Tag Archives: CAG

CAG ready for GST challenges

By | October 22, 2016

CAG gearing up for audit changes in view of GST rollout As the government goes full throttle to roll out Goods and Services Tax (GST) from April 1, the CAG today said it is ready for the new challenges and will take steps to enhance effectiveness of revenue audit. Comptroller and Auditor General (CAG) Shashi… Read More »

CAG Compliance Audit Report of Service Tax

By | March 16, 2016

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 (FY15)… Read More »