CAG Flags 1,334 GST Non-Compliance Cases Involving Rs 401 Crore In Works Contracts And Construction Sector
New Delhi, Aug. 14 -- The Comptroller and Auditor General (CAG) has detected 1,334 cases of Goods and Services Tax (GST) non-compliance in the works contract and construction sector involving Rs 401.42 crore, according to its latest report tabled in Parliament.
The Central Board of Indirect Taxes and Customs (CBIC) has accepted the audit observations in 903 cases involving Rs 268.36 crore and recovered Rs 15.88 crore so far.
The CAG's report on the Department of Revenue, covering the period ended March 2024, was based on an examination of GST returns and related records of 850 taxpayers and 71 GST department offices. The audit primarily covered FY2020-21 and FY2021-22, with some checks extending to FY2023-24, the Business Standard repor...
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