It is important for the taxpayers to get more clarity from the concerned tax authority. The experts can guide businesses and help them to take the right approach moving forward.
Also, some taxpayers think that streamlining the tax workflow with technology can help in such a situation. Incorporating practices and systems powered by automation can surely help the taxpayers.
For instance, Cygnet Infotech’s Audit tool helps businesses of all sizes to ensure that they have appropriately complied with the law before self-certifying the GST audit report.
It helps cover the entire data and provide the required validation to endorse the audit results and give the required conviction to certify the report. Audit Tool offers a 6-way reconciliation with sales register/purchase register/general ledger/GSTR 2A or 2B data It ensures that 100% of the transactions are reconciled before certifying the audit report.