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Payment to Suppliers etc. by Government Departments through e-Payment: CGA(FinMin) OM

Payment to Suppliers etc. by Government Departments through e-Payment: CGA(FinMin) OM

cash-payment-to-suppliers

F. No. 3(2)(1)/2016/R&P Rules/Amendment/ 649
Ministry of Finance
Department of Expenditure
O/o Controller General of Accounts
Mahalekha Niyantrak Bhawan,
GPO Complex, E-Block, INA
New Delhi-110023
Date: 05-12-2016.

OFFICE MEMORANDUM


Subject: Payment to Suppliers etc. by Government Departments through e-Payment.

A reference is invited to this office O.M. No. 1(1)/ 201 1 / TA /366 dated 1st August 2016 regarding payment to Suppliers etc. above Rs. 10,000 / – by Government Departments through e-Payment.
2. In order to attain the goal of complete digitization of Government payments, the existing limit of Rs. 10,000 / – prescribed in paragraph 2 of this office O.M. dated 1st August 2016 has been further reviewed. It has now been decided to lower the threshold limit to Rs. 5,000 / -(Rupees five thousand only).
3. All Ministries / Departments of the Government of India shall ensure with immediate effect that all payments above Rs. 5,000 / – (Rupees five thousand only) to suppliers, contractors, grantee / loanee institutions etc. are made by issue of payment advices only.

This issues with the approval of the Fignce Minister.

sd/-
(Soma Roy Burman)
Joint Controller General of Accounts

Source: [Download CGA Order ##download##]

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