Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Excise and Service Tax audit by CERA

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Dear expert We have just received the letter from CERA audit Team for excise and service tax audit for last Three years. They have marked letter to our Excise Jurisdictional office and marked CC to us. From last 7-8 years there was no CERA audit conducted by department Please go through below link about discussion on the subject matter. https://www.taxmanagementindia.com/web/View_discussions_ .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... detail.asp?ID=107253 kw=time-period-cera-audit Search_text=cera%20audit Please let me know whether can they do the audit legally? - Reply By Ganeshan Kalyani - The Reply = Sir, the experts have discussed at length covering all aspects in the issue id referred by you. Thanks. - Reply By KASTURI SETHI - The Reply = Audit will continue legally. Do not be victim of of 'the trap of words' .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... . It is seen often High Court of any State strikes down CE Rules or Service Tax Rules. In spite of that the department continues as per law (Before being struck down) and thereafter, remedial measures are taken retrospectively. So get your audit conducted as usual. You will not get anything by challenging such letters of audit. No confrontation with the department is advised. This is practica .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... l advice. Rest decision is yours. - Reply By Ganeshan Kalyani - The Reply = Sir, during one of the audit I involved in, I observed that when assessee takes time in submitting the documents then the Auditor suspects the act of the assessee and as such the auditor insist to produce that document first. Therefore it is better not to create any such image by objecting audit unles .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... s out of law. Thanks. - Excise and Service Tax audit by CERA - Query Started By: - Yatin Bhopi Dated:- 15-7-2016 Central Excise - Got 3 Replies - Central Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates