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Rs. 86,000 Crore Indirect Tax Revenue Locked up in Litigation

Last updated: 06 September 2012


An amount of Rs.86,000 crores indirect tax revenue of Central Board of Excise and Customs has been locked up in litigation.

            Success rate of departmental litigation in Courts and Tribunal during the last four years are as follows:-

Year

Supreme Court

High Court

CESTAT

2008-09

9.81%

29.6%

10.0%

2009-10

7.85%

35.10%

18.2%

2010-11

5.5%

27.8%

17.2%

2011-12

10.64%

29.85%

19.7%

  The steps taken to ensure speedy recovery are as follows:

(i)                 Legal action under statutory provisions to recover arrears of revenue from defaulters.

(ii)               Bunching of all cases involving same issue for expediting decision.

(iii)             Filing of early hearing applications in all such cases.

(iv)             Continuous monitoring of recovery of tax arrears by the Board.


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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.


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