the goan I network
PANAJI
In its report, the CAG has pointed out that the Department of Tourism has paid service tax to the tune of `8.72 crore to the agencies it received services from during the years 2013-14 and 2015-2016 with a bulk of the service tax payments being made to Drishti Lifesaving Pvt Ltd for providing beach safety and lifeguarding services to the tune of `7.70 crore.
"The DoT, however, did not claim CENVAT credit aggregating to `8.72 crore in the respective years. Inaction on the part of the department to avail the CENVAT credit in the corresponding years resulted in a loss of refund claim of `1.40 crore," the CAG noted.
The department would have been eligible for a refund of `1.40 crore. It can no longer claim credit after six months of the date of issue of documents and hence the time for availing credit for the earlier period has lapsed.
Tourism dept too under scanner
The Comptroller and Auditor General has pulled up the Department of Tourism for failing to claim Central Value Added Tax Credit while filing its Service Tax returns foregoing a refund of `1.40 crore.
