Audit Reports

18 July 2014

Compliance

Report No. 10 of 2014 - Compliance Audit on Direct Taxes Union Government, Department of Revenue

This Report discusses trends, composition and systemic issues in direct taxes using data from Finance Accounts, departmental accounts, departmental MIS and findings of compliance audit.Gross tax receipts (GTR) of Union Government in FY 2012-13 was...

Sector:

Taxes and Duties

Appendices

_{(PDF 16.42 MB)}

Report No. 10 of 2014 (Direct Taxes) Appendix 1 (Reference: paragraph 1.2.3) Details of Tax Administration (^ in crore) 1. Collection44 2008-09 2009-10 2010-11 2011-12 2012-13 i) Corporate Tax 2,13,395 2,44,725 2,98,688 3,22,816 3,56,326 ii) Income ...

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20 December 2011

Performance

Report No. 25 of 2011 - Performance Audit of Central Excise and Service Tax Union Government, Department of -Indirect Taxes (Working of Commissionerates, Divisions and Ranges)

We conducted a performance audit on working of Commissionerates. Divisions and Ranges. Our sample comprised 46 commissionerates, 95 divisions and 204 ranges. We evaluated whether the measures to broaden the sen ice tax base, the monitoring mechanism ...

Sector:

Taxes and Duties

Chapter 1 – Introduction

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Report No. 25 of 2011-12 (Indirect Taxes - Central Excise and Service Tax) 1.1 Introduction The levy, assessment and collection of central excise duties and service tax are administered by the Central Board of Excise & Customs (CBEC), which is a...

Chapter 2 - Broadening of tax base

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Report No. 25 of 2011-12 (Indirect Taxes - Central Excise and Service Tax) CHAPTER II - BROADENING OF TAX BASE 2.1 Introduction Broadening of tax base is necessary to ensure growth of revenue. With increasing reliance on voluntary compliance, it...

Glossary of terms and abbreviations

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Report No. 25 of 2011-12 (Indirect Taxes - Central Excise and Service Tax) Glossary of terms and abbreviations Abbreviated form Expanded form AC Assistant Commissioner ACES Automation of Central Excise and Service Tax ADC Additional Commissioner...

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23 August 2011

Performance

Report No. 14 of 2011 - Performance Audit on Security Management in Indian Railways Union Government, Railways

Incidents of sabotage on the Indian Railways (IR) have increased in frequency and intensity in the last five years. This along with frequent disruptions in rail traffic during agitations has seriously affected the public's faith in the Railway...

Sector:

Transport & Infrastructure

Chapter – 3 Protection of passengers and their belongings including strategy to control crime

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Security Management in Indian Railways Chapter 3 Protection of Passengers and their belongings including Strategy to Control Crime The most important aspect of any security strategy is to ensure the safety and security of its passengers. The...

Chapter – 2 Adequacy of the follow-up action on the Audit Report and legal provisions governing the security agencies

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Security Management in Indian Railways Chapter 2 Adequacy of the Follow-up action on the Audit Report and legal provisions governing the security agencies Government of India is responsible for the Railway system as the Railways are included in the ...

Executive Summary, Major Audit Findings, Gist of recommendations

_{(PDF 0.11 MB)}

Security Management in Indian Railway EXECUTIVE SUMMARY I Security Scenario on Indian Railways Incidents of sabotage on the Indian Railways (IR) have increased infrequency and intensity in the last five years. This along with frequent disruptions...

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23 August 2011

Performance

Report No. 15 of 2011 - Performance Audit of Service Tax on Banking and other Financial Services and Duty Drawback Scheme Union Government, Department of -Indirect Taxes

This section contains a performance audit of Service Tax on 'Banking and other Financial Services'. We conducted a performance audit to evaluate the adequacy of provisions of the Finance Act, 1994, Service Tax Rules and related instructions in...

Sector:

Taxes and Duties

Section – 2 Customs

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r \ Section 2 - Customs V_) Report No. 15 of 2011-12 (Indirect Taxes - Service Tax and Customs) 2.1.1 Duty Drawback: A brief introduction Duty Drawback is a duty neutralization scheme designed to promote exports. It seeks to compensate all...

Glossary

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Report No. 15 of 2011-12 (Indirect Taxes - Service Tax and Customs) Glossary of terms and abbreviations Abbreviated form Expanded form ATM Automated teller machine BFN Banking and other financial services BSNL Bharat Sanchar Nigam Limited CBEC...

