Name of Client

Statutory Audit : Period of Audit

Audit Check List for Manufacturing Enterprises

Sr.No.

Activities to be covered
Legal Compliance:
a) Income Tax
Get the details of Income Tax & wealth Tax Assessment status as on date alongwith copies of assessment/appeal
orders passed during the year, status as on date, disclosure in contingent liabilities and in CARO accordingly.
Get the details of TDS deducted during the year and verify TDS certificate.
Also ensure advance tax is paid on time and verify challans alongwith working for same.
b) Sales Tax
Details of year wise sales tax assessment status as on date.
Returns of Sales Tax filed with the Sales Tax dept alongwith copy of challans.
Amount of Sales/VAT payable alongwith working and details of set off claimed and its appropriate accounting
treatment
If deferral facility is availed by the Client, verify with relevant circular/notification of ST Dept and ensure it is paid
as and when due. Also verify whether same is unsecured or secured against assets of the Company.
c) Excise Law
Balance of RG 23 & PLA A/c.
Reconciliation of excise balance as per Ledger and as per Excise Records.
Ensure that cenvat is claimed properly and verify reasons for cenvat claimed by the auditee and reversed
subsequently by it at instances of excise authorities or on their own.
In case of export, claim for refund is properly accounted for alongwith reasons, if any, for its rejection.
d) Verify following details:> In case of Employee statutory deduction salary amount on which PF is supposed to be deducted
> In case of TDS verify:Total deductible amount at the standard percentage.
Actual amount deducted
Date when Tax/statutory deduction has been deposited
Late payment, if any
Obtain TDS quarterly returns.
e)Verify service tax returns.
f)Check whether the provision for interest has been made on delay payments.
g)FBT workings.

Remarks
Yes/No

Observations

Working paper
References

Responsible
Person Initials)

Name of Client
Statutory Audit : Period of Audit
Audit Check List for Manufacturing Enterprises

Month

Description of
Value of goods
goods

Custom duty
rate

Custom
duty
payable

Amount Paid

Excess/(Shortfall)

Due Date of Actual Date

Payment
of payment

Delay ( In
No. of days)

0
0

0
0

Outstanding for
>6months

Name of Client
Statutory Audit : Period of Audit
Audit Check List for Manufacturing Enterprises

Month

Description
of goods

Value of
goods

Rate of
VAT

VAT
payable

Amount
Paid

Excess/
(Shortfall)

Due Date of Actual Date of Delay ( In

Payment
payment
No. of days)

0
0
0
0
0
0
0
0
0
0
0

Outstanding
for >6months

Name of Client
Statutory Audit : Period of Audit
PF/ESIC Details
PF Details
Month

Employee
contribution

Employer
contribution

Family
Pension

Adm.
Charges

Date of
payment

Due Date

Delays (if any)

Apr-11
May-11
Jun-11
Jul-11
Aug-11
Sep-11

62246
68871
102762
80142
78401
78372

63206
70050
104016
81290
79579
79581

5725
6337
9445
7359
7211
7208

12.5.2011
9.6.2011
15.7.2011
6.8.2011
13.9.2011
5.10.2011

#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!

Oct-11
Nov-11
Dec-11
Jan-12
Feb-12

93656
92678
88745
90247
108225

95081
94033
90016
91638
109702

8613
8522
8160
8301
9950

7.11.2011
27.12.2011
12.1.2012
14.2.2012
12.3.2012

#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!

