Audit Reports

(Paragraph 1.3 .1) Goods and Services Tax (GST) : GoTN implemented the GST Act with effect from 1 July 2017. According to GST (Compensation to the Stats) Act 2017, Central Government will compensate the States for loss of revenue arising on account of implementation of GST for a period of five...

to be included under the head of account ‘1601 -08 ’ for classification of ‘Compensation for loss of revenue arising out of implementation of GST ’. GoTN, however, accounted the compensation of ` 632 crore received by the State under the minor head ‘ 110 - Grants to cover up gap in...

for the year ended March 201 8 138 Abbreviations Full form GoI Government of India GoTN Government of Tamil Nadu GSDP Gross State Domestic Product GST Goods and Services Tax HDI Human Development Index JICA Japan International Co -operation Agency JnNURM Jawaharlal Nehru National Urban Renewal...

health 195 195 174 -21 -21 -10.87 -10.87 Family Welfare 52 15 9 -42 -6 -82.03 -38.07 Water supply and sanitation 21 9 1 -20 -8 -94.86 -88.00 12 GST implemented from 1 July 2017, hence no BE figures 13 GST implemented from 1 July 2017, hence figures revised later on Appendices 89 State...

Report \bo. 11 of \f019 (Indirect Taxes – Goods and Services Tax) 1 Chapter I : Imp\fementation o\b GST This chapter \bives a\f overview of the features of t he Goods a\fd Services Tax (GST) i\fcludi\f\b GST retur\fs mecha\fism a\fd the statu s of...

Report \bo. 11 of \f019 (Indirect Taxes – Goods and Services Tax) 85 Chapter IV : Comp\fiance Audit o\b GST The i\fsta\fces me\ftio\fed i\f this Report are those wh ich came to \fotice i\f the course of test audit co\fducted duri\f\b the period 20...

11 of \f019 (Indirect Taxes – Goods and Services Tax) 25 Chapter II : Revenue and return \bi\fing trends This chapter deals with the a\falysis of GST reve\fue of the Gover\fme\ft of I\fdia, accou\fti\f\b of IGST a\fd the retur\f fili\f\b tre \fds. 2.1 Revenue trend 2.1.1 Overall resources o\f...

11 of \f019 (Indirect Taxes – Goods and Services Tax) iii Executive Summary Chapter I : Imp\fementation o\b Goods and Services Ta x (GST) GST was rolled out with effect from 1 July 2017 wit h the objectives of reduci\f\b tax cascadi\f\b, usheri\f\b i\f a commo\f market for \boods a\fd...

Tab\fe o\b Contents Contents Page Pre\bace i Executive summary iii Chapter I : Imp\fementation o\b GST 1-23 1.1 Back\brou\fd of GST 1 1.2 Co\fcept of GST 1 1.3 Key le\bislatio\fs 3 1.4 New factors i\f GST 3 1.5 Ce\ftral Admi\fistrative Structure 7...

APPENDICES Report \bo. 11 of \f019 (Indirect Taxes – Goods and Services Tax) 109 Appendix-I : GST rates on goods and services (Re\berence : Paragraph 1.6.2 (b)) GST rates on goo\bs S\fab Indicative items 0 per ce\ft Food \brai\fs, Cereals,...

The ma\b\fitude of the tax reform that GST has bee\f, ca\f\fot be over-stated. Elsewhere i\f the Report it has bee\f \foted that the efforts of all the stakeholders, i\fcludi\f\b the busi\fesses, i\f tra\fsiti \f\b to this system are appreciable. That there would be teethi\f\b problems i\f such a...

Mi\fisters ECOM Electro\fic Commerce Operator EOD E\fd of Day EVP Executive Vice Preside\ft E-way Electro\fic way GoI Gover\fme\ft of I\fdia GST Goods a\fd Service Tax GSTIN Goods a\fd Services Tax Ide\ftificatio\f Number GSTN Goods a\fd Service Tax Network GSTR Goods a\fd Services Tax...

-receipt of funds from GoI under central assistance (ii) Less expenditure from State Fund because of rebate in Bhamashah Swasthya Bima Yojana from GST (iii) Post remaining vacant. 7 27- Drinking Water Scheme 3,401.13 148.60 3,549.73 3,299.12 250.61 (7.1) (i) Post remaining vacant (ii)...

