(l) The Corporation shall within three months of the date of closing of each year submit to the State Government an annual report.
(2) The report shall contain inter alia particulars regarding the-
(a) Industrial areas/estates, entrusted to the Corporation by the State Government;
(b) Programme of work for the year under report;
(c) Progress of work during the year with particular reference to the-
(i) Land acquired;
(ii) development carried out; .
(iii) amenities provided;
(iv) industries established in the industrial area/estates; and
(v) details of any other activities entrusted to and undertaken by the Corporation under and in accordance with the act.
(d) Finance for Corporation;
(e) Changes, if any in the constitution of the Corporation;
(f) the staff of the Corporation for the head quarters work and field work, schemewise;
(g) directions given by the State Government to the Corporation and their compliance.
(3) The Corporation shall also submit to the State Government by the 1st November of each year a progress report based on its working and accounts of the first six months of the year.
12
CHAPTER VI MISCELLANEOUS DISPOSAL BY THE CORPORATION OF LAND ACQUIRED UNDER THE LAND ACQUISITION ACT, 1894.
27. The Corporation shall not sell the lands acquired under the Land Acquisition Act, 1894 but may transfer the same for industrial or allied purposes on lease:
Provided that Government may in individual cases represented by the Corporation, permit the sale.
13 FORM „A‟ (See rule 24(2) ) Annual Financial Statement Sub-head Actuals for the previous three years Budget for the current year Revised Estimates for the current year Budget estimate for 19 - 19 Remarks (Explanation rfor increase/ decrease) 1 2 3 4 5 6 I- Budget Estimates of the Gujarat Industrial Development Corporation (Revenue Receipt)
1. Recoveries of Expenditure.
2. Sale of Tender Forms
3. Recoveries of Fines etc.
from contractors.
4. Hire charges of tools and plants supervision charges on sale of material and other similar receipts.
5. Annual rent of land leased.
6. Annual rent of building.
7. Forfeiture of deposits.
8. Miscellaneous.
9. Subversions from the State Government Deduct refunds Net Receipts II- Budget Estimates of the Gujarat Industrial Development Corporation (Revenue Expenditure)
1.A. Establishment (Administration)
(a) Pay of Officers.
(b) Pay of Establishment
(c) Allowances and Honoraria.
(d) Contingencies Total :- ` 14 Sub-head Actuals for the previous three years Budget for the current year Revised Estimates for the current year Budget estimate for 19 - 19 Remarks (Explanation for increase/ decrease) 1 2 3 4 5 6
1.B. Establishment (Executive)
(a) Pay of Officers.
(b) Pay of Establishment
(c) Allowance and Honoraria.
(d) Contingencies ---------------------------------------------- Total ----------------------------------------------
1.C. Establishment (Accounts)
(a) Pay of Officers.
(b) Pay of Establishment
(c) Allowances and Honoraria.
(d) Contingencies ---------------------------------------------- Total ---------------------------------------------- II. Pension and leave contributions.
III. Contribution of the Corporation to the Staff Provident Fund and other services funds.
IV. Interest on Capital (Rates of interest to be stated).
V. Expenditure connected with the scheme of new loans.
VI. Depreciation –
(a) Special tools and plants.
(b) Vehicles
(c) Buildings
(d) Other tools VII. Maintenance and Repairs
(a) Repairs to tools and plants (special)
(b) Repairs to tools and plans (ordinary) VII. Municipal and other taxes VIII. Miscellaneous expenditure Net expenditure on Revenue Account.
---------------------------------------------- Total ---------------------------------------------- 15 Sub-head Actuals for the previous three years Budget for the current year Revised Estimates for the current year Budget estimate for 19 - 19 Remarks (Explanation rfor increase/ decrease) 1 2 3 4 5 6 III. Budget Estimates of the Gujarat Industrial Development Corporation
1. Balance with the Corporation as on the beginning of the year.
2. Loans from Government during the year.
3. Other loans (public or private)
4. Sale of plots.
5. Sale of buildings.
6. Suspense Account ---------------------------------------------- Total ---------------------------------------------- IV. Budget Estimates of the Gujarat Industrial Development Corporation (Capital account expenditure) *1. Works in progress.