Mar-12
Total

87805
1032150

89321
1047513

8079 12.5.2012
94910

#VALUE!
0

ESIC Details

Month

Employee
contribution

Employer
contribution

Date
payment

of
Due Date

Whether
Delays (No. outstanding
of Days) for>6months
0
0
0
0
0

Whether outstanding
for>6months

0
0
0

First Flight (I) Pvt Ltd

Statutory Audit : Period of Audit
Audit Check List for Manufacturing Enterprises

Month

April
May
June
July
August
September
October
November
December
January
February
March

Description of
service

Value of service
rendered

Rate of
Service tax to
service tax be collected

Amount Paid

Excess/(Shortfall)

Due Date of Actual Date of Delay ( In

Payment
payment
No. of days)

0
0
0
0
0
0
0
0
0
0

Outstanding for
>6months

Name of Client
Statutory Audit : Period of Audit
Audit Check List for Manufacturing Enterprises

Month

Description of
goods

Value of
goods

Rate of
Excise duty
excise duty
payable

Amount Paid

Excess/(Shortfall)

Due Date of
Payment

Actual Date
of payment

Delay ( In No.
of days)

0
0
0
0
0
0
0
0
0
0
0

Outstanding
for >6months

Name of Client
Statutory Audit : Period of Audit
TDS Details
Contractor

Month

April
May
June
July
August
September
October
November
December
January
February
March
March

Amount
deducted

0
3370
4929
12304
17515
31681
9900
10224
7998
8930
13045
4792

Haribhakti Co.
Chartered Accountants

Amount Paid

0
3370
4929
12304
17515
31682
9901
10224
7999
8931
13045
4792

Excess/(Shortfall)

0
0
0
0
0
-1
-1
0
-1
-1
0
0
0

Due Date of
Payment

7-Apr-11
7-May-11
7-Jun-11
7-Jul-11
7-Aug-11
7-Sep-11
7-Oct-11
7-Nov-11
7-Dec-11
7-Jan-12
7-Feb-12
7-Mar-12
30-Apr-12

Actual Date of
payment

13-May-11
7-Jun-11
7-Jul-11
4-Aug-11
7-Sep-11
10-Aug-11
7-Nov-11
6-Dec-11
6-Jan-12
29-Feb-12
9-Mar-12

Delay ( In No. of days)

-40640
6
0
0
-3
0
-58
0
-1
-1
22
2
-41029

Whether outstanding
for>6months

Name of Client
Statutory Audit : Period of Audit
TDS Details
Professional Fees

Month

April
May
June
July
August
September
October
November
December
January
February
March
March

Amount
deducted

0
14052
41263
42528
48090
33794
62846
46199
26054
35504
58635
37954

Haribhakti Co.
Chartered Accountants

Amount Paid

0
14052
41263
42528
48090
33793
62196
46199
26053
35504
58635
37955

Excess/(Shortfall)

0
0
0
0
0
1
650
0
1
0
0
-1
0

Due Date of
Payment

7-Apr-11
7-May-11
7-Jun-11
7-Jul-11
7-Aug-11
7-Sep-11
7-Oct-11
7-Nov-11
7-Dec-11
7-Jan-12
7-Feb-12
7-Mar-12
30-Apr-12

Actual Date of
payment

13-May-11
7-Jun-11
7-Jul-11
4-Aug-11
7-Sep-11
10-Aug-11
7-Nov-11
6-Dec-11
6-Feb-12
29-Feb-12
9-Mar-12

Delay ( In No. of days)

-40640
6
0
0
-3
0
-58
0
-1
30
22
2
-41029

Whether outstanding
for>6months

Name of Client
Statutory Audit : Period of Audit
TDS Details
Rent

Month

April
May
June
July
August
September
October
November
December
January
February
March
March

Amount
deducted

0
106950
106950
106950
106950
106950
106950
106950
0
213900
106950
114195

Haribhakti Co.
Chartered Accountants

Amount Paid

0
106950
106950
106950
106950
106950
106950
106950
106950
0
47494
213900

Excess/(Shortfall)

0
0
0
0
0
0
0
0
-106950
213900
59456
-99705
0

Due Date of
Payment

7-Apr-11
7-May-11
7-Jun-11
7-Jul-11
7-Aug-11
7-Sep-11
7-Oct-11
7-Nov-11
7-Dec-11
7-Jan-12
7-Feb-12
7-Mar-12
30-Apr-12

