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No.PG/15/A/cs/08480
Maharashtra
State Electricity Board Prakashgad,
4th floor, Bandra (E),
Bombay-400051.
Date: 5th March 1988
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Departmental
Circular (Com) No. 432
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Sub
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Levy
of delayed payment charges and interest on
balance amount less than rupee one.
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Ref :
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Departmental Circular (Commercial) No. 393 issued vide letter
PG- 15/A/cs/41728 dated 9.9.85 |
............Instructions
have been issued vide the above Departmental Circular
that when a payment is made in cash, no DPC and interest
charges should be levied in case of short payments
of less than rupee one due to shortage of coins. Govt.
of Maharashtra has issued Circularclated 1.4.1987
specifying that all monetary transactions involving
Govt. should be accounted for and paid/received inrounded
rupee. These directives are effectivefrom 1.4.1987.
Therefore the rounding of the energy bills in consultation
with the Govt. of Maharashtra is under process. Meanwhile
all Officers are requested to note that in respect
of payment made either by cash or by cheque no D.
P.C and interest should be levied when the amount
of arrears not paid is less than rupee one. However,
the above amount is to be carried forward as arrears
to the next bill.
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Sd/-
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Chief Engineer
(Com)
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