More wisdom from CAG
The CAG’s report to Parliament is a much talked about document. Newspaper headlines scream, “CAG raps ----.” You can fill any department there. I spent a lot of midnight oil reading through the voluminous report the CAG presented to Parliament and I feel greatly agitated that what is being reported to Parliament is the ignorance of the AGs in the guise of gross mistakes of the Central Government departments, especially my Central Excise. As submitted in these columns yesterday, the AG is the single major cause for litigation in Central Excise – unwanted, unwarranted, illogical, illegal and outright atrocious litigation. It will be a nice idea for the CAG to conduct a study on the number of Show Cause Notices issued as a result of Audit objections, how much money was spent by the State on this litigation and how much was realised. How much money the assessees had to spend should also be studied. The CAG is sure to come up with startling findings which it may not like to tell Parliament. See some more great objections on Central Excise, the CAG is reporting to Parliament.