Regulation 11 - Special Audit in certain cases - Manufacture and Other Operations in Warehouse Regulations, 1966

[11. Special Audit in certain cases : (i) The 1 [Principal Chief Commissioner of Customs or Chief Commissioner of Customs, as the case may be] may, for reasons to be recorded in writing, direct a manufacturer to get the accounts of his warehouse, office, stores, godowns, factory, depot, or other establishment audited by a Cost Accountant, nominated by him in this behalf. (ii) The Cost Accountant, shall submit the audit report duly signed and certified by him within the period specified by the 1 [Principal Chief Commissioner of Customs or Chief Commissioner of Customs, as the case may be], or such extended period as may be allowed by him, to the 1 [Principal Commissioner or Commissioner as the case may be], giving therein such other information or particulars as may have been asked for by the 1 [Principal Chief Commissioner or Chief Commissioner as the case may be]. (iii) The provisions of sub-regulation (i) shall be in addition to, and not in derogation of any other law for the time being in force. (iv) The expenses of, and incidental to, such audit (including the remuneration of the Cost Accountant) shall be determined by the 1 [Principal Chief Commissioner or Chief Commissioner as the case may be] and paid by the manufacturer and in default of such payment shall be recoverable from the manufacturer in the manner provided in section 142 of the Customs Act, 1962 (52 of 1962). (v) The manufacturer shall be given a copy of the audit report conducted in pursuance of sub-regulation (1) who may make a representation, if he so likes. Explanation : For the purpose of this regulation Cost Accountant shall have the meaning assigned to it in clause (b) of sub-section (1) of section 2 of the Cost and Works Accountants Act, 1959 (23 of 1959).] ---------------- Notes:- 1. Substituted vide Not. 56/2014 - Dated 6-8-2014