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CAG Report Flags Rs 755.49 Crore GST Revenue Loss in Commercial Tax Department
Update / Judgement Date
16 Dec 2024
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Author
Team — WCP Legal Desk
Reading Time
1 min read
The Comptroller and Auditor General (CAG) report highlights a GST revenue loss of ₹755.49 crore in the Commercial Tax Department of India. The report points out gaps in revenue collection, inefficient tax administration, and the lack of proper mechanisms for monitoring GST compliance. It also identifies cases of non-payment, underreporting, and misuse of tax exemptions, which contribute to the revenue shortfall. According to the report, the state governments, including the Commercial Tax Departments, have failed to implement effective internal controls. As a result, the government is urged to take corrective actions to improve GST revenue collection efficiency. The CAG calls for more stringent checks and balances, including regular audits and the use of technology for monitoring tax compliance.