The Comptroller and Auditor General (CAG) of India has pulled up the Maharashtra state excise department for serious lapses in its operations, which have led to a substantial revenue shortfall, reported news agency PTI.

The CAG report pointed out that due to incorrect assessment of licence renewal fees, the state lost Rs 20.15 crore in revenue and Rs 70.22 crore in interest.

The audit further stated that failure to implement revised rates for supervision fees had caused an additional shortfall of Rs 1.20 crore, reported PTI.