May I know how to verify and audit excise duty paid by a manufactuirng company... PLS help me in this regard
Amir
(Learner)
(4016 Points)
Replied 04 February 2010
Dear Balakrishnan,
U Can verify the Excise returns with the records mainted like - "records of production, removal, payment of duty, cenvat credit records"
Just try to make a reconciliation in these records if anything is not right then it wil get highllighted by simple reconciliation
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