Para 3.23.13 — MSO (Audit)
Original Rule Text
3.23.13 The procedures for auditing discounts on stamps vary from State to State. In some States, the discount is entered in a schedule against each item of sale, and the vendor signs a receipt on the schedule itself or separately, the rate of discount applicable usually being certified by the treasury officer. In other States, a bill for the discount, in an abstract form, is sent to the Accountant General (A&E) duly countersigned by the competent authority. The certificate of the treasury officer or the countersignature of the competent authority is accepted as the authority for admitting the charge in Central Audit.
- Payment of Fees
What This Means
The audit of stamp discounts (commission paid to stamp vendors) varies across states. In some states, the discount is recorded item-by-item with vendor receipts and treasury officer certification. In other states, an abstract bill is sent to the AG (A&E) with countersignature from the competent authority. The auditor accepts the treasury officer's certificate or the competent authority's countersignature as sufficient authority to admit the charge.
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.
Key Points
- 1Stamp discount audit procedures differ from state to state
- 2Some states record discounts against each sale with vendor signatures on the schedule
- 3Other states submit abstract bills countersigned by competent authority
- 4Treasury officer certifies the applicable discount rate
- 5The certificate or countersignature is accepted as authority for admitting the charge in Central Audit
Practical Example
In Rajasthan, a stamp vendor sells judicial stamps worth Rs 1 lakh and claims a 2% discount of Rs 2,000. The treasury officer certifies the discount rate and verifies the original sale. The auditor checks that the vendor's receipt is on record, the discount rate matches the prescribed schedule, and the treasury officer's certification is present before admitting the Rs 2,000 as a valid expenditure.
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.
Frequently Asked Questions
Why do stamp discount procedures vary across states?▼
What is meant by 'admitting the charge in Central Audit'?▼
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.