Recommendation of the Standing Committee on Finance on Demands-for-Grants (1999-2000) of Ministry of Finance for multipronged strategy to check evasion of central excise duty

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....Ministry of Finance for multi-pronged strategy to check evasion of central excise duty - Instructions - I am directed to say that the Standing Committee on Finance on Demands-for-Grants (1999-2000) of Ministry of Finance (Department of Revenue) in its Twenty First Report emphasized the need for evolving a multi-pronged strategy to check evasion of central excise duty. 2. In this regard, it is st....

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....es falling in the high risk zone. 2. A separate Action Plan in respect of the small scale units should be drawn by the Commissionerates with the following micro-level strategy :- i. Close watch on the SSU Units whose turnover was very close to the threshold limit specified in the exemption notification availed by them and ensuring that they are legally entitled for exemption in the current fina....

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....all Commissionerates. 5. Evasion prone areas will be identified by each Commissionerate and surveillance should be kept to prevent evasion, 6. Periodical road checking, patrolling in evasion-prone industrial areas, and surprise stock-verification in units manufacturing evasion-prone commodities (but keeping the track record of a unit in mind) should be done. 7. Periodical Special drives should ....