Tentative Areas of Coverage :
• Nature of business
• Revenue or Sales
• Review of contracts, purchase order, etc.,
• Exemptions, Abatements, concessions, compositions
• Review of Advances
• Returns policy
• Discounts and treatment in financials v/s GST
• Notional Supplies – Free Samples, Warranty
• Stock transfers
• Interunit recoveries v/s. GST impact
• Various modes of business
• Long Lease
• Works contract
• Sale from Job worker’s premises
• Supply of service to branches
• Areas of Process
• Job work
• Procurement of goods/services
• Invoice verification
• Treatment of returns
• Deficiency in service
• RCM
• Regular heads
• Unregistered purchase tax
• 1 year credits
• Payments to vendors v/s availment of credit
• Personal expenses
• Operational/Administrative
• Financial Statement review
• Impact of notes on accounts on GST
• Review of employee benefit v/s treatment under GST
• Review of refund / rebate claims
• Returns
• Reco with financials
• Transitional Provisions
• Carry forward of credits
• Earlier liability v/s GST Liability
• Review of Agreement / contracts
• Disputes under earlier law and its impact
• Review of credits- impact earlier law v/s. GST