/non levy of tax, amounts (say
under Sec. 76 of CGST Act), irregular availment/utilization of credit and non-payment of
interest due. Details of objections of technical/procedural in nature without involving
revenue/credit/interests/amounts should also be mentioned. Indicate whether the
taxable person has agreed to the objections and if so, has made spot payment (if so
details thereof). The summarised objections are to be uploaded in the audit utility and a
draft audit report is to be generated for discussion during the Monitoring Committee
Meeting.
ON CONCLUSION FAR IS REQUIRED TO BE SENT IN PROFROMA GST ADT -02 TO
THE AUDITEE WITHIN 30 DAYS

(Auditor)
Name/Designation
Group No:

Place: _______________

Date: _____________

107
 PART-B
SUPPLY OF SERVICES

I. RECORDS EXAMINED:
A standard list of records have been called for from the taxable person vide letter dated:
__________ ( FORM ADT-01) The following are the list of records received and
examined:
a)
b)
c)

II. RATIO ANALYSIS:

Work out some of the important financial ratios over a period of time. Mention the
important indicators, which require to be included in the Audit Plan.
The results of Ratio analysis may be summarised in the following table.
RATIO 2017-18 2018-19 2018-19
(a) Cost of Major input: Value of outward
supplies
(b) Total Credit availed: Total GST payable
© Other incomes charged to GST: Value of
taxable services
(d) Additions to plant and machinery/ fixed
assets during the year : Total value of
assets at the beginning of the year
(e) Amount of credit availed on inputs: Total
GST liability
(f) Consumables value: Value of taxable
services.

III. TREND ANALYSIS:

Work out trends of the following over a period of five years.

TREND 2017-18 2018-19 2018-19

(a) GST collection
(b) GST of a particular service vis-a-vis
overall growth of that industry.
(c) Trend in proportion of value of exempted
services to the total value of services.
(d) Value of outward supplies
(e) Gross Operating Profit
(f) Value of Exports
(g) Value of Services undertaken on sub-
contract
(h) Total GST paid

IV. INPUT TAX CREDIT(ITC) ANALYSIS : (Rs in lakhs) for the last THREE
years

Subject/ Year 2017-18 2018-19 2018-19

108
 Opening Balance
Credit availed
Credit utilised for payment of tax (Debits
in Electronic credit ledger)
Credit utilised for reversal under the
provisions of Rule 42 of CGST Rules
Closing Balance

V. ANNUAL TURNOVER VIS-A-VIS GST PAID:

Brief details of the annual turnover and the GST paid for the last five years and the
current year (Only Income side to be mentioned, and as regards Value and Taxes, they
refer to only output services- Reverse charge taxes not to be mentioned) (Rs in lakhs):

Year Turnover Income on Value of Total GST Paid GST paid % of ITC
as per interest/FDs Taxable GST (by debit –( by over Total
P&L A/c etc. Services paid in debit in GST
or Trial Electronic electronic
Balance Cash credit
ledger) ledger)

ASSOCIATE OF ENTERPRISES:
i Does the taxable person have an associated
Enterprise as defined in Section 2 of CGST Act
2017
ii If yes, then provide details

S. Name PAN Address Type of Details of

No. relationship transaction
, if any

VI. ANNUAL EXPENDITURE (IN INDIAN RUPEES) VIS-A-VIS GST PAID UNDER REVERSE
CHARGE:

Brief details of the annual expenditure and the GST paid for the last five years and the
current year (Only Expenditure to be mentioned, and as regards Value and Taxes, they
refer to only taxes payable under reverse charge - except in case of import of services)
[Rs in lakhs]

Year Expenditure as per Value of Total GST GST Payable-Cash

P/L statement Taxable paid
pertaining to Services
reverse charge
items

VII. ANNUAL EXPENDITURE OF FOREIGN CURRENCY VIS-A-VIS GST PAID UNDERSE

REVERSE CHARGE:

109
 Brief details of the expenditure in foreign currency and the GST paid for the last five
years and the current year (Only Expenditure to be mentioned in relation to import of
services) [Rs in lakhs]

Year Expenditure as per Value of Total GST GST Payable-Cash

P/L statement and Taxable payable
Notes to Services
Accounts(Foreign
currency) and
connected to Services
only

VIII. Brief details of Service Wise Exports (zero rated), turnover of non-taxable services
and exempted services for the last THREE years:

Year Descript Value Exempted services.

ion of of
Service Exports
Value Details of exemption
Notification

IX. Brief details of Service Wise Pure Agent Benefit Claimed for the last THREE years:
[Rs in lakhs]
SAC of Taxable Amount % of Pure Auditor’s comments on
Year Service Value claimed as agent the eligibility.
Pure Agent amount
claimed

X. In case the unit is registered as ISD, give the details of ITC availed and distributed:
[Rs in lakhs]

Year Credit Credit not Credit Closing Balance

taken eligible for distributed of credit
distribution

XI. Analysis of data of GST Returns filed.

Observations of the group (for each year of the audit period) particularly whether the
amount of GST calculated and paid correctly, Delay in filing of returns, Late payment of
tax etc.
(Rs in lakhs)

Year Total Tax Paid by Paid Total Tax Auditor’s observations

payable Cash using Tax short on delayed filing of
ITC paid paid returns, late payment of
tax etc.

110
XII. RISK LOSS ANALYSIS
1. Sales Income and GST payment:
(a). Estimated sales value calculated from GST payment particulars =
(b). Estimated value of sales as per Sales Account =
(c) Estimated sales value as per 3CD =
(d) Difference if any
2. Purchase of Input Services and ITC availment:
Estimate taxable input services from purchase account and apply the rate of tax to
determine the ITC that should have been availed on inward supply and compare it
with ITC availment reported in GST return

3. Expenditure Account: Whether recoveries are made under various expenditure

heads. If so, indicate the nature of such recoveries.

