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Section 32: Remittance of cash and cheques

The Karnataka Municipalities Accounting and Budgeting Rules, 2006.State Rules of Karnataka · 1964

(1) Every day morning the cashier shall first remit the amount held by him at the close of the previous day into the treasury or bank concerned. In case of unusually large collection in a day, the 23 Municipal Commissioner or the Chief Officer as the case may be, shall make special arrangement for its deposit into the bank on the same day or make special arrangement for security at the Municipal Office.

(2) For remittance into the treasury or bank, the Cashier shall fill up the necessary challan or pay-in-slip prescribed by the treasury or the bank and shall remit the amount to the treasury or bank duly obtaining the acknowledgement of the concerned treasury officer or bank cashier in the counterfoil. He shall then paste the counterfoil in a separate Remittance Book according to a running serial number. Remittance book shall be in the custody of the Cashier.

(3) It shall be the duty of the Office Manager and the Municipal Commissioner or Chief Officer to verify the Remittance Book on a daily basis and weekly basis respectively.

(4) It shall be the responsibility of the Accountant to get bank statements collected on a weekly basis and confirm that remittances have been fully credited into the bank account. Any discrepancy in remittances shall be reported immediately to the Municipal Commissioner or Chief Officer as the case may be. .

(5) Remittances to Bank shall be recorded in cash book and bank book through a contra voucher, based on the pay-in-slip or bank challan received.

Where this provision sits

ActThe Karnataka Municipalities Accounting and Budgeting Rules, 2006.
Section32
Marginal noteRemittance of cash and cheques
JurisdictionState of Karnataka
StatusIn force as published by the source

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