The Government of Jammu and Kashmir has issued a circular directing all Drawing and Disbursing Officers (DDOs) to strictly follow financial and statutory rules while processing payments related to works contracts.<\/p>\n
According to the circular issued by the Finance Department Jammu and Kashmir, several instances have been noticed where contractors procure raw materials and consumables in a manner that does not correspond with the scope and specifications outlined in the Bill of Quantities (BOQ). In some cases, materials were procured without proper documentation, raising concerns about violation of statutory provisions and potential loss of government revenue.<\/p>\n
To strengthen transparency and financial discipline, DDOs have been instructed to obtain valid tax invoices and supporting documents while processing contractors\u2019 bills. They must verify that the materials and services used in the execution of works match the approved contract specifications.<\/p>\n
The circular further emphasises strict compliance with Goods and Services Tax rules. Invoices must clearly mention details such as GSTIN, invoice number, date, description of goods or services, taxable value and the applicable tax amount.<\/p>\n
Additionally, verified copies of invoices must be maintained on record along with the contractor\u2019s bill for audit and verification purposes. The government has made it clear that no payment will be released unless all documentation and compliance requirements are fully met.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Government of Jammu and Kashmir has issued a circular directing all Drawing and Disbursing Officers (DDOs) to strictly follow financial and statutory rules while processing payments related to works contracts. According to the circular issued by the Finance Department Jammu and Kashmir, several instances have been noticed where contractors procure raw materials and consumables […]<\/p>\n","protected":false},"author":1,"featured_media":4406,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34,35],"tags":[],"class_list":{"0":"post-4407","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-jammu","8":"category-kashmir"},"yoast_head":"\n