Rule 102 of the CGST Rules, 2017.

Rule 102 of the CGST Rules 2017 outlines the provisions for special audits of GST taxpayers, allowing authorities to conduct audits when discrepancies in returns or records are suspected.

A special audit can be initiated under Rule 102 when the tax authorities believe that the value of taxable supplies, input tax credit, or other particulars are not correctly declared.

The special audit can be conducted by a Chartered Accountant or a Cost Accountant nominated by the tax authorities under Rule 102 of the CGST Rules 2017.

The special audit must be completed within 90 days from the date of the order, although this period can be extended for a further period of 90 days, if necessary.

Yes, Rule 102 prescribes a detailed procedure, including the issuance of a notice, submission of documents by the taxpayer, and the requirement to comply with audit requests.

The implications of a special audit can include adjustments in tax liabilities, penalties, or further investigations if discrepancies are found during the audit.

Yes, taxpayers have the right to appeal the findings of a special audit as per the provisions outlined in the GST Act, post the issuance of the audit report.

Taxpayers are required to maintain accurate records of all transactions, input tax credits claimed, and any other relevant documentation that may be required during the special audit.

A special audit is typically more focused and intensive, initiated based on specific concerns, whereas a regular audit is part of the routine compliance process for GST taxpayers.

Taxpayers should ensure all records are organized, accurate, and readily available, review their tax declarations for discrepancies, and consult with professionals if necessary to facilitate the audit process.