• India Inc is set to face first ever tax audit under the goods and services tax. • The taxman has started issuingGST audit notices to taxpayers for the first year of the roll-out, i.e. GST FY17-18. • Tax authorities have issued notices seeking audit of accounts and records from July 2017 till March 2018, the first year of GST implementation. India had rolled out GST, subsuming multiple state and central taxes, from July 1, 2017. • This audit drive will happen throughout the country during January and February 2020, post which a detailed field-wise report will be submitted to the centre, highlighting weeding out of tax evaders and fake refunds and credit claimants. • Department has summoned the taxpayers to come with detailed records and with an immediate appearance in person. These documents according to the notices include several GST forms, input service invoices, electronic cash/credit ledger, business agreements of sales and purchase, etc. • This step is expected to create some inconvenience to the tax payers. However, it can prove extremely beneficial in the larger scheme of things.