Para 4.4.5 — CAM
Original Rule Text
4.4.5 In the case of operation of remittance heads by External Affairs Offices etc. referred to in para 8.8.1 of this Manual, the original adjustment of debit against these heads arising at the time of compilation of the payment vouchers will be done in a manner similar to adjustment under 'PAO Suspense', dealt with in para 8.2.1, with the difference that the settlement will be done by issuing advices on RBI, CAS, Nagpur instead of issue of cheques. The responding stage in these cases will commence with the issue of an advice to RBI(CAS) Nagpur. The advices may be entered in a separate register in form CAM 65. When the clearance memo is received from RBI, Nagpur, it should be entered in C.A.M.17A, in order to effect responding minus debit to the relevant remittance head from the monthly total there under. The corresponding debit will be given against the head '8675-Deposits with Reserve Bank - Central - Civil - Reserve Bank (CAO). Ordinarily, no balance should remain outstanding under these remittance heads at the close of the accounts of a financial year.