As per the CAG's report for the financial year which ended on March 31, 2013, Government of Assam (Revenue Sector) tabled in the Assam Legislative Assembly today different cases related to "non-short levy of taxes/duties, interest and penalty etc, loss of revenue, irregular exemption and other irregularities" were found.
The report also contained a performance audit on 'Receipts under State Excise'.
"The above cases involve monetary implication of Rs 1,161.79 crore," the CAG said.
Of this, 35 per cent was raised by Assam as tax and non-tax revenue, while the rest came from the Centre in the form of the state's share of net proceeds of divisible Union taxes ad grants-in-aid.
"Failure of senior officials to ensure timely replies and accountability resulted in non-settlement of 3,211 paragraphs involving revenue implication of Rs 1,299.15 crore at the end of June 2013," the report pointed out.
The CAG said excess allowance of remission to industrial units resulted in non-realisation of tax and interest of Rs 11.76 crore in FY'13.
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