Section 98(2) in Jammu and Kashmir Panchayati Raj Rules, 1996
(2)The stock of all stores of Halqa Panchayat shall also be verified once in a year by any person nominated by Sarpanch who shall certify the present position of each article of the store in the stock book maintained by Halqa Panchayat and make out a list of all unserviceable articles indicating date of purchase of each article and the cost thereof and submit to the Sarpanch for action.
