TaxTMI 
TaxTMI 
Seeks to notify On-site Post Clearance Audit at the Premises of Importers and Exporters Regulations, 2011
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.... Revenue) (Central Board of Excise and Customs) Notification No.72/2011-Customs (N.T.) New Delhi, dated 4^th October, 2011. G.S.R. 745(E). - In exercise of the powers conferred by clause (d) of section 157, read with clause (ii) of sub-section (2) of section 158, of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs hereby makes the following ....
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.... accounts whether kept in the written or printed form and data stored on a floppy, disc, tape or any other form in electro-magnetic data storage device; (c) 'premises' includes the place at which imported or export goods and connected books of account, records of transaction and other documents are ordinarily kept by an importer or exporter, as the case may be, and his registered office o....
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.... required by the proper officer. (2) The importer or exporter, as the case may be, shall provide true and correct information to the proper officer. (3) The importer or exporter, as the case may be, shall render assistance to the proper officer in the discharge of his official duty and shall in no case refuse or obstruct the proper officer in discharge of official duty. ....
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....f the objections, if any, before preparing the draft audit report to provide him an opportunity to offer clarifications with supporting documents. (5) Where the importer or exporter as the case may be, is in agreement with the audit findings, in part or in full, he may make voluntary payments of duty due, if any, and the proper officer shall record the same in the audit report. (6) The....