Audit Reports

CHAR GE@3 % 511.35 Total amount 19,627.11 Total amount 19,602.76 Total amount 19,481.00 Total amount 20,454.00 Total amount 20,326.16 GST @ 18% 3,532.88 GST @ 18% 3,528.50 GST @ 18% 3,506.58 GST @ 18% 3,681.72 GST @ 18% 3,658.71 23,159.99 23,131.25 22,987.58 24,135.72 23,984.87 Wages No . of...

March 2020 50 Upon the claims by Leather Sector Skill Council, th e Company released (December 2017 to March 2018) payment of ` 6.58 crore (including GST of ` 1.01 crore) towards first instalment of 30 per cent of total cost in respect of 13,670 candidates. Payment in respect of 1,333 cand idates...

Urban Local Bodies made an excess payment of ` 1.15 crore for services by a professional services provider on account of inadmissible service tax/ GST, professional fee and by not reducing the remuneration on substitution of personnel. (Paragraph 2. 7) Public Health Engineering Department Extra...

2,326.62 2,843.09 2,851.99 Finance Commission Grants - - 1,316.68 1,274.26 2,005.74 Compensation for Loss of Revenue arising out of implementation of GST 1,199.00 2,820.00 5,453.43 Other Transfer/Grants to States - - 342.82 136.19 210.75 Total 6,378.76 (28) 5,677.58 (-11) 5,185.12 (-9) 7,073.54...

Student Ratio GAD : General Architectural Design GATE : Graduate Aptitude Test in Engineering GFR : General Financial Rules GoI : Government of India GST : Goods and Service Tax HEFA : Higher Education Financing Agency, a joint venture company of Canara Bank and Ministry of Education, GoI HoD :...

After introduction of GST w.e.f. 1 July 2017, the Additional Duty and SAD on import of all commodities, except petroleum products and spirits, have been subsumed and replaced by integrated tax (IGST). Department of Revenue under Ministry of Finance is responsible for administration of Direct and...

Act FOB Free on Board FTP Foreign Trade Policy FTDR Act Foreign Trade (Development and Regulation) Act FY Financial Year GDP Gross Domestic Product GST Goods and Services Tax GTR Gross Tax Revenue HBP Hand Book of Procedures HSN Harmonized System of Nomenclature ICD Inland Container Depot...

Report No.18 of 2021- Union Government (Indirect Taxes-Customs) 17 Report No.18 of 2021- Union Government (Indirect Taxes-Customs) 17 CHAPTER II 2.1 Authority of the CAG for audit of receipts 2.1.1 Section 16 of the CAG’s DPC Act, 1971 authorizes...

After introduction of GST w.e.f. 1 st July 2017, Seaweed attracts the IGST at the rate of 5 per cent (Notfn. 1/2017-Integrated Tax (Rate), Sch. I, Sl. No.74) instead of CVD and ACD. As per HSN, Heading 1212 covers all seaweeds and algae, whether or not edible. These seaweeds may be fresh,...

M/s AX Pvt. Ltd., an EOU under GST & CE Range V, Division II (Padra), Vadodara I Commisisonerate, had cleared 43 types of items in DTA during the period 2014-15 to 2016-17. Audit co-related DTA clearance and exports of all these items (involving total value of 33.57 crore) and pointed out an...

24 The factory was leased out (August 2019) for a monthly lease rent of `85,000 p lus GST. \ \ \ 23 Upfront premium of ` `` ` 98 lakh was paid in March 2008 and additional payments of ` `` ` 8 lakh (March 2012) & ` `` ` 25 lakh (March 2014) were made. 24 ` `` ` 8.60 crore as on 31 March...

Chennai Port Trust, Chennai A. Sundry Debtors: ` ` ` ` 141.70 crore A bove does not include Estate Rental dues of `24.24 crore (including GST) pending from v arious departments/ organisations towards allotment of office building. This has resulted in understatement of Sundry Debtors and...

3.2.3.1 Incorrect consideration of GST/Commissio n/IGST amount towards FOB value Two AH under RA Mumbai achieved EO in terms of quantity as well as value in respect of three AAs, by supplying to 100 per cent EOUs. It was however seen that invoice values counted towards FOB included ineligible...

Non -inclusion of value of indigenous supplies, incorrect consideration of GST/Commission/IGST amount and non -declaration of actual imports by AHs were obs erved in audit , which is fraught with the risk of diversion of duty free imports as well as misuse of the scheme. RAs may ascertain the...

of Indian Exports Organisation FOB Free on Board FOR Freight On Road FTDR Foreign Trade Development and Regulation FTP Foreign Trade Policy GST Goods and Services Tax xiv Report No.10 of 2021 (Performance Audit) Report No.10 of 2021 (Performance Audit) xii Abbreviation Expanded Form HBP...

SECL while accepting the facts stated (December 2020) that the major delay occurred in the initial years due to procedural delays, implementation of GST and subsequent clarifications from CISF. However, at present there was no case of delayed \ \ \ 3 March 2005 to November 2018 4 June 2010 to...

whether Anti Dumping Duty is applicable for procurement of premium casing pipes, Steel Policy Notification in May 2017, implementation of GST with effect from July 2017 and a Court case in a writ petition filed by M/s Hunting Energy Services Private Limited in Delhi High Court.  It...

INDUSTRY CLUSTER Report No. 14 of 2021 35 CHAPTER IV: MINISTRY OF FINANCE (Department of Financial Services) \001 India Infrastructure Finance Company Limited 4.1 Doubtful recovery of loan and interest India Infrastrucutre Finance Company Limited,...

No court case was filed for refund of service tax and AAI had only approached the Assistant Commissioner, GST for refund in January 2021. Further, their response that refund claim is maintainable in the court of law is also not tenable as court judgements have upheld the statutory time limit...

Coalfields Limited Non recovery of loss from contractor on account of slippage of grade of coal 216.31 194.00 Coal NLC India limited Non levy of GST on Blasting charges 154.00 102.00 Coal Northern Coalfield Limited Excess payment on account of transit fee to Forest Department 1874.29 705.11...

APPENDICES 97 Appendix 1.1 State Profile (Reference: Paragraph 1.1; Page 1) State Profile A. General Data Sr. No. Particulars Figures 1 Area 44,212 sq. km. 2 Population a As per 2001 Census 2.11 crore b As per 2011 Census 2.54 crore 3 Density of...