OVERHEAD EXPENSES  

5% of the yearly budget of the Research scheme to be paid at the end of the financial year.

The payment of above overhead charges will be subject to the receipt of accounts/expenditure statement from the University Authorities/Accounts Officer & timely submission of the following statements/documents to CSIR:-

 (i)   Consolidated Utilization Certificate in respect of the financial year in question.

(ii) Statement of Accounts of CSIR grants headwise & yearwise as indicated in Annexure-II.  Audited statement by statutory auditors or government auditors may be sent later on.

(iii) Details of refund of unspent balances of terminated fellowships/schemes alongwith cheque number,  date, etc.

(iv) Abstract of claim for overhead expenses.

The overhead expenditure should be claimed separately from HRDG at the end of the financial year, calculated on the basis of actual expenditure for that year.

The timely completion of administrative and financial tasks described in 11.2 is essential for continuance of grants to the beneficiary organisations.  CSIR may withhold release of grants to the University/Institution which has not completed the stipulated tasks and furnished the required statements/documents for the 2 years.

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