CARO · ABC Textiles Pvt Ltd
Clause 44 — CARO
Border-adjustment workings under Appendix I Rule 10, margin benchmarks and related-party pricing review — the complete CARO file, exception-driven.
Vyapars AI · model v2.4.1 · first run pending
Data → AI processing → Risk & exception → Evidence → CA review → Action → Audit trail
Exception-driven workflow
Data5
Tally · bank · GSTN · 26AS
AI Processing2
Classify · match · scrutinise
Risk & Exception2
Anomalies surfaced
Evidence3
Source documents
CA Review0
Human in the loop
Action0
Approve · fix · escalate
Audit Trail0
Every decision logged
Counts are live for ABC Textiles. Every decision you make below flows into the audit trail and rolls up to the Command Center overview.
CARO paragraphs
22
CARO 2020 · FY 2025-26
Clean answers
15
no qualification
Exceptions
5
with proposed remarks
Awaiting inputs
2
client confirmations
Applicability
Yes
turnover above threshold
Draft remarks drawn from the close evidence chain
Paragraph-wise reporting
| Paragraph | Subject | Finding & draft remark | Status |
|---|---|---|---|
| Para 3(i) | PPE & intangible assets | All records maintained; title deeds in company name | Clean |
| Para 3(ii) | Inventory — physical verification | Discrepancies ≥ 10% for 2 SKUs — report to BOD pending | Exception |
| Para 3(iii) | Loans, guarantees & security | ₹8.3L inter-company loan — repayment terms to confirm | Exception |
| Para 3(iv) | Related-party transactions | ₹11.75L cash payment — disclosure consistent with books | Exception |
| Para 3(v) | Statutory dues — PF, ESI, GST | Undisputed dues regular; disputed ₹1.6L — forum details set | Clean |
| Para 3(vii) | Statutory dues — default | No default in transfer tax to treasury | Clean |
| Para 3(xi) | Fraud noticed or reported | No fraud observed; duplicate-invoice alert closed by CA | Clean |
| Para 3(xiii) | Cash & bank reconciliation | 4 accounts reconciled; 2 months for A/c 0012 pending | Awaiting |
| Para 3(xvii) | Cash losses / negative net worth | No cash losses in the financial year | Clean |
Exceptions feed the CA review queue — not a separate file
Remarks routed to CA review
- Para 3(iv): cash payment to a related party — qualify unless the client confirms the commercial rationale.
- Para 3(ii): inventory discrepancy ≥ 10% for 2 SKUs — BOD reporting is pending before sign-off.
- Para 3(xiii): two months of bank reconciliation for A/c 0012 awaited from the client.
Human in the loop — nothing posts without an accountant
CA review queue
2 flagged · worst first
| Exception | Party / Ref | Amount | Date | AI confidence | Status | Actions | |
|---|---|---|---|---|---|---|---|
highMark-up below arm's length range for 2 comparables Realisation margin on 2 comparable products falls below the arm's length range built from the price list plus border adjustment. | Suntech Manufacturing | ₹9.8 L | FY 2025-26 | 86% | open | ||
mediumCustoms credit notes not tracked for border adjustment 3 customs credit notes received after duty payment are not reflected in the border-adjustment workings. | ₹2.6 L | FY 2025-26 | 83% | open |