Question ID : 36941

GST Audit of Branch of a Private Limited Company

As per provision of section 35 (5) of CGST Act, every registered person whose turnover exceeds prescribed limit has to get his accounts audited by CA or CWA. I have following questions: 1) if accounts of the company as a whole is already audited and submitted to company registrar say on 11.09.2018, last date of filing audited accounts and annual return on gst portal is 31.03.2019, GST auditor of branch of the company and company auditor are different persons/firms and appointment of gst auditor is after 11.09.2018, then is it necessary for auditing branch accounts again by branch GST auditor or it is sufficient to prepare GSTR 9C with certificate by branch gst auditor? 2) If company audited accounts are sufficient compliance of section 35(5), then what is the meaning of " submitting audited accounts with gst annual return" in case of branch gst annaul return filing as it is distinct person, i.e. separate accounts is to be prepared for branch and get it attested by company auditor or uploading company audited accounts? 3) As per companies act, 2013, only CA can do audit then conducting audit by CWA is against companies act?

posted by PRIYANK NAGORI on Jan 22 2019 12:00AM