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01 August 2014

Compliance

Report No. 17 of 2014 - Union Government, Communications and IT Sector

This Report contains significant audit findings which arose from the compliance audit of the financial transactions of the Ministry of Communications and Information Technology. It contains six chapters. Chapter I gives a brief introduction of the...

Sector:

Information and Communication

Audit Report of Ministry of Communications & IT

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Report No. 17 of 2014 r~ CHAPTER-III DEPARTMENT OF POSTS 3.1 Internal Control in Postal Accounts Offices of Department of Posts (DoP) 3.1.1 Introduction Department of Posts (DoP) has a network of more than 1.54 lakh Post Offices throughout the...

Audit Report of Ministry of Communications & IT

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Report No. 17 of 2014 CHAPTER-II DEPARTMENT OF TELECOMMUNICATIONS 2.1 Subscriber verification by Telecom Service Providers 2.1.1 Introduction Over the last two decades, telecom sector has seen a phenomenal growth especially in the mobile segment....

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16 December 2011

Performance

Report No. 23 of 2011 - Performance Audit of Recovery of Arrears of Tax Demand

Direct tax collections, amounting to RS 4.35 lakh crore accounted for three-fourth of revenue receipts of the Government of India in 2009-10. At the same time the uncollected portion of tax demand was RS 2.29 lakh crore in March 2010 equivalent to...

Sector:

Taxes and Duties

Chapter 3 – Tax Recovery Mechanism and Internal Control

_{(PDF 16.63 MB)}

Report No. 23 of 2011-12 (Performance Audit) CHAPTER 3 Tax Recovery Mechanism and Internal Controls The Tax Recovery Officer is the main functionary responsible for recovery of arrears of tax demand after the details of arrear demand are...

Chapter – 5 Follow up and Disposal of arrears

_{(PDF 15.8 MB)}

Report No. 23 of 2011-12 (Performance Audit) CHAPTER 5 Follow up and disposal of arrears Follow up and disposal of cases in arrears is less than the prescribed targets. Majority of the cases were disposed off while giving effect to Appellate...

Appendix

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Report No. 23 of 2011-12 (Performance Audit) Appendix-1 (Reference: Paragraph 1.9) Criteria for Selection of Units and of cases Tier-1: Selection of units Percentage For Metro charges a) Category of units Company Circles/Wards 40%...

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05 August 2011

Performance

Report No. 7 of 2011 - Performance Audit on Role and Functioning of Indian Coast guard

India is a major maritime nation with vital economic and security interests linked to the seas. Establishment of the Indian Coast Guard as a new service in August 1978 was the result of an awareness in the Government of India for the...

Sector:

Defence and National Security

Chapter 1 – Indian Coast Guard – An Overview

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CHAPTER 1 Indian Coast Guard -An Overview 1.1 Introduction The Indian Coast Guard (ICG) is a maritime armed force operating under the Ministry of Defence. Formally constituted in August 1978 under the Coast Guard Act 1978, the ICG is mandated to...

Executive Summary

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Executive Summary Background India is a major maritime nation with vital economic and security interests linked to the seas. Establishment of the Indian Coast Guard as a new service in August 1978 was the result of an awareness in the Government of...

Chapter 5 – Patrolling and Security Issues

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CHAPTER 5 Patrolling and Security Issues 5.1 Introduction The responsibilities of the Indian Coast Guard (ICG), when formed in 1978, were in line with the issues perceived to be relevant then. Its principal tasks were to protect the national...

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23 August 2011

Performance

Report No. 12 of 2011-12 - Performance Audit of Business of Civil Construction

The construction industry has emerged as an important driver of India's economic growth - both in terms of its share of GDP and its contribution towards employment generation. A number of tax concessions are given to entities in this sector. An...

Sector:

Taxes and Duties

Chapter 3 – Internal Controls

_{(PDF 1.57 MB)}

CHAPTER 3 INTERNAL CONTROLS • Database of assessees and the Central Information Branch • Selection for scrutiny • Incorrect Certification by Chartered Accountants • Recommendations Report No. 12 of 2011-12 (Performance Audit) CHAPTER 3...

Chapter 4 - Information Sharing and Scrutiny

_{(PDF 1.18 MB)}

CHAPTER 4 INFORMATION SHARING AND SCRUTINY • Information sharing and cross verification • Lack of cross verification • Recommendations Report No. 12 of 2011-12 (Performance Audit) CHAPTER4 INFORMATION SHARING AND SCRUTINY Information and...

