TMI BlogRevised Central Excise Audit ManualX X X X Extracts X X X X X X X X Extracts X X X X ..... ued instruction dated 11th June 2002 for selection of units paying duty upto Rs.1 crore for EA 2000 Audit using Risk Assessment techniques. Over a period of time, experience has been gained in audit techniques and statutory changes in Central Excise Law and procedures have also taken place. Development of Professional Audit Programme by integrating the tools of information technology and using mod ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... changes have been made in the revised Manual which may be gone through in details in the manual. However, important changes made are being highlighted below: (i) Chapter 6 of the existing Manual relating to Audit Protocol has been omitted on the ground that this was a limited initiative with the basic methodology of EA-2000 and after the initial response from few manufacturers, the major man ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... onal or inter connected units. (v) Reference units selected for the purpose of audit shall now be accommodated within the overall limit of 50% (for units paying duty between Rs. 10 lakhs and Rs. 1 crore) and 20% (for units paying duty below Rs. 10 lakhs). (vi) Every audit shall cover the retrospective period upto the previous audit or last five years whichever is less. (vii) All Export Oriented ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... above, not more than 3 days should normally be spent in the assessee's factory. 4. Board's instruction dated 11.06.2002 and other instructions/ circulars issued from time to time on this subject stands modified to the above extent. 5. Field formations may suitably be informed. 6. Receipt of this circular may please be acknowledged. 7. Hindi version will follow. Copy to: 1. PPS to Chairman/ ..... X X X X Extracts X X X X X X X X Extracts X X X X
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