Central excise service tax audit manual

 · The manual covers subjects that are related to principles, policies and special issues pertaining to conduct audit of Central Excise and Service Tax assessees and taxpayers. The manual does not deal with legal interpretations and rulings on . of audits conducted under the Central Excise Act, , the Finance Act, and the Rules made there under. Guidelines provided herein are intended to ensure that the audits of Central Excise and Service Tax assessees and taxpayers are carried out in a uniform, efficient and comprehensive manner, adhering to the stipulated principles and policies. Coordinated and integrated audit covering two or more duties/taxes for assessee/taxpayer i.e. Central Excise, Service Tax and Customs (OSPCA) having common PAN shall be carried out instead of individual audit for each tax separately, operation of which is .

The manual covers subjects that are related to principles, policies and special issues pertaining to conduct audit of Central Excise and Service Tax assessees and taxpayers. The manual does not deal with legal interpretations and rulings on Central Excise and Service Tax matters. The manual does not contain answers to all the problems that may arise in the day-to-day audit work. In such cases, the auditor has to apply his mind, keeping in view the spirit of the principles and. Organisation Structure of Directorate General of Audit: 3: Computer Assisted Audit Program Manual 4: Manual For Customs Post Clearance Audit: 5 Manual for Quality Assurance Review 6 Amendment to Manual for Quality Assurance Review 7: Integrated Central Excise and Service Tax Audit Manual (CESTAM). There are no special provisions governing payment of service tax by these units either. CENTRAL EXCISE: Section 3 of the Central Excise Act makes a special dispensation for EOUs and provides that goods manufactured in such units are liable to excise duty equivalent to the aggregate of all customs duties, when cleared into domestic tariff area (DTA). They are also eligible for a number of exemptions both from customs and excise duties.

As the old adage goes, taxes are a fact of life. And the more we know about them as adults the easier our finances become. There are many things to learn to become an expert (this is why we have accountants), but the essentials actually are. If the IRS does decide to audit you, there is little you may do to stop it. You may reduce the odds that you will be singled out for that extra attention. While audits are rare, most Americans would probably like to avoid them altogether. T. Taxes may not be the most exciting financial topic, but they’re definitely important. In the United States, federal and state governments need money to provide certain services and benefits that we wouldn’t otherwise have access to, from So.