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excise

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Querist : Anonymous (Querist)
29 June 2011 How to Audit of Excise. Which is important things we remember in doing Excise Audit.And what is detailed procedure we are followed for Excise Audit

29 June 2011 1.check & verify the accounts books vs.excise books ie.cenvat credit,availed,balance etc.
2.compare monthly returns.
3.compare rg-1, with monthly returns etc.
4.whether deposited on time.
5. whether capital purchase booked separatly.
6.all purchase agst which cenvat taken should be in record.



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