Dear Experts,
As an auditor i am asking these doubts.

I have been assigned the task of auditing the Cenvat and Service tax of a manufacturing company. Its a medium sized private limited company. My queries are

1) How to audit if the company does exports sales?
2) What is meant by Rebate?
3) What is Duty Drawback?
4) What is the difference between these two.?
5) what is DEPB?
Thanks & Regards
Rajesh.

Dear sir
pls tell me why we do the statutory audit .what is the procedure for the statutory audit.
thanks

Who is the auditor of icai ?
How process of audit is done there ?

Dear Sir/s,
As per ICAI- Council's decision of 1957, A CA should preserve records relating to Audit and other work done by them, routine correspondence and other work and other papers for a Minimum of 10 years.

However,our principle says that the same has been changed to a period of 8 years.

Please help with reference to Council decision and the year, if possible.

Thanks you

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