Audit Reports

Rep\brt N\b\f 3 \bf 2017 (Indirect Taxes-Central Excise) 69 Chapter V E\b\bectiveness o\b Interna\f Contro\fs 5.1 Interna\f Contro\f In\fernal con\frol is an in\fegral process carried o\b\f by an en\fi\fy’s managemen\f and personnel which is...

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...

Rep\brt N\b\f 3 \bf 2017 (Indirect Taxes-Central Excise) 51 Chapter III E\b\bectiveness o\b Interna\f Audit 3.1 Introduction In\fernal A\bdi\f is one of \fhe main compliance verifi ca\fion mechanisms in \fhe Cen\fral Excise depar\fmen\f in \fhe era...

Report No. 4 of 2017 (Performance Audit) 29 Issues in Accounting 5.1 G-OLTAS Reconciliation The ITD’s initiative to receive information and mai ntain records of tax paid through banks through online upload of challans is named as Online Tax...

Rep\brt N\b\f 41 \bf 2016 (Indirect Taxes – Service Tax) 63 Chapter V E\b\bectiveness o\b Interna\f Contro\fs 5.1 Introduction In\fernal con\frol is an in\fegral process \fha\f is eff ec\fed by an en\fi\fy’s managemen\f and personnel and is...

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...

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) (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) 45 Chapter III E\b\bectiveness o\b Interna\f Audit 3.1 Introduction In\fernal A\bdi\f is one of \fhe main compliance verifi ca\fion mechanisms in \fhe Service Tax depar\fmen\f in \fhe era of ...

7 Report No. 42 of 2016 (Performance Audit) 7 Chapter 2: Rationale, objective, scope, sample, methodology and criteria for the Performance Audit 2.1 Rationale for Performance audit Project Import scheme was earlier reviewed by audit (Audit Report...

1 Report No. 42 of 2016 (Performance Audit) 1 Chapter 1: Introduction ‘Project Imports’ is a scheme of Government of India to facilitate setting up of or substantial expansion of industrial plants, by facilitating imports of capital goods and...

57 Report No. 42 of 2016 (Performance Audit) 57 Appendix 1 Eligibility, Registration, Importation, reconciliation, plant site verification and finalisation of assessment/contract procedures for Project Imports Eligibility: In term of Regulation 4 of ...

Table of Contents Contents Page Preface i Abbreviations iii Executive summary v Chapter 1: Introduction 1 1.1 Statutory provisions 1 1.2 Process of registration, importation, assessment and clearance of goods under Project imports 2 1.3 Trend of...

11 Report No. 42 of 2016 (Performance Audit) 11 Chapter 3. Adequacy of rules and provisions Audit examined the existing statutory provisions of project import regulations, and CBEC circulars and notifications with regard to registration of...

21 Report No. 42 of 2016 (Performance Audit) 21 Chapter 4: Compliance to rules and procedures Audit examined whether there was comp liance to rules, regulations and procedures framed under Customs Ac t 1962, PIR 1986, notifications and instructions...

iii Report No. 42 of 2016 (Performance Audit) iii Abbreviation ACC Air Cargo Complex BCD Basic Customs Duty BE Bill of Entry BG Bank Guarantee BHEL M/s Bharat Heavy Electrical Ltd. BMRCL M/s Bangalore Metro Rail Corporation Ltd. BPCL M/s Bharat...

55 Report No. 42 of 2016 (Performance Audit) 55 Chapter 7: Conclusion The Scheme was introduced in 1965 and further amended in 1986 with the main objectives to simplify the procedures by single classification/single rate of duty for various types of ...

Report No. 39 of 2016 89 8.1 Introduction State Pollution Control Boards (SPCBs) are responsi ble for implementing environmental legislations in the State, such as Water (Prevention and Control of Pollution) Act, 1974, Air (Prevention and Control of ...

Report No. 39 of 2016 97 Annexure I (Paragraph reference: 1.2) Process, stages and timelines of granting Environme ntal Clearance An application seeking prior EC in all cases has to be made in the prescribed Form 1 and Supplementary Form 1A, if...

Report No. 39 of 2016 83 7.1 Introduction Environmental Clearance (EC) is accorded along with conditions to be complied with by the PPs. The monitoring of the EC conditions is req uired to be done by the Regional Offices (ROs) of MoEF&CC to ensure...

Report No. 39 of 2016 1 1.1 Background Article 48 A of the Constitution of India brings ou t that the State shall endeavor to protect and improve the environment and to safeguar d the forests and wildlife in the country. Article 51 A(g) of the...

Report No. 39 of 2016 7 2.1 Introduction Environment Impact Assessment (EIA) exercise is to be carried out before any project is undertaken. EIA Notification of 2006 and its amendm ents define Environmental Clearance (EC) process. This comprises of...

Appendix 1.1 (Reference: Paragraph 1.8; Page 4) Detail s of nature of irregularities pointed out through outstanding Inspection Reports (` in crore) Sr. No. Nature of irregularities Number of Paragraphs Amount 1. Excess/short receipt of Government...

Chapter 2 Performance Audit Agriculture Department 2.1 Work ing of Haryana State Agricultural Marketing Board The Haryana State Agricultural Marketing Board was set up in August 1969 with the main objective of providing facilities for better...

CHAPTER – V: OTHER TAX RECEIPTS A. LAND REVENUE 5.1 Tax administration The legal framework of Revenue, Registration and Land Reforms Department 1 is administered by the Secretary/Commissioner. All important cases of settlement, framing of policies ...