Para 3.23.12 — MSO (Audit)
Original Rule Text
3.23.12 For purposes of certification, the audited figures relating to the tax heads are to be furnished in the prescribed formats by the Director General of Audit, Central Revenues, to the Comptroller and Auditor General, after getting the figures accounted for by the Zonal Accounts Offices and Central Excise Collectorates checked by the respective Accountants General (Audit).
# Discount on Stamps
What This Means
For the CAG to certify the net proceeds of certain taxes, the Director General of Audit (Central Revenues) must furnish audited figures in prescribed formats. These figures come from Zonal Accounts Offices and Central Excise Collectorates, and must first be verified by the respective Accountants General (Audit) before being sent to the CAG for final certification.
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.
Key Points
- 1Audited tax figures must be furnished in prescribed formats to the CAG
- 2The Director General of Audit, Central Revenues is the nodal authority for compiling these figures
- 3Figures originate from Zonal Accounts Offices and Central Excise Collectorates
- 4Respective Accountants General (Audit) must verify figures before forwarding
- 5This process ensures accuracy before the CAG issues the final certification
Practical Example
At year-end, the Zonal Accounts Office in Mumbai compiles excise duty collection figures for its zone. These are first checked by the AG (Audit) Maharashtra, then forwarded to the DG Audit (Central Revenues) in Delhi, who consolidates all zones' figures into the prescribed format and submits them to the CAG for certification of net proceeds.
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.
Frequently Asked Questions
Why is there a multi-layered verification process?▼
What happens if the figures are found to be inaccurate after certification?▼
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.