CAG report points to ₹755.49 cr. revenue loss pertaining to GST of Commercial Tax Dept.

Belagavi, December 13, 2024

As per a CAG report tabled in the Assembly on Thursday, under assessment/short levy/ loss of revenue aggregating to ₹755.49 crore pertaining to Goods and Services Tax of the Commercial Tax Department has been found.

According to Report No 7 of 2024 of Comptroller and Auditor General of India for the period ended March 2022 (Compliance Audit-Civil) during 2021-22 test check of the records of 418 cases under centralized audit, 61 cases under detailed audit and 10 LGTSTOs under range audit relating to GST was done and it revealed under assessment, short levy, loss of revenue aggregating to ₹755.49 crore.

After it was brought to its notice, the department accepted under assessment and other deficiencies in 46 cases and recovered an amount of ₹2.64 crore.

With regard to the Department of Stamps and Registration, audit conducted test check of records of 42 unit-offices and noticed under assessment/short levy/loss of revenue aggregating to ₹193.08 crore which were pointed out through 143 paragraphs.

During the course of the year, the department accepted and recovered an amount of ₹4.84 crore relating to 31 paragraphs pointed out during the earlier years.

The CAG report has also pointed out that the percentage of recovery by the Department of Stamps and Registrations from accepted cases in paragraphs was only 5.08 %. Therefore, the department must take immediate action to pursue recovery of the dues involved in accepted cases, the report has said.

[The Hindu]