88. Insertion of new Chapter XIIA.
In the Customs Act, after Chapter XII, the following Chapter shall be inserted, namely:––
‘CHAPTER XIIA
AUDIT
Audit.
99A. The proper officer may carry out the audit of assessment of imported goods or export goods or of an auditee under this Act either in his office or in the premises of the auditee in such manner as may be prescribed.
Explanation.––For the purposes of this section, “auditee” means a person who is subject to an audit under this section and includes an importer or exporter or custodian approved under section 45 or licensee of a warehouse and any other person concerned directly or indirectly in clearing, forwarding, stocking, carrying, selling or purchasing of imported goods or export goods or dutiable goods.’.
Notes on Clauses:
Clause 88 of the Bill seeks to insert a new Chapter XIIA in the Customs Act relating to audit. The proposed new section 99A seeks to provide for audit of imported or export goods and of auditee under the Customs Act, in accordance with the procedure to be provided by regulations. It further seeks to define the expression ‘auditee’ by way of an Explanation.
