J&K ICAI organises seminar on Audit & Amendments in GST Act

Excelsior Correspondent
JAMMU, Aug 10: J&K Branch of NIRC of the Institute of Chartered Accountants of India organised a seminar on GST Audit, Latest amendments in Form 3CD, Input Tax Credit & Finalisation of Books of Accounts under GST.
CA,  Atul Gupta and CA Rohit Vaswani deliberated at length on the topics of GST Audit & recent amendments made by Income Tax department  in Form 3CD regarding GST Information, Input Tax Credit & Finalisation of Books of Accounts, various reconciliation Statements in draft GST audit Report etc & apprised the members with their extensive and detailed knowledge of the relevant topics. The guest speakers also addressed the queries & issues of   Chartered Accountants with regard to their respective subject matters especially on GST Audit.
CA, Ajay Gupta, Chairman of the branch welcomed the guests and the members, gave a brief introduction regarding why GST Audit is important as it is a trust based  taxation regime wherein the registered dealer is required self assess his returns & determine tax liability.
CA, Anish Abrol, Secretary of the Branch while delivering the inaugural address, introduced the guests and CA, Shalay Razdan, vice chairman of the branch presented the formal vote of thanks.
Executive Committee Member, CA, Ashwani Khajuria & CA, Sudhir Arora  were  also present  along with number of members & students.