Para 3.10.31 — MSO
Original Rule Text
3.10.31 Public Sector Undertakings, autonomous or statutory bodies, etc. under the Central or State Governments requiring payments to be made outside India on their behalf through an Indian Mission will arrange to remit the amount in foreign exchange (or in Indian rupees in the case of countries to which such remittance is authorised) directly to the Mission concerned under intimation to the Controller of Accounts, Ministry of External Affairs, and Finance-II Section of the Ministry. In case of payments not exceeding Rs 5,000, the organisations concerned may, at their option, send a rupee draft equivalent to the likely expenditure in the designated foreign currency at the prevailing commercial rate of exchange to the Controller of Accounts, Ministry of External Affairs, duly supported by the foreign exchange sanction of the Ministry of Finance (Department of Economic Affairs). In the latter case, the payments will be made by the Missions on receipt of requests from the organisations duly supported by a duplicate copy of the receipt given by the Controller of Accounts, Ministry of External Affairs.