Para 19.2 — MSO (A&E)
Original Rule Text
19.2 After compilation in the Office of the Accountant General (A&E) the vouchers will be kept ready for audit by the Accountant General (Audit). On completion of audit by Accountant General (Audit) the Accountant concerned will total all the vouchers by loans for each of the two schedules of payments and number them consecutively for each loan in blue pencil in the upper right hand corner. To each bundle should be added a covering list, in Form 91, of which the total must be checked and agreed with the total of debits in the month’s accounts against each loan.
Note:- Bearer bond coupons and stock interest warrants should not be included in the lists of vouchers for interest payments on promissory notes, but there should be separate covering lists for each class of voucher, viz. Vouchers for interest payments on promissory notes, stock interest warrants and bearer bond coupons.
- CHAPTER 19 MISCELLANEOUS LISTS FOR THE PUBLIC DEBT OFFICE
# REFUNDS OF REVENUE
What This Means
After the AG (A&E) office compiles the interest payment accounts, the vouchers are kept ready for the AG (Audit) to audit. Once audited, the accountant totals all vouchers by loan type for each payment schedule, numbers them consecutively in blue pencil, and attaches a covering list (Form 91) whose total must match the monthly debit for each loan. Bearer bond coupons and stock interest warrants get separate covering lists.
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.
Key Points
- 1Vouchers are compiled by AG (A&E) and kept ready for AG (Audit)
- 2After audit, vouchers are totalled by loan for each of the two payment schedules
- 3Vouchers are numbered consecutively in blue pencil in the upper right corner
- 4Each bundle gets a covering list in Form 91 that must reconcile with monthly debits
- 5Bearer bonds, stock warrants, and promissory note vouchers require separate covering lists
Practical Example
The accountant handling Central Government loans finishes compiling March vouchers. After the AG (Audit) completes the audit, she totals all promissory note interest vouchers for the 7% Government Securities loan, numbers them 1 through 45 in blue pencil, and prepares a Form 91 covering list verifying the total matches the Rs. 12.5 crore debit in March accounts.
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.
Frequently Asked Questions
Why are vouchers numbered in blue pencil specifically?▼
Can bearer bond coupons be included in the same covering list as promissory note vouchers?▼
What is Form 91 used for?▼
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.