Radico Khaitan refutes CAG report on excise duty underpayment
CAG report alleges understatement of consumption of input excise material involving excise revenue of ₹1,078.09 crore
cag report
August 2023
August 2022
April 2022
December 2021
India imports more pearl than the world produces; CAG flags tax evasion risk
The value of pearls imports being much higher than the value of global production of pearls suggests trade mis-invoicing and round-tripping of funds, says CAG.
CAG concern over reliability of data maintained by GST Network
An analysis by the apex auditor of pan-India data provided by GSTN revealed significant data inconsistencies between the taxable value and declared tax liability.
CAG slams dedicated freight corridor delays
CAG has stated that in four sections, Dedicated Freight Corridor Corporation of India had to incur ₹2,233.81 crore till March 2021 towards price escalation.
CAG to Railways: FY20 accounts faulty, surplus is actually loss
References pertain to fiscal 2019-20 when current commerce minister Piyush Goyal was also the railways minister.
