Rule 262 — GFR

Rule 262 Annual Returns. Each Principal Accounts Officer shall submit to the concerned Ministry or Department of Government, a statement in Form GFR 13 showing the details of outstanding Central Loans borne on his books as on thirty-first March each year. This statement shall be submitted not later than the following thirtieth September and shall indicate the aggregate of outstanding balance of loans, details of defaults, if any, in repayment of principal and/ or interest and the earliest period to which the default pertains, against each State or Union Territory Government, foreign Government, Railway or Department of Posts funds, Central Public Sector and other Government Institutions etc. Where, however, detailed accounts are not required to be maintained by the Accounts Office, the statement shall contain departmental authority-wise aggregate balances of outstanding loans.