17 June 2016
Dear Seniors,
please tell me weather excise deptt. will conduct excise audit for every FY or is there any ceiling limit for the same,
Regard
Anil kumar
17 June 2016
find limit for excise audit amount of duty & cenvat paid in one year exceeds Rs. 3 crore- then every year duty 1-3 crore - once in two years duty 50 lacs to 1 CR-once in 5 years less than 50 Lacs duty amount - 10% of unit selected every year.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
18 June 2016
sir pls tell me the means of 10% unit selected every year,