Service tax excise audit frequently asked question. Cbic has issued gst audit manual 2019 a2z taxcorp llp. Cbec releases central excise and service tax audit manual. Central excise manual, chapter15, introduction, procedure of. Application form for central excise registration of manufacturers of hand rolled cheroots of tobacco falling under subheading no. Dec 16, 2015 with regard to detailed scrutiny of returns, board has already issued instructions vide circular no. Cbec direct its excise and service tax officers to follow. In order to make audit more efficient and productive, the directorate general of audit has taken many initiatives. Central board of excise and customs home page of central. Feb 15, 2016 this tax alert which provides an update on the integrated central excise and service tax audit manual, 2015 cestam 2015. Checklist for central excise compliance accounts knowledge hub. Central excise manuals ready reckoners home list manuals central excise this law all income tax gst customs fema companies law indian laws wealthtax service tax cenvat credit central excise. Central board of excise and customs cbec is a part of the department of revenue under the ministry of finance, government of india. Board issued detailed procedure of internal audit in the form of central excise and.
The revenue audit manual on direct taxes will provide guidelines to ensure conduct of audit and preparation of audit report relating to direct taxes. Union report 3 of 2017 revenue indirect taxes central excise cag. For central excise purposes audit means scrutiny of the records of assessee. Part one legal compliance to be ensured on daily basis. Inauguration of customs canine centre at attari, amritsar by dr. For detailed scrutiny of service tax returns, boards circular no. The purpose of the cestam 2015 is to outline the principles and policies of audits conducted under central excise and service tax. The departments performance in respect of scrutiny of returns was also found to be. Such a mechanism has three important prongs audit, antievasion and return scrutiny. The manual consists of eight chapters and 21appendices.
Cbec releases central excise and service tax audit manual, 2015. S ravi shankar, ca madhukar n hiregange the book is not only a conventional book on auditing but has approached the subject of excise audit from the legal standpoint apart from procedure and techniques of audit. Part c voluntary compliance of audit objections for voluntary compliance of the audit objections raised by the audit parties, there exists a provision under section 11a 2b of the central excise act wherein only applicable excise duty and interest can be paid on the spot and a letter seeking waiver of penaltyshow cause notice can. Some erp may not support all the requirements of excise data i. Formation of audit commissionerates and cadre restructuring has brought new designations and roles of officers. Do i need to produce all my business recordsdocuments.
The guwahati audit commissionerate came into existence on 15102014. Jul 20, 2015 new norms for manual scrutiny of service tax returns from august central board of excise and customs will start detailed manual scrutiny of service tax returns of assessees based on risk parameters. Even if the taxpayer has not filed an excise return and there is no amount on the excise return to reconcile, the excise examiner must still perform a booksto return analysis and document the conclusions reached regarding what salesrevenue should have been reflected on the nonfiled return. The departmental officers only scrutinise this return to check for any apparent. Integrated central excise and service tax audit manual 2015. The jurisdictional commissioner should examine the audit. It gives me immense pleasure to present this new integrated central excise and service tax audit manual cestam, 2015, which has been approved by board. Jul 11, 2019 experience gained during the conduct of audit would also necessitate periodic updating of the manual to maintain its utility. The said instructions for service tax are applicable from 1 st august 2015 onwards. Ours is a new commissionerate, one of the 45 such audit commissionerates set up across the country in oct 2014 and after getting. It is indeed my proud privilege to launch this website of central excise audit commissionerate, jaipur, more particularly in the year being celebrated as the year of taxpayer services by cbec and its formations. Checklist for central excise compliance the manual is divided into six parts.
To make central excise audit more professional and result oriented in the wake of introduction of selfassessment and acceptance of private records the project plan envisages preparation of an audit program and an audit manual and a set of working papers. It gives me immense records 1 20 of 325 central excise revenue audit manual, income tax, goods and services tax, regards,yagay and sunmanagement and indirect tax 10 apr 2015 the audit standards as contained in chapter 5 of this manual are observed while course on central excise audit to familiarize themselves with the audit. Opening stock, manufacture quantity, removal of stock and closing stock, rejection to vendor details are not available. The directorate has been shouldering the aforesaid responsibilities efficiently. The central excise act also provided for payment of interest on delayed payment of refund as per section 11bb. Cbec releases central excise and service tax audit manual, 2015 this tax alert which provides an update on the integrated central excise and service tax audit manual, 2015 cestam 2015. Central excise revenue audit cera is one of the receipt audit wings of office of the principal director of audit central, kolkata.
For expenditure audit of central board of direct taxes income tax department, civil audit manual may be referred to. Foreign trade policy handbook of procedures hp appendices itc hs schedules. Audit circlei audit circleii audit circleiii audit circleiv audit circlev audit circlevi audit circlevii audit circleviii. The statutory provisions relevant for audit is clause x of section 372 and rule 22 of the central excise rules, 2002 for conducting central excise audit and rule rule 5a 2 of the service tax rules, 1994 for service tax audit. Simple single dozen steps before starting the excise audit. Central excise manual, chapter9, refund, introduction.
Detailed description of both the types of scrutiny has been provided below. Some of the highlights of good and service tax audit manual 2019 gstam, are as under. These instructions should be followed scrupulously. The conditions and procedure relating to export without payment of following type of duties are contained in notification nos. As per the manual for the scrutiny of central excise returns. Central excise manual chapter 1 parti, introduction, an overview of central excise, chapter2 parti registration and ecc number, new excise control code ecc number, chapter3 assessment classification valuation provisional assessment, classification, valuation, provisionalassessment, manner of payment of duty and account current, scrutiny of assessment, chapter 4 invoice system, transhipment. Office of the chief commissioner central excise, customs. Salient features of excise audit 2000 central excise, chennai. Jul 27, 2015 cbec has recently issued two circulars no. Each part provides explanatory notes and guidance note to facilitate personnel handling compliance.
Detailed manual scrutiny of st3 returns with effect from 01. Every return scrutiny process consists of 2 types of scrutiny. Central excise revenue audit office of director general of. The position as explained in there circulars does not change after amendments made vide notification no.
New central excise and service tax audit manual 2015 cestam 2015 is now. Understand the client business with system support on business transaction. Application form for central excise registration of powerloom weavers hand processors dealers of yarns and fabrics manufacturers of readymade garments. The central excise manual prescribed that the department should. Excise is governed by section 11b of the central excise act, 1944. Jul 11, 2015 the central board of central excise cbec vide the captioned circular dated june 30, 2015 has issued guidelines for manual scrutiny of service tax return st3 applicable w. New norms for manual scrutiny of service tax returns from august.
Central excise audits practical perspective for assessees. The manual does not deal with legal interpretations and rulings on central excise and service tax matters. Jul 21, 2015 e most recent return filed by that assessee should be used for conducting the detailed scrutiny. Preliminary scrutiny under service tax and central excise. Integrated central excise and service tax audit manual 2015 cestam 2015 cestam 2015 foreword cestam 2015 manual c.
Background cbec vide circular dated april 23, 2009 had laid down the procedure for carrying out detailed scrutiny of returns and had circulated a. Report comptroller and of for the year ended march 2015. Excise audit manual including ea 2000 january 2003 centax publications pvt. It is under jurisdictional control of the chief commissioner, shillong zone. Integrated central excise and service tax audit manual.947 1563 322 1150 273 354 1144 1179 134 52 1312 494 1142 1497 392 728 488 1304 433 149 1657 1220 175 1056 281 382 1463 256 1398 839 53 539