Indirect Taxes
- Customs
- Customs
- Advance Rulings
- Audit
- Background
- Classification of Goods under The Customs Tariff Act, 1975
- Customs Duty Drawbacks
- Date for Determining Rate of Duty and Valuation
- Demand, Recovery and Refund of Duty
- Interest
- Levy of Customs Duty
- Penalties
- Procedure of Import
- Prosecution
- Settlement of Cases
- Some Important Definitions
- Types of Duties
- Valuation of Goods
- Warehousing
- Goods and Services Tax (GST)
- Goods and Services Tax (GST)
- Accounts and Records
- Assessments and Audits
- Classification of Goods and Services
- E-Way Bill
- Input Tax Credit (ITC)
- Interest
- Penalties & Prosecution
- Place of Supply
- Refund
- Registration
- Relevant Circulars - Miscellaneous
- Returns
- Reverse Charge Mechanism under Goods and Services Tax (GST)
- Supply with Schedules
- Time of Supply
- Transitional Provisions
- Valuation of Supplies
- Maharashtra Profession Tax
- Maharashtra Value Added Tax
- Maharashtra Value Added Tax
- Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019
- Service Tax
AUDIT
New Chapter XIIA is inserted vide Finance Act, 2018 to provide for audit provisions. Consequently, audit may be carried out for imported goods or export goods or of auditee either in his office or in the premise of the auditee.
Further, the definition of ‘auditee’ is introduced which is wide enough to not only cover the person subject to audit but also includes an importer or exporter or approved custodian or licensee of warehouse and other person concerned directly or indirectly in clearing, forwarding, stocking, carrying, selling or purchasing imported goods or export goods or dutiable goods.