How we can audit the accounts of duty drawback.? What are the evidences that we may require to check and verify the duty drawback account.?
JITENDRA KUMAR DHINGRA (Executive) (93 Points)
26 May 2010How we can audit the accounts of duty drawback.? What are the evidences that we may require to check and verify the duty drawback account.?
RAMESH KUMAR VERMA
( CS PURSUING )
(43848 Points)
Replied 26 May 2010
JITENDER JI,
What are the evidences that we may require to check and verify the duty drawback account.?
AS FAR AS I UNDERSTAND BANK STATEMENT AND EP COPY OF SHIPPING BILL IS MANDATORY.
REGARDS,
CA Amit Kumar Khaitan
(Research Analyst)
(360 Points)
Replied 28 May 2010
Check the following..
Bank Statement
Documents evidencing payment of Duty before..
Calculation of the Drawback amount as per the Legal Provisions
Entry in Books..
Head of Entry
Customs Communications and approval documents for drawback..
Any document you can directly relate to the matter..
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