GST Audit Updates

For FY 2025-26, the GST audit requirement focuses on self-certified GSTR-9C reconciliation statements for taxpayers with an annual turnover exceeding ₹5 crores. Mandatory statutory audit by professionals (CA/CMA) is removed. Key 2026 updates include hard validations for negative liability/ECRS on the portal, an Invoice Management System (IMS) for import of goods, and stricter, automated departmental audits.

No Mandatory CA Audit: The requirement for a CA/CMA-certified audit under Section 35(5) has been removed, replaced by self-certification.

Recent updates require accurate reporting and proper documentation.