area OAT GOVERNMENT OF INDIA werner NATION AX MINISTRY OF FINANCE cere Peart DEPARTMENT OF REVENUE MARKET sfteeret (Bent errll), He GST (AUDIT-III), MUMBAI MINUTES OF THE MONITORING COMMITTEE MEETING (M.C.M.) Monitoring Committee Meeting (M.C.M.) of Audit-IIl Commissionerate in respect of DARs pertaining to Mumbai West Commissionerate and Palghar Commissionerate was held for August, 2021 under the Chairmanship, Commissioner GST Audit-IIl at 8” Floor, Lotus Info Centre, Parel, Mumbai-400012, on 08.09.2021. It was attended by Officers of this Commissionerate as per the list attached (Annexure) 2. The Chair welcomed the participants in the MCM. During the course of the meeting, total 24 Draft Audit Reports (DAR's) and 15 Deferred DAR were presented for discussions by the Monitoring Committee. The para-wise gist of the issues discussed and decision of the MCM are recorded in the enclosed Audit Report. 3. During the Meeting, apart from the para-specific decisions as discussed above, the following general directions were also reiterated by the Chair, for immediate action & for strict compliance and the Chair directed all respective Circle in-charge AC/DC's to ensure its compliance: (a) All the Audit Groups to go through the D.O. letters issued by the Chairman office and D.G (Audit’s Instructions/ Guidelines issued from time to time and circulated to all Circles and Groups and accordingly to ensure compliance of all the instructions issued therein. (b) The audit groups shall issue Final Audit Reports (FARs) immediately after completion of all actions required as per the MCM & in all past cases covered so far and AC/DC of the Circle to ensure the same without fail (c)__ After completion of Audit, issuance of SCN, and FAR, all the relevant records of the concern files shall be handed over to the Planning Cell after pagination of each file along with its note sheet & same would be stored in digitized form after scanning. It is to be ensured that within one month of MCM, in all Paras where recovery is not effected, the SCN is issued immediately in a time bound manner. (d) All DCS/ACs to take up all the pending Paras and issue Show-Cause-Notices, wherever ordered/required to be issued within time limit (e) Full use of Advait, E-way bill applications, Analytics, MCA-21, EDW, e-way bill portal information and all third party data alongwith GSTIN Portal must be made for supplementing the quality of Audit & for better compliance & performance Audit. (f) All Audit Groups to ensure that submission of DARs on or before 15" of each month to the Planning Cell so that the concerned TPS Commissionerate can be communicated the paras raised at least one week prior to the MCM. (g) In cases where payments are made by the assessee, the DAR should reflect the entire detail of such payments viz. Challan No/date, entry no. of Cenvat reversal/date etc. (h) Specific observation regarding verification of Trans-I data should be indicated in the DAR,> (i) _ AIl'Nil Para files to be put up immediately after examination by the Additional Commissioner with due justification (3) DAR's and Para’s cannot be raised in different MCM's in piecemeal manner, unless otherwise directed. 4. _ Interms of Para 5.1 of Board's Circular no, 985/09/2014-CX dated 22/09/2014 issued under F, No, 206/03/2014-CX.6, all the TPS Commissionerates are requested to convey their agreement / disagreement within 15 days of the receipt of the minutes of MCM. It is also requested that disagreement, if any, may be consolidated by the Commissionerate and sent to the Additional/Joint Commissioner, GST Audit-I Mumbai within 15 days of receipt of the minutes. If no reply is received from Executive Commissionerate within 15 days, then the decision of MCM will be deemed to be finalized, 5. The meeting concluded with vote of thanks to the chair. \A\ FI A” (R. RAMACHANDRA MURTHY) Encl.:- As above. Assistant Commissioner F. No. CGST/Audit-ll/Planning/MCM/July-21/07/2021-22 Mumbai, the September, 2021 