Section 98(1) in The Jammu and Kashmir Panchayati Raj Rules, 1996
(1)A stock book shall be maintained in Form 13 for all stores e.g. postage stamps, material for public work and forms used by the Panchayat, tools and plants, oils, wicks, chimneys, books and all other equipment. All entries shall be recorded by the Secretary and initialled by the Sarpanch.The stock shall be verified once in every three months by such persons as the Sarpanch may direct and the fact of verification shall be recorded.
