Administration Manual - B.E.S.T. Undertaking.

6.6.2.10 Payments received through Post:
Payment in respect of electric supply bills and other amounts due is
sometimes received through post. The Correspondence Department
prepares separate Remittance Sheets, one for amounts received in
respect of electric supply bills and another for other amounts due.
These sheets are sent to the Consumers and Cash Departments
respectively.
The Consumers Department receipts and deposits the amounts as
early as possible within two working days. The receipt number and
date are entered in the Remittance Sheet. While checking receipts
with Remittance Sheets, it is ensured that:
i) receipts are passed for correct amounts;
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ii) receipts for amounts over Rs.5,000/- bear Revenue
Stamps;
In the case of a Remittance Sheet sent to the Cash Department,
where the remittances pertain to payment of Earnest Money
Deposits, Security Deposits or other Miscellaneous Bills, the Cash
Department intimates the department concerned to advise to which
account head the amount is to be credited. On receipt of an advice
a receipt is passed and particulars of receipt number and date are
entered in the Remittance Sheet.
The amount is deposited to the credit proper account after
consulting Accounts Department.
6.6.2.11 Banking of the amount:-
Under Section 460 AA, all monies received are to be deposited
forthwith into the State Bank of India to the credit of the BEST
Fund and other banks on the approved list.