(1) The description and value of the goods that are in the local body and have been purchased or transferred from aid or received from any other form must be prepared and updated in the revenue book within seven days from the date of receipt of the goods.
(2) In accordance with sub-rule (1), the charge of preparing inventory and taking charge of the goods according to the inventory shall be that of the warehouse assistant in the local body having warehouse officer or warehouse assistant under the general supervision of the authorized officer. If there is no such arrangement, it will be the authorized officer or the employee designated by him.
(3) Bye-laws in respect of industrial goods used in technical work When preparing the invoice according to (1), the relevant technician shall verify the condition of the goods received and the invoice shall be prepared.
(4) If the price is not open due to the old goods among the goods in the local body, the authorized representative and technical officer of the Treasury and Accounts Controller's Office shall keep the price by considering the condition of such goods and the current market price. But in the case of Village Development Committee, a representative of the nearest government office can be kept.
(5) After receiving the goods from foreign aid, the details and the price of the same should be sent to the Ministry and the Comptroller General's office within fifteen days.
(6) The cost of the movable and immovable property owned or enjoyed by the local body should be prepared and recorded in the revenue book.