Record access obligation requires assessees and dealers to produce specified records and audit reports to authorized auditors. The amendment updates the Central Excise Rules, 2002 by deleting a reference to section 11AB in rule 7(4), substituting a reference to the CENVAT Credit Rules, 2004 in rule 11's Explanation, and replacing rule 22(3) to require every assessee and first- and second-stage dealer, on demand, to make available records maintained under rule 22(2), cost audit reports under section 233B of the Companies Act, and income-tax audit reports under section 44AB of the Income-tax Act to authorized officers, deputed audit parties, the Comptroller and Auditor-General, or nominated cost/chartered accountants within specified time limits.
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Provisions expressly mentioned in the judgment/order text.
Record access obligation requires assessees and dealers to produce specified records and audit reports to authorized auditors.
The amendment updates the Central Excise Rules, 2002 by deleting a reference to section 11AB in rule 7(4), substituting a reference to the CENVAT Credit Rules, 2004 in rule 11's Explanation, and replacing rule 22(3) to require every assessee and first- and second-stage dealer, on demand, to make available records maintained under rule 22(2), cost audit reports under section 233B of the Companies Act, and income-tax audit reports under section 44AB of the Income-tax Act to authorized officers, deputed audit parties, the Comptroller and Auditor-General, or nominated cost/chartered accountants within specified time limits.
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