Excise audit for dealers

For regd dealer under central excise no audit is prescribed. However there is a bad practic eof some dealers who issue goods on cash and provide invoices to people who can avil the credit. This could be examined by the DGCEI or preventive wong of the revenue.

As long as consignment wise stocks are amaintianed, it is sufficient.

It maybe noted that there is no credit availment ( no entries in book for credit ) as far as dealers are concerned. They only pass on the credit unlike manufacturers/ service providers.