https://www.taxtmi.com/circulars?id=55079 Implementation of an On Site Post Clearance Audit (OSPCA) permits Customs to verify self assessment of import/export declarations at the premises of importers and exporters. The scheme, enabled by Board regulations, shifts detailed verification from transaction based PCCV/PCA to periodic company level scrutiny of books, records and electronic data, requires timely production and retention of records, allows sample-taking and verification of declarations, and prescribes coordination with Central Excise and Service Tax audits for Accredited Client Programme importers. en-us Tue, 03 Jan 2012 00:00:00 +0530 Tue, 08 Nov 2016 14:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=55079 Implementation of an On Site Post Clearance Audit (OSPCA) permits Customs to verify self assessment of import/export declarations at the premises of importers and exporters. The scheme, enabled by Board regulations, shifts detailed verification from transaction based PCCV/PCA to periodic company level scrutiny of books, records and electronic data, requires timely production and retention of records, allows sample-taking and verification of declarations, and prescribes coordination with Central Excise and Service Tax audits for Accredited Client Programme importers. Circulars Customs Tue, 03 Jan 2012 00:00:00 +0530 https://www.taxtmi.com/circulars?id=55079