https://www.taxtmi.com/notifications?id=24377 Regulations require On-site Post Clearance Audit at importer/exporter premises including examination of import/export records, books of account and, where necessary, inspection and sampling of goods. Importers and exporters must retain relevant documents for five years, provide truthful information and assist proper officers. Proper officers must give at least fifteen days notice, may obtain prior information, visit premises, take samples in presence of the person and must inform of objections before preparing a draft audit report; voluntary payments of duty may be recorded and non-compliance attracts a specified penalty. en-us Tue, 04 Oct 2011 00:00:00 +0530 Mon, 07 May 2012 12:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=24377 Regulations require On-site Post Clearance Audit at importer/exporter premises including examination of import/export records, books of account and, where necessary, inspection and sampling of goods. Importers and exporters must retain relevant documents for five years, provide truthful information and assist proper officers. Proper officers must give at least fifteen days notice, may obtain prior information, visit premises, take samples in presence of the person and must inform of objections before preparing a draft audit report; voluntary payments of duty may be recorded and non-compliance attracts a specified penalty. Notifications Customs Tue, 04 Oct 2011 00:00:00 +0530 https://www.taxtmi.com/notifications?id=24377