Audit Reports

The FR BM Act was further amended as per guidelines received from GOI, from time to time. Keeping in view the Fourteenth Finance Commission ( FFC ) recommendations regarding growth, revenues and fiscal management , new set of targets ha ve been fixed . The FFC has projected an average annual...........................

Financial Management and Budgetary Control 2.1 Introduction 2.1.1 Appropriation Accounts are accounts of the expenditure, voted and charged, of the Government for each financial year, compared with the amounts of voted grants and appropriations charged for different purposes, as specified in the...........................

· Government may examine the guidelines issued for select ion of files for desk review by CBDT/CBEL and si milar system of selection wi th relevant parameters be put in place in the State for VAT cases. · The CCT may issue guidelines to the DCs regarding the aspe cts to be considered while...........................

( Appendix 6.2) pertaining to 25 Commissionerates in 16 states 100 where the ITD acquired land during the period 1973 to 2014 without following the guidelines prescribed in the Manual, as a result these were lying unutilized. Scrutiny revealed that desp ite shortcomings in the proposals sent by...........................

Report \bo. 2 of 2\f17 (Direct Taxes) iii High\fights The Comp%froller and A%bdi%for General of India cond%bc %fs %fhe a%bdi%f of Receip%fs from Direc%f Taxes of %fhe Union Governmen%f %bnder sec %fion 16 of %fhe Comp%froller A%bdi%for General of...

Lack of suitable guidelines/instructions to strengt hen the investigation, scrutiny process and evidence gathering mechanism c overing whole chain of bogus transactions in coordination with authorities of the State Tax/Central Excise Departments to establish the additions led t o their...........................

2 of 2017 (Direct Taxes) 4 1.3 Functions and responsibilities of the CBDT 1.3.1 The Central Board of Direct Taxes (CBDT) under Depa rtment of Revenue (DOR) in the Ministry of Finance provides e ssential inputs for policy and planning of direct taxes in India. At the same time, it is also...........................

Rep\brt N\b\f 3 \bf 2017 (Indirect Taxes-Central Excise) 1 Chapter I Department o\b Revenue – Centra\f Excise 1.1 Resources o\b the Union Government The Governmen\f of India’s reso\brces incl\bde all rev en\bes received by \fhe Union Governmen\f, all loans raised by iss\be of \frea...........................

N\f a cti\fn under secti\fn 11 \ff Central Excise Act 1944/under secti\fn 142 \ff Cus t\fms Act, 1962 was taken. The Ministr\b stated (December 2016) that the assess ee c\fuld n\ft be traced and letters have been sent t\f all the G\fvernment ag encies t\f get details \ff the defaulter. H\fwever,...........................

Rep\brt N\b\f 3 \bf 2017 (Indirect Taxes-Central Excise) (iii) Executive Summary Cen\fral Excise collec\fion was ` 2,87,149 crore d\bring financial year 2015-16 (FY16) and acco\bn\fed for 40 per cen\f of Indirec\f Ta x reven\be in FY16. This Repor\f ...

AMFs for all the as sessees and response of Bhubaneswar I Co\f\fissionerate regarding role of DG Audit in calculating risk scores of assessees centrally, the Ministry needs to evolve a practical way of risk profiling of assessees by Co\f \fissionerates which will capture the localised risk...........................

2 cases are ill\bs\fra\fed below. R emaining 13 cases are de\failed in Appendix-II. 4.2.1 Non-\bay\fent of Central Excise Duty on Loss on Assets Sold/ Discarded/ Scrapped As per R\ble 3(5A) of CENVAT Credi\f R\bles, 2004 (CCR ), if \fhe capi\fal goods, o\fher \fhan comp\b\fers and comp\b\fer...........................

Rep\brt N\b\f 3 \bf 2017 (Indirect Taxes-Central Excise) 1 Rep\brt N\b\f 3 \bf 2017 (Indirect Taxes-Central Excise) Rep\brt N\b\f 3 \bf 2017 (Indirect Taxes-Central Excise) 115 Chairman Member (C\bs\foms & Expor\f) JS (C\bs\foms) Direc\for...

Report o\b the Comptro\f\fer and Auditor Genera\f o\b India \bor the year ended March 2016 Union Government Department o\b Revenue (Indirect Taxes – Centra\f Excise) Report No. 3 o\b 2017 Laid on the tab\fe o\b Lok Sabha/Rajya Sabha on ______...........................

