CHAPTER - 14
BANK RECONCILIATION - REVENUE ACCOUNTS OF C.B.E.C.

14.1    The system of collection of revenue receipts/refunds under the Major Heads relating to CBEC (other than customs revenue and other dues at the Major Customs Houses) introduced on 1st April, 1977, after departmentalisation of revenue accounts of CBEC, was revised w.e.f. 1st April, 1986. The revised system was recommended by the “Working Group on Govt. Accounts” of R.B.I. Under the revised system only one bank having an extensive net-work of branches has been nominated in each Collectorate to collect the revenues of CBEC. This nominated bank in each Collectorate, has been made responsible to credit the collection to the account of CBEC with the RBI, Central Accounts Section at Nagpur and also to render accounts to the PAO of the Collectorate. https://trustedbrokerslist.com free binary options trading demo.

14.2    Deposits are made in the branches of the nominated bank in the Collectorate in cash or by means of cheque or draft alongwith a challan in form GAR-7 (old TR-6) (in quadruplicate), separately for each Major Head of Account. The cheques/drafts are drawn in favour of the Pay and Accounts Officer. In the case of Central Excise duties on matches required to be paid in the shape of match excise-bandrolls, the assessees should prepare the challan in quintuplicate. As a result of introduction of computerisation for accounting of Central Excise revenue, the assessees are required to pre-print the challans with all the codes prescribed by CBEC.

Different colour of challans have been prescribed to facilitate proper segregation :

0037 - Customs - Buff
0038 - Union Central Excise - White
0444 - Service Tax - Yellow
0045 - Other Taxes and Duties - Pink
0047 - Other Fiscal Service - Green
0875 - Other Industries- Blue

14.3    After carrying out necessary prescribed checks and returning duplicate and triplicate copies of receipted challans to the assessees, receipt scrolls are prepared (separately for each Major Head of account) in triplicate, in the form Annexure 1. Each day’s scroll is given a running serial number prefixed by a numeral denoting the Major Head of account, for the financial year from 1st April to 31st March to facilitate detection of any omission.

14.4    At the beginning of the next working day, the receiving branches forward to its Focal Point branch the following documents with a forwarding letter in the form 1-A. The Focal Point branch, the Collectorate and the PAO are normally located at the same station.

  1. original copies of the scrolls with original copies of challans (arranged Major Headwise) and in the same order as they are entered in the scrolls;
  2. duplicate copies of the scrolls (without challans) arranged Major Headwise; and
  3. quadruplicate copies of challans stitched in order in which they are entered in scrolls and arranged Major Headwise.

The receiving branches also transfer amounts as per scrolls, to their Focal Point branch, through usual inter-branch accounting procedure of the concerned bank.

14.5    The Focal Point branch will also be working as a receiving branch. The Focal Point branch would take following action on the documents received from the receiving branches :-

(i)    check that all challans have been attached and their amount agree with entries in scrolls and the remittance received through inter branch account;

(ii)    check that scrolls as received are in serial order and take action for missing scrolls;

(iii)    Consolidate by stitching the duplicate copies of scrolls of receiving branches Major Head-wise and retain it for its record;

(iv)    Consolidate and stitch Major Head wise, the original copies of scrolls and challans received from all receiving branches; consolidate Major Head-wise the quadruplicate copies of challans;

(v)    Stamp two copies of challans with legend “Credited to Government Account” with its date stamp;

(vi)    Prepare daily Main Scrolls (in the form Annexure 1-B, 1-C and 1-D) in triplicate, Major Head-wise and send the original and duplicate copies of the main scrolls to PAO of the Collectorate on a day to day basis alongwith the original scrolls and challans received from all receiving branches. Likewise the quadruplicate copies of challan, Major Head-wise and Range-wise would be sent to the nominated Range Officer or the Supdt. Customs as the case may be, at the Centre with a covering memo indicating total number of challans and their total amount and 

(vii)    Rectify any mistake/discrepancy pointed out by the PAO after proper verification through error scrolls, as per prescribed procedure.

