CAG submits report of the compliance audit of the Department of Revenue – Customs covering transactions involving levy and collection of Duties, any other levies of Customs, transactions of imports and exports undertaken under various schemes implemented under the Foreign Trade policy and specific compliance areas reviewed by audit from time to time; Provides that there is a decrease in Customs receipts from FY 2019 to FY 2020 which may be attributed to the fact that after introduction of GST, Customs receipts comprise of only BCD excluding Additional Duty and SAD, which earlier used to be part of Customs receipts, being subsumed into IGST; Reports that imports registered decline of (-) 6.50 % in FY 20, while Exports also registered a fall of (-) 3.81% during the same period; States that during last 5 years (FY 16 to FY 20) India’s top ten trading partners were China, USA, UAE, Saudi Arabia, Iraq, Hong Kong, Korea, Indonesia, Singapore and Germany; Since Pan India data for import and export transactions for FY 19, 20 and 21 was not received, audit was conducted through CRA Module interface of ICES and thus provides that conclusions on compliance audit w.r.t non-compliance to provisions of Customs Act, Customs Tariff Act and Tariff notifications, were based on limited audits carried out by physically visiting the 41 Commissionerates.
 (1).PNG)
