Audit Reports

The work of stage set up. hiring of water tank, providing general lighting etc. for the ceremony was verbally awarded to M/s Modem Stage Services Pvt. Ltd. (Contractor) at a cost of ^ 55.05 lakh. The Contractor started the work (February 2008) as per directions of the Council and demanded 50......

38 of 2010-11 mouthpiece of local community. Accordingly, the Director General, All India Radio (DG, AIR), New Delhi proposed (September 1997) to establish an LRS at Dharmapuri which included, inter alia, a multi-purpose studio, a 10 Kilo- Watt FM3 transmitter and staff quarters (10 numbers).......

Moreover, the recommendation of the General Manager (Ops.) to fix responsibility for lapses occurred in this respect also strengthened the audit observation. Had the timely action been taken by KoPT, the loss on account of extra expenditure of? 70.24 lakh could have been avoided. The matter......

New Delhi (ROY MATHRANI) Dated Director General of Audit, Central Expenditure COUNTERSIGNED New Delhi (VINOD RAI) Dated Comptroller and Auditor General of India 53......

The results of test audit of the financial transactions of the Central autonomous bodies under the various provisions of the Comptroller and Auditor General's (Duties. Powers and Conditions of Service) Act, 1971 are set out in this Report. This Report includes 34 paragraphs. The audited......

Report No. 38 of 2010-11 --- OVERVIEW General Annual accounts of autonomous bodies In 2009-10. there were 315 central autonomous bodies whose accounts were to be certified under Section......

affected by an entity’s management and is designed to address risk and to provide reasonable assurance that in pursuit of the entity's mission, the general objectives are achieved. One of the objectives of internal control is to safeguard resources against loss, misuse and damage. During the......

Report -No.38 of 2010-11 APPENDIX - I (Referred to in paragraph 1.1.1) Grants/loans released from 2005-06 to 2009-10 to Central autonomous bodies audited under Sections 19(2) and 20(1) of CAG’s (DPC) Act, 1971 (' in lakh) Sl. Ministry/Department/ ...

Indian Institute of Management, Bangalore 13. Indian Institute of Science, Bangalore 14. Coffee Board, Pool Fund, Bangalore 15. Coffee Board General Fund, Bangalore 16. Karnataka Biodiversity Board, Bangalore 17. National Institute of Sidha, Chennai 18. Pondicherry University, Pondicherry......

Accounts are signed both by the Chairman, Railway Board and by the Financial Commissioner, Railways and transmitted to the Comptroller and Auditor General of India for audit. Audit by the Comptroller and Auditor General of India seeks to ascertain whether the expenditure actually incurred under......

notes to the major items of its assets, liabilities, revenue and expenditure except the Statement of Block Assets (including capital advanced from general budget) 3.30 Limitations and Weaknesses ofiBalance Sheet ofIR A balance sheet is a statement of financial position of the organization......

CONCOR was set up in 1988, to provide high- quality, cost-effective logistics services. It is a Multimodal Logistics Organization moving the general cargo through sea and land in the containers and provides door-to-door service to its customers. In addition to providing inland transport by......

From 1 April 1950, a separate Railway Budget is being presented to the Parliament prior to presentation of the General Budget every year. Though the Railway Budget is presented to Parliament separately, the figures relating to the receipts and expenditure of IR are also shown in the General......

2 J Revenue - Miscellaneous Expenditure (General) | Voted 579,76,48,000 579,76,48,000 538,34,25,020 -41,42,22,980 3 | Revenue - Working Expenses - General Superintendence and Services \ Charged 148,000 148,000 148,000 148,000 1,48,000 \ Voted 4405,81,10,000 4405,81,10,000 4405,81,10,000......

Dividend Under the 'Separation Convention' IR is required to pay dividend to the general revenues on the capital advanced by the Gol at a rate determined periodically by RCC. Extra Budgetary Resources ofIR other than general budget support and Resources internally generated resources Gross......

In the past, Reports of the Comptroller and Auditor General of India had been commenting upon the Indian Railways (IR) finances as a part of the Railway Audit Report on Compliance Issues. In recognition of the need to sharpen focus on finances, a stand-alone report has been attempted this......

Limited BSCL Burn Statndard Company Limited BWECL Bharat Wagon and Engineering Company Limited CA Compliance Audit CAG Comptroller and Auditor General of India CAGR Compound Annual Growth Rate CF Capital Fund CONCOR Container Corporation of India Limited CORE Central Organisation for......

