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Simplification of procedure to deal with audit objections raised in indirect taxes by the office of by CAG

News and Press Release - Dated:- 12-4-2016 - Central Board of Excise and Customs (CBEC) has issued a circular to simplify the procedure of dealing with audit objections raised in indirect taxes by the office of CAG. The Circular rescinds all the past circulars and instructions and prescribes a new simplified and consolidated procedure. The Circular No. is 1023/11/2016 CX dated 08/04/2016 Taking note of the fact that revenue and audit have agreement on large proportion of the audit objections, th .....

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