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Audit Team Demanding last 5 years record with revision_Urgently

Central Excise - Started By: - Prem Bajaj - Dated:- 12-7-2016 Last Replied Date:- 14-7-2016 - Dear Experts,I am a manufacturer and imports raw material and i am paying Custom duty with BCD, CVD, Spl CVD, EC & SHEC. And i have taken credit of CVD .....

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't raise any query and complete audit.BUT NOW Excise auditor is doing audit of current year and he is ready to raise demand of these points of past 5 years but my point is excise audit has been done of past period and we nothing to hide and menti .....

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artment cannot invoke the extended period of five years on the ground of suppression of fact etc. There are judgements of High Court on this issue in favour of the assessee. However, If SCN is issued, that would not sustain but doors for facing the r .....

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anks. - Reply By KASTURI SETHI - The Reply = Sh.Ganeshan Kalyani Ji, I agree with you Sir. Sometimes lame SCNs are issued. If audit has been conducted regularly and SCN invoking extended period is issued, that would be quashed on the first stage of a .....

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