*2. Cost of land.
*3. (a) New works exclusive Cost of land.
(b) Cost of land.
4. Establishment charges transferred from revenue account charged to capital
5. Tools & Plants
6. Amount transferred to Depreciation.
Fund.
7. Amount transferred to other funds.
8. Suspense Account.
---------------------------------------------- Total ---------------------------------------------- *The details of each scheme should be given in Part -V.
16 V. . Budget Estimates of the Gujarat Industrial Development Corporation Details of work in progress New Works Name of scheme Item of capital expenditure Estimated cost of the work Expenditure to the end of last year Amount for the year before last Budget for the current year Revised estimates for the current year Budget estimates for 19--- 19--- Remarks (Explanation for Increase/ decrease) 1 2 3 4 5 6 7 8 9
1. Land Acquisition.
2. Survey and Demarcation
3. Roads
4. Water Works
(a) Head works
(b) Pipe lines.
5. Drainage
(a) Drainage lines
(b) Drainage disposal plants.
6. Electricity
(a) Laying out underground cables.
(b) Sttreet lighting
7. Buildings
8. Bridges
9. Railway slidings Total 17 FORM „B‟ (See rule 24(2) ) Annual Programme of work Sr.
No.
Name of scheme Estimated cost of the work Estimated expenditure in the year for which programme is proposed Estimated receipts Salient features amenities and facilities for industries.
1 2 3 4 5 6 18 FORM „C‟ (See rule 24 (3) ) Statement of Honoraria salaries and Allowances Name of 1[Directors] Scale of pay Present pay Honoraria Travelling allowance and daily allowance Conveyance allowance Dearness allowance Compensatory local allowance House Rent Allowance Total columns 4 to 9 Remarks 1 2 3 4 5 6 7 8 9 10 11
1. This word was substituted for the word, “members” by Notification No.GHU/88/42/GID/1486/3054/G1 dated 4.10.1988.
19 FORM „D‟ (See Rule 25(2) ) GUJARAT INDUSTRIAL DEVELOPMENT CORPORATION, AHMEDABAD Income and Expenditure Account for the year ending Previous year Rs.
Sr.
No.
EXPENDITURE Rs. Rs. Previous year Rs.
Sr.
No.
INCOME Rs. Rs.
1 2 3 4 5 1 2 3 4 5 1 To Establishment and other charges I By Sale of Tender Forms A Establishment II By Recoveries of fines etc. from Contractors.
B Contingencies and Municipal Taxes III By Hire charges of tools and Plants.
C Leave and Pension Contributions. IV By Supervision charges on sale of materials and similar other recoveries.
D Audit Fees Less: Transferred to (excluding expenditure on income as per contra) V By Annual rent of land leased by the Corporation 1 Development Expendfiture VI By forefeiture of deposits 2 Factory Sheds VII By Misc. Receipts II To Interest on government loans.
Less: Interest received on bank and ST deposit Less: Balance transferred to:
1 Development Expenditure 2 Sheds III To Depreciation on as per Schedule „A‟ (Scientific Instruments Ordinary Tools and Plants Vehicles Furniture Telephone Typewriter and Dupl. Machine Cycle Franking Machine) Less: Transferred to (Excluding Depreciation on Tools, Plant given on hire) 1 Factory sheds 2 Development Expenditure IV To Miscellaneous Expenditure:
To Excess of Income over Expenditure transferred to Balance Sheet.
20 GUJARAT INDUSTRIAL DEVELOPMENT CORPORATION, AHMEDABAD Balance Sheet as at 31 st March 19 …….
Figures for the previous year LIABILITIES Rs. Rs. Figures for the previous year ASSETS Rs. Rs.