Report No. 24 of 2010-11 - Union Government (Indirect Taxes - Customs) CHAPTER III GENERAL EXEMPTION NOTIFICATIONS The Government under section 25 (1) of the Customs Act, 1962 is empowered to exempt either absolutely or subject to......

Report No. 24 of 2010-11 - Union Government (Indirect Taxes - Customs) CHAPTER I CUSTOMS RECEIPTS 1.1 Results of audit This Report contains 22 audit paragraphs, featured individually or grouped together, with revenue implication of? 46.91 crore. We ...

/Paragraphs 2.1 to 2.5} Chapter III: General exemption notifications Duty of 4.06 crore was short levied due to incorrect application of exemption notifications. {Paragraphs 3.1 to 3.4} Report No. 24 of 2010-11 --- Union Government (Indirect taxes - Customs) Chapter IV: Duty......

Report No. 24 of 2010-11 - Union Government (Indirect Taxes - Customs) CHAPTER I CUSTOMS RECEIPTS 1.1 Results of audit This Report contains 22 audit paragraphs, featured individually or grouped together, with revenue implication of? 46.91 crore. We ...

New Delhi (SUBIR MALLICK) Dated : Principal Director (Indirect Taxes) Countersigned New Delhi (VINOD RAI) Dated : Comptroller and Auditor General of India 22......

Accordingly, the central duties had generally kept steady pace with the value of output except for 2008- 09 and 2009-10 when there was reduced growth in receipts compared to 2007- OS and 2008-09. 1.4 Central excise receipts \is-a-\is cenvat credit utilised A comparative statement showing the......

In the case of M/s Nava Bharat Ferro Alloys Ltd., the Tribunal held {2004 (174) ELT 375} that (i) HR coils, channels, plates and hard plates are general purpose items having multifarious use and are not covered by the definition of capital goods and (ii) columns of heavy fabricated structures......

substantial revenue into Non-Public Fund (NPF) inter alia was commented upon in paragraph 18.5.1 (a) of the Report of the Comptroller & Auditor General of India for the year ended 31 March 1996. Further, during the last 15 years, various authorities like the CGDA6. Joint Secretary (APO&W7)......

In general, GTRE has sought technical opinion on various aspects of design, manufacturing and testing from various foreign agencies. For instance, Snecma of France has been involved in the Project since very inception in various Critical Design Reviews (CDR) and have been paid Rs 4.07 crore......

the Reconnaissance System with the delivery of the last batch of ten Su-30 aircraft in Paragraph 1.4.1.2 of the Report of the Comptroller and Auditor General of India, No.4 of 2006 (Performance Audit). 41 Report No. 16 of 2010 -11 (Air Force and Navy) for Proposal for this equipment to seven......

Audit of Revenue Receipts - Direct Taxes of the Union Government is conducted under section 16 of the Comptroller and Auditor General of India (Duties, Powers and Conditions of Service) Act, 1971. The Report presents the results of audit of receipts under direct taxes comprising Corporation Tax,......

involving short levy of tax of? 5.8 crore. 2.6 Non-production of records Under section 16 of the Comptroller and Auditor General's (Duties, Powers and Conditions of Service) Act 1971, assessment records are scrutinized in revenue audit with a view to securing an effective check on the......

Ltd. Kolkata Central- 1998-99 to Business loss was allowed to 360.5 Ill 2001-02 be set off even after expiry of eight years. 21 ICICI Lombard General Mumbai-X 2004-05 The assessee company made 210.9 Insurance Company payment to foreign Ltd. companies but TDS was not made. 22 Indian Oil......

Paragraph 3.2 Infructuous expenditure of Rs. 6.10 crore on procurement and non-utilisation of Hansa Trainer Aircraft Director General of Civil Aviation (DGCA) procured 11 Hansa trainer aircraft from National Aerospace Laboratories (NAL) at the cost of Rs. 6.10 crore for allotment to......

In addition DoPT and Department of Expenditure were asked to accordingly modify the general guidelines for domestic and overseas travel. Since then, each year the Department of Expenditure has consistently stressed on the need to effect economy in foreign travel. An audit review was......

