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of <h1>Finance Ministry Sets Guidelines for Scrutinizing 2-5% of Central Excise Returns Based on Risk; Exempts Audited Assessees.</h1> The circular from the Ministry of Finance outlines guidelines for the detailed scrutiny of Central Excise returns. It mandates that proper officers conduct detailed scrutiny of 2% to 5% of monthly returns based on risk parameters. Assessees selected for audit in a financial year are exempt from detailed scrutiny, and once scrutinized, an assessee's return is not selected again for 12 months. The most recent return should be used for scrutiny, and necessary documents may be requested. In composite ranges, the scrutiny ratio for Service Tax and Central Excise returns should reflect the number of registered assessees. Past conflicting instructions are rescinded.
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