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ANIMESH PANDEY
(Querist)
06 September 2013
SIR DURING AN AUDIT ASSIGNMENT I HAVE OBSERVED THAT THE COMPANY HAS RECENTLY APPLIED FOR SERVICE TAX REGISTRATION ALTHOUGH IT HAS BEEN PAYING HUGE AMOUNT AS SERVICE TAX ON AUDITOR'S FEES , A.M.C,ETC FOR A LONG TIME .
NOW MY QUESTION IS THAT , CAN WE INCLUDE THIS ISSUE IN OUR REPORT SINCE THE COMPANY HAS LOST THE OPPORTUNITY TO BOOK CREDIT OF SERVICE TAX PAID BEFORE THE DATE OF TAKING REGISTRATION ??
SIR WE ARE DOING INTERNAL AUDIT NOT STATUTORY AUDIT..
NOW MY QUESTION IS THAT , CAN WE INCLUDE THIS ISSUE IN OUR REPORT SINCE THE COMPANY HAS LOST THE OPPORTUNITY TO BOOK CREDIT OF SERVICE TAX PAID BEFORE THE DATE OF TAKING REGISTRATION ??
SIR WE ARE DOING INTERNAL AUDIT NOT STATUTORY AUDIT..
06 September 2013
No need to commend in Statutory auditor's report for not availing CENVAT credit.
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