Rule 92 — GFR

Rule 92 Subsidiary Accounts of Government Departments undertaking commercial activities. Where the operations of certain Government Departments working on a commercial or quasi- commercial basis e.g., an industrial factory or a store cannot be suitably brought within the cash-based Government accounting system, the Head of the units shall be required to maintain such subsidiary proforma accounts in commercial form as may be agreed between Government and Comptroller and Auditor General of India. This includes the maintenance of suitable Manufacturing, Trading, Profit & Loss Accounts and Balance Sheet.