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Compliance Performance
Jharkhand

Report No. 5 of 2013 - Report on Revenue Sector of Government of Jharkhand

Date on which Report Tabled:
Tue 04 Mar, 2014
Date of sending the report to Government
Government Type
State
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Sector Taxes and Duties

Overview

This Report contains 27 paragraphs including one review relating to non/short levy/loss of tax/duty having financial implication of Rs 633.61 crore, of which audit observations of Rs 513.04 crore have been accepted by the Government/ Departments. Some of the major findings are mentioned in the following paragraphs.

The total receipts of the Government of Jharkhand for the year 2012-13 were Rs 24,769.55 crore against Rs 22,419.45 crore during 2011-12. The revenue raised by the State Government amounted to Rs 11,759.30 crore comprising tax revenue of Rs 8,223.67 crore and non-tax revenue of Rs 3,535.63 crore. The receipts from the Government of India were Rs 13,010.25 crore (State's share of divisible Union taxes: Rs 8,188.05 crore and grants-in-aid: Rs 4,822.20 crore). Thus, the State Government could raise only 47 per cent of the total revenue. During 2012-13, Taxes on Sales, Trade etc. (Rs 6,421.61 crore) and Non-ferrous Mining and Metallurgical Industries (Rs 3,142.47 crore) were the major source of tax and non-tax revenue respectively.

The number of Inspection Reports (IRs) and audit observations issued upto December 2012, but not settled by June 2013, stood at 994 and 6,945 respectively involving Rs 10,977.96 crore. In respect of 221 IRs, issued upto December 2012, even the first replies had not been received though these were required to be furnished within one month of the date of issue of the Report.

Test check of the records of 130 units relating to Taxes on Sales, Trade etc., State Excise, Land Revenue, Taxes on Vehicles, Stamps and Registration Fees, Taxes and Duties on Electricity and Mining Receipts conducted during 2012-13, revealed underassessment/short levy/loss of revenue aggregating Rs 1,532.94 crore in 25,784 cases. During the course of the year, the concerned Departments accepted under-assessment and other deficiencies of Rs 568.52 crore involved in 21,067 cases and effected recovery of Rs 7.02 crore in 1,024 cases in 2012-13.

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