Copy to: 1) The Pr. Commissioner, GST, Mumbai West Commissionerate 2) The Pr. Commissioner, GST, Palghar, Commissionerate 3) The P.S to Commissioner, GST, Audit-Ill, Mumbai through email 4) All Deputy/Asstt. Commissioners, Circles-01 to 06, GST, Audit-IIl, Mumbai (by e-mail) 5) All Audit Groups from 01 to 43 of GST Audit-lll, Mumbai (by e-mail) 6) DC (Tech) to follow-up all the Paras where SCN are issued for Adjudication with respective TPS Commissionerates 7) Master file/Guard fileMinutes of MMCM held on 08.09.2021 Audit GR-38 DRAFT AUDIT REPORT No.137 / 2021-22(GST ~ Medium) . ineankinan can 7 1. | Name & address of the tax-payer Mis. Ami Constructions, ] 28/5,Ramjharukha Co-op. Hsg. Soe. Ltd S.V. Road, Andheri (west) Mumbai-400 058 2. | MO, regional/ branch offices, ete. Branch offices at Bangalore & Hyderabad till | June 2019. Now it is closed 3,_| Status of the tax-payer (Le. Proprietary | Partnership Partnership, Pvt, Ltd., Ltd. etc.) | 4. | Jurisdictional Commissionerate Mumbai-West//Div-VII / Ran; | Division / Range 3. [Name of taxable supply Works Contract Service” and | “Civil & Interior Works service” 3A | Name of taxable services received GTA, Professional fees, Freight Charges, | (Reverse Charge) Supplies reed from Unregistered person | 6. | GSTN No. 2TKALFATO07GIZE. | 7._ | Exemption Nott. No, & its gist NA 8._ | Date of last audit This is the first GST audit of the company Service Tax Audit for the period from Oct-2014 to June 2017 was conducted in Dec 2020. (DAR No 283/2019-20 ) 9. (a). Period of current audit July’2017 to March 2019 | (b). Date of Audit Plan 02-06-2021 10. | Dates on which audit undertaken 04-06-2021, 02-07-2021. 23-07-2021 | Ti | Names of Officers who conducted audit & | Shri, Shashank Shekhar, Asst. Commissioner | Audit Group Shri Mahadeo J Gawde, Superintendent | (Audit Group-38, Circle-06) Shri Shashikant P.Bagwe, Superintendent 12 | Tax, Interest and penalty paid during the _ | Tax Paid Cash Rs.3,031- | current audit period (Spot Recovery), with | Interest Paid Rs.1,59,179/- | details of GAR No, date, Cenvat debit | Penalty paid ‘Rs. 549)- | entry no. and date Total amount recovered :Rs.1,62,759/- | 13, | No. of revenue paras q 14 | No, of procedural and advisory paras 15 | Total revenue involved in audit paras RS, 50,60,708 Interest + Rs.1,57,197/- ‘Total amount _:Rs. 52,17,905/- “Works Contra 16 | Brief Profile of Tax Payer Taxpayer is engaged in supply Service” and “Construction service” viz. Interior repairing and construction work fal 995476 ing under HSN Page 224 of 254Minutes of MMCM held on 08,09,2021 Brief Profile of the Taxpayer Taxpayer is engaged in the interior construction and renovation of the “Key Common Area’’viz Club House renovation, sample flat renovation,companies engaged in civil engineering and Turkey Interior Contracting Business, which consist Turnkey Interior Solutions viz. Electrical, Phimbing, Fire Prevention System, Water Proofing, Flooring, Walls, Ceiling, Carpentry. Modular Furniture et Major customers of the taxpayer are M/s Omkar Realtors, sub ete. GST Supply: ies of M/s Lodha Realtors. upply of “Works Contract Service” and “Construction servic HISN:995476 T & 9% IGS ‘Tax rate: 18% (9 % CGS ») Se person es under Reverse Ch insportation charges, Supplies received from unregistered 15. Revenue Detail (a) (Rs. In Lakhs) Year Turnover as| Other | Net Value [Total | GST % of per Trial | Income | of Taxable Paid in 1rc Balance supply as Cash per GSTR3B Tuly 2017 t0 | 656.34 00 ne 160.45] 40.08 | 120.38 | 750% Mareh 2018 sores a 2018-19 1219 00 1,142.95 180.95[ 3.47 TTTAT | 98% (b) Payment of Taxes under RCM (other than imports)( Rs. In Lakhs ) Year Value- | Total GST. [ Paid-Cash | GST paid-ITC | % of ITC Taxable _| paid July, 17= Mar, 18 | 36.35 6.49 6.49 0 0 2018-19 0.46 0.02 0.02 0 0 (©) ‘Tax payment details(Rs. In Lakhs) Total ITC availed [Total GST payment a ] (As per GSTR 3B) (As per GSTR 3B) | ST IGST [Total |Cash__ ITC ereait | (ee fax paid | 7 | [July7 to Marl8 Js .97 {52.97 |5.22 111.17 |40.08 12038 160.45 | | | | 2018-1 | eels 86.10 {6.10 17.53 199.74 3.47__[177.47 190.95 | 16.