Who will bear the cost of special audit?
The expenses for examination and audit including the remuneration payable to the auditor will be determined and borne by the Commissioner.
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What action the tax authorities may take after the special audit?
Based on the findings/observations of the special audit, action can be initiated under Section 73 or Section 74 of the CGST/SGST Act. Section 73: Covers determination of tax not paid or short paid or erroneously refunded or ITC availed wrongly or ...