CAG - Page 4

CAG detects systemic & internal control deficiencies in Custom

Report No.1 of 2017 – Union Government (Indirect Taxes – Customs)

Report No.1 of 2017 – Union Government (Indirect Taxes – Customs) has 101 paragraphs with revenue implication of Rs. 495 crore and two subject specific compliance paragraphs of Rs. 568 crore. In addition systemic and internal control deficiencies involving revenue of Rs. 6430 crore have been included in the report....

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Posted Under: Custom Duty |

CAG criticises Service Tax VCES, 2013

The Performance Audit of CAG revealed deficiencies in the design and enabling provisions of the Service Tax Voluntary Compliance Encouragement Scheme, 2013 (VCES), non-compliance to provisions prescribed in various stages and inadequacies in tax administration ...

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Posted Under: Custom Duty |

CAG Formulates Big Data Management Policy to Meet Challenges

The CAG said that our Governments have taken several initiatives to address the challenges faced by our countries and the people by automating service delivery, choosing partners in development through Public Private Partnership arrangements, opening up economy for foreign direct investments and by focusing on sustainable development. ...

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Posted Under: Custom Duty |

Notice for abandonment of Trademark Applications

Public Notice No. CG Office/TMR/Public Notice/2016 04/04/2016

This office has taken steps to treat the applications as abandoned in which no reply to examination report containing office objections to acceptance of the applications for registration has been received within the period of 30 days as per Trade Marks Act, 1999 and rules made thereunder. It is pertinent to mention that in all such matter...

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CAG Compliance audit observation on Central Excise

CAG Report No. 2 of 2016 – Compliance Audit on Indirect Taxes-Central Excise Union Government Department of Revenue This Report for the year ended March 2015 has been prepared for submission to the President of India under Article 151 of the Constitution of India. The Report contains significant results of the compliance audit of th...

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Posted Under: Custom Duty |

CAG Compliance audit observation on Custom Department

Comptroller and Auditor General of India has released Report No. 5 of 2016 – Compliance Audit on Customs Department of Revenue Union Government. This Report for the year ended March 2015 has been prepared for submission to the President of India under the Article 151 of the Constitution of India. The Report contains significant resu...

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Posted Under: Custom Duty |

CAG Compliance audit observation on Income Tax Department

Comptroller and Auditor General of India has released Report No. 3 of 2016 (Direct Taxes).  This Report for the year ended March 2015 has been prepared for submission to the President under Article 151 of the Constitution of India. The Report contains significant results of the compliance audit of the Department of Revenue-Direct Taxes o...

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Posted Under: Custom Duty |

CAG makes 166 audit observations on Service Tax Compliance

CAG has releases it Report No. 1 of 2016 (Indirect Taxes – Service Tax) for the Financial Year 2014-15 on compliance audit of the Central Board of Excise and Customs under Department of Revenue – Indirect Taxes (Service Tax) of the Union Government. The Service Tax collection was Rs 1, 67,969 crore during financial year 2014-15 [&hel...

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Posted Under: Custom Duty |

CAG Empanelment date extension for Haryana based CA firms

Chartered Accountant firms based in Haryana who could not apply for Empanelment with O/o C&AG due to local rampant disturbances may give the required details regarding the firms/partners in hard copy by last date of submission of documents i.e. 15th March, 2016 for empanelment for the year 2016-17....

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Posted Under: Custom Duty |

CAG online empanelment application date extended to 22/02/2016

The last date for submission of online application form for Empanelment with O/o C&AG for the year 2016-17 for audit of PSUs is extended to 22nd February, 2016 as a one time relief. Online application can be filled at http://cagofindia.delhi.nic.in/caregistration/ at the earliest to avoid the last minute rush as no further extension would...

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Posted Under: Custom Duty |

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CA, CS, CMA (5,485)
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