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A Practical Guide to GST Audits and Certification

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A Practical Guide to GST Audits and Certification

About the book

The book has been written with a perspective to enable the taxpayers to ensure compliance with the applicable laws. The vast experience of the four authors in consulting, adjudicating, judging and implementation of indirect taxes would help the professionals implement GST provisions and getting audit done in an easier way. The book is divided into 7 parts as follows:

  • Part 1 – Overview of GST with focus on supply with and without consideration, ITC, valuation, place of supply and classification. Important procedures and professional opportunities.
  • Part 2 – Concept and types of audit under GST including internal audit of GST.
  • Part 3 - Ideal step by step audit process starting with risk assessment and ending with reporting. Professionals would understand how to do audit efficiently and effectively.
  • Part 4 – Technical standards as relevant to GST important for annual return as well as mandatory certification.
  • Part 5 – Detailed concept wise verification of documents/transactions after evaluation of internal control, reconciliation with tips to mitigate demand.
  • Part 6 – Step by step approach in filing of annual return including detailed instructions and checklist.
  • Part 7 – Step by step approach in certification of reconciliation statement including detailed instructions and checklist.


Appendices containing gist of important notifications, guidance notes, standards issued and important templates for ready reference of professionals.

Key features

•    Comprehensive guidance for conducting different types of GST audits
•    Includes provisions of key auditing and accounting standards relevant to GST
•    Includes practical tables giving Step by Step approach with Internal control questionnaires, checklists, review program and reconciliation statements for:
–    filing annual return with checklist and enabling formats
–    audit certification
•    Detailed discussion on 8 key reconciliation statements including ITC, outward supplies etc.
•    Extensive list of common errors to be avoided in GST
•    Covers bird's eye view of legal concepts and key procedures of GST at a glance
•    Ready reference appendices to important notifications, accounting entries, guidance notes on audit etc.
•    Extensive discussion on professional approach to GST audit using the internal control questionnaire and sample audit program
•    Covering important tools and techniques for optimization of tax, ITC etc to avoid future disputes

About the authors

CA Madhukar N Hiregange, [B.Com., FCA, DISA, Passed CISA]

Chartered Accountant is a senior Partner Hiregange & Associates. Jointly Authored 18 books on Central Excise, Service Tax, Karnataka VAT and Excise/Service Tax audit. IDT – IPCC Study Material, Central Sales Tax. GST – A Primer - 2 Editions, GST Classification & Exemption 2017 and Compendium of Issues and Solutions in GST– March 2018. He has been active in spreading awareness through seminars, articles, pdicai. org, linked in, facebook, youtube, caclubindia.com & hiregangeacademy.com.

A Central Council Member of the Institute of Chartered Accountants of India for the term 2010-13 & 2106-19 with a vision to enhance the credibility of the profession, strengthen the professional in practice and employment. Chairman Indirect Tax Committee for the year 2012 and term 2016-19 with the privilege of leading a wonderful, contributing team for 4 years.

Involved in efforts to make the Indirect Tax laws in India simple, certain and fair and creating an awareness of the potential of knowledge of Indirect Taxes in India. Managing Trustee – Empower Education Foundation. Interested in education of lesser privileged. Believes in “Value Based Practice and Life”.

Shri B.S.V. Murthy, [Bachelor in Science, LL.B, IRS (Retd)]

After graduation, Sri B S V Murthy joined Indian Revenue Service in 1979. During his career, he was part of the Project steering committee for development of risk management system in Customs and part of committees set up for considering refund system, staffing in Central Excise etc.; part of the team which developed an audit manual in collaboration with Revenue Canada; part of the Indian delegation to Sri Lanka and Nepal. He received Presidential award for distinguished service record in the year 2005. During his career he got exposure to all areas of indirect taxes and for 7 years from 2008, he was member of the Customs, Excise and Service Tax Appellate Tribunal and retired from service in 2015. He continues to be active after retirement.

CA Mahadev. R, [B.Com., FCA]

He is a qualified chartered accountant qualified in the year 2011. He is a partner with a leading indirect tax practice firm in Bangalore. He has advised clients across different manufacturing and service industries on various issues under indirect taxes including reviews under GST for ensuring better compliance.

He has assisted authors of books like Central Excise Made Simple, Practical guide to Service tax in the past. He has co-authored a book ‘Goods and Service Tax’ published by Himalaya Publishing house for B.com students. An active contributor of articles to Karnataka State Chartered Accountants Association (KSCAA) journal, GST Law Times etc.

CA Ravi Kumar Somani, [B.Com., ACA]

Chartered Accountant and Partner in Hiregange & Associates handling the Pune Branch office. He has performed indirect tax reviews across varied sectors and has guided clients on contracts structuring, workable business models, transactional structuring, developing systems and processes for compliance under Indirect Taxes.
He has authored a book on Indirect Taxes ‘Self study guide to Indirect Taxes’ published by Asia Law House. He is a faculty at ICAI and has given lectures at various other professional forums on Service Tax and GST. He is an active contributor of articles in GST Law Times, MCCIA, Newsletter of Pune Branch of ICAI and on other professional forums.

Technical Reviewer

Yogesh Virmani is a Chartered Accountant and a Commerce Graduate. Yogesh is presently working in PricewaterhouseCoopers Pvt. Ltd. (PwC) as a Director. Yogesh has over 11 years of experience in the field of indirect taxation. Yogesh has been actively involved in advising holistic and business oriented solutions to corporates from an indirect tax perspective. He frequently interacts with various Tax authorities on matters relating to indirect taxation.

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