https://www.taxtmi.com/acts?id=25851 A registered person may be directed to have records examined by a Commissioner nominated chartered or cost accountant where an Assistant Commissioner suspects incorrect declared value or abnormal credit; the nominated accountant must submit a signed audit report within the prescribed period subject to one extension. The taxpayer has a right to be heard before material from the special audit is used against them. The Commissioner determines and pays audit expenses and remuneration, and detection of unpaid tax, short payment, erroneous refund or wrongly availed input tax credit may lead to initiation of recovery or determination proceedings. en-us Sat, 17 Jun 2017 11:50:23 +0530 Fri, 28 Jul 2017 17:28:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=25851 A registered person may be directed to have records examined by a Commissioner nominated chartered or cost accountant where an Assistant Commissioner suspects incorrect declared value or abnormal credit; the nominated accountant must submit a signed audit report within the prescribed period subject to one extension. The taxpayer has a right to be heard before material from the special audit is used against them. The Commissioner determines and pays audit expenses and remuneration, and detection of unpaid tax, short payment, erroneous refund or wrongly availed input tax credit may lead to initiation of recovery or determination proceedings. Act-Rules GST - States Sat, 17 Jun 2017 11:50:23 +0530 https://www.taxtmi.com/acts?id=25851