Audit Reports

fails to pay tax, penalty or both, the taxation authority is required to issue a demand notice and take action to recover the amount as arrears of land revenue. If a vehicle owner wants his vehic le off -road for a p articular period, he shall submit the intimation of non -use before the..................

 Failure to renew bank guarantee The standard agreement stipulates that the contract or shall furnish performance security equal to five per cent of contract value or ` 1.00 crore, whichever is less, which can be in the form of Bank Guarantee (BG). The security shall not be refunded before the..................

v Overview This Report contains major findings arising out of Performance and Compliance Audits of various Departments under the Economic Sector of the Government of Madhya Pradesh conducted during 2016- 17...................

This Report contains the following chapters: Chapter-1: General information on functioning of State Public Sector Undertakings (PSUs), Chapter-2: Performance Audit on construction of extra high ten sion (EHT) sub-stations and transmission lines by Madhya Pradesh Power Transmission Company..................

to meet administrative expenses 22 Financial ratios cannot be calculated for non-wor king PSUs or those PSUs whose accounts are in arrears. Performance of PSUs as per their latest finalised a ccounts Chapter-1- Functioning of State Public Sector Undertakings 7 Table No. 1.9: Key Parameters..................

The concessiona ire was required to submit Performance Security of ` 16.05 crore (Clause 9.1) and achieve Financial Closure 16 upto 05 November 2012 (Clause 24.1.1). The project was to be completed within 730 days from the appointed date 17 (13 August 2013). As per the CA, the concessionaire..................

The poor performance of the contractor discussed in paragraph 2.1.22. 132 KV LILO Gwalior- II to Karera line 220 KV Sirmour/ October 2015 132 KV Sirmour-Katra The contractor (M/s Isolux Ingeniria) failed to pro vide material at site and deploy manpower and stopped (April 2016) the work. The..................

3.1.4 Funds deposited in Bank accounts instead of PD account by the Administrator Test check of records (July 2017) of the District C ollector and Land Acquisition Officer (LAO), Shajapur revealed that ` 1.18 crore received in respect of Land Acquisitions were deposited in vari ous bank..................

1.4.7 24 Assets and Liabilities 1.5 24 Growth and composition of assets and liabilities 1.5.1 24 Transactions under reserve funds 1.5.2 24 Debt Management 1.6 28 Debt profile 1.6.1 28 Debt sustainability 1.6.2 29 Ujwal DISCOM Assurance Yojana 1.6.3 30 Follow up 1.7 30 CHAPTER 2 FINANCIAL..................

In view of the above, the performance of the State during 2016-17 under major variables provided in the budget, recommendations o f the Fourteenth Finance Commission (XIV FC) and targeted in the Fiscal Resp onsibility and Budget Management (FRBM) Act as per actuals (excluding UDA Y) and as..................

Taxes on vehicles 2,500 2,252 -248 -9.92 Stamps and Registration fees 4,500 3,925 -575 -12.78 Taxes on Goods and Passenger 4,200 3,805 -395 -9.40 Land Revenue 500 407 -93 -18.60 Other taxes 3,800 3,711 -89 -2.34 Non Tax Revenue 11,482 9,086 -2,396 -20.87 Interest Receipts 273 582 309 113.19..................

A Performance Audit on “Levy and collection of Excise Duty” covering the period 2012 -13 to 2016-17 was also conducted between November 2016 and July 2017. Audi t noticed loss of excise duty and other observations amounting to ` 2,139.75 crore in 8,982 cases, as mentioned in Table 2.1. Table..................

CHAPTER 7 LAND REVENUE 7.1 Tax administration The Revenue Department is headed by the Principal Secretary at the Government level. The Principal Revenue..................

SRs are the registering officers. It is the duty of DRs to guide SRs in their day- to-day function, determine correct market value of land or stamp duty in the cases referred to them by SRs, issue orders to impo se penalty or to make refund and inspect the registration offices. The DR is also..................

5. Audit test-checked records of 392 units relating to commercial tax, state excise, taxes on vehicles, land revenue, stam ps and registration fees, mining receipts and water tax during 2016-17 and observed underassessment/short levy/loss of revenue amountin g to ` 6,270.37 crore in 2,73,032..................

OVERVIEW This Report contains a Performance Audit on “Levy a nd collection of Excise Duty” and three Audits on “Sand mining and environm ental consequences”, “Assessment..................

The succeeding paragraphs 1.6.1 to 1.6.3 discuss th e performance of the Department of Registration and Stamps under revenue Major Head 0030 and cases detected in the course of local audit dur ing the last 10 years and also the cases included in the Audit Reports for the yea rs 2006-07 to..................

The DMOs did not re cover the outstanding amount of royalty as arrears of Land revenue. During the exit conference (November 2017), the Dep artment intimated that out of 22 cases pointed out in audit, in 12 cases, recovery of ` 18.81 crore had been made, and in 10 cases recovery of ` 41.69..................

Water tax for irrigational purposes is levied on the basis of agricultural land (per hecta re) to be irrigated, whereas, for non-irrigation purposes measuring devices are i nstalled to ascertain the quantity of water used. There are provisions for im position of additional rates for unauthorised..................

Authority (TA) shall serve on such owner, who does not pay tax, penalty or interest, a notice for the sum payable and recover the same as arrears of land revenue by attaching and selling the vehicles and a ccessories thereof for the recovery dues. Audit test-checked (between April 2016 and March..................

and the concerned administra tive departments should ensure that budgetary support is not extended to those PSUs whose accounts are not current. Performance of PSUs as per their latest finalised a ccounts 1.12 The key financial ratios used to assess the perfor mance of the nine working PSUs..................

CHAPTER - 3 3 Compliance Audit Observations This chapter includes one Paragraph based on test check of transactions of State Government companies. Jharkhand Urja Utpadan Nigam Limited (JUUNL) 3.1 Avoidable generation loss of power worth ` `` ` 22.79 ...

Agency Management System-Manage day to day transact ions with agents (monitor sales, generate agency performance), agenc y profile creation, agency recruitment, licensing, calculation of commi ssion, disbursement of commission, training, etc.
Enterprise Content Management System (ECMS)-A..................

1.3. Planning and conduct of Audit Audit is conducted in accordance with principles an d practices enunciated in auditing standards and performance audit guidelines promulga ted by the CAG. The audit process starts with the assessment of risk of the M inistry/Department/PSU. Based on this risk..................

Note: E xpenditure on Pensions include Civil, Defence and Postal Pensions Note – Figure in parenthesis denotes percentage of revenue expenditure. In the total revenue expenditure, there is a contin uous increase in the share of interest payments, which grew from 23.2 per cent in 2012-13 to..................

Report No. 20 of 2018 1 Chapter 1: Introduction 1.1 Background The objective of the Fiscal Responsibility and Budg et Management (FRBM) Act, 2003 was to provide for the responsibility of the C entral Government to ensure inter-generational equity in fiscal..................

Report No. 20 of 2018 44 Chapter 5: Analysis of projections in fiscal policy statements Section 3 of the FRBM Act envisages laying of three fiscal policy statements namely, Medium Term Fiscal Policy (MTFP) Statement, Fiscal Policy Strategy (FPS)...

balance at the end of previous reporting year and opening bala nce at the end of the reporting year is mainly due to increase in the value of cost of land on account of revision of rates as reported by M/o Housing and Urban Affairs ( ` 1,65,764 crore) and M/o Information and Broadcasting ( ` 8,260..................