Report No. 9 of 2010-11 --- CHAPTER XVII: MINISTRY OF WATER RESOURCES Farakka Barrage Project 17.1 Non-recovery of license fee The General Manager, Farakka Barrage Project, disregarded the Ministry’s directive while fixing the license fee at flat rates and allowed deduction at......

Audits are conducted on behalf of the Comptroller and Auditor General as per the Auditing Standards1 approved by him. These standards prescribe the norms which die auditors are expected to follow in conduct of audit, and require reporting on individual cases of non-compliancc and abuse, as......

External Affairs (MEA) is the administrative Ministry vested with the responsibility of making overall arrangement for Haj affairs, and the Consulate General of India, Jeddah is the nodal agency for arrangements for Haj pilgrims sponsored by the Haj Committee of India (HCOI). The HCOI,......

Report No. 9 of 2010-11 CHAPTER XVIII: GENERAL 18.1 Follow up on Audit Reports - Summarised Position Despite repeated instructions/recommendations of the Public Accounts Committee,......

/ s *\ CHAPTER IV : MINISTRY OF COMMERCE AND INDUSTRY \_y Department of Commerce 4.1 Short levy of departmental charges by DGS&D The Directorate General of Supplies & Disposals (DGS&D) failed to implement the increased rate of departmental charges for the services rendered for purchases and......

to include warranty clause in the agreement was also detrimental to safeguarding its interests and also violated Clause (xvii) of Rule 204 of General Financial Rules, 2005. The Ministry admitted in December 2009 that only about one third of the requisite data had been migrated. It also......

In view of the acute shortage of General Pool Office Accommodation, in March 1999, the Ministry considered that it may not be desirable to make any further allotments of office accommodation to non-entitled categories, and revised the market rate of license fee payable by the existing......

education, bringing about integrated development of marketing of agricultural produce, safeguards the economic interests of the farming community in general, and formulating policies for improving agricultural extension services by adopting new institutional arrangements through the involvement......

The first phase of SELO was implemented by networking of 114 CRPF offices from the level of office of the Director General to the Group Centre (GC) offices under Deputy Inspectors General situated at 64 different locations over WAN through leased line connectivity in five stages. MHA1 1......

Further, in contravention of the General Financial Rules, the DC (H) released more grants to 161 organisations, despite non-receipt of UCs for the previous years, resulting in accumulation of outstanding UCs of Rs. 46.23 crore._ The General Financial Rules' stipulate that for any......

Further all Payments made should be based on sanction orders signed by competent authorities. As per General Financial Rules control over expenditure shall be exercised through the Heads of Departments and other Controlling Officers, if any, and Disbursing Officers subordinate to them. The......

5.25 crore remaining outside the Government Accounts, causing a loss of interest of Rs. 23.46 lakh._ General Financial Rules (GFRs) provide that a Grant or Appropriation shall be utilized to cover the charges (including the liabilities, if any, of the past year) which are to be paid during the......

were not utilized for the purposes for which these were sanctioned, they were liable to be refunded with interest at the rate prescribed in the General Financial Rules. However, out of the 1165 units, BMTPC could not undertake the construction of 600 units with an estimated cost of Rs. 2.55......

but only Rs 1.91 crore was accounted for in the cash book of the centre, and the balance amount of Rs 0.78 crore was irregularly retained in the General Fund of the implementing agency, outside the IID centre’s account. Similarly, the implementing agency received Rs 0.41 crore as lease /......

Jetty at Luhnu not constructed Jetty at Jeoripattan not constructed In response to an audit query by the Pr. Accountant General (Audit), Himachal Pradesh, in August 2007, regarding non-completion of project, the State Government intimated (January 2008) that all nine small jetties had been......

(OFB) functions under the administrative control of the Department of Defence Production of the Ministry of Defence and is headed by the Director General, Ordnance Factories. There are 39 factories 18 divided into five products based Operating Groups as given below: SI. No. Name of Group......

In the General Staff Evaluation (GSE) of the trials, the Director General Quality Assurance (DGQA) (L) observed that electronic components should be able to function in operating environment specification of minus 40°C to plus 50°C. However, the maximum temperature recorded during trials was......

by the vendor._ Army Headquarter had issued instructions in March 2003 which necessitated pre-despatch inspection (PDI) by the Directorate General of Quality Assurance (DGQA) or ultimate consignee in the contracts for spares valuing more than Rs 3 crore. These instructions were not......

