Rs 63,000 Crore Unrealised Tax Revenue:CAG calls for close review

The Centre has been unable to collect more than Rs 63,000 crore in indirect tax revenue in 2011-12 which were pending due to injunction or appeal among other reasons under a head called 'call book'.

Over 40,000 cases involving revenue of Rs 63,191.14 crore-- Rs 46,586 crore related to Central Excise and Rs 16,605.14 crore from Service Tax--were pending in call book as of March 31, 2012, the Comptroller and Auditor General (CAG) said in its report tabled in Parliament

As many as 30,542 call book cases related to central excise were pending during fiscal 2012, of which 21,966 were pending for a year, 2,874 were 6-12 months old, 2,438 cases were 3-6 months old and 3,264 pending for over three months, the report said.

A total of 9,590 cases related to service tax were pending in call book during 2011-12. Of these, 3,780 were pending for more than two years, 3,322 were between one and two years old and 2,488 cases pending for up to one year, it said.