Actual Date of
payment

13-May-11
7-Jun-11
7-Jul-11
4-Aug-11
7-Sep-11
8-Oct-11
7-Nov-11
6-Dec-11
29-Feb-12
13-Mar-12

Delay ( In No. of days)

-40640
6
0
0
-3
0
1
0
-1
-40915
22
6
-41029

Whether outstanding
for>6months

Name of Client
Statutory Audit : Period of Audit
TDS Details
Interest

Month

April
May
June
July
August
September
October
November
December
January
February
March
March

Amount
deducted

0
0
0
0
0
0
0
152945
43700
35035
32773
35034

Haribhakti Co.
Chartered Accountants

Amount Paid

0
0
12996
0
0
0
0
152945
43700
35035
32775
35034

Excess/(Shortfall)

0
0
-12996
0
0
0
0
0
0
0
-2
0
0

Due Date of
Payment

7-Apr-11
7-May-11
7-Jun-11
7-Jul-11
7-Aug-11
7-Sep-11
7-Oct-11
7-Nov-11
7-Dec-11
7-Jan-12
7-Feb-12
7-Mar-12
30-Apr-12

Actual Date of
payment

7-Jun-11

6-Dec-11
7-Jan-12
29-Feb-12
9-Mar-12
7-Apr-12

Delay ( In No. of days)

-40640
-40670
0
-40731
-40762
-40793
-40823
29
31
53
31
31
-41029

Whether outstanding
for>6months

Name of Client
Statutory Audit : Period of Audit
TDS Details
Salary

Month

April
May
June
July
August
September
October
November
December
January
February
March
March

Amount
deducted

0
6000
6000
6000
35631
6000
6000
30879
6000
26900
77703
270141
0

Haribhakti Co.
Chartered Accountants

Amount Paid

0
6000
6000
6000
35631
6000
6000
30879
6000
20900
77703
95766

Excess/(Shortfall)

0
6000
0
0
29631
-29631
0
24879
0
6000
0
174375
0

Due Date of
Payment

7-Apr-11
7-May-11
7-Jun-11
7-Jul-11
7-Aug-11
7-Sep-11
7-Oct-11
7-Nov-11
7-Dec-11
7-Jan-12
7-Feb-12
7-Mar-12
30-Apr-12

Actual Date of
payment

7-Jun-11
7-Jul-11
4-Aug-11
7-Sep-11
8-Oct-11
7-Nov-11
7-Dec-11
7-Jan-12
29-Feb-12
9-Mar-12
7-Apr-12

Delay ( In No. of days)

-40640
31
30
28
31
31
31
30
31
53
31
31
-41029

Whether outstanding
for>6months

First Fitness (I) Pvt Ltd

Due Date Chart Of all Statutory Payments

Month

Payment
of T.D.S

April

30th

May

7th

June

7th

July

7th

August

Quarterly Filing of
Tax
T.D.S
Income
Audit
Return Tax Return Report

Advance
Tax
Payment

Payment
Service
ESIC
of Service
Tax Return Payments
Tax

Vat
Vat Audit/
P.F
Payment/
Statuatory Professional
Payment Monthly
Tax Payment
Audit
Return
Return

25th

21st

15th

21st

5th

21st

15th

21st

15th

5th

21st

15th

21st

15th

31st(Non
Corp)

5th

21st

15th

21st

7th

5th

21st

15th

21st

September

7th

30th
(corp)

30th

15th

5th

21st

15th

21st

30th

October

7th

15th

5th

25th

21st

15th

21st

November

7th

5th

21st

15th

21st

December

7th

15th

5th

21st

15th

21st

January

7th

15th

5th

21st

15th

21st

February

7th

5th

21st

15th

21st

March

7th

15th/31st

5th/31st

21st

15th

21st

15th

ROC

20th/30th

20th/31st
20th/30th
20th/31th

20th/31st
20th/30th
20th/31st
20th/30th
20th/31st
20th/31st
20th/28th
20th/31st

31st