4. Whether services have any third party regulator. If so, name the regulator.
Enclose copy of return submitted to third party regulator.

XIII. AUDIT PLAN:

Date of Preparation________________
Audit Plan approved by ______________
The Audit Plan must be based on the issues identified in the previous steps as to be
verified during the conduct of audit and must be specific and may be in the following
format (may be included any other specific issues also that may emerge from Desk
Review):

111
Sr. Subject Specific Source document Field Cover Select
No. Issue Docu age ion
ment Period Criteri
a
1 Scrutiny of Timely filing of returns
Returns Timely payment of Tax
Any short payment of tax as
per declaration made in the
returns
2 Classificatio Whether HSN of the service Important contracts,
n and minor code mentioned in invoices, purchase orders
GSTPMT-06 Challan is issued by the clients
appropriate?
Exempted supply of Relevant notifications,
Services – Check eligibility to Relevant contracts,
Notifications invoices, purchase orders
issued by the clients
Non Taxable services Relevant notifications,
Relevant contracts,
invoices, purchase orders
issued by the clients
Any receipts claimed as not a Relevant invoices,
“Service” at all ? purchase orders placed by
the client, JVs
3 Valuation Issue relating to
Reimbursements, FOC, etc.
4 Place of Payment of GST at the time
supply of of receipt of Advances
services
Transactions with Associated
Enterprises
5 Reverse Import of Services
Charge Domestic (Partial) Reverse
Charge
6 ITC Eligibility as input service ?
ITC admissibility and Rule
42 of CGST Rules 2017
Short receipt/removal of
inward supplies
7 Other Admissibility of coverage
issues under Works Contract
Services
Reconciliation between GST
Returns and P&L A/C / TB
Any Other issue

112
 XIV. CONDUCT OF AUDIT:
A. Gathering of information about the tax payer:
While visiting the business premises of the taxable person, the auditor shall invariably
gather the information as detailed in the Annexure –VI and the results thereof and any
fresh/ additional points identified for verification be recorded hereunder:

B. Evaluation of internal controls (Walkthrough and ABC analysis):

i. Perform a walkthrough for the Records maintained. Trace a sample of transactions (all
types, including those on Credit) from source documents through the GST account.

___________________________________________________________

ii. Perform a walkthrough of the purchase system (including capital assets). Trace a
sample of transactions, of all types, including Credits. Examine specifically system for
purchase, rejection, short supply etc.
___________________________________________________________

iii. Perform a walkthrough of any other system (eg. Stores Journal Entries, ITC
accounting etc.) Trace a sample of transactions of all types.

___________________________________________________________

iv. Perform a walkthrough of the process of compiling GST return, tracing from the tax
return amounts backwards through their sources. Check services provided as per
relevant account in ledger with value shown in the return.
___________________________________________________________

v. Evaluate the soundness of level of Internal Control of each of the following

areas/sub-systems and grade them as good, acceptable or poor in the following
format:

In case quantum of data/information to be analysed is voluminous, apply ABC analysis.

Grade Problem areas
Name of area/sub system
(good/acceptable/poor) if any
Services / supplies
Tax Accounting.
Posting to General Ledger and Journals
(especially of high value transactions).
Recording of invoice.
Recording of cash sales and purchases.
Credit/debit and their documentation.
Other expenditures.
Recording of and availment of ITC.
Account adjustments.
Others

C. Carry out verification as per Audit plan:

The result of verification of each of the issues should be mentioned in the format below,
whether or not there is any detection of discrepancy/audit point. The verification reports
in respect of issues verified which was not part of original Audit Plan but verified later
should also be mentioned at the end.

113
Proforma of a Verification Report
V.R. NO DATE____________

i. Name of the auditor verifying the issue:

ii. Issue involved in brief:
iii. Ref. No. of the Audit Plan:
iv. Documents verified:
v. Brief account of the process and extent of verification:
vi. Auditor’s observation and conclusion in brief:
vii. Quantification of revenue involved, if any (also give the calculation
sheet):

viii. Documents relied upon to support the conclusion:

ix. Party’s agreement : Yes/No
x. If yes : In writing/Oral
xi. Amount of recovery, if any :
Signature of the auditor
Supervisor’s remarks and signature.
xii. POST VERIFICATION
(to be filled up before leaving the tax payer’s premises)

Date of Preparation________________

A. Indicate information provided and specific actions suggested to the taxable person to improve
future compliance. Where the taxable person is in agreement with the suggestions, request
a commitment in writing and include it in the Audit Report. If the taxable person is unwilling
to give a written undertaking, obtain a verbal commitment. Mention results.

SUMMARY OF AUDIT RESULTS

B. Provide an outline of all objections, which involve short/non levy of tax, amounts,
irregular availment/utilization of credit and non-payment of interest due. Details of
objections of technical/procedural in nature without involving revenue / credit /
interests /amounts should also be mentioned. Indicate whether the taxpayer has
agreed to the objections and if so, has made spot payment (if so details thereof).
The summarised objections are to be uploaded in the audit utility and a draft audit
report is to be generated for discussion during the Monitoring Committee Meeting.

ON CONCLUSION FAR IS REQUIRED TO BE SENT IN PROFROMA GST ADT -02 TO

THE AUDITEE WITHIN 30 DAYS

Place: (Auditor) Name and designation, Group No.

Date:

114