Report No 1 of 2016 - Revenue Sector Government of Odisha

Overview

This Report contains 33 paragraphs including one Performance Audit (PA) relating to non-levy / short levy of tax, interest, penalty, revenue foregone, etc., involving Rs.357.41 crore. The total revenue receipts of the Government for the year 2014-15 amounted to Rs.56,997.88 crore against Rs.48,946.85 crore in the previous year. Of this, 48.95 per cent was raised by the State through tax revenue (Rs.19,828.29 crore) and non-tax revenue (Rs.8,070.87 crore). The balance 51.05 per cent was received from the Government of India in the form of State’s share of divisible Union taxes (Rs.16,181.22 crore) and Grants-in-aid (Rs.12,917.50 crore).Test check of the records of assessment / collection of Value Added Tax including Sales Tax, Entry Tax, Professional Tax etc., Motor Vehicles Tax, Stamp Duty and Registration Fees, State Excise Duty, Mining Receipts during the year 2014-15 revealed under assessment / short-levy / loss of revenue and other observations amounting to Rs.11,665.85 crore in 1,78,420 cases.

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