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Audit Reports

Compliance Performance
Jharkhand

Report of 2009 - Financial Audit on Revenue of Government of Jharkhand

Date on which Report Tabled:
Fri 13 Aug, 2010
Date of sending the report to Government
Government Type
State
Sector Taxes and Duties

Overview

This Report contains 41 paragraphs including three reviews relating to non/short levy/loss of tax involving Rs. 1.171.03 crore. Some of the major findings are mentioned in the following paragraphs:

The total receipts of the Government of Jharkhand for the year 2008-09 were Rs. 13.212.84 crore against Rs. 12.026.55 crore during 2007-08. The revenue raised by the State Government amounted to Rs. 5.704.95 crore comprising tax revenue of Rs. 3.753.21 crore and non-tax revenue of Rs. 1.951.74 crore. The receipts from the Government of India were Rs. 7.507.89 crore (State's share of divisible Union taxes: Rs. 5.392.11 crore and grants-in-aid: Rs. 2.115.78 crore). Thus, the State Government could raise only 43 per cent of the total revenue. Taxes on sales, trade etc. (Rs. 2.996.20 crore) and non- ferrous mining and metallurgical industries (Rs. 1.477.94 crore) were the major source of tax and non-tax revenue respectively during the year 2008-09.

The number of inspection reports and audit observations issued upto December 2008. but not settled by June 2009. stood at 2.803 and 14.545 respectively involving Rs. 7.705.91 crore. In respect of 580 inspection reports issued between 1984-85 and 2006-07. even the first replies had not been received though these w ere required to be furnished within one month of their  receipt.
    
During the years 2003-04 to 2007-08. the department/Government accepted audit observations involving Rs. 1,129.96 crore of which only Rs. 529.58 crore had been recovered as on 31 March 2009. The recovery percentage out of the accepted amount is 46.87 per cent and the Government needs to expedite the recovery proceedings.

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