GST Audit removal by Budget 2021 will not have impact for FY 2019-20: CBIC replied to a query.

It is to be noted that 28th Feb 2021 is the last date for GST Audit for FY 2019-20. Union budget was presented on 01st Feb 2021, wherein an amendment to section 35 & 44 of CGST Act has been made to remove the requirement of GST Audit from a date to be notified later. In this context, taxpayers had doubts regarding its applicability for FY 2019-20. CBIC clarified this doubt in response to a query that existing provisions shall continue for FY 2019-20.

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