Removal of GST audit requirement puts pressure on Indian taxpayers

Alice Jones

February 03 2021

The removed audit requirement should streamline the GST process for taxpayers but introduces increased risk.

Multinational enterprises (MNEs) in India should invest in tax technology to avoid errors in their goods and services tax (GST) reporting that could lead to disputes, as self-certification replaces the mandate for external audits and reconciliation statements.

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Alice Jones

Commercial Editor ITR

Alice is an editor of commercial content across Euromoney brands including International Tax Review (ITR), Managing IP (MIP), and International Financial Law Review (IFLR). She joined the commercial team in March 2022 after working as a journalist for ITR.

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