India, Dec. 18 -- By Suchitra Mukherjee

New Delhi [India], December 18 (ANI): The Comptroller and Auditor General of India (CAG) presented a compliance audit report on Goods and Services Tax (GST) for the year ended March 2023, highlighting several issues with the Central Board of Indirect Taxes and Customs (CBIC)'s oversight. The report, divided into four chapters, reveals inadequate mechanisms for monitoring Composition Levy Scheme taxpayers and issues with GST payment and return filing oversight.

Audit observations include inadequate display of required notices and signboards by composition levy taxpayers, and non-automation of key functions like assessment orders and non-filer reports.

A sample of 10,124 deviations showed 2,519 com...