(Paragraph 2.4.5)  It was found that 92 per cent of the dealers registered under the pre -GST regime were primary enrolled under the GST Act but 80 per cent of these dealers completed the migration process and were finally registered under GST. (Paragraph 2.4. 8.1)  Monthly returns...

5 New Head: Add ition due to implementation of GST from July 2017 by Government of India. 6 Other taxes include taxes on income and expenditure (Taxes on professions, trades, callings and employments) and taxes on immovable property other than agriculture land. Sl. no. Heads of revenue RE Actual...

i Reference to Paragraph Page Preface iii Overview v-x CHAPTER -I : GENERAL Trend of revenue receipts 1.1 1 Analysis of arrears of revenue 1.2 4 Arrears in assessments 1.3 5 Evasion of tax detected by the Department 1.4 5 Pendency of refund cas es...

0.14 0.14 Jaip\br 22 18B 0.14 0.14 0.14 Chennai So\b\fh 23 25A 0.13 0.13 0.05 Bhopal 24 19B 0.13 0.13 0.13 Sec\bndrabad 25 15A 0.11 0.11 Hyderabad GST 26 2B 0.11 0.11 0.11 P\bne I 27 105D 0.11 0.11 0.11 Delhi So\b\fh 28 12B 0.10 0.10 Ahmedabad Nor\fh Rep\brt N\b\f 4 \bf 2019 (Indirect...

Howev er, af\fer excl\bding GST Compensa\fion Cess amo\bn\fing ` 62,612 crore from \fhe GST reven\be, as GST Compensa\fion Cess is no\f par\f of \fhe Consolida\fed F \bnd of India, \fo\fal indirec\f \fax (Cen\fral Excise, Service Tax, GSTT and C\bs\foms) decreased by ` 11,277 crore in FY18 from...

However, wi\fh \fhe implemen\fa\fion of GST regime, \fhe GST por\fal was accordingly being modified \fo cap\f\bre de\fails of \fh e defa\bl\fers/non-filers. 5.6 Detai\fed Scrutiny o\b Returns Revised checklis\fs for de\failed scr\b\finy of Service Tax re\f\brns were iss\bed by \fhe Board...

Chief Commissioners/Chief Commissioners/Pr. Commissioners, Cen\fral GST and C\bs\foms \fo liq\bida\fe \fhe pending cases of S\bpreme Co\br\f/High Co\br\f/CESTAT by way of filing Miscellaneo\bs Applica\fions for early hearing/vaca\fion of s\fay for early disposal of pending cases in a \fime bo\bnd...

of A\bdi\f DGCEI Direc\fora\fe General of Cen\fral Excise In\felligence DGST Direc\for General of Service Tax DLA Direc\fora\fe of Legal Affairs DG GST Direc\for General of Goods and Services Tax DoR Depar\fmen\f of Reven\be DGPM Direc\fora\fe General of Performance Managemen\f DPC D\b\fies...

D\be \fo implemen\fa\fion of GST wi\fh effec\f from 1 J\bl y 2017, Depar\fmen\f \bnderwen\f res\fr\bc\f\bring and \fhe n\bmber of \fhe depar \fmen\fal \bni\fs changed as men\fioned in \fhe Para 1.3 of \fhis Repor\f. 2.2.1 CBIC The Cen\fral Board of Indirec\f Taxes and C\bs\foms, in \fhe...

amo\bn\f of arrears \fo be recov ered, i\f is essen\fial \fha\f \fhe Board specifically foc\bses on legacy iss\bes af\f er \fransi\fion \fo \fhe GST regime. F\br\fher, we worked o\b\f \fhe gross arrears fig\bres of Service Tax and Cen\fral Excise from \fhe TAR mon\fhly repor\fs received from...

The Minis\f ry may ini\fia\fe meas\bres for adj\bdica\fion of pending cases as af\fer implemen \fa\fion of GST, pendency of adj\bdica\fion of legacy cases may lose priori\fy. D\bring o\br a\bdi\f we observed \fhree ins\fances in \fhr ee Commissionera\fes (incl\bded in sec\fion F of...