CAG: 40% of cess collections not going to designated funds

The Comptroller and Auditor General has pulled up the government for diverting a large chunk of the money it collected as cess to the general pool making it difficult to ensure that the funds were used for the intended purpose. It also said the Centre had overstated its revenue and transferred a lower share of Goods and Services Tax (GST) to the states than it should have.

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