Latest Publications of ICWAI

In the revised edition, changes made in Central Excise Valuation Rules 2000 and Central Excise (Determination of Retail Sale Price of Excisable Goods) Rules 2008 and relevant case laws have been incorporated. A suggested Valuation Audit Report Format has also been provided in this revised edition, which will be very useful to practising cost accountants in analyzing various expenses and related issues.

In the revised edition, changes made in CENVAT Credit Rules 2004 and procedures governing CENVAT credit have been incorporated. It also provides relevant case laws and practical guidance for carrying out Special Audit u/s 14AA of the Central Excise Act 1944 including sample audit report format.

The revised edition of this Book touches upon procedures relating to VAT Acts and Rules thereof particularly with respect to Registration, Returns, Assessment, Revision and Reference to various authorities defined in respective State Acts/Rules. The Book also contains Frequently Asked Questions (FAQs) explaining various issues connected with VAT. It also includes Accounting under VAT with practical examples to facilitate journal entries, accounting treatment in Balance Sheet, VAT Audit, filing of: appeals, review, revision petitions and reference/ Statement of Case to various authorities under respective State VAT Acts/Rules