Audit Reports

This Report contains 151 audit observations pertaining to Service Tax, having revenue implication totalling RS 265.75crore. The Ministry/department had, till February 2014, accepted 147 audit observations involving revenue of  RS 262.29 crore...

that the assessees have not paid TDS by taking advantage of excl usion clause of Section 194C in respect of contract manufacturers by treating these contracts as supply contracts (Para 2.4 - 2.6). We pointed out in 17 cases involving tax effect of ` 8.51 crore where assessees took advantage of............

Audit noticed that the assessee was not only engaged in providing services but also received income from contracts, commission and brokerage from a real estate company and hence was not eligible for deduction under section 80IC. The mistake in allowing deduction resulted in under............

We recommend that the department should institute a suitable control mechanism to get assurance on the reliability of the data furnished in APRs and ensure their timely submission.  We identified several instances wh ere exporters did not fulfil their obligations and other manda tory............

Established procedures for evaluation of tenders were not followed and contracts were awarded to single bidders. There were instances of splitting of works into multiple packages and award on nomination basis.


(Paragraph 4.6) /    0   Third Party Inspection and............

2.7 23 Other Audit observations 2.8 70 Payment of VAT on works contract 2.9 70 Inter-state sales 2.10 75 Misclassification of ‘sales’ as ‘works contracts’ 2.11 84 Under declaration of VAT due to incorrect exemption 2.12 86 Input tax credit 2.13 87 Non-payment of purchase tax 2.14 91 Sales............

like acquisition of land, obtaining clearances from CWC/MoTA/MoEF, construction of canals before head works, lack of variation clauses in the contracts with regard to changes to the scope, specifications and estimates etc. Government took the stand that variation clauses are not applicable............

Internal Audit activity was limited to routine pre- audit checks of various claims but did not cover important issues viz., OB contracts, land acquisition, manpower deployment, FSAs, etc. xiv Safety Management The number of accidents recorded had decreased during past five years, but there............

The exact value of contracts awarded under each package, the status of work, the reasons for cost escalation, delays and the audit observations are mentioned in the table below. Details of Packages Audit findings Package-I:Construction of flyover from Chainage 0.45 km to 3.90 km Contract............

This Report of the Comptroller and Auditor General of India (CAG) relates to matters arising from Performance audit of selected programmes and activities and Compliance audit of Government departments and autonomous bodies. Compliance audit refers...