RESERVES AND SURPLUS Income & Expenditure Account (if any) RECEIPTS ON CAPITAL ACCOUNT Premium price on Lease of plots of Industrial Area as per Schedule „D‟ LOANS From Government Interest accrued on above..
From Others (including interest accrued thereon) DEPOSITS Towards Cost of Constructions from Government.
FIXED ASSETS (At cost as per Schedule „A‟) Gross Value.
Less: Depreciation.
CAPITAL EXPENDITURE
(a) Towards Development of Industrial area and Estates as per Schedule „B‟
(b) Towards construction of Factory Sheds – As per Schedule „C‟ CURRENT ASSETS, LOANS AND ADVANCES A. CURRENT ASSET5 i) Stocks ii) Sundry Debtors :
(a) Debtors considered good.
(b) Debtors considered Doubtful CURRENT LIABILITIES AND PROVISIONS Current Liabilities:
i) Deposits –
(a) From Contractors;
(b) From Industrialists A. against Cement issued B. towards premium price for the plot of land C. For sheds D. Sundry Deposits E.
i) Liabilities for construction and other capital expenditure.
ii) Liabilities for Establishment and other charges including other deductions.
PROVISIONS i) For expenses.
ii) For contingent liabilities.
Less: Provisions.
iii) Cash and Bank Balances:
(a) Cashh with Banks.
(i) In Deposits A/c
(ii) In Current A/c
(b) Cash on hand B. LOANS AND ADVANCES
(a) Loans
(b) Advances for purchase and Expenditures.
(c) Advances to Staff members.
(d) Miscellaneous Advances recoverable in cash or kind.
(e) Sundry Advances including other deposits.
INCOME AND EXPENDITURE ACCOUNT (if any) Deficit to the end of the previous year Total Rs.
21 GUJARAT INDUSTRIAL DEVELOPMENT CORPORATION, AHMEDABAD - 9
SCHEDULE „A‟ Fixed Assets forming part of the balance Sheets as at Sr.
No.
Description Cost of price at Additions during the year Total Deduction Depreciation upto the end of the previous year Depreciati on for the year Total depreciation Net Balance 1 2 3 4 5 6 7 8 9 10 1 Scientific Instruments 2 Ordinary Tools & Plants 3 Vehicles 4 Furniture 5 Telephones 6 Typewriter & Duplicating Machine 7 Cycle 8 Franking machine etc., etc.
9 Other Assets TOTAL 22 GUJARAT INDUSTRIAL DEVELOPMENT CORPORATION, AHMEDABAD
SCHEDULE „B‟ Capital Expenditure Towards Development of Industrial Areas and Estates forming part of the balance Sheets as at Sr.No. Description Expenditure to end of the year Expenditure during the year Total Expenditure Deduction (Written back) Net 1 2 3 4 5 6 7 1 Development Expenditure 2 Establishment Expenditure 3 Interest 4 Depreciation Total 23 GUJARAT INDUSTRIAL DEVELOPMENT CORPORATION, AHMEDABAD
SCHEDULE „C‟ Capital Expenditure for construction of Factory Sheds forming part of the balance Sheets as at Sr.No. Description Expenditure to end of the year Expenditure during the year Total Expenditure Deduction (Written back) Net 1 2 3 4 5 6 7 1 Development Expenditure 2 Establishment Expenditure 3 Interest 4 Depreciation Total Less: Recovery of construction of cost.
Uncovered balance of construction of cost on Factory sheds.
24 GUJARAT INDUSTRIAL DEVELOPMENT CORPORATION, AHMEDABAD
SCHEDULE „D‟ Capital Expenditure Towards Development of Industrial Areas and Estates forming part of the balance Sheets as at Sr.No. Name of Industrial area Receipts to the end of the year Receipts during the year Total Receipts Deductions Net 1 2 3 4 5 6 7 By order and in the name of the Government of Gujarat, R.K. ANKLESARIA Deputy Secretary to Government