A Study on Tax Audit under GST (Goods and Services Tax)

Abstract

The implementation of GST just happened few years ago. At the initial stage the taxpayers were not much aware about the GST tax audit. It had become the duty of the auditor to educate their taxpayers about the rules and regulations of GST tax audit. The Chartered Accountant and Cost Accountant had to verify each and every documents of their taxpayer before filing the returns. The purpose of this study was to find out the impact of GST tax audit on taxpayers. This paper titled as “A Study on Tax Audit Under GST (Goods and Services Tax)”. Both primary data and secondary data is been used for this study. Primary data is been conducted through questionnaire. Totally 123 responses has been collected from the respondents and secondary data obtained from journals, websites, articles, research papers. After analyzing the responses received from the respondents. By using SPSS statistical tools few tests have been conducted. Tests like Reliability Analysis, Linear Regression, Descriptive Statistics, Factor Analysis and Frequencies is been done. The summary of the responses obtained from respondents is been depicted through Pie Chart in the report.