Effective date of cheque payment: bank clearance determines when government dues are treated as paid under CGA rules. Cheques for collection of tax revenues are governed by the Central Government Accounts (Receipt & Payment) Rules, 1983, and under rule 20 government dues paid by cheque are deemed paid on the date the cheque is cleared/realized by the bank and entered into the receipts scroll, rather than on the date the cheque is tendered; CTRs now apply only to limited categories after departmentalisation.
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Effective date of cheque payment: bank clearance determines when government dues are treated as paid under CGA rules.
Cheques for collection of tax revenues are governed by the Central Government Accounts (Receipt & Payment) Rules, 1983, and under rule 20 government dues paid by cheque are deemed paid on the date the cheque is cleared/realized by the bank and entered into the receipts scroll, rather than on the date the cheque is tendered; CTRs now apply only to limited categories after departmentalisation.
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