Introduction of Selective Audit - Instructions regarding

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ject and to say that the following instructions should be followed:- 2. The system of internal audit by the Central Excise Officers has been modified so as to introduce a new system of Selective Audit. Henceforth, the following guidelines shall be followed :- 2.1 (i) Selective Audit of duty paying units other than those in SSI sector and medium scale units will ordinarily be conducted by Audit .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... mparison to the duty paid during corresponding period of the previous year, without apparent convincing reasons could be subject to a stricter scrutiny. (c) Special Marketing pattern adopted by an assessee: Significant differences and anomalies in prices at factory gate, depots, and at retail outlets could be indicative of an unjust study of the valuation aspect. (d) Types of discount giv .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... rowth of revenue etc. SSI units should be visited only on written permission of an officer not below the rank of Assistant Commissioner. Chef Commissioner may decide industry-wise/ sectoral Audit of such units on the basis of list of sensitive commodities as may be identified by the Director General, Anti Evasion. 2.3 Where any units produces both dutiable and exempted goods, it should also be s .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... tness of valuation and assessment in general. 6. Audit parties should suitable endorse the relevant documents and records scrutinised in token of audit: 7. Composition of Audit Parties:- The composition of the Audit Parties should be as per guidelines laid down in the audit Manual. However, in view of the availability of a larger number of Superintendents w.e.f. 1.10.96 the composition of .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... icular unit or particular commodity, a different schedula, keeping in mind the local requirements. 9. The existing arrangements in the Commissionerate Headquarters/ Divisional Headquarters for examining classification, valuation and MODVAT aspects be strengthened. 10. Ranges should, as far as possible, located within the Industrial Estates both for facilitation of the assessees and for prevent .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X