1. Who is required to undergo a GST audit? Registered individuals who exceed a turnover threshold of INR 2 crore during a financial year need to undergo GST audit. 2. What documents are needed for a GST audit? Here are some of the documents required for GST audit: Balance sheets Trial balance for the particular GSTIN Income tax audit report Statutory auditor’s report Cost audit report GST returns 3. What is the process for a GST audit? To conduct a GST audit, you need to hire a chartered accountant and show him your books. He will audit the data and prepare a report on the findings. 4. How can BC Shetty Co. assist with GST audits? You can rely on the chartered accountants at BC Shetty & Co. to conduct the GST audit on your behalf. They will carefully go through your accounts and come up with detailed findings on the same. 5. What services does BC Shetty Co. offer for GST audits? The auditors at BC Shetty & Co. will review the classification of goods and services as per the HSN system. They will also review the outward liability on a monthly basis to match the GST returns filed. 6. How can I contact BC Shetty Co. for assistance with GST audits? You can drop a mail to shivashankara@bcshettyco.com or contact us at 08023443636. 7. What services do Chartered Accountants in Hyderabad provide? They provide accounting, audit, taxation, GST, compliance, and business advisory services. 8. Why should businesses hire a CA in Hyderabad? A CA can help businesses manage finances, meet tax requirements, and maintain regulatory compliance. 9. Can Chartered Accountants help with GST compliance? Yes. They can assist with GST registration, returns, compliance, and related advisory services. 10. Do startups in Hyderabad need CA services? Yes. CA services can help startups with accounting, taxation, compliance, and financial planning. 11. How can a CA firm support growing businesses? A CA firm can provide ongoing accounting, audit, tax, compliance, and financial advisory support as the business grows.