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Saturday, December 10, 2016

Payment to Suppliers etc. by Government Departments through e-Payment.

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Payment to Suppliers etc. by Government Departments through e-Payment.

F.No. 3(2)(1)/2016/R&P Rules/Amendment/649
Ministry of Finance
Department of Expenditure
O/o Controller General of Accounts
Mahalekha Niyantrak Bhawan,
GPO Complex, E-Block, INA
New Delhi-110023
Date: 05-12-2016
OFFICE MEMORANDUM

Subject: Payment to Suppliers etc. by Government Departments through e-Payment.

A reference is invited to this office O.M.No 1(1)/2011/TA/366 dated 1st August 2016 regarding payment to Suppliers etc. above Rs. 10,000/- by Government Departments through e-Payment.

2. In order to attain the goal of complete digitization of Government payments, the existing limit of Rs. 10,000/- prescribed in paragraph 2 of this office O.M. dated 1st August 2016 has been further reviewed. It has now been decided to lower the threshold limit to Rs. 5,000/- (Rupees five thousand only).

3. All Ministries/ Departments of the Government of India shall ensure with immediate effect that all payments above Rs. 5,000/- (Rupees five thousand only) to suppliers, contractors, grantee/loanee institutions etc. are made by issue of payment advices only.
This issues with the approval of the Finance Minister.

(Soma Roy Burman)
Joint Controller General of Accounts

Authority: www.finmin.nic.in

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