(viii)    Furnish a certificate of reconciliation on the last day of the following month to the concerned PAO that no amount of Central Excise and Customs collection made in the previous month is lying either in arrears with the collecting branch under its control or in the pipeline between FPB and the collecting branch.

14.6    At the Departmental treasuries existing in Central Excise Collectorate at Mumbai, Calcutta and Delhi, revenue receipts will be consolidated and deposited with Focal Point branch alongwith challans in triplicate (separate for cash and cheque/drafts) for each Major Head. The consolidated challan for cheques/drafts shall be accompanied by a statement in triplicate drawee bank-wise. After verifying the correctness of the statement, the Focal Point branch will return the triplicate copies duly signed to the treasury. After collecting the proceeds of cheques/drafts, the duplicate copies of the receipted challans and statement duly verified for having collected the proceeds of cheques/drafts will be returned by the Focal Point branch to the treasury. In case any cheque is dishonoured, necessary remarks will be made in the statement against the entry and the total amount in the relative challan corrected and dishonoured cheque returned to the departmental treasury against acknowledgement. The remaining procedure by the Focal Point branch shall be the same as in the case of other receipts.

14.7    REFUND OF REVENUE

One branch of the nominated bank located at each of the divisional headquarters of the Collectorate is selected for making payments of refunds/rebates/draw backs on cheques issued by the Divisional officers. Such cheques are marked “Revenue Refunds and Rebates” with rubber stamp. Separate payment scrolls Major Head-wise are prepared in the form Annexure 1-C in quadruplicate, giving running serial numbers for each financial year. Two copies of the daily scroll alongwith paid cheques are sent to Focal Point branch daily and amounts of payments transferred to Focal Point branch through inter-branch account. Triplicate copy of each scroll is sent to the Divisional officer who checks them and reconciles discrepancies, if any, with the paying branch under advice to the PAO.

14.8    On receipt of the payment scrolls, the Focal Point branch prepares a daily Main Payment Scroll in triplicate-Major Head-wise (in the form Annexure 1-D), after carrying out necessary checks. Two copies of Main Scroll with original copy of paying branch scroll and the paid cheques are sent to PAO.

14.9    The Focal Point branch enters totals of Main Scrolls (receipts and payments) in a register in prescribed form. On the basis of these entries Focal Point branch prepares a Daily Memo in prescribed form, and sends it to the Link Cell at Nagpur for settlement with RBI, CAS, Nagpur. The Link Cell may deal with more than one Focal Point branch. The Link Cell maintains a Day Book (in prescribed form) containing Major Head-wise Summary of the daily amounts put through by the Link Cell to RBI, CAS, Nagpur.

14.10    The Focal Point branch renders to PAO by 4th of the following month, monthly statements (3 copies) commonly known as DMS - showing date-wise receipts and payments reported to PAO (as per Daily Main Scrolls) and settled with RBI, CAS, Nagpur (in forms as per Annexure II & III). The original copy is sent to Link Cell. The mistakes/discrepancies pointed out by the PAO are rectified by the Focal Point branch through the monthly statement (DMS) of the subsequent month and implications, if any, are reported to Link Cell for settlement with RBI, CAS, Nagpur.

14.11    Monthly Put Through Statements

14.11    On the basis of the Day Book, the Link Cell at Nagpur prepares PAO wise put through statements (in forms as per Annexure IV and V) (in quadruplicate) by 15th of the following month of receipts and payments separately in respect of amounts put through to RBI, CAS, Nagpur during the previous month. The Link Cells dealing with more than one Focal Point branch, also prepare (in quadruplicate) a monthly summary of the aggregate amounts put through in respect of all such PAOs (Collectorates) in forms as per Annexure VI and VII for receipts and payments separately for submission to Pr. CCA, CBEC. The monthly Put Through statements are got verified by the RBI, CAS, Nagpur. One copy of the statement is sent by the Link Cell to the Focal Point branch for checking and settlement of discrepancies and another copy is sent to PAO direct for verification at his end and settlement of discrepancies by the Focal Point branch. One copy of the monthly statement of the Link Cell and summary (where applicable) as verified by the RBI, CAS, Nagpur is sent by the RBI to the Pr.CCA, CBEC clears the head “PSB Suspense-Bank-X by transfer to the head “8675-Deposits with Reserve Bank”.

