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DISTRIBUTION
OF REVENUE TO STATE GOVERNMENT
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After the close of
Annual Accounts every year, the figures appearing in the Accounts,
PAO-wise (i.e. Basic Excise Duty, Additional Excise Duty, Cost of
collection etc.) relating to the net proceeds of Union Excise Duties
are forwarded to the Director General of Audit, Central Revenue,
New Delhi who in turn communicates it to the respective State Accountants
General in whose jurisdiction a particular Commissionerate is situated.
After the verification of these figures by the Accountants General,
the matter is referred to the Comptroller and Auditor General of
India (C&AG). The C&AG on the basis of these verification, certifies
the correctness of these figures. After the issue of this certificate,
the share of each State is worked out by the Budget Division (Ministry
of Finance) as per the percentage prescribed by the Finance Commission
and released to them. For the year 2001-2002, the figures (uncertified)
have been calculated by this office as below:
1. Shareable Duties
Rs. 59524.73 crores
2. Duties Assigned to
States (Additional Excise Duties in lieu of Sales Tax ) Rs. 6177.44
crores
These are gross figures
and the Cost of Collection is deducted from these to arrive at the
net amount of shareable and assignable duties.
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