CBIC Issues Guidelines for Streamlining GST Audits and Bringing Uniformity in Tax Assessments

The recent guideline emphasizes that, during the audit process, if a Principal Commissioner of CGST Audit encounters scenarios where taxpayers have followed prevalent trade practices based on specific interpretations of GST laws, which could lead to multiple understandings and potential … Continue reading CBIC Issues Guidelines for Streamlining GST Audits and Bringing Uniformity in Tax Assessments