Central Excise and Service Tax Audit norms to be followed by the Audit Commissionerates

Central Excise and Service Tax Audit norms to be followed by the Audit Commissionerates–reg. https://www.taxtmi.com/circulars?id=53234 Audit Commissionerates must adopt a risk-based selection approach and jurisdiction-specific categorisation of assessees into Large, Medium and Small; publish an Annual Plan by 31 May for the 1 July-30 June year calibrated to available manpower; follow prescribed team compositions and indicative audit durations per category; coordinate with the Directorate General of Audit for risk methodology, categorisation thresholds and periodic review; conduct theme-based coordinated audits as directed; coordinate audits of multi-locational units at zonal level; consider accreditation to defer audit periodicity; and apply special LTU audit norms. en-us Fri, 27 Feb 2015 00:00:00 +0530 Fri, 27 Feb 2015 16:38:00 +0530 TaxTMI RSS Generator Central Excise and Service Tax Audit norms to be followed by the Audit Commissionerates–reg. https://www.taxtmi.com/circulars?id=53234 Audit Commissionerates must adopt a risk-based selection approach and jurisdiction-specific categorisation of assessees into Large, Medium and Small; publish an Annual Plan by 31 May for the 1 July-30 June year calibrated to available manpower; follow prescribed team compositions and indicative audit durations per category; coordinate with the Directorate General of Audit for risk methodology, categorisation thresholds and periodic review; conduct theme-based coordinated audits as directed; coordinate audits of multi-locational units at zonal level; consider accreditation to defer audit periodicity; and apply special LTU audit norms. Circulars Central Excise Fri, 27 Feb 2015 00:00:00 +0530 https://www.taxtmi.com/circulars?id=53234