Compliance Financial Performance
Meghalaya

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

Date on which Report Tabled:
Fri 28 May, 2010
Date of sending the report to Government
Government Type
State
Sector Taxes and Duties,Finance,Transport & Infrastructure,Power & Energy,Environment and Sustainable Development

Overview

The Report contains 45 paragraphs and two reviews relating to under assessments, non-realisation, short realisation of penalties, taxes and duties etc. the total money value involved is Rs. 1,175.55 crore. The total revenue receipts generated by the State during the year 2008-09 amounted to Rs. 2,810.64 crore as against Rs. 2,441.38 crore during 2007- 08. Out of these 21.16 per cent comprised of State's own tax (Rs. 369.44 crore) and non-tax receipts (Rs. 225.31 crore) as against 21.24 per cent in the preceding year. The balance 78.84 per cent (Rs. 2,215.89 crore) comprised of state's share of divisible taxes and duties of Rs. 595.23 crore and grants-in-aid of Rs. 1,620.66 crore, received from the Government of India. The increase in receipts from the Government of India was 15.24 per cent during 2008-09 over that of the previous year as against an increase of 16.32 per cent in 2007-08 over the previous year.

The percentage of expenditure on collection during 2008-09 as compared to the all India average percentage for 2007-08 was higher in the case of sales tax, state excise, taxes on vehicles and stamp duty and registration fees. Out of 3,07,751 cases pending for assessment during 2008-09, only 6,860 cases were disposed. The balance of cases due for assessment at the end of 2008- 09 stood at 3,00,891. Thus, the percentage of pending cases at the end of 2008-09 was 97.77per cent.

Test check of the records of sales tax, state excise, motor vehicles tax, other tax receipts, forest receipts and other non-tax receipts conducted during the year 2008-09 revealed underassessment/short/non-levy/loss of revenue amounting to Rs. 1,472.93 crore in 234 cases. During the year, the departments accepted assessments/short/non-levy/loss of revenue of Rs. 1,109.48 crore in 30 cases pointed out during 2008-09 and in earlier years, and recovered Rs. 30.81 lakh. Reply has not been received in respect of the remaining cases.

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