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Brief
On December 17, 2024, the Comptroller and Auditor General (CAG) issued an update regarding Audit Report No. 17 of 2024 - Performance Audit on ‘Export Promotion Capital Goods (EPCG) Scheme’, Union Government (Customs) presented in Parliament. The report contained 72 audit observations and 26 recommendations, with revenue implications of ₹479.81 crore, and response were received only for 31 paras from Central Board of Indirect Taxes and Customs (CBIC)/DGFT.
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