Audit Reports

1 Includes an amount of ` 2,311 crore received towards back-to-back loan in lieu of GST compensation shortfall which is to be serviced from cess co llected in Compensation Fund with no repayment obligation on the State resources. Chapter 1- Overview 0??? 
ss The increase in the Revenue,...

But one categor y with a total of 100 accounting entries totaOOLng an aPoXnt oI _ 224.73 related to remitting TDS on GST (deductions made by va rious State Government departments on goods & services received by them during the year) to the Government account. These accounting entries, though...

Government Order Government of Andhra Pradesh GOI Government of India Gram Panchayat Guarantee Redemption Fund Gross State Domestic Product GST Goods and Services Tax Head Of Account Head Of Department Head Quarters State Finances Audit Report fo r the year ended 31 March 2021...

Includes an amount of 2,311 crore received towards back-to-back loan in lieu of GST compensation shortfall which is to be serviced from cess co llected in Compensation Fund with no repayment obligation on the State resources. Chapter 1- Overview 0ƒ‰• ȁ ͳͳ The increase in the...

But one categor y with a total of 100 accounting entries totalling an amount of ൟ 224.73 related to remitting TDS on GST (deductions made by va rious State Government departments on goods & services received by them during the year) to the Government account. These accounting entries, thou gh...

has not provided the data on Incomplete Projects @ Outstanding Debt excludes an amount of ` 2,311 crore received towards back-to-back loan in lieu of GST compensation as it is to be serviced from cess collected in Compensation Fund with no repayment obligation on the State resources Appendices...

Order GOAP Government of Andhra Pradesh GOI Government of India GP Gram Panchayat GRF Guarantee Redemption Fund GSDP Gross State Domestic Product GST Goods and Services Tax HOA Head Of Account HOD Head Of Department HQ Head Quarters State Finances Audit Report for the year ended 31 March 2021...

of Goods and Services Tax Goods and Services Tax (GST) was implemented with e ffect from 01 July 2017 on supply of goods or services or both. GST is concurr ently administered by the Union (CGST) and the States (SGST) on supply within the S tate while Integrated Goods and Services Tax...

No. Name of Audittee Unit Name of the assessee GSTIN ARN ARN Date Date of filing Refund Application Date of issue of acknowledgment in Form GST RFD-02 Refund amount claimed Period of delay 1 Unit B ZALONI TECHNOLOGIES INDIA PRIVATE LIMITED 18AAACZ2899R1Z6 AA180318000731J 12/21/2019...

(i) “Processing of Refund cla ims under GST in Assam” (ii) “Transitional Credits under GST ” and (iii) “Forest Department covering Afforestation, Social forestry, Wildlife and Bio-di versity”. Some of the major findings are mentioned below: I. GENERAL  Total Receipts of the State...

Tax administration 2.1 13 Working of Internal Audit Wing 2.2 13 Results of Audit 2.3 13 Compliance Audit on “Processing of Refund claims under GST in Assam” 2.4 14 Compliance Audit on “Transitional Credits under GST ” 2.5 33 CHAPTER-III: EXCISE DEPARTMENT Administration 3.1 47 Results...

amendment of 2020 **Outstanding debt excludes loan of ₹ 994.00 crore, which was passed on as back to back loans by GoI, in lieu of shortfall in GST Compensation vide GoI’s letter No. F.No. 40(1)PF-S/2021-22 dated 10 December 2021 The State could achieve Revenue Surplus only during two out...

Effective Borrowings and Other Liabilities would be %54,772 crore as the Department of Expenditure, GOI had decided that GST compensation of 4,604 crore given to the State as back to back loan under debt receipts would not be treated as debt of the State for any norms which may be prescribed...

$ The eff ective outstanding fiscal liabilities would be € 4,05,896 crore as GST compensation of € 4,604 crore given t o t he State a s back t o back l oan u nder debt receipts w ould n ot be t reated a s debt of the S tate for a ny n orms which m ay b e p rescribed by the Finance C omm iss...

129- Material Purchase _ |©)3.20 _ {3.27 -| © 3.50 Settlement Suspense Account Net Cr. (-) 3.20 Cr. (-) 3.27 Cr. (-) 3.50 8. 139- GST-Tax Deducted at - - - | 33.62 - 52.70 Source Suspense Net - Cr. 33.62 Cr. 52.70 Net Total Dr. 75.41 Cr. 29.88 Cr. 155.20 Major Head 8782-Cash Remittances 9. |...

that revenue on account of State Goods and Services Taxes was not estimated in the Budget although the detail s of minimum assured revenue from GST, based on the formula 3 devised by the GoI, were available with the State Government. As per the formula, minimum assured rev enue for the year...

The Report contains two Subject Specific Compliance Audit Paragraphs on ‘Refund Claims under GST for the period from 01 July 2017 to 31 July 2020 ’ and ‘Arrears of Assessment and Revenue under VAT Regime post GST roll out ’ and seven Audit Paragraphs relating to Taxation, State...

No. Application Reference Number (ARN) GSTIN ARN Date State Jurisdic- tion Name Category in which refund claimed Amount of Refund claimed ( ` `` ` ) 1 AA170619001911A 17AABCA7375C2ZT 25-06-2019 ML008 An dhra Bank ANYOTH 5129 2 AA170819000720C 17AAACH1766P1Z6 15-08-2019 ML008 Bharti Hexacom...

REFERENCE PARAGRAPH PAGE(S) Preface iii Overview v CHAPTER I- GENERAL Trend of revenue receipts 1.1 1 Goods and Services Tax 1.2 3 Revenue from GST 1.3 5 Analysis of arrears of revenue 1.4 7 Pendency of refund cases 1.5 8 Response of the Government/Departments towards audit 1.6 9 Summarised...

Taxes and Customs CGST Central Goods and Services Tax COT Commissioner of Taxes DC Deputy Commissioner ERTS Excise, Registration, Taxation and Stamps GST Goods and Services Tax HSD High Speed Diesel ITC Input Tax Credit JCT Joint Commissioner of Taxes MGST Meghalaya Goods and Services Tax MVAT...