Are you able to avail LTC money voucher advantages if buy made in household’s title? Right here’s all you must know

New Delhi: The Modi government has allowed fee of money allowance equal to LTC fare to Central Authorities staff topic to fulfilment of sure circumstances.

To avail LTC voucher scheme advantages, staff are allowed to submit a number of payments to avail advantages.

The Finance ministry has issued clarifications relating to queries being recieved in respect of particular money bundle equal i lieu of Depart Journey Concession Fare for Central Authorities Workers throughout the Block of 2018-2021.

Try the sequence of FAQs issued by the Finance Ministry on LTC Money Voucher Scheme

1. Whether or not the person worker is required to take depart to avail this LTC- Money Voucher Scheme? Whether or not an worker is required to undertake any journey

A person needn’t take depart for this function nor undertake any journey. This can be a scheme in lieu of LTC journey.

2. If a selected LTC which is supposed for use for the scheme has been partially availed by both self or family members, whether or not this scheme is out there and to what extent?

This scheme is ‘pliable to the LTC fare left unutilized throughout the Block Yr as talked about within the O.M. dated 12.10.2020.

3. If an worker has already exhausted the prescribed restrict of depart encashment for LTC, whether or not he shall be eligible for the scheme? Whether or not an worker Man solely avail LTC fare with out claiming depart encashment

An worker can avail this scheme using the relevant LTC fare with out depart encashment. The expenditure needs to be in accordance with the ratio as prescribed for LTC fare.

4. As per the scheme, an quantity of upto 100% depart encashment and 50% of the worth of deemed fare is to be paid as an advance to the worker choosing the scheme. It has additionally been acknowledged that non-utilization / under-utilization of advance is to be accounted for by the DDOs in accordance with extent provisions regarding LTC advance. If an worker spends solely the advance quantity and makes a declare, how this declare shall be regulated?

If as per the calculation instructed in O.M. No. 12(2)2020-E.IIA dated twelfth October, 2020, the reimbursable quantity is lower than the advance drawn, this might be handled as under-utilization. Nonetheless, after calculation of the declare, stability quantity, if any could also be recovered from the worker.

5. Newly joined Authorities staff are entitled for 3 Residence City and one Anyplace in India in a Block of 4 12 months. How this shall be regulated?

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The worker could use any one of many LTC obtainable in a Block Yr.

6. As per Particular LTC provisions, an worker regardless of his eligibility can journey by Air to locations like Andaman & Nicobar. MK and North-East underneath anyplace in India fare. On this case what would be the deemed fare?

The deemed fare has been calculated primarily based on the conventional eligibility of an worker and the particular packages wouldn’t be relevant for this scheme.

7. Whether or not a single invoice of buy of products or providers is to be submitted or a number of payments could be submitted?

A number of Payments are accepted. The acquisition ought to have been accomplished from the date of situation of the O.M. until the tip of the present Monetary Yr. The acquisition ought to carry a GST of 12% and above and fee ought to have been made to digital mode.

8. Whether or not there’s any prescribed format for making use of for this scheme.

There isn’t any prescribed format. A easy utility conveying the will of the worker for availing the scheme, if advance is required for the aim the identical is to be talked about.

9. What are the gadgets which is able to qualify for reimbursement underneath this scheme?

Any items and providers which are a magnet for GST of 12% and above would qualify. The bill with GST particulars needs to be submitted and fee ought to have been made via digital mode.

10. An worker having 4 relations eligible for LTC desires to avail this facility for lower than 4 members. Additional he desires to avail LTC for remainder of the Members later.As replied to question at S.No. 2, an worker can avail the scheme in partial, i.e. of the LTC of a part of the eligible household.

Since that is an elective scheme, if the LTC fare of any member of the household has not been utilized for this function, these members can avail LTC topic to extent directions underneath LTC guidelines.

11. An worker incurs the expenditure on or earlier than 31/3/2021 on the premise of bill. Precise services or products obtained in April, 2021.

The reimbursement is predicated on manufacturing of bill with particulars of GST. So far as attainable, the declare needs to be made and settled properly earlier than thirty first March, 2021 to keep away from any final minute rush and resultant lapse.

12. For digital fee an worker makes use of bank card of his / her partner or any relations.

It’s clarified that the bill which is being submitted for reimbursement underneath the scheme needs to be within the title of the worker who’s availing the scheme.

13. Can providers like inside ornament and telephone payments be included?

Any service which is having a GST part of greater than 12% is permissible.

14. Any restrict of variety of transaction?

So far as attainable, the variety of transactions could also be restricted to a minimal extent to keep away from any issue / delay.

15. Is it allowed to do buy from e-commerce platform?

Procurement from e-commerce platform can also be permissible supplied the related bill / particulars are submitted.

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