14.12    CUSTOM HOUSES AT MAJOR PORTS

The Custom House at the major ports at Mumbai, Calcutta, Chennai, Cochin, Visakhapatnam, Kandla and Goa have departmental treasuries which act as ‘receiving’ treasuries. The departmental treasuries existing at these major ports collect Customs revenue receipts relating to Major Heads "0037-Customs" and "0045-Other Taxes and Duties on Commodities and Services-Foreign Travel Tax" and "0047-Other Fiscal Services-Other Receipts-Receipts Under Gold Control Act 1968". The Public Sector Banks at these centers are not permitted to accept customs revenue relating to these Customs Houses. These departmental treasuries follow further procedure as given in para 14.6.

The RBI Offices at Mumbai, Calcutta and Chennai function as Focal Point branches for Customs Houses there. The branches of SBI already nominated as Focal Point branches under the previous arrangements, continue to act as Focal Point branches for Customs House treasuries at Cochin, Kandla, Visakhapatnam and Goa.

Note :    The Gold Control Act has since been abolished.

14.13    The revenue of the undertakings at Ghazipur and Neemuch, through the sale proceeds of the opium is accounted for under 0875-Othe Industries. 90% of the value of the opium is realised on shipment through Letter of Credit opened by the foreign buyers in scheduled banks while balance payment is made on receipt of the report of test as to the morphine content. The amounts realised are deposited with RBI, New Delhi which settles with PAO concerned through drafts. The sale proceeds may also be deposited in branches of SBI who settles with PAO concerned. The recovery of the cost of alkaloids and medicinal opium supplied to pharmacists is deposited in one of the branches of SBI at the place of the factory concerned. The sale proceeds of opium to States, are recovered by the factories from the States by cheques or DDs.

14.14    SBI has been allocated the work of handling the revenue accounts of the Collectorates of Central Excise and Customs at Goa, Guntur, Kanpur, Madurai, Nagpur, Patna, Aurangabad, Shillong and Calcutta II. One branch of SBI at the Headquarter of these Collectorates acts as Focal Point branch for that Collectorate. These Focal Point branches report transactions to SBI, GAD, Mumbai for consolidation and settlement with RBI, CAS, Nagpur directly on a day-to-day basis.

14.15    ACTION IN PAY AND ACCOUNTS OFFICE

On receipt of the Main Scrolls and supporting documents from the Focal Point branch, the PAO of the Collectorate, gets them checked by applying usual checks and one copy of the scroll (duplicate copy) duly verified is returned to the Focal Point branch, the same day or the following day. In case there is any discrepancy such as totaling mistake, or some challans not received, the PAO gets in touch with the Focal Point branch either on telephone or by making a personal visit, and points out the mistakes or/obtains the missing challans. If there is only an arithmetical error and the Focal Point branch admits the same, the scroll is corrected by the PAO under his initials and the scroll is returned to the Focal Point branch after recording verification thereon. Other mistakes/discrepancies pointed out by the PAO are rectified by the Focal Point branch after proper verification through error scrolls. In case a challan is missing, the main scroll is not rejected. The scroll is admitted and accounted for fully, keeping the amount of the missing challan under the head Receipts awaiting transfers to other minor heads under 0038-union Excise Duties-60 Other Receipts until the challan is received or the item is rectified otherwise. Normally the discrepancy is settled in the same month or in the following month. In other words no discrepancy or missing challans is allowed to be carried over for a longer period.

14.16    The Focal Point branch renders by the 4th of the following month, monthly statements (in quintriplicate) indicating date-wise, Major Head-wise receipts and payments during the month, in Annexure II and III. These are commonly known as DMS and are verified with reference to the daily Main Scrolls which already stand verified by the PAO. In case the daily Main Scrolls are verified correctly, on a day to day basis there is no difficulty in verification of the DMS and there should not be a single case of discrepancy between the figures of the Focal Point branch and the PAO, at the close of the month. The discrepancy, if any, is settled with Focal Point branch. The process of verification including rectification of any error in consultation with the Focal Point branch, does not take more than 4-5 days. One copy each of the DMS, after recording verification thereon is sent by the PAO to the Focal Point branch and the Pr.CCA, CBEC by the 10th of the following month.