(i) Pre\bace This Repor\f for \fhe year ended March 2016 has been prepared for s\bbmission \fo \fhe Presiden\f of India \bnder Ar\ficle 151 of \fhe Cons\fi\f\b\fion of India. The Repor\f con\fains significan\f res\bl\fs of \fhe comp liance a\bdi\f...

provide a comprehensive technology platform to the tax deduct ors, taxpayers and the Assessing Officers (AOs), the ITD, in November 2012 , launched a Centralised Processing Cell for TDS viz. CPC(TDS). The CPC(TDS ) provides a wide range of online services related to TDS through a facility c alled...........................

The Minis\f ry f\br\fher s\fa\fed Vaikon Range had cond\bc\fed inves\figa\fions abo\b\f \fhe \fax li abili\fy of 25 co-opera\five Banks/ socie\fies and iss\bed \fo\fal n\bmber of 50 SCNs \fo 22 Co-opera\five Banks/ socie\fies demanding Service Tax. Analysis of SCNs iss\bed \fo \fhe Co-opera\five...........................

The depar\fmen\f iss\bed no\fices (December 2011) \bnder sec\fion 87 \fo Na\fional Tex\files Corpora\fion (NTC), and Bank of Ba roda/Cen\fral Bank of India/ICICI Bank for recovery of arrear. A le\f\fer d a\fed 4 Jan\bary 2012 was iss\bed \fo Income Tax depar\fmen\f. Conseq\ben\fly, an a...........................

and re\fpon\fe of B\bubane\fwar I and Del\bi ST I Commi\f\fionerate\f regard ing role of DG Audit in calculating ri\fk \fcore\f of a\f\fe\f\fee\f centrally, t\be Mini\ftry need\f to evolve \h \h \h 28 Ahmedabad A\bdi\f II, Jaip\br A\bdi\f, Bhopal A\bdi\f I, Hyderabad A\bdi\f and Bangalore ST...........................

Rep\brt N\b\f 41 \bf 2016 (Indirect Taxes – Service Tax) (iii) Executive Summary The Service Tax collec\fion was ` 2,11,145 crore d\bring financial year 2015-16 (FY16) and acco\bn\fed for 29.77 per cen\f of Indirec\f Tax reven\be in FY16....

Rep\brt N\b\f 41 \bf 2016 (Indirect Taxes – Service Tax) 83 Chairman Member (C\bs\foms & Expor\f) JS (C\bs\foms) Direc\for (C\bs\foms) Direc\for (LC) JS (DBK) DS (DBK) Member (CX) Direc\for (CX- 6/8) Commissioner (PAC) Direc\for (CX- 9/3)...

Rep\brt N\b\f 41 \bf 2016 (Indirect Taxes – Service Tax) 57 Chapter IV Non-comp\fiance with ru\fes and regu\fations 4.1 Introduction We examined \fhe records main\fained by assessees \fha \f form \fhe basis for calc\bla\fion and paymen\f of...

(i) Pre\bace This Repor\f for \fhe year ended March 2016 has been prepared for s\bbmission \fo \fhe Presiden\f of India \bnder Ar\ficle 151 of \fhe Cons\fi\f\b\fion of India. The Repor\f con\fains significan\f res\bl\fs of \fhe comp liance a\bdi\f...

Each ch eck category involved tasks that were pre- packaged and in line with a fixed schedule. Keeping in view the technical guidelines, the Company planned these regular scheduled checks for each type of aircraft in advance. 5.2.1.1 Delay in scheduled checks/ tasks leading to excess grounding of...........................

MoCA also stated that sixth freedom carriage could not be regulated because there were no ICAO guidelines in this regard. MoCA also mentioned that open sky offer had been made to about 70 countries and that India was receiving a p ositive response from a number of countries. Audit observed...........................

Delhi Urban Art Commission (DUAC), Delhi Development Authority (DDA), Central Public Works Department (CPWD), and Delhi Traffic Police, where the Engineer-in-Chief, NDMC made a presentation highlighting the status of the area and its problems. Based on the discussions, NDMC submitted a...........................

42 of 2016 (Performance Audit) 44 xRegistration and finalisation of the project at port is being done manually. x System does not have common centralised ledger for maintaining import (value wise, quantity wise and specification wise) made under particular project. x Release advices (RA), in...........................