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State of Rajasthan - Act

Rajasthan Electricity Regulatory Commission (Annual Statement of Accounts) Rules, 2006

RAJASTHAN
India

Rajasthan Electricity Regulatory Commission (Annual Statement of Accounts) Rules, 2006

Rule RAJASTHAN-ELECTRICITY-REGULATORY-COMMISSION-ANNUAL-STATEMENT-OF-ACCOUNTS-RULES-2006 of 2006

Published on 5 August 2006
Commenced on 5 August 2006
[This is the version of this document from 5 August 2006.]
[Note: The original publication document is not available and this content could not be verified.]

Rajasthan Electricity Regulatory Commission (Annual Statement of Accounts) Rules, 2006Published vide Notification No. G.S.R. 36, dated 5.8.2006Last Updated 24th May, 2019G.S.R. 36. - In exercise of the powers conferred by clause (h) of sub-section (2) section 180, read with sub-section (1) of section 104, of the Electricity Act,2003 (Act No.36 of 2003), the Governor is pleased to make the following rules:

1. Short title and commencement.

(1)These rules may be called the Rajasthan Electricity Regulatory Commission (Annual Statement of Accounts) Rules, 2006.

(2)These rules will come into force from the date of their publication in the Official Gazette.

2. Definitions.

(1)In these rules, unless the context otherwise requires.

(a)"the Act" means the Electricity Act, 2093 (36 of 2003).

(b)"Annexure" means an Annexure appended to these rules.

(c)"Annual Statement of Accounts" means the annual statement of Accounts as prepared under Rule 5.

(d)"Commission" means the Rajasthan Electricity Regulatory Commission constituted under section 82 of the Act.

(e)"financial year" means a period of twelve calendar months ending on the 31st day of March of every year.

(f)"Schedule" means a schedule under an Annexure.

(g)"Statement" means a statement forming part of the annual statement of Accounts:

(2)Words and expressions used and not defined in these rules, but defined in the Act, will have the same meanings as respectively assigned to them in the Act.

3. Accounting Period.

- The accounting period for which the Annual Accounts are to be prepared by the Commission will be a perk d of twelve calendar months beginning from the 1st April of a year and ending on 31st day of March of the subsequent year.

4. Preparation and Submission of Annual Statement of Accounts.

- The annual statement of Accounts of the Commission will be prepared within three months from the end of every financial year and will be forwarded to the State Government immediately after certification by the Comptroller and Auditor General of India or any other person appointed by him in this behalf, together with the Audit report thereon, under sub-section (4) of section 104 of the Act for laying before the State legislature.

5. Forms and Contents of the Annual Statement of Accounts.

- (i) The annual statement of Accounts of the Commission will consist of the following statement of Accounts:

(a)Receipts and payments account in such form as specified in Annexure-I.

(b)Income and expenditure Accounts in such form as specified in Annexure-II.

(c)Balance sheet in such form as specified in Annexure-III.

(ii)The receipts and payment Accounts, income and expenditure Account and balance sheet forming part of the annual statement of Accounts of the Commission will contain schedule-X, Y and Schedule 1 to 5 and A to J respectively.

6. Accounting Registers end Records.

- The Commission will maintain the required registers and records for all financial transactions in the office of the Commission.The formats of the registers and records will be according to the prescribed formats of the State Government where the specific formats have not been specified in these rules.

7. Adoption of the Annual Statement of Accounts by the Commission.

(1)The Annual Statement of Accounts of the Commission will be considered and initially adopted by the Commission before their submission for Audit to the Comptroller and Auditor General of India or to any other person appointed by him on his behalf.

(2)The Annual Statement of Accounts after the completion of the Audit and after incorporating therein any changes necessitated to be considered shall be adopted by the Commission.Annexure-I[See Rule 5]Receipts and Payments Accounts for the year 31st March ...........