14.17    After the scrutiny of the Main Scroll as provided for in para 14.15 above, the challans and refunds and drawbacks are classified to final heads of accounts. The amount of Main Scrolls is simultaneously posted in separate register of Public Sector Bank Suspense. The PAO tallies the monthly gross receipts/payments worked out in this Register with the gross amounts shown in the DMS of receipts/payments sent by the Focal Point branch and records a certificate in the Register. Thereafter the PAO takes the figures of receipts and payments for each month to the account head 8658-Suspense Accounts PSB Suspense-Bank-X (name of the bank) on the appropriate side of the compiled monthly account i.e. debit/credit respectively.

14.18.1    As stated in para 14.11, the PAO gets one copy of the put through statements from Link Cell of the nominated bank (duly verified by RBI, CAS, Nagpur) normally by the 15th of the following month. The PAO has to ensure that the discrepancies, if any, are settled by the Focal Point branch immediately. The statement received from the Link Cell, shows the date of put through, date of transaction under each major head separately. The PAO compares the figures and ensures that the amounts have been correctly put through as per the verified DMS. This comparison of the two statements reveals either of the following defects :-

(a)    LESS/EXCESS CREDITS :

Less/excess credits appear (i) because of the fact that the telegrams, telephone or telex messages are not correctly deciphered by Link Cells and (ii) because of mistakes committed by the Focal Point branch, etc. These mistakes coming to the notice of the PAO are brought to the notice of the Focal Point branch immediately to take up the matter with its Link Cell for adjustment of the excess/less credit in the ‘put through’ statement of the following month.

(b)    CORRESPONDING ERROR :

The case of corresponding error is not referred back to the bank for rectification, as the total revenue of Government is not affected. The PAOs can correct these errors and inform the Focal Point branch accordingly who in turn informs the Link Cell. The Link Cell shows these corrections under the relevant columns by a single entry by putting the minus or plus entry sign as the case may be in their monthly statements. In support of this single entry, the Link Cell is to attach an explanatory memo of these corrections as per Annexure VIII.

(c)    AMOUNTS NOT PUT THROUGH

The transactions of last 2-3 days of DMS are normally put through in the first few days of the next month due to communication delays. The transactions found to have not been put through for a large number of days are taken up with Focal Point branch on personal basis by PAO.

(d)    DELAYED REMITANCES

All the challans should be scrutinised to detect cases of delays in the remittance beyond maximum period of 5 days in case of local branches and 9 days in case of outstation branches. These delays should be investigated to ascertain whether these have occurred at the receiving branch or the Nodal Branch of the Bank. A record of all such cases of delayed remittance should be kept in the Pay and Accounts Office in a register in the prescribed form. Matter should be taken up with the Bank for suitable remedial action to prevent such delays in future. Further, the penal interest is chargeable on (i) all transactions not remitted to the Government account with in a period of month and (ii) the transactions of Rs. 10 lacs and above not remitted to the Government account with in a period of 15 days. The period for the above purpose will be counted form the date of receipt of the collections at the receiving branch till the date prior to settlement with RBI, CAS, Nagpur for credit to Government Account through the bank's link cell at Nagpur. PAOs will identify such cases and impose the penal interest on Banks at their level itself and make efforts to recover penal interest. Monthly reports, as may be prescribed by the Pr. Accounts Office, will be sent by the PAO to the Pr. Accounts Office by prescribed date for further monitoring and taking up the matter with the higher authorities of the banks wherever necessary. However, the cases of Rs. One crore and above delayed beyond 15 days will be processed by the Pr. Accounts Office and taken up with the banks for recovery of penal interest. PAOs should report all such cases to Pr. Accounts Office. While detecting delayed remittance cases and imposing penal interest the instructions contained in CGA's circular letter No.S-11012/3/84/RBD/1144-1193 dated 21.12.84 as amended from time to time will have to be kept in view. The Pr. CCA, CBEC will submit a consolidated quarterly report of delayed remittances to CGA in CAM-89.