__ITC DETAILS (Rs. In lakhs) _ Subject/ Year July 2017 to Mar 2018 2018-19 pening Balan 00. 00. TRAN -I Credit 1.49 COST 00 7.71 SGST | Sredit availed TULAT 189.74 (Credit utilised for payment of tax 120.38 17747 edit utilised for reversal the provision 00 00 f Rule 42 of CGST Rules (Closing Balance 00 12.26 Month wise Purchase & Sales are as under Page 225 of 254Minutes of MMCM held on 08,09,2021 July 2017 to Mar 2018 Month Purchase value ales Value 4,523,229 296,000 Julet7 5,093,958. 3 | Aug-17 | 5,157,116 3 Sep-17 2 5,769,454 1,269,322 | Oct-17 ie a ies 3,520,338 12,711,867 | 4,713,881 4,490,875 | Dec-17 Be 7,497,867 4,060,517 | Jan-18 ers 1,271,202, 9,305,722 | Feb-18 20,274,264 33,191,761 | Mar-18 | 5,78,21,310 8,53,26,065 | Total J F. Y, 2018-19 Month purchase value | Sale Value Apr-l8 24,31,998 5,80,728 May-18 45,89,107 27,65,522, Jun-18 52,24,092 (1,11,333) Jub18 2,17,26,600 17,329,967, Aug-l8, 59,66,778 55,48,867 Sep-18. 95,47,349 89,48.417 Oct-18 716,63,406 85,81,794 Nov-18 39,70,064 1,13,88,378 Deo-18 39,65,337 23,76,000 Jan-19 50,84,321 1,23,55,328 Feb-19 2,01,62,225 45,10,500 Mar-19 1,69,31,596 2,61.21,689 | 10,72,62,872 10,03,95,856 | ITC availed & utilised month wise is as under : July 2017 to March 2018 Period [ITC availed ITC utilised Jul-17 85815 76) 53,280 Aug-l7 967,386 es 2 Sep-17 987,282 E Octe17 11,03,050 228,478 Nov-l7 16,00,136 22,88,136 Dee-l7 910,654 8,08,358. JaneI8 14,48,480. 7,30,893 Feb-18 245,578 16,75,030 Mar-I8 39,106,696 62,53,462 TOTAL, 1,20,37,638 1,20,37,638 2018-19 ITC availed utilized Page 226 of 254Minutes of MMCM held on 08.09.2021 430,194 1,04,531 Ma 8,11,763 4,971,194 Jun-18) 9,24,085 0] Jul-18 38.43,199 31,19,394 Aug-18 10,55,458, 998,796 |_Sep-18 16,88,822 16,10,715 13,55, m 15,44,723 7,02,261 20.49,908, _Dec-18, 7,01,425, 4,217,680. Jan-19 8,909,361 18,80,102 eb-19 35,66,478 8,11,890 Mar-19 29,95,015 47,01,904 Total 1,89,73,634 1,77,47,437 ) ent through ITC are as under : Reasons for high availment and pa During the y sar 2017-18 and 2018-19 the purchase and sales detail, & work in progress are as under 2017-18 f Gross | Cash payment) | Particulars Amount Profit % % ‘opening stock WIP= A. 3,34,00,000_| ‘Add__| Purchases= B 5,82,49,316 ‘Add__| Direct expenses 4,62,25,776 Total Expenses 13,78,75,092 26% 2% less__| Sal El 17,78,62,979_| [Hess Closing WIP F 69,12,120_ | Total Income _G =E+F 18,47,75,099_| Gross profit H=G-D 4,69,00,007_| s 2018-19 oss | Cash payment | Particulars Amount Profit % % | opening stock WIP___A. 69,12,120 | ‘Add_| Purchases B $,77,81,778 | ‘Add _| Direct expenses iG 5,99,35,173 Total Expenses D = A¥B+C 12,46,29,071 23% 2% less_| Sales = E 12,74,92,2: less_| Ch Wip= F 2,59,82,710 Total Income _G= E+F __15,34,74,962 Gross profit #= G= D. for higher % of ITC are as under Reasor i) During 2018-19 Sales of March 2019 Totalli to Rs 260.42 lakhs was not declared. GSTR-3B of that month. Same was declared in the GSTR-3B of 2019-20. Hence the Tax liability was also paid in 2019-20 GSTR3B. (Audit Para no 2 for interest for late payment of Tax is raised ) Considering the said income of Rs. 260.42 lakhs into account, the GST liability @ 18% for the FY 2018-19 would be 46,87 lakhs, After uti of Rs 12.26 lakhs zing balance ITC er balance as on 31.03.2019, rem ‘ax of Rs 34.61 lakhs would have been paid through Page 227 of 254Minutes of MMCM held on 08.09.2021, Cash. And the Cash payment % would have been revised to 21.03% which is comparable to GP. 23%, ii) Also there was increase in W.L.P. on 31-03-2019 compare to 31-03-2018 by Rs. 190.70 Lakhs Considering the above factor the Cash payment ratio would be 21 % which can be comparable to Gross profit 0f23% DRAFT AUDIT REPORT No = 137 /2021-22 (GST Medium ) SUMMARY OF AUDIT RESULT: PARA-WIS able in ‘a No.1: Audit Observat No 1: Wrong availment of ITC - Details not avail Amount under objection: Rs.50,57,677/- tion of ITC for the audit period.tt was noti Objection in detail:- During the ver tax payer had availed ITC on the basis of Invoices for Inward supplies as shown in the finance records maintained by them, In terms of the proviso to Section 16(2)(c) of the CGST Act,2017, which reads as “16(2)(c) :subject to the provisions of section 41, the tax charged in respect of such supply has been actually paid to the Government, either in cash or through utilisation of input tax credit admissible in respect of the said supply; and (d) he has furnished the return under section 39 In the Annual return in form GSTR-9, its table 8A which is auto-populated shows the ITC available to them as per GSTR-2A. As against this, its Table 6A which is auto-populated from their total ITC claim as per GSTR-3B. The negative difference between the two ITCs is a clear indication, that they have availed/utilized more ITC than available/eligible to them. Section 16(4) imposes a time limit on taking ITC on the invoices, that the taxpayer, shall not be entitled to ITC on invoices after roughly maximum a period of 18 months or filing of Annual Retum whichever is earlier. Hence, the mismatch between GSTR -2A and GSTR-3B, the ITC that reflected in the Annual Return is ineligible credit and later to this Annual Return even if the supplier pays the tax on the invoices/uploads it in his GSTR-1, it gets hit/barred by section 16(4) and the taxpayer is not entitled to it, Conversely, while filing GSTR-9 annual return if there is difference in Table 6A and Table 8A, it is an indication that all details furnished in GSTR-1 of the suppliers tll that time were taken into account and yet there is differential ITC, payable by the taxpayer. During the audit period, the tax payer is entitled to avail ITC against tax paid invoices only if the supplier of the goods / services uploads the same in their GSTR 1 return . Therefore, during the said audit period , the tax. payer have availed excess ITC amounting toRs.30,847/- IGST, Rs, 26,60.829/- CGST & Rs. 26,60,829/- SGST totally amounting to Rs. $0,57,677/- (Rs. F Lakh Fifty Seven Thousand Six Hundred Seventy Seven only ), ifty (Mit Mi lice sco; lac l sGsT_| cGsT_| TOTAL | 2017-18 _| GSTR-3B ITC 45,98,922 | 45,98,922 | 96,89,305 GSTR-2A ITC 49,73,039 | 49,73,039 | 1,04,68,386 2A LESS 3B ITC | 30,847 [3,74,117_[3,74,117_|7,79,081 2018-19 _| GSTR-3BITC |21,01.100 | 65,18,948 | 65,18,948 | 1,51,38,996 Page 228 of 254 rtMinutes of MMCM held on 08.09.2021 E 1 MITC 1 2A LESS Total exeess ITC availed 30,847 _| 26,60,829 | 26,60,829 | 50,S7,677_ Taxpayer's Agreement/Reasons for Dis-agreement : Taxpayer not agreed with the audit observation furnished their reply vide letter dated 27-08-202 as under: 1) __ As per Section 16(1) of the Central Goods and Service Tax Act (CGST"). 2017. ever: registered person shall, subject to such conditions and restrictions as may be prescribed and i the manner specified in section 49, be entitled to take credit of input tax charged on of goods or services or both to him which are used or intended to be used in furtherance of his business and the said amount shall be credited to the electronic credit ledge of such person. 2) As per Section 16(2) of CGST Act, 2017. nonwithstanding anything cont section, no registered person shall be entitled to the credit of any input tax in respect of any supply of goods or services or both to him unless, - @) he isin possession of a tax invoice or debit note issued by a supplier registered under (ss et, or such other tax paying documents as may be prescribed: ») he has received the goods or services or both; ©) subject t0 the provisions of section 41, the tax charged in respect of such factually. paid to the Government, either in cash or through ilisation of input fax cr ‘admissible in respect of the said supply; and @) he has furnished the return under Section 39. 