Check points by the Auditor:–
* Whether ISD Registration is obtained
* Whether multiple ISD registrations are obtained
* Whether ITC has been distributed properly by ISD
* Manner of distribution of Common Services
* Whether RCM is paid under ISD Registration
* Whether ISD Invoices are raised under GST
* Whether monthly returns under ISD filed as GSTR-6
* Ratio of distribution under ISD
* Distribution of the eligible and Ineligible ITC under Section 17(5) of CGST Act, 2017
* Accounting entries in case of ISD ITC Transferred
* ITC cannot be transferred more than ITC Availed
Annual return.
(1) Every registered person, other than an Input Service Distributor, a person paying tax under section 51 or section 52, a casual taxable person and a non-resident taxable person, shall furnish an annual return for every financial year electronically in such form and manner as may be prescribed on or before the thirty-first day of December following the end of such financial year.
(2) Every registered person who is required to get his accounts audited in accordance with the provisions of sub-section (5) of section 35 shall furnish, electronically, the annual return under sub-section (1) along with a copy of the audited annual accounts and a reconciliation statement, reconciling the value of supplies declared in the return furnished for the financial year with the audited annual financial statement, and such other particulars as may be prescribed.