KartavyaDesk

How does CAS Nagpur settle inter-State transactions — is actual cash transferred?

Government AccountsGARRule 11

No physical cash is transferred between States. CAS Nagpur maintains accounts for every government and effects the settlement purely through bookkeeping — debiting the paying State's account and crediting the receiving State's account. This is far more efficient than physical cash transfers or inter-State cheques.

Source: GAR Rule 11

Have a follow-up question?

Ask Niti AI for personalized guidance with rule citations.

Ask Niti AI →

This answer is for informational purposes only and does not constitute legal advice. Always refer to the original rules and consult competent authorities for official interpretation.