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01 August 2014

Compliance

Report No. 12 of 2014 - Compliance Audit on indirect Taxes Union Government, Department of Revenue Customs

The Customs Compliance Report has been chapters comprisisng 139 paragraphs with revenue implication of Rs. 1832.41 crore., Of these, in respect of 84 paragraphs, involving money value of Rs. 39.67 crore, the department/Ministry had taken...

Sector:

Taxes and Duties

Chapter 1 - Customs Revenue

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Report No.12 of 2014 - Union Government (Indirect Taxes - Customs) Chapter I Department of Revenue -Customs Revenue 1.1 Resources of the Union Government The Government of India's resources include all revenues received by the Union Government, all ...

Chapter 7 - Thematic Audit

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Report No.12 of 2014 - Union Government (Indirect Taxes - Customs) Chapter VII Thematic audit A. Disposal of seized and confiscated goods 7.1. Introduction Section 110 of the Customs Act, 1962 stipulates that an officer of Customs could seize any...

Chapter 4 - Assessment of Customs Revenue

_{(PDF 0.16 MB)}

Report No.12 of 2014 - Union Government (Indirect Taxes - Customs) CHAPTER -IV ASSESSMENT OF CUSTOMS REVENUE W found from test check (June 2011 to March 2013) of records for the period April 2008 to February 2013, a few cases of incorrect...

Glossary of terms and Abbreviations

_{(PDF 0.05 MB)}

Report No.12 of 2014 - Union Government (Indirect taxes - Customs) Glossary of terms and abbreviations Expanded form Abbreviation Air Cargo Complex ACC Advance release order ARO Anti Dumping Duty ADD Aayaat Niryaat Form ANF Bank Guarantee BG Basic...

Chapter 5 - Miss-Classification of Goods

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Report No.12 of 2014 - Union Government (Indirect Taxes - Customs) CHAPTER V MIS-CLASSIFICATION OF GOODS During test check (July 2009 to August 2013) of records for the period February 2009 to March 2013, we noticed that assessing officers...

Chapter 6 - Managemen tof Narcotic substances (Department of Revenue)

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Report No.12 of 2014 - Union Government (Indirect Taxes - Customs) CHAPTER VI Management of Narcotic substances (Department of Revenue) 6.1 Introduction The use of opium in the country could be traced back as far as 1000 AD where it finds mention...

Appendices

_{(PDF 0.59 MB)}

APPENDICES GOVERNMENT OF INDIA Report No.12 of 2014 - Union Government (Indirect Taxes - Customs) Intelligence MOC&I PSUs/EPCs MOF Trade Finance Enforcement DOC DOR Sn . ... ? 1 ? > T3 Ombudsman Trade Policy T3 DGFT n> Division (TPD) / 3 Chairman Q. ...

Chapter 2 - Duty Exemption/Remission Schemes

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Report No.12 of 2014 - Union Government (Indirect Taxes - Customs) CHAPTER II DUTY EXEMPTION/REMISSION SCHEMES The Government may exempt wholly or part of customs duties for import of inputs and capital goods under an export promotion scheme...

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10 May 2012

Performance

Report No. 30 of 2011 – Performance Audit of Revival of Sick Central Public Sector Enterprises

Industrial sickness has far-reaching consequences on the economy of the nation which generally results in substantial loss of revenue to the Government, loss of production and productivity, large-scale unemployment and industrial unrest, undermining ...

Sector:

Finance

Chapter 3 – Legislative framework and its impact on revival of sick CPSEs

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Chapter 3 Legislative framework and its impact on revival of sick CPSEs 3.1 Insolvency framework in India There is no single legislation in India providing for a systematic and cohesive system for rehabilitation and liquidation of enterprises...

Chapter 7 - Conclusion and Recommendations

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Chapter 7 Conclusion and Recommendations Conclusion There is no single legislation in India providing for a systematic and cohesive system for rehabilitation and liquidation of enterprises including CPSEs. A number of legislations and regulations...

Executive Summary

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Executive Summary Background Industrial sickness has far-reaching consequences on the economy of the nation which generally results in substantial loss of revenue to the Government, loss of production and productivity, large-scale unemployment and...

Chapter 4 - Design and Approval of Revival Schemes

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Chapter 4 Design and Approval of Revival Schemes 4.1 Features of Revival schemes The reasons of sickness varied from one CPSE to another. In case of NTC, the cause of sickness was historical as NTC was formed after taking over sick textile units...

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