GST AUDIT CHECKLIST
Prepare for a departmental, internal or GSTR-9C-based GST review with this reconciliation checklist.
Registration & Basics
- ☐ GSTIN details verified for each registered state
- ☐ Principal and additional places of business updated
- ☐ HSN / SAC codes correctly mapped to supplies
- ☐ Correct tax rates applied on all invoices
Returns & Reconciliation
- ☐ GSTR-1 vs books turnover reconciled
- ☐ GSTR-3B vs GSTR-1 tax liability reconciled
- ☐ GSTR-3B vs books output tax reconciled
- ☐ Annual turnover vs GSTR-9 reconciled
- ☐ GSTR-9C reconciliation statement prepared, if applicable
Input Tax Credit (ITC)
- ☐ ITC claimed vs GSTR-2B matched invoice-wise
- ☐ Ineligible / blocked ITC (Section 17(5)) reversed
- ☐ ITC reversal for exempt supplies (Rule 42/43) computed
- ☐ Vendor payment within 180 days verified for ITC
Invoicing & Documents
- ☐ Tax invoices contain all mandatory particulars
- ☐ E-invoice (IRN) generated where turnover threshold applies
- ☐ E-way bills matched with outward supplies
- ☐ Credit / debit notes properly recorded and reported
Payments & Records
- ☐ RCM liability identified and paid
- ☐ Interest and late fees on delayed payments computed
- ☐ Electronic cash / credit ledger balances tallied
- ☐ Records preserved for prescribed retention period
Note: Document each reconciliation difference with reasons; voluntary payment through DRC-03 before audit reduces interest and penalty exposure.