Audit Manual - Core Treasury System Uttarakhand

Government of Uttarakhand
Audit Manual
Sr. No Activity Risk Audit Steps
4 Accounts • Improper maintenance of records • Verify whether every dealer liable to pay tax or liable to be
registered under the Act maintains accounts of sales or
purchases made
• Verify whether every dealer documents all the sales and
purchases done
5 Input tax credit • Acceptance of wrong claims
• Dealer charges a higher rate
claim ITC
to
• Verify whether the claims of ITC as accepted by assessing officer
are correct
• Mention the cases where input tax credit is inadmissibility
granted
• Verify input tax credit is being calculated on the basis of allowed
purchases for eg.
Sale within state
Sale in course of inter-state trade etc.
• Mention the cases where input tax credit was claimed by
assesses on those purchases on which input tax credit is allowed
on purchases for eg.
Where registered dealer who is liable to pay tax under
composition scheme
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