Empanelment of CA/ICWA for audit of Service Tax assessees.
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..... 3) Bombay Chartered Accounts Association, 4) Tax Consultant Forum, 5) Website Sir/Madam, Sub:- Empanelment of CA/ICWA for audit of Service Tax assessees. **** The Service Tax department proposes to order for conduct of special audit of Service Tax Assessees by the Chartered Accountant and Cost Accountants under Section 14AA of the Central Excise Act, 1944, as made applicable to Service Tax under Section 83 of the Finance Act, 1994. For this purpose, it is proposed to make a panel of CA/ICWAI who may be assigned the task of audit. 2. In this connection, please find enclosed herewith a Notice for "Expression of Interest" from the interested and eligible practicing Chartered Accountants/ Cost Accountan....
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....ave been held guilty of any professional misconduct under the Cost and Works Accountants Act, 1959 (as amended) or Chartered Accountants Act, 1949 ( as amended) during past five years or penalized under the Service Tax Law or Custom Act or Central Excise Act; (iv) not be facing any investigation or enquiry by the CBEC for any violations under the Service Tax Law or Custom Act or Central Excise Act. 3. (i) Selection procedure : All the applications received up to the last date shall be scrutinized by a Committee appointed by the Commissioner in terms of guidelines issued in this behalf. The basic criteria for selecting the applicant would be the experience in audit/ consultancy/representation in the Service Tax matters. The....
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....ned and certified by him. The audit report shall provide full details of audit, including the audit plan, details of documents verified, result of verification, short levy/wrong availment of cenvat credit etc. duly quantified and their observations. Photocopies of sample documents shall also be enclosed with audit report for taking further action by the department. (v) Right for private practice : The nominated person/firm shall not have represented or advised in any manner the assessee whose audit is ordered by the department in any area like maintenance of accounts, auditing, tax consultancy, any other consultancy, representation etc. This aspect would be verified while assigning a particular assesse....
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....th respect to Service Tax matter published in Journals/Newspapers etc. 10. Gross receipt from professional practice during 2010-11. ********** Verification I , Proprietor/Partner of M/s.  ....
TaxTMI