3) They had availed input tax credit (ITC’) based on valid inward tax invoices: availed input tax eredit only upon receipt of goods or services or both. 4) The provision for matching ITC was introduced in October 2019 vide Rule 36(4) of CGST Rules 2017, (Notification No. 49/2019 — Central Tax dated 09.10. 2019) which has t strictly complied by them. Since the rule was incepted from October 2019 onwards mak clear that there was no such restriction on availment of input tax credit for the prior period ic. prior to October 2019, Hence, it is submitted that ITC has not been availed in excess and should not be paid along with interest. 5) __ Asper the Minutes of meeting of the 27" GST Council Meeting held on 4 May 2018, the Couneil members while discussing the new single retums format mentioned the followi “There would not be any automatic reversal of input tax credit from buyer on non-payment of tax by the seller. In case of default in payment of tax by the seller, recovery shall be made trom th seller; however, reversal of credit from buyer shall also be an option available with the revenue authorities to address exceptional situations like missing supplier, closure of business by supplier or supplier not having adequate assets, etc. Therefore, the recipient is entitled to eligible input tax credit and the same should not be disallowed due to default in payment of tax by the supplier. The intention of the legislature is to to bona-fide recipients and seek reversal of credit only in exceptional supplier, closure of business by supplier or supplier not having adequate situations like miss assets, ete. And they had availedinput tay credit and made the p: applicable GST thereon to the supplier. Given this, it is amply clear that the ITC of lakhs pertain to bonafide purchases and should not be reversed along with interest. yent towards value of supply R 6) They further refer to the decision of Hon’bleHigh Court of Madras in the case of D.Y Beathel Enterprises Vs State Tax Officer — Appeal Number: W.P,(MD) Nos. 2127 of 2021. In this case, the officer passed an order imposing the entire tax liability on the purchasing dealer without the involvement of any other seller even though the tax payment has been made by the purchasing dealer, but the same has not been remitted to the Government by the seller. The Hon'ble HC has quashed the above order holding that omission on the seller's part to remit the {ax should be viewed seriously and strict action needs to be taken against the seller, Page 229 of 254Minutes of MMCM held on 08,09.2021 qhe taxpayer have made bona-fide purchases and have made the payment towards value of supply and applicable GST thereon to the supplier. It is the omission on the seller’s part to remit the tax to the Government and therefore, such ITC of INR 50.57 lakhs should not be reversed along with interest. Audit Conclusion with Rei Taxpayers contention appears to be correct, However, since the matter is sub-judice and no ‘ks/ Recommendatio finality of the issue is attained, SCN may be issued to safeguard the Govt, revenue. alongwith tH time, ¢ Obser he recovery. If tax payer does not reverse ITC 'N to he issued for the same within stipulated cepted. Pursue and penalty, th ment of GST after due date No 2: Non- payment of interest on late pay Amount under objection: Rs.1,40,260/- On verification of the GSTR-9C, GSTR-3B and Electronic Cash Ledger for the year yment of GST in Electronic Cash 2018-19, it is noticed that, the tax payer have delayed in pi Ledger. However, failed to pay the interest on the said late payment of GST In the GSTR-9C for the F.Y. 2018-19, in the Part II, Row No 5 (0), the tax payer have deducted Rs, 2,60,41,614/- on account of “Adjustments in turnover for the reasons not mentioned above ation, it is observed that, the said income was pertaining to the Bills / Invoices T liability was accounted and paid in the ailed in the “Annexure A’ On verif raised in the month of March 2019. However, the Gs ;STR-3B retums for month of April, May & July 2019 as attached. However, in respect