Previous Year (Rs.)	Receipts	Amount (Rs.)	Previous Year	Payments	Amount (Rs.)
l	2	3	4	5	6
	1. Opening Balance(i) Cash in hand(ii) Cash in bank2. Grant in aid from Govt, ofRajasthan.3. Receipts of the Commission(i) Receipts from investments(a) Investment encashed.(b) Interest on investment.(ii) Recovery of loans and advancesfrom employees(iii) Other receipts.(a) Commission(b) Fees, fines and penalty.(c) Interest on cash at bank(d) Interest on loans andadvances to employees.(e) Miscellaneous receipts.4. Deposit receipts(i) Security Deposit.(ii) Earnest money deposit.(iii) Other deposit.5. Remittance receipts other than recoveries from pay bills.	.		1. Salary & Allowance:1.1 Pay & Allowance ofChairperson & Members.1.2 Pay & Allowances ofOfficers and Establishment1.3 Pay & Allowances of Staff1.4 Honorarium1.5 Overtime Allowance1.6 Medical and Health CareFacilities1.7 Bonus1.8 Any other establishment charges(to be specified)2. Payments towards professionalfee & other services3. Travel ExpensesDomestic TravelForeign Travel4. Other Administrative Expenses:4.1 Telephone & Fax.4.2 Rent Rates & Taxes4.3 News Paper/Periodicals4.4 Advertisement and Publicity4.5 Postage and Telegram4.6 Liveries4.7 Water & Electricity4.8 Training expenses4.9 Contractual service expenses4.10 Ombudsmen expenses Any other(to be specified)5. Stationary & Printing5.1 Stationary5.2 Printing6. Publications7. Miscellaneous and other expenses8. Repairs & Maintenance:8.1 Buildings8.2 Machinery & Equipments8.3 Furniture & Fixture8.4 Vehicles9. Petrol and Lubricants10. Hospitality Expenses11. Audit Fees.12. Legal charges.13. Provident Funds & OtherContribution:13.1 Pension & Gratuity(including commuted value of pension)13.2 Contribution to CPF13.3. Deposit Linked InsuranceScheme13.4 Leave Salary Contribution13.5 Pension Contribution13.6 Gratuity Contribution14. Interest14.1 Interest on GPF14.2 Interest on CPF14.3 Any others (to be specified)15. Group Insurance Scheme:15.1 EGIS-Saving Fund15.2 EGIS-Insurance Fund15.3 EGIS-Insurance Fund16. Non recurring expenditure:16.1 Land and building16.2 Motor vehicles16.3 Furniture and fixture16.4 Equipment and machinery16.5 Xerox/Duplicating machine16.6 Type writer machines16.7 Books and publications16.8 Fax machine16.9 Telephone installation17. Investments18. Advances to Staff:18.1 House building advance.18.2 Motor Car/Motor cycle/Scooteradvance18.3 Personal Computer Advance18.4 Cycle advance18.5 Festival advance18.6 Others to be specified19. Contingent advance:19.1 Advance for work20. Deposits payments (particulars is to be indicated)

Annexure-II(See Rule 5)Income and Expenditure Accounts for the year ended 31st March.......

Previous Year	Expenditure	Amount (Rs.)	Previous Year	Income	Amount (Rs.)
1	2	3	4	5	6
	A. Establishmentcharges (Schedule X)1. Pay and allowance.2. Wages3. Remuneration for professional aid and other services.4. (a) Leave salary pension contribution.(b) Gratuity (including provisions for gratuity)5. Travel Expenses (Schedule Y)(a) Foreign travels(b) Domestic travels.6. Honorarium.7. Overtime allowances.8. Medical and Health care facilities.9. Bonus:B. Administrative andother office expenses.1. Meeting/conferenceetc2. Telephone and Faxexpenses.3. Others to bespecifiedC. DepreciationTotal:			1. Grants in aid fromGovernment of Rajasthan Add: Grants in aid receivable.Total:Less: Amtcapitalised.Net Total:2. Interest oninvestment.3. Interest on cashat bank.4. Commission/fees5. Miscellaneousreceipts.(i) Sale of oldnewspaper etc.(ii) Sale of tenderpaper.6. Provisions forGratuity Provision made during the year.7. Excess of expenditure over income.

Annexure-III[See Rule 5]Balance Sheet as at 31st March.......

Previous Year	Liabilities	Sch.	Amount	Previous Year	Assets	Sch.	Amount
1	2	3	4	5	6	7	8
	Capital Fund	1			Fixed Assets	A
	Opening Balance Add: Addition during the year				Investments	B
	Add/(less) Excess of Income over expenditure orexpenditure over income during t^he year transferred from incomeand expenditure account				Contingent and other Loans and Advances	C
	Loans				Provident Fund	E
	Liabilities and Provisions				Sundry Debtors	F
	Remittances	2			Grants receivables	G
	Provident funds	3			Closing balance
	Sundry creditors and other liabilities	4			Cash in hand	H
	Provision for gratuities	5			Cash at bank	I
	Total:				Total:

Schedule 1

[See Rule 5]Capital Fund As On 31st March......

Description	Opening Balance	Additions	Total	Amount written off	Closing Balance
1. Land
2. Building
3. Furniture and Fixture.
4. Machinery and Equipment
5. Motor Vehicle
6. Books and Publications
7. Gifted/Donated Assets.
8. Others (to be specified)

Schedule 2

[See Rule 5]Remittances As On 31st March......

Description	Opening Balance	Additions	Total	Amount Remitted	Closing Balance

1. General Provident fund etc. of staff ondeputation.
2. License Fee.
3. Income Tax.
4. Sales Tax
5. Recoveries of loans and advances.
6. Others (to be specified)
Total:

Schedule 3

[See Rule 5]Provident fund as on 31st March......

	Description	Amount (Rupees)	Amount (Rupees)
A.	RERC Provident Fund
	1. Opening Balance.
	2. Subscription
	3. Recovery of advance
	4. Interest
	Total:
	Less : Advance/Final Payment/ Investment
B.	Pension & Other Retirement Benefits Fund.
	1. Opening Balance
	2. Pension Fund
	3. Retirement benefits fund
	4. Interest.
Total:

Schedule 4

[See Rule 5]Sundry Creditors & others Liabilities as on 31st March.....

