Headquarters I

Certification audit

The financial statements of a Government Company (as defined in Section 2(45) of the Act) are audited by Statutory Auditors, who are appointed by the C&AG as per the provisions of Section 139 (5) or (7) of the Act. The Statutory Auditors submit a copy of the Audit Report to the C&AG including, among other things, financial statements of the Company under Section 143 (5) of the Act, 2013. These financial statements are also subject to supplementary audit to be conducted by the C&AG within sixty days from the date of receipt of the Audit Report under the provisions of Section 143 (6) of the Act, 2013.

Section is entrusted with certification audit of 21 SPSUs and One Autonomous Body (GERC) of Energy & Petrochemical Department and 3 SPSUs of Finance Department.

Compliance Audit

Compliance audit is conducted as per Compliance audit guidelines and applicable Auditing Standards of CAG.

The Group conducts compliance audit of 21 SPSUs of Energy & Petrochemical Department (with their 161 Division/Branch offices), One Autonomous Body (GERC) and Office of Principle Secretary (E&P Department). 

Headquarters II

The Group also conducts the audit of both revenue and expenditure of 194 units under the control of Finance Department of the Government of Gujarat  Further, this group conducts the audit of 358 units of the Inspector General of Registration and Superintendent of Stamps under the administrative jurisdiction of Revenue Department of the Government of Gujarat. Further, the group is also responsible for the audit of three Companies. The mandate for audit of the Expenditure and Revenue Receipt is governed by the provisions of Section 13 and Section 16 of Comptroller and Auditor General of India ’s (DPC) Act, 1971 respectively.

The legal framework for audit of State revenue and expenditure are:

Nature of Receipts Acts HOD
Goods and Service Tax, Value Added Tax, Profession Tax GGST Act, CGST Act, IGST Act, GVAT Act, CST Act, Entry Tax Act Chief Commissioner of State Tax
Stamp Duty Indian Stamp Act 1899, Bombay Stamp Act 1958, Indian Registration Act 1908 Inspector General of Registration and Superintendent of Stamps

State Finance Report


Revenue Sector Audit

  • The Gujarat Goods and Services Tax Act, 2017
  • The Integrated Goods and Services Tax Act, 2017
  • Th Central Goods and Services Tax Act, 2017 
  • The Goods and Services Tax (Compensation to States) Act, 2017
  • The Gujarat Value Added Tax Act, 2003
  • The Gujarat Entry Tax Act, 2001
  • The Revenue Audit Manual 2015

Certification and Compliance audit of E&P Department

  • Companies Act, 2013
  • The Electricity Act 2003
  • Ind AS and Accounting Standards
  • Regulations issued by PNGRB
  • Regulations issued by CERC and GERC
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