https://www.taxtmi.com/acts?id=28879 Special audit permits an Assistant Commissioner, with the Commissioner's prior approval, to direct a registered person to have records audited by a chartered or cost accountant nominated by the Commissioner where value declaration or credit appears incorrect; the nominated accountant must submit a certified audit report within the prescribed period, which may be extended for sufficient reason. The registered person has a right to be heard before material from the special audit is used in proceedings. The Commissioner determines and pays audit expenses, and detection of tax discrepancies may lead to initiation of recovery proceedings. en-us Sat, 01 Jul 2017 14:26:46 +0530 Sat, 01 Jul 2017 14:26:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=28879 Special audit permits an Assistant Commissioner, with the Commissioner's prior approval, to direct a registered person to have records audited by a chartered or cost accountant nominated by the Commissioner where value declaration or credit appears incorrect; the nominated accountant must submit a certified audit report within the prescribed period, which may be extended for sufficient reason. The registered person has a right to be heard before material from the special audit is used in proceedings. The Commissioner determines and pays audit expenses, and detection of tax discrepancies may lead to initiation of recovery proceedings. Act-Rules GST - States Sat, 01 Jul 2017 14:26:46 +0530 https://www.taxtmi.com/acts?id=28879