14.18.2    In case of SBI, there is at present no system of verification of put through statements individually for each PAO by the RBI as is being done in the case of other Public Sector Banks. This is done by them jointly. The computer print outs sent by SBI, GAD, Mumbai to each PAO is to be taken as the verified statement for the purpose of reconciliation. The consolidated verification and accuracy of the print outs is to be watched by the office of the Pr.CCA, CBEC.

14.19    Apart from verification of DMS, the PAO is required to conduct reconciliation of amounts indicated in DMS and the amounts verified by him in the form in CAM - 78. In addition, the PAO will also conduct the reconciliation between the amounts of DMS and amount put through by Link Cell/SBI, GAD, Mumbai in the form CAM -77. The PAO will send a copy of each of these reconciliation statement to the Pr. AO by 1st week of 2nd following month.

14.20    The PAO prepares a statement of monthly reconciliation as per DMS and the amounts as booked under PSB Suspense in the form CAM - 76. Proper explanation/reasons for the difference with reference to DMS is to be given in the statement. Action taken for clearance is also indicated therein. This monthly reconciliation statement is submitted by PAO alongwith monthly account booklet to the Pr. AO.

14.21    THE PRINCIPAL ACCOUNTS OFFICE

The copy of the monthly statement of put through by Link Cell and summaries (where applicable) as verified by RBI, CAS, Nagpur are sent by the latter to the Pr. CCA, CBEC, by 15th of the month following the month of account (i.e. month to which the statement pertains). On receipt of this statement the Pr.CCA, CBEC, clears the head PSB-Suspense Bank-X (booked by the PAOs) by transfer to the head 8675-Deposits with Reserve Bank.

14.22    The Pr. AO gets one copy of the DMS, duly verified from the PAO (para 15.16 refers). The difference between the amounts shown in the verified DMS and the corresponding amounts Put Through by the Link Cell of the Banks, are analysed in the proforma CAM - 77. The difference between the figures shown by the Focal Point branch in the DMS and the figures accepted and certified by the PAO on DMS is analysed in the proforma CAM - 78 for watching subsequent clearance.

14.23    The amounts put through by Link Cell every month in respect of each PAO are noted in the Broadsheet of amounts Put Through by Link Cell Part I in the form CAM - 79. The aggregate amounts of Datewise Monthly Statements and corresponding amounts put through, form CAM - 79 are taken to the Part II of this Broadsheet in the form CAM - 80. In this form it is consolidated PAO/Bank-wise for CBEC as a whole.

14.24    The Pr. AO maintains a Broadsheet of PSB Suspense in the form CAM - 81 separately for Receipts (Debit) and Payments (Credit). In order to have age-wise analysis of the balance under "PSB Suspense" record shall be kept in the form CAM - 82.

ANNEXURE I
(Ref. Para 14.3)

 

Name of the Bank Code No. Station: Serial No.  ___________/________
Branch: Code No. Date:

Receipt Scroll : Central Excise & Customs 

Major Head of Account.
PAO ________________ Collectorate  PAO Code No.  _______________________

 

Sr. No.

Name of the assessee

Cash 

Clearing

Transfer

Total 

Initials

Remarks

Rs. P. Rs. P. Rs. P. Rs. P.
 

 

 

 

                     

ANNEXURE 1-A
(Ref. Para 14.4)

Date…………………….

By Registered Post
To

The Manager

…………………………

(Focal Point Branch)

(Accounting Cell)

……………………..

D/Sir,

    We forward herewith ……………. scrolls and the supporting challans /paid cheques in respect of the transactions of the …………….. Collectorate, for credit/debit of a sum of Rs…..(net) to the a/c of CBEC as detailed below :

Major Head of A/c.

Receipts 

Payments

Net

Rs. 

P.

Rs.

P.

Rs.

P.

0037

     
0038      
0044      
0045      
0047      

TOTAL

     

 

Please acknowledge receipt by returning the perforated slip attached.

