Service Tax Audit Manual — Salient features

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....as been extended considerably. At present, 58 services are subjected to levy of Service Tax. The revenue from Service Tax sector has also been growing appreciably over the time. The audit of selected services (telephones, non-life insurance and stock brokers) was started in the year 1996. Subsequently, the same was extended in 2002 to cover certain selected service providers in four metropolitan c....

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....ient features of the Audit Manual are : (a) Legal provisions for levy and collection of service tax are indicated in one place. (b) Principles of auditing of Service tax-payers based on modern methodology are enumerated. (c) Guidelines are provided for selection of tax-payers for auditing based on risk assessment technique. (d) Detailed guidelines are provided for preparation of audit plan bef....