Reconciliation of Accounts by Chief Accounts Officers - System defects - Regarding

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....oms, New Delhi Subject : Reconciliation of Accounts by Chief Accounts Officers - System defects - Regarding The Principal Chief Controller of Accounts, Central Board of Excise and Customs has recently brought to the notice of the Board a case of fraud in payment of Central Excise duty by an assessee in Bombay involving a sum of Rs.1.44 lakhs. (Copy of letter F. No. Coord/1/(5)Bom-I/FRD/94 receiv....

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....d verified the duplicate copies of challans with reference to the quadruplicate copies received by them. However, as the reconciliation had remained in arrears, the fraud could not be detected in time. 3. In this connection, your attention is invited to Circular No. 15/90-CX.8 (F. No. 263/9/90-CX.8) and Circular No. 80/80/94-CX.8, dated 21-11-1994 issued from F. No. 268/26/94-CX.8 whereby a time ....