Ordnance Factory Board (OFB) functions under the administrative control of the Department of Defence Production and is headed by Director General, Ordnance Factories. 39 factories are responsible for production and supply of Ordnance stores to the Armed Forces. 1.3 Integrated Financial Advice and......

The Director General Ordnance Services (DGOS) however carried out provisioning of AK-47 rifles against its UE of 44327 whereas for provisioning of ammunition for those rifles the UE was reckoned as 124012. The anomaly resulted in excess provisioning of 234.23 lakh rounds of ammunition......

Misuse of financial powers by General-Officer-Commanding-in-Chief Western Command for purchase of golf carts had been commented upon in paragraph 3.6 of the Report No. CA 17 of 2008-09 of the Comptroller and Auditor General of India. Similarly, paragraph 2.7 of the same Report had......

However, Army HQ did not intimate the consignee details to DRDE. In response to a request by DRDE, Army HQ (Additional Director General Weapons and Equipment) advised them in February 2006 to obtain consignee details from Dy. Director General Perspective Planning (Nuclear Biological and......

18 of 2005 Standalone Performance Audit of the (Performance Audit) Report** Directorate General of Quality Assurance 46 No.3 of 2006 Chapter I** Working of Border Roads (Performance Audit) Organisation 47. No. 4 of 2006 2.2* Loss of revenue of Rs 2.33 crore for not organizing auction of sand......

Report No. 2 of 2010-11 \ CHAPTER III CORPORATE GOVERNANCE WATCH V J 3.1 Corporate Governance Corporate Governance generally refers to practices by which organisations are directed, controlled and held to account. The absence of good governance structure or the......

SBI General Insurance Company Limited 2009-10 150.00 0.00 0.00 0.00 0.00 111.00 39.00 10.99 642.11 -0.18 -9.54 1.45 -10.99 0.00 47. SBI Global Factors Limited 2007-08 97.14 0.00 0.00 0.00 0.00 97.14 0.00 0.00 253.43 305.58 113.27 39.70 73.57 12.71 2008-09 107.14 0.00 0.00 0.00 0.00 107.14 0.00......

of the Companies Act, 1956, the annual audited accounts of every company for the financial year are to be laid before the shareholders at its Annual General Meeting (AGM) to be held each year. According to Section 224 of the Companies Act, 1956 the statutory auditor holds office from the......

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 statutory corporations. This Report deals with......

as also other undertakings of the government set up under the statutes of the Parliament, where the audit is entrusted to Comptroller and Auditor General of India (CAG). This Report is important because CPSUs contributed approximately to one-third of the Gross Domestic Product in India in......

2008-09 10735.62 344.93 10039.00 136.29 696.62 208.64 2009-10 12045.53 92.55 11890.40 44.60 155.13 47.95 Surrender of savings 8.3 Rule 56 (2) of the General Financial Rules provides that savings in a grant or appropriation are to be surrendered to the Government as soon as these are foreseen,......

3053-Civil Aviation 1080.95 1126.70 96 10. 3275-Other Communication Services 2891.36 5315.01 54 11. 3475-Other General Economic Services 211.24 401.06 53 12. 4070-Capital outlay on other Administrative Services 62.30 65.58 95 13. 4211-Capital Outlay on Family Welfare 1.59 1.59 100 14.......

Further, General Financial Rule (GFR) 52(3) stipulates that no disbursements be made which might have the effect of exceeding the total grant or appropriation authorised by Parliament for a financial year except after obtaining a supplementary grant or an advance from the Contingency Fund. Table......

The fall in share was considerable in the current year due to the general slow down in the economy. Growth in revenue receipts picked up from less than 2 per cent in the previous year to almost 7 per cent in the current year indicating that the recession had bottomed out. Further analysis of......

Union Government Finances and Accounts: 2009-10 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......

6.2 The Controller General of Accounts (CGA) prepares the Appropriation Accounts in respect of 98 grants and appropriations of Civil Ministries. The Ministries of Defence, Railways and the Department of Posts prepare the Appropriation Accounts of their respective grants. The Comptroller and......

For these reasons, revenue deficit is considered generally less desirable. Trends in revenue deficit and some of its key parameters are indicated in Table 5.4. Table 5.4: Revenue Deficit and its parameters (f in crore) Revenue Revenue Revenue Revenue Deficit as per cent of Period Receipt......