The bills for availing LTC Cash Voucher Scheme are to be submitted prior to March 31, 2021.
The government has come out with more clarifications on the queries becoming received in respect of Special Cash Package equivalent in lieu of Leave Travel Concession Fare for Central Government Employees in the course of the block 2018-21. When it came to actual implementation and the procedure to avail the advantage of the LTC Cash Voucher Scheme, there had been numerous queries in search of clarification from the government. The government has been issuing clarifications from time to time to take away any confusion about the implementation of the scheme.
Of late, numerous ministries and departments have raised queries and asked for clarifications with regard to:
(i) Whether any prior intimation is needed just like availing the actual LTC Scheme?
(ii) The LTC for the year 2018-19 Block was extended upto 3lst December, 2020.Whether claims can be created beneath this block till March, 2021?
Government clarification
The government by way of its most recent Office Memo dated February 16 has clarified that the Special Cash Package is in lieu of pending LTC for the Block in between 2018-21 and bills for availing this scheme are to be submitted prior to 3l .03.2021. No prior intimation as is becoming offered in the case of LTC Scheme is needed and for the year 2018-19 (extended till 31.12.2020), the claims can be created prior to 31.03.2021.
Earlier, the government had also clarified on the operation element as the scheme is for the LTC block of 2018-21. Normally, a block includes two LTC fare (residence town and anyplace in India). If one has been availed and the other remaining, the exact same can be utilized for this goal. Any unutilized LTC of the block of 2018-21 is eligible. This scheme is applicable to the LTC fare left unutilized in the course of the Block Year as pointed out in the LTC Cash Voucher Scheme Order powerful 12.10.2020.
While availing the provide, various bills are accepted. The acquire should really have been performed from the date of challenge of the LTC Cash Voucher Scheme Order dated October 12, 2020, till the finish of the present Financial Year. The acquire should really carry a GST of 12% and above and payment should really have been created to digital mode. The reimbursement is based on production of invoice with specifics of GST. As far as achievable, the claim should really be created and settled properly prior to 31st March, 2021 to prevent any final minute rush and resultant lapse.