Yours faithfully,

Encls. ... Scrolls
 … Challans … 
Cheques Manager

ACKNOWLEDGEMENT

(To be returned to the receiving branch)

Received the documents mentioned in letter dated………. for the net amount of Rs………... for credit /debit to the CBEC account.

To

The Manager
________________ Stamp of the focal point branch
 ________________ (receiving branch)

ANNEXURE I-B
[Ref. Para 14.5(vi)]

 

Name of the Bank Code No. Station: Serial No. ___________/________
Focal Point Branch: Code No. Date:
Receipt Scroll (Main): CBEC Collectorate Major Head of Account.

PAO ________________ 

Code No. ___________________

 

Sr. No.

Name of the Receiving Branch

Code No.

Date of Receiving branch scroll

Amount 

Initials

Remarks

Rs.  P.
 

C .. .. 

Focal Point Branch's (own collection)

         
 

TOTAL

         

ANNEXURE I-C
[Ref. Para 14.5(vi)]

 

Name of the Bank Code No. Station: Serial No. ___________/________
Focal Point Branch: Code No. Date:
Receipt Scroll (Main): CBEC Collectorate Major Head of Account.

PAO ________________ 

Code No. ___________________

 

Sr. No.

Name of the Paying Branch

Code No.

Date of Paying branch scroll

Amount 

Initials

Remarks

Rs.  P.
 

C .. .. 

Focal Point Branch's (own Payment)

         
 

TOTAL

         

ANNEXURE I-D
[Ref. Para 14.5(vi)]

 

Name of the Bank ........................ Code No. ........................ Station: .............. Serial No. ___________/________
Branch: Date:
Receipt Scroll:Central Excise & Customs Major Head of Account.

PAO ________________ 

Code No. ___________________

 

Sr. No.

Cheque No.

Name of assessee

Cash 

Clearing 

Transfer 

Total 

Initials

Remarks

Rs. P. Rs.  P. Rs.  P. Rs.  P.
 

 

 

 

 

               

ANNEXURE II
(Vide Para 14.10)

 

Name of Branch 

Code No. ___________________

ANALYSIS OF THE TRANSACTIONS RELATING TO THE CENTRAL BOARD OF EXCISE AND CUSTOMS FOR THE MONTH OF …………………. PAO …………………….. ……………………..Collectorate 

RECEIPTS

PAO Code No………………….

Major Heads of Account

Date

0037 Customs

0038 Union Excise Duties

0045 Other Taxes and Duties on Commodities & Services - Foreign Travel Tax

0047 Other Fiscal Services

0875 Other Industries -Sale Proceeds of opium, alkaloids & other miscellaneous charges

Total

           
2            
3            
4            
5            
6            
7            
8            
9            
10            
11            
12            
13            
14            
15            
16            
17            

Total

           

Note: 1.    A statement in this form should be prepared in quintuplicate

2.    The original copy should be sent to the Link Cell at Nagpur, three copies to the local Pay and Accounts Officer, Central Excise & Customs Collectorate and fifth copy retained as office copy.

Date 

 ___________________ BRANCH MANAGER  ___________________

ANNEXURE III
(Vide Para 14.10)

 

Name of Branch 

Code No. ___________________

ANALYSIS OF THE TRANSACTIONS RELATING TO THE CENTRAL BOARD OF EXCISE AND CUSTOMS FOR THE MONTH OF …………………. PAO …………………….. ……………………..Collectorate 

PAYMENTS PAO 

Code No………………….

Major Heads of Account

Date

0037 Customs

0038 Union Excise Duties

0045 Other Taxes and Duties on Commodities & Services - Foreign Travel Tax

0047 Other Fiscal Services

0875 Other Industries -Sale Proceeds of opium, alkaloids & other miscellaneous charges

Total

           
2            
3            
4            
5            
6            
7            
8            
9            
10            
11            
12            
13            
14            
15            
16            
17            

Total

           

Note: 1.    A statement in this form should be prepared in quintuplicate

2.    The original copy should be sent to the Link Cell at Nagpur, three copies to the local Pay and Accounts Officer, Central Excise & Customs Collectorate and fifth copy retained as office copy.

