https://www.taxtmi.com/acts?id=25517 A special audit can be ordered by an officer not below Deputy Commissioner with Commissioner's prior approval when declared value or input tax credit appears incorrect or abnormal; a Commissioner nominated chartered or cost accountant must submit a signed audit report within ninety days, extendable once for ninety days. The audit regime applies despite other audits, requires that the registered person be heard before audit-derived material is used in proceedings, and mandates that the Commissioner determine and pay the auditor's expenses. Detection of unpaid, short paid, erroneously refunded tax or wrongly availed/ utilised input tax credit may lead the proper officer to initiate assessment or recovery action. en-us Mon, 12 Jun 2017 11:27:28 +0530 Wed, 28 Jun 2017 15:22:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=25517 A special audit can be ordered by an officer not below Deputy Commissioner with Commissioner's prior approval when declared value or input tax credit appears incorrect or abnormal; a Commissioner nominated chartered or cost accountant must submit a signed audit report within ninety days, extendable once for ninety days. The audit regime applies despite other audits, requires that the registered person be heard before audit-derived material is used in proceedings, and mandates that the Commissioner determine and pay the auditor's expenses. Detection of unpaid, short paid, erroneously refunded tax or wrongly availed/ utilised input tax credit may lead the proper officer to initiate assessment or recovery action. Act-Rules GST - States Mon, 12 Jun 2017 11:27:28 +0530 https://www.taxtmi.com/acts?id=25517