Audit frequency: selective audits of small and medium units limited to biennial inspections; prior notice required. Selective audit procedures limit audits of small scale and medium scale units to once in two years, while large scale units continue to be audited annually; audits must be preceded by one week's prior notice. Selection focuses on evasion prone commodities, costly raw materials usage, and negative revenue growth, with visits to SSI units requiring written permission of an officer not below the rank of Assistant Commissioner and Chief Commissioners empowered to order industry wise audits based on sensitive commodities identified by the Director General, Anti Evasion.
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Audit frequency: selective audits of small and medium units limited to biennial inspections; prior notice required.
Selective audit procedures limit audits of small scale and medium scale units to once in two years, while large scale units continue to be audited annually; audits must be preceded by one week's prior notice. Selection focuses on evasion prone commodities, costly raw materials usage, and negative revenue growth, with visits to SSI units requiring written permission of an officer not below the rank of Assistant Commissioner and Chief Commissioners empowered to order industry wise audits based on sensitive commodities identified by the Director General, Anti Evasion.
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