The Institute of Chartered Accountants of India on August 2, 2019, decided to enforce an innovative obligatory concept that will generate Unique Document Identification Number (UDIN) for all kinds of certificates, GST and tax audit reports. This measure has been taken to protect the interest of regulators, banks, stakeholders etc. against the malpractice of false certification and attestation and to restrain the practice of fraudulent or forged certificates.
With this, the Institute has directed all of its members in practice to mandatorily generate an UDIN for all kinds of certification, assurance and attestation undertaken by them, from the following dates:
- For all Certificates w.e.f. 1st February, 2019.
- For all GST and Tax Audit Reports w.e.f. 1st April, 2019.
- For all other Audit, Assurance and Attestation functions w.e.f. 1st July, 2019.
Further, the members will be notified of various announcements on the concept through the website of the Institute www.icai.org.
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