https://www.taxtmi.com/notifications?id=18630 A new special audit mechanism empowers the Chief Commissioner of Customs to direct manufacturers to have accounts of warehouses, offices, stores, factories or other establishments audited by a nominated Cost Accountant, who must submit a signed report within the specified period. Audit expenses, including remuneration, are determined by the Chief Commissioner and payable by the manufacturer and, if unpaid, recoverable under the Customs Act. The manufacturer must be given a copy of the audit report and may make representations. "Cost Accountant" is defined by reference to the Cost and Works Accountants Act. en-us Thu, 02 Jul 1998 00:00:00 +0530 Sat, 01 Aug 2009 15:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=18630 A new special audit mechanism empowers the Chief Commissioner of Customs to direct manufacturers to have accounts of warehouses, offices, stores, factories or other establishments audited by a nominated Cost Accountant, who must submit a signed report within the specified period. Audit expenses, including remuneration, are determined by the Chief Commissioner and payable by the manufacturer and, if unpaid, recoverable under the Customs Act. The manufacturer must be given a copy of the audit report and may make representations. "Cost Accountant" is defined by reference to the Cost and Works Accountants Act. Notifications Customs Thu, 02 Jul 1998 00:00:00 +0530 https://www.taxtmi.com/notifications?id=18630