Rule 101 — GFR

Rule 101 Capital receipts during construction mainly to be utilised in reduction of capital expenditure: Capital receipts in so far, they relate to expenditure previously debited to Capital accruing during the process of construction of a project, shall be utilised in reduction of capital expenditure. Thereafter their treatment in the accounts will depend on circumstances, but except under special rule or order of Government, they shall not be credited to the revenue account of the department or undertaking.