Description	Opening Balance	Additions	Amt. Remitted	Repayments	Closing Balance
1.	Security Deposits
2.	Earnest money deposits
3.	Sundry creditors
4.	Other liabilities (to be specified)
5.	Unspent grants returnable/refundable to Govt.

Schedule 5

[See Rule 5]Provision for Gratuity as on 31st March......

Description	Amount (Rupees)	Amount (Rupees)
1. Opening Balance
2. Provision made during this year
Total:
Less:
Payment made during this year
1.
2.
3.

Rajasthan Electricity Regulatory CommissionAnnual Accounts 200 - 200

A

Depreciation	Gross Block	Depreciation	Net Block (A-B)
Original Cost	Additions during the year	Deductions	Costs as on 31.3. ... (A)	As on 1.4. ...	For the year 2000-200	Adjustments	As on 31.3.200... (B)
Land and Building
Furniture & Fixture
Vehicle
Air-Conditions
Air-Cooler
Stabilizers
Fax machine
Type writer
Water cooler Ceiling fans Refrigerator
Xerox machine
Books & publications
Computers
Printer
Total:

B

[See Rule 5]Investment as on 31st March.....

S. No.	Details	Amount
1	2	3
	1. *Fixed Deposits with Bank (s)
	(a) Opening Balance
	(b) Investment made
	(c) Investment Encashed
	(d) Closing balance
	2. Investments in National SavingsCertificate/Other Security (to be specified)
	(a) Opening Balance
	(b) Investment made
	(c) Investment Encashed
	(d) Closing balance
	Total Balance: 1(d) + 2(d)
	• Names of Banks to be mentioned
	Details of amount:
	Date of Deposits:
	Period of deposits:
	Date of maturity:
	Rate of Interest:
	Interest:

C

[See Rule 5]Contingent & Other Loans & Advances as on 31st March.....

S. No.	Description	Opening Balance	Additions	Recoveries & Adjustments	Closing Balance
1	2	3	4	5	6
	A. Contingent advance(a) Advance to CPWD/PWD(b) Advance to DGS and D(c) Advance to suppliers(d) Other advancesSub Total:
	B. Advances toEmployees(a) House Building Advance(b) Motor Car/Computer advance(c)Scooter/Motor Cycle(d) Other advancesSub Total:
	C. Other advances(to be specified)Total:

d D

[See Rule 5]Deposit as on 31st March.....

S. No.	Description	Opening Balance	Additions	Refunds	Closing Balance
1	2	3	4	5	6
1	Security deposits
2	Earnest money deposits
3	Any other deposit
Total:

E

[See Rule 5]Provident Fund as on 31st March.....

S. No.	Description	Amount (Rupees)
A	RERC Provident Fund
	Opening balance
	Add : Investment made during the year
	Less : Investment encashed
B	Others (To be specified)
Total:

F

[See Rule 51Sundry Debtors as on 31st March.....

S. No.	Description	Opening Balance	Additions	Adjustments	Closing Balance
A
B
C
D
E
Total

G

[See Rule 5]Grants Receivable as on 31st March.....

S. No.	Description	Amount (Rupees)	Amount (Rupees)
A	From Government of Rajasthan
	Opening balance
	Claim for the year:
	Less: Grant Received during the year
Total:

H

[See Rule 5]Cash In Hand As On 31st March.....

S. No.	Description	Amount (Rupees)
1.	Salary
2.	Traveling allowance
3.	Contingencies
4.	Office expenses
5.	Others.
Total:

I

[See Rule 5]Cash at Bank as on 31st March......

S. No.	Description	Amount (Rupees)
1.	Salary
2.	Traveling allowance
3.	Contingencies
4.	Office expenses
5.	Others.
Total:

J

[See Rule 5]Significant Accounts Policies/Notes to accounts:Significant Accounting Policies/Notes to Accounts required to be appended to Annual Statement of Accounts.

(1)Significant accounting policies (Items if any accounted for on cash basis, fixed assets and inventory valuation etc.)

(2)In the notes of Accounts non-applicability of Income Tax on the surplus of the organization exemption from statutory enactment, treatment of contingent liabilities etc. may be indicated in this schedule.

(3)Significant Accounting Policies and Notes on Accounts will form part of Accounts and should be appended as a separate schedule referred to in the Accounts.

X

[See Rule 5]Establishment Charges for the Year Ending 31st March.....

S. No.	Particular of expenditure	Chairperson and Members	Officers	Staff	Total
(I)	(II)	(III)	(IV)
1.	Pay and allowances.
2.	Wages
3.	Remuneration for professional and otherservices.
4.	Leave salary and pension contribution
Total:

Y

[See Rule 5]Travel Expenses for the Year Ending 31st March.....

S. No.	Particulars of expenditure	Chairperson and Members	' Officers	Staff	Total
(I)	(II)	(III)	(IV)
1.	Domestic travel
2.	Foreign travel.
3.	Leave Traveling Concession.
Total:

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