https://www.taxtmi.com/circulars?id=53132 An amendment to the rule-making power under section 94 authorises imposition of duties to furnish information, maintain records and prescribe their verification; invoking that power, the Government inserted rule 5A(2) to permit scrutiny of assessee records by an audit party deputed by the Commissioner. The circular treats statutory "verification" as encompassing departmental audit to verify self-assessed service tax liabilities, distinguishes an earlier judicial invalidation by reference to the new statutory backing, and directs officers to carry out audits per departmental instructions. en-us Wed, 10 Dec 2014 00:00:00 +0530 Wed, 10 Dec 2014 17:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=53132 An amendment to the rule-making power under section 94 authorises imposition of duties to furnish information, maintain records and prescribe their verification; invoking that power, the Government inserted rule 5A(2) to permit scrutiny of assessee records by an audit party deputed by the Commissioner. The circular treats statutory "verification" as encompassing departmental audit to verify self-assessed service tax liabilities, distinguishes an earlier judicial invalidation by reference to the new statutory backing, and directs officers to carry out audits per departmental instructions. Circulars Service Tax Wed, 10 Dec 2014 00:00:00 +0530 https://www.taxtmi.com/circulars?id=53132