GST Field Officer Visit | GST Officer आपसे क्या क्या माँग सकता है ? #gst #tax

Summary

In this video, the speaker explains the essential steps to follow after completing GST registration, focusing on what to do if a GST officer visits your registered premises. It covers the documents you need to maintain, including sales and purchase invoices, payment challans, and proof of office location. The video also highlights potential penalties for missing details like displaying the GST number and certificate. Viewers are advised to stay calm and maintain accurate records to avoid fines and complications. The speaker reassures that with proper documentation, there's no need to fear inspections.

Takeaways

• 😀 GST officers can visit your registered premises at any time, even if your registration is years old.
• 😀 You are required to display your GST number and certificate clearly at your premises to avoid a ₹25,000 penalty.
• 😀 The GST officer visits between 10 AM and 5 PM. You can refuse visits outside of these working hours.
• 😀 Maintain records of all sales and purchase invoices, as well as payment challans for GST compliance.
• 😀 Your rental agreement and office utility bills must be up-to-date; outdated documents may lead to penalties.
• 😀 The GST officer has the right to inspect and verify your stock to ensure it matches your records, and discrepancies can result in penalties.
• 😀 Ensure all business locations, including warehouses, are updated in the GST portal under 'Additional Place of Business' to avoid penalties.
• 😀 If the GST officer finds any discrepancies, they will issue a penalty order, but the penalty is not collected immediately. You will have time to explain or correct the issue.
• 😀 Keep your GST records well-maintained and organized, as failure to do so can attract hefty penalties during an officer’s visit.
• 😀 Do not panic during a GST officer’s visit. As long as your records are in order, you should not face any issues.
• 😀 Subscribe to the channel for more updates on GST compliance and tips to avoid penalties.

Q & A

What should I do if a GST officer visits my registered premises?

You should stay calm and not panic. The GST officer's visit is a standard procedure, and it is important to ensure that you have all the required documents and records ready for inspection.

Can a GST officer visit my premises even after a long period of registration?

Yes, the GST officer can visit your registered premises at any time, regardless of whether your registration is one, two, or five years old.

What are the working hours during which a GST officer can visit my premises?

The GST officer can visit your premises only between 10 AM and 5 PM on weekdays. If they contact you outside of these hours, you have the right to refuse the visit.

What is required to display at the registered office after obtaining GST registration?

You must display your GST number and GST certificate at the entrance of your registered office. Failure to do so can lead to a penalty of Rs. 25,000.

What documents does a GST officer expect to see during a post-registration visit?

The GST officer will expect to see documents like your sales invoices, purchase invoices, payment challans, and the proof of your registered office (e.g., lease agreement, electricity bill).

Do I need to maintain purchase invoices if I am a composition dealer?

Yes, even as a composition dealer, you are required to maintain purchase invoices, as the GST officer may request them during an inspection.

Can the GST officer inspect my stock during a visit?

Yes, the GST officer can inspect your stock and verify it against your purchase and sales records. They will check if the stock matches the quantity mentioned in your GST returns.

What happens if the stock count doesn't match the records during a GST inspection?

If the stock count is less than the expected quantity, the officer may question the discrepancies and suspect that sales were hidden or GST returns were filed incorrectly.

What should I do if my warehouse or additional place of business is separate from my shop?

You must update the address of the additional place of business on the GST portal. Failing to do so can result in penalties during a visit from the GST officer.

Can the GST officer immediately collect the penalty during the visit?

No, the GST officer cannot collect the penalty during the visit. If a penalty is levied, it will be issued as an order or notice through the GST portal, and you will be given a period (usually 7-15 days) to respond or pay.