Audit under service tax

This query is : Resolved 

07 April 2013 Is the Audit under service tax law is the duty of the service provider or the department will choose randomly for the audit.




08 April 2013 Normally the ST audits are conducted based on the total revenues, total credits if large. The dept chooses whom to audit also based on whether the payments are delayed, returns not filed in time etc.
An audit which covers the compliance's and availment of beneft is is also quite value additive where the ST payments are substantial.

08 April 2013 Thank you sir
But what that limit of
above 3 crores - every year
1-3 crores - once in 2 yr
b/w 25 lakh to 1 crore - once in 5 year
below 25 lakh - 2% of the service provider
says?




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