TaxTMI 
TaxTMI 
EA - 2000 AUDIT QUARY
06 Jan 2011 
1 Reply 
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EPCG export obligation: Excise may request full EPCG documentation though enforcement of obligations rests with trade and customs.
EPCG licences are administered by external trade and customs authorities while Excise is limited to verifying the Installation Certificate; however Excise may demand and scrutinise all EPCG-related documents, including export performance and EODC, and because export obligations plus post EODC recordkeeping create an extended retention horizon, EPCG records are not subject to the ordinary short audit time bar and should be produced when lawfully requested. (AI Summary)
EPCG licences are administered by external trade and customs authorities while Excise is limited to verifying the Installation Certificate; however Excise may demand and scrutinise all EPCG-related documents, including export performance and EODC, and because export obligations plus post EODC recordkeeping create an extended retention horizon, EPCG records are not subject to the ordinary short audit time bar and should be produced when lawfully requested. (AI Summary)
R/sir, Now a days EA-2000 Audit continue , Auditor ask all EPCG realate documents with istallation certificate from factory start to till date . He ask details about EPCG OBLIGATION complete or not with each machinery wise & also ask EODC Certificate and all export details from factory start to till date against EPCG . Our unit complet audit up to Sept 2009 & Audit report recd clear. Is auditor ask all past details for EPCG related ? Please give suggestion for above issue . Regards, SNEHAL SHAH