Reliable GST Audit Services with OSBS Accounting Solutions Private Limited
Goods and Services Tax (GST) audits are crucial to ensure the accuracy of GST filings, detect non-compliance, and maintain transparency in financial reporting. A GST audit helps businesses stay aligned with statutory requirements and avoid penalties by reviewing GST returns, records, and compliance procedures.
At OSBS Accounting Solutions Private Limited, we provide meticulous GST audit services that ensure your business remains compliant with GST laws, avoids legal complications, and maintains financial accuracy.
Why GST Audit is Important?
Regulatory Compliance: Ensures adherence to the provisions of GST law and mitigates risks of penalties or notices.
Error Identification: Detects mismatches and errors in GST filings and input tax credit (ITC) claims.
Fraud Prevention: Helps in early detection of suspicious entries and transactions that may lead to tax evasion.
Financial Transparency: Promotes accurate tax reporting and strengthens the credibility of financial records.
Improved Internal Controls: Enhances internal accounting practices and supports better financial planning.
Key Services for GST Audit
GST Return Verification: Scrutiny of GSTR-1, GSTR-3B, GSTR-9, and other filings to ensure accuracy and consistency.
ITC Reconciliation: Reconciliation of input tax credit claimed with GSTR-2A/2B and purchase registers.
Invoice Review: Verification of sales and purchase invoices for correct tax calculation and classification.
Compliance Checks: Ensuring timely filing of returns, payment of taxes, and adherence to GST laws.
Annual Return & Reconciliation Statement (GSTR-9C): Preparation and certification as per the requirements.
Audit Reporting: Detailed reports highlighting discrepancies, compliance status, and recommendations for improvement.
Why Choose OSBS for GST Audit Services?
Experienced Professionals: Our audit team consists of GST experts and chartered accountants with vast experience in tax audits.
Comprehensive Review: We thoroughly examine all GST-related documents to ensure complete compliance.
Error-Free Reporting: Our detailed review process ensures that all records are accurate, reducing the chance of scrutiny.
Regulatory Expertise: We keep up with all changes in GST laws to ensure your audit is always compliant with current rules.
Actionable Insights: Our audit reports not only highlight issues but also offer solutions for process improvement.
How OSBS Helps with GST Audit
Return Matching & Reconciliation: We reconcile your GST returns with financials to identify mismatches and discrepancies.
Input Tax Credit Validation: We ensure that ITC is correctly claimed and supported by valid documentation.
Annual Audit Filing: We prepare and certify your GSTR-9 and GSTR-9C as per GST regulations.
Transaction Review: We assess the tax treatment of business transactions to ensure correct classification and tax rates.
Compliance Monitoring: We track due dates, filing status, and other compliance obligations for your business.
Ensure GST Compliance and Peace of Mind – Trust OSBS for GST Audit Services
Let OSBS Accounting Solutions Private Limited manage your GST audit needs with accuracy, efficiency, and compliance assurance. Ensure your GST records are flawless and your business stays tax-compliant.
