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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 .....

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e revised Circular provides that demand notice, in cases of agreement on audit objection, should be issued and decided expeditiously. However, where revenue does not agree with the objections, no demand notice would be issued. Thus, where it is not n .....

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