Huge disturbances in Maharashtra Excise Department, loss of crores in CAG report revealed






Mumbai
The Comptroller and Auditor General (CAG) has released a shocking report regarding the Maharashtra Excise Department. According to this, due to wrong assessment of license renewal fees, the state suffered a loss of Rs 20.15 crore and interest of Rs 70.22 crore. The audit said that there was an additional reduction of Rs 1.20 crore due to failure to implement the new rates of supervision fees. The then Excise Commissioner gave exemption in excise duty at the old reserves without beer without approval from the state government. The report also stated that tax collection of Rs 73.18 crore was interrupted due to delayed delay of ‘mild beer’ samples for chemical analysis.

Also Read  Atishi: They'll turn Delhi into UP’, Concerns Over Power Outages in Delhi Following BJP's Election Victory

The CAG said, ‘There is a provision to charge a fee for change in partnership under Bombay Prohibition Special Fee Rules, 1954. However, no such provision was implemented on significant changes in the shareholding of public limited companies, due to which the state suffered a loss of Rs 26.93 crore. The report said that due to lack of provision to declare production cost in the Excise Act, the government also lost the opportunity to earn additional revenue.

What else revelations in CAG report
The audit stated that in the case of the canteen stores department, the production cost of 11 products or brands was reduced, causing revenue loss of Rs 38.34 crore in excise duty. In addition, revenue of Rs 11.48 crore between August 2018 to March 2022 and Rs 2.89 crore between May 2017 to March 2022 could not collect revenue due to flaws in the procurement cost of imported foreign liquor. The CAG said that overall the government suffered huge revenue losses of these flaws, causing serious concerns about the work of the Excise Department.

Also Read  Tamil Nadu Politics Heat Up: Annamalai Accepts Udhayanidhi Stalin's Challenge Amidst 'Get Out' Campaigns