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<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd"> <html xmlns="http://www.w3.org/1999/xhtml"> <head> </head> <body> <div style="font-family:Verdana, Geneva, sans-serif; font-size:12px; text-align:justify"> <table width="800" border="0" style="border:1px solid #ccc;padding:5px;" align="center" cellpadding="6" cellspacing="0"> <tr> <td align="left" valign="top"> <br /> Ministry of Finance <br /><br /> Adjudication of notices issued on CERA/CRA objection<br /><br /> MANU/EXCR/0012/2016 - (08 Apr 2016)<br /><br /> </td> </tr> <tr> <td align="left" valign="top"></td> </tr> <tr> <td align="left" valign="top" style="background-color:#FDEDCE"><strong>The Central Board of Excise and Customs added to its efforts to reduce litigation arising out of indirect tax disputes. Its latest Circular has prescribed a simplified and consolidated procedure for dealing with audit objections raised in indirect taxes by the Comptroller and Auditor General. Under the new procedure, if the Department does not agree with the assessment of the CAG, it will not issue a demand notice to the assessee, unless necessary.</strong></td> </tr> <tr> <td align="left" valign="top" ><strong>Relevant : Checks on Delays - Maintenance of 'Call Book' <manuid>MANU/EXCR/0064/1995</manuid></strong></td> </tr> <tr> <td align="left" valign="top" ><strong>Tags : Cbec, demand notice, litigation, cag</strong></td> </tr> <tr> <td align="left" valign="top"> </td> </tr> <tr> <!--<td><strong>Source : <a target="_new" href="http://www.manupatrafast.com/">newsroom.manupatra.com</a></strong></td>--> <td align="left" valign="top"><strong>Source : newsroom.manupatra.com</strong></td> </tr> <tr> <td align="left" valign="top"> </td> </tr> <tr> <td align="left" valign="top">Regards</td> </tr> <tr> <td align="left" valign="top">Team Manupatra</td> </tr> <tr> <td align="left" valign="top"> </td> </tr> </table> </div> </body> </html>