Date 

 ___________________ BRANCH MANAGER  ___________________

ANNEXURE IV
(Vide Para 14.11)

 

Name of Branch 

Code No. ___________________

ANALYSIS OF THE TRANSACTIONS RELATING TO THE CENTRAL BOARD OF EXCISE AND CUSTOMS REPORTED DURING THE MONTH OF …………………. PAO …………………….. ……………………..Collectorate 

PAO Code No…………………. 

RECEIPTS

Major Heads of Account

Date

0037 Customs

0038 Union Excise Duties

0045 Other Taxes and Duties on Commodities & Services - Foreign Travel Tax

0047 Other Fiscal Services

0875 Other Industries -

Total

           
2            
3            
4            
5            
6            
7            
8            
9            
10            
11            
12            
13            
14            
15            
16            
17            

Total

           

Note: 1.    A statement in this form should be prepared in quintuplicate.

2.    The original copy should be sent to the Link Cell at Nagpur, three copies to the local Pay and Accounts Officer, Central Excise & Customs Collectorate and fifth copy retained as office copy.

Date 

 ___________________ BRANCH MANAGER  ___________________

 

ANNEXURE V
(Vide Para 14.11)

 

Name of Bank 

Bank Code No. ___________________

ANALYSIS OF THE TRANSACTIONS RELATING TO THE CENTRAL BOARD OF EXCISE AND CUSTOMS REPORTED DURING THE MONTH OF …………………. PAO …………………….. ……………………..Collectorate 

PAO Code No…………………. 

PAYMENTS

Major Heads of Account

Date

0037 Customs

0038 Union Excise Duties

0045 Other Taxes and Duties on Commodities & Services - Foreign Travel Tax

0047 Other Fiscal Services

0875 Other Industries -

Total

           
2            
3            
4            
5            
6            
7            
8            
9            
10            
11            
12            
13            
14            
15            
16            
17            

Total

           

Note: 1.    A statement in this form should be prepared in quintuplicate.

2.    The original copy should be sent to the Link Cell at Nagpur, three copies to the local Pay and Accounts Officer, Central Excise & Customs Collectorate and fifth copy retained as office copy.

Date 

 ___________________ BRANCH MANAGER  ___________________

ANNEXURE VI
(Vide Para 14.11)

MONTHLY SUMMARY OF RECEIPTS PUT THROUGH BY THE LINK CELL OF P.S. BANK…………………….. DURING THE MONTH OF …………… WITH RESERVE BANK OF INDIA , C.A.S., NAGPUR

Major Heads of Account

Collectorate

0037

0038

0045

0047

0875

Total

AHMEDABAD BARODA …….. ……. …….

           

TOTAL

           

ANNEXURE VII
(Vide Para 14.11)

MONTHLY SUMMARY OF PAYMENTS PUT THROUGH BY THE LINK CELL OF P.S. BANK …………………….. DURING THE MONTH OF …………… WITH RESERVE BANK OF INDIA, C.A.S., NAGPUR

Major Heads of Account

Collectorate

0037

0038

0045

0047

0875

Total

AHMEDABAD BARODA …….. ……. …….

           

TOTAL

           

ANNEXURE VIII
[Vide Para 14.18.1(b)]

Name of the Bank………………………

Explanatory Memorandum to the adjustments made during …………………….

Actual date of transaction

Particulars

0037

0038

Total

0037

0038

Total

4.5.98

Receipt of Rs.1,00,371/- taken as Rs.10,371/- under 0038

 

90,000

90,000

     

6.7.98

Amount wrongly advised under 0038 instead of under 0037

10,000

(-)10,000

       

7.7.98

Refunds under 0038 adjusted wrongly in reduction

 

32,240

32,240

 

32,240

32,240

7.7.98

Excess credited Rs.101 instead of Rs.100 under 0037

(-) 1

 

(-) 1

     
 

Total adjustment

9,999

1,12,240

1,22,239

 

32,240

32,240