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Union of India - Section

Section 5 in Compensatory Afforestation Fund (Accounting Procedure) Rules, 2018

5. Recoupment from National Fund/State Fund.

- (i) The Pay and Account Officer of the Ministry of Environment, Forest and Climate Change shall make the accounting adjustment with the National Fund as deduct recoveries and this ensures that the expenditure is adjusted from the National Fund and the balance continues to remain in the interest bearing, non-lapsable fund in Public Account.
(ii)The following entry shall be made in the books of Pay and Accounts Officer -
Debit Code Description
Major Head Existing 8121 General and other Reserve Funds
Minor Head New 128 National Compensatory Afforestation Fund(NCAF)
(-Debit)
Major Head Existing 2406 Forestry & Wild Life
Sub Major Head Existing 04 Afforestation and Ecology Development
Minor Head Proposed 903 Deduct Amount met from National CompensatoryAfforestation Fund (NCAF)
Object Head   70 Deduct recoveries
Note: The arrangement for State Government(s) shall be similar to that of Central Government and the Minor Head for "Deduct Amount met from State Compensatory Afforestation Fund (SCAF)" is '904'.