How to make Final assessment in excise? what are all the documents i should enclose with the final assessment papers to submit the excise department?
Final assessment - excise
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Central Excise: No Formal Assessment, Submit Details When Requested; Issues Prompt Show Cause Notice. A user inquired about the process for final assessment in central excise and the necessary documents to submit to the excise department. The response clarified that there is no formal assessment system in central excise similar to income tax. Instead, the department may request details and information related to returns and activities. If any issues arise, a show cause notice is issued. It is advised to provide all required details and documents when requested by the department or audit team. (AI Summary)