UTILIZATION CERTIFICATE FOR FINANCIAL 2025

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It means applying general management principles to financial resources of the enterprise. There are two basic function of financial management is acquisition of external funds as well as the efficient and wise allocation of funds to various uses.
Receipt of Central Assistance (CA) from Govt. of India under different plan schemes depends mainly on its timely utilization and submission of Utilisation Certificate (UC).
Certified that I have satisfied myself that the conditions on which the grants-in-aid/ equity was sanctioned have been duly fulfilled/are being fulfilled and that I have exercised the following checks to see that the money was actually utilized for the purpose for which it was sanctioned.
FORM GFR 19-A Form of Utilization Certificate.
A utilization certificate is a document issued by a government authority or other organization to certify that the funds or resources provided to an individual or entity have been utilized for the purpose for which they were originally granted.
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