Many of CAG’s concerns in GST have been addressed but refunds need urgent attention

The Comptroller & Auditor General’s (CAG) reports, with their emphasis on financial, compliance and performance functions of the government, play an essential role in keeping departments on their toes. The CAG’s latest audit report (No.5 of 2022) for the year ended March 2021 is on the levy and collection of Goods & Services Tax (GST). Incidentally, it is the third (earlier reports being R…