Para 7.3.19 — MSO (Audit)
Original Rule Text
7.3.19 The Union Government (Civil) Audit Report on Revenue Receipts is generally presented in two volumes, one covering the results of audit of Indirect Taxes and the other of Direct Taxes. In these Reports and in the separate volumes of the State/Union Territory Audit Reports on Revenue Receipts or in the chapters on Revenue Receipts contained in the Civil Audit Reports of certain States and Union Territories, the results of audit are grouped and arranged in separate chapters as brought out in the following paragraphs.
What This Means
The Union Government Audit Report on Revenue Receipts is typically presented in two volumes — one for Indirect Taxes and one for Direct Taxes. State and Union Territory Revenue Receipts audit results appear either in separate volumes or as chapters within the Civil Audit Report. The findings are organised into separate chapters as detailed in the following paragraphs of the Manual.
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.
Key Points
- 1Union Revenue Receipts Audit Report is in two volumes: Indirect Taxes and Direct Taxes
- 2State/UT results appear as separate volumes or chapters within the Civil Audit Report
- 3Audit results are grouped and arranged in separate chapters
- 4The chapter structure is prescribed in the paragraphs that follow (7.3.20 onwards)
Practical Example
The CAG presents the Union Audit Report on Revenue Receipts for FY 2025-26 in two volumes. Volume I covers Indirect Taxes (GST, Customs, Central Excise), highlighting Rs 4,500 crore in short-levied GST and Rs 800 crore in uncollected customs duty. Volume II covers Direct Taxes (Income Tax, Corporate Tax), pointing out Rs 6,200 crore in under-assessments and Rs 1,100 crore in excess refunds.
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.
Frequently Asked Questions
Why are revenue receipt audit reports separated into Indirect and Direct Taxes?▼
Do all States have separate Revenue Receipts reports?▼
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.