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CBEC releases new system for detailed manual scrutiny of service tax returns

In the era of self-assessment, the need for a strong compliance verification mechanism cannot be over emphasized. Such a mechanism has three important prongs ” audit, anti-evasion and return scrutiny.

In order to put in place a strong ‘return scrutiny’ system, a two-part system of return scrutiny was envisaged” a preliminary scrutiny which would be online covering all the returns; and a detailed manual scrutiny of select returns, identified on the basis of risk parameters, to be done by the Division

Please click on the below link to read the full circular

Detailed Manual Scrutiny of Service Tax Returns

 

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eMinds Legal is a Corporate Law Firm based in Gurgaon, India specializing in Corporate Legal, Corporate Secretarial and Compliance. The Firm comprises of a team of Corporate Lawyers and Company Secretaries with in-depth subject matter knowledge and participative industry experience of over 15 years.

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