of some of these invoices, the interest for delayed / late payment of ST was not paid by the tax payer at that time. In view of the above, the tax payer is liable to pay the interest of Rs. 1,40,260/- as required under Section 50 of the CGST Act, 2017. ‘Taxpayer’s Agreement/Reasons for Dis-agreement : Taxpayer agreed with the audit observation and paid the interest liability vide DRC-03 no AD2708210178035 dated 14-08- 2021 Audit Conclusion with Remarks/ Recommendation: Sinee the taxpayer has paid the i liability, Para may be accepted and recommended for closure terest Decision of MCM: Para accepted. Subject to verifiea n of DRC-03.y Observation No 3: In-cligible ITC without purchase invoices Amount under Obje ion: Rs. 3,031/- On verification ofthe ITC Register and GSTR-3B returns filed by the tax payer for the F. Y. 2018-19, itis observed that, they have availed excess ITC credit in GSTR-3B than the actual ITC as available in the ITC Register furnished by them dui bills ofthe said excess ITC credit availed by them were not produced by them for verification The details of excess ITC are as detailed helow he audit. The purchase eT oes, | 86,10,978 86,10.978 _| 1,93,86,745 IG Regist 86,09,782 86,09.782_| 1,89,71,903_| cml we 1 we fo | Page 230 of 254i a ayer’s Agreement/Re: observation and paid the Tax penalty of Rs, 549/-vide DRC: ‘paxy Audit Conclus liability Decision of MCM: Para Set as report Minutes of MMCM held on 08.09.2024 on with R Para may be a ‘ks/ Recom pled andr ‘ted by the Audio On verification of ITC register is not eligible in tei availed ITC on the suppli ‘ons for Dis-agreemen nendation: Since the t commended for closure, ns of Section 17(5) (g) of CGST Act , 2017. The detail: ‘Taxpayer agreed with the audit ity of Rs, 3,031/- alongwith interest of Rs. 1,981/- and )3 no AD2708210178340 dated 14-08-2021 payer has paid the interest \s paid the tax alongwith interest and penalty sdit availed through GSTR-3B it is observed that the ‘cing used for the staff for personal use. The said ITC are as under : 2017. The said AD270120039204P dated 28/01/2020 , However, the tax payer had not paid inter payment of GST .Therefore, the tax payer is li ‘Thousand Nine Hundred Thirty Seven only ) Decision of MCM: Para Settled .Ta Auditors. TC eligible Agreement/Reasons for I was reversed / paid by agreement lusion with Remarks/ Recommendatio ra may be accepted and recommended for closure. Page 231 of 254 ble to pay interest of Rs. 16,937/- (Rs. S s required under section 50 of the CG Taxpayer agreed with the audit ‘observation and paid the interest liability of Rs. 16,937/- vide DRC-03 no. AD270821017819S dated 14-08-2021, payer has paid the interest as reported by the the tax payer vide DRC for late ixteen T Act, Since the taxpayer has paid the interest Month | Particulars Taxable | CGST_| SGST | nui-17_| Reversal of RCM credit - Tea Expense 3,675 |331_| 331__| 347 ea Aug-17 | Reversal of RCM credit - Tea Expense 4703__|423__| 423 _| 444 Aug-17 | Reversal of RCM eredit-Water Expense 26,640 _| 2.398 Aug-17 | Reversal of RCM eredit-Food Expense 9,488 __| 854 Oct-17_| Reversal of RCM credit - Tea Expense _ 4932__|444 | 444_| 466 Oct-17_| Reversal of RCM credit-Water Expense (7790/0 Lutes 70 CoD Oct-17, | Reversal of RCM eredit-Food Expense 18,858 | 1,697 _| 1,697_| 1,782 | Sep-17_| Reversal of RCM credit - Tea Expense _ 5,028__|453__| 453__| 475 | Reversal of RCM credit - Site Staff Water | | Sep-17_| Expense 8,760 __|788__| 788__| 828 | Sep-17_| Reversal of RCM credit-Food Expense 3,070__|276__|276 _| 290 sal July | GST short paid for the services of Labour 2017 _| Contractor reed in the month of July 2017 86,284 _| 7.766 8,15 a | IL 16,131 | 16,131 | 16,937 |Minutes of MMCM held on 08.09.2021, summary of Detec + Rs.50,60,708/- T ‘ Interest 159,179/- Penalty 9/= Tot: fl 20,436/- Amount Recovered Tax Paid Cash Rs. 3,031/- Interest Paid Rs. 1,59,179/- Penalty paid _ Rs $49/- Total amount recovered __ + Rs. 1,62,759/- Page 232 of 254