Audit Reports

The SMERCH Multi Barrel Rocket Launcher System procured from a foreign firm at a cost of Rs 2633 crore could not be fully operationalised for one to three years due to defects in various sub systems, delay in buying the logistics equipments and...

As on 31 March 2010, there were 451 Central Government Public Sector Undertakings (CPSUs) under the audit jurisdiction of the Comptroller and Auditor General of India. These included 329 government companies, 116 deemed government companies and six...

This Report discusses the comments of the Comptroller and Auditor General of India on the accounts of the Union and also analyses the finances of the Union Government for the year 2009-10. It also contains an analysis of the Appropriation Accounts,...

With a view to avoid cascading effect of excise duties, Modvat Credit Scheme was introduced in 1986. This was replaced by the Cenvat Credit Scheme from 1 April 2000. The present Cenvat Credit Scheme, which is operative from 10 September 2004 under...

We conducted a performance audit to evaluate the adequacy of provisions of the Finance Act, 1994, Service Tax Rules and related instructions in ensuring proper levy, assessment and collection of service tax on three construction services viz....

We conducted a performance audit on the levy of customs duty on 'natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof, imitation jewellery, coin (chapter 71 of Customs...

National Remote Sensing Centre (NRSC) is one of the units of Department of Space (DOS). NRSC is the nodal agency for operational remote sensing activities and the sole authority to acquire, process and disseminate the remotely sensed satellite data...

Freight is a profit making business segment of Indian Railways and is the backbone of railway revenues.  Over the years the market share of Indian Railways has been consistently shrinking and railways was losing out to road.Indian Railways laid ...

We conducted a performance audit on levy of excise duty on pharmaceutical products (Chapter 30 of Central Excise Tariff Heading) to evaluate the adequacy of provisions of the Act, Rules and instructions in ensuring proper assessment, collection and...

India, producing more than 1,000 feature films per year, is the largest film producing country in the world. During the period 2005-2009, film production registered a growth of 5 per cent per annum. The film industry registered growth of 9.7 per...