What is haulage charge in railway?

What is haulage charge in railway?

Haulage charge is the money private players will have to pay to Railways, on a per-km basis, for using its infrastructure in operating the trains – track, signaling, associated manpower and the like.

What is difference between train load and wagon load?

When full rake is loaded, Train-load rates are charged whereas if number of wagons loaded is less than standard size of rake, Wagon-load rates are charged which are slightly higher than Train-load rates.

Is TDS applicable on railway freight?

TDS provisions are not applicable to payment made in respect of Railway Freights through third party: ITAT Kolkata [Read Order] | Taxscan.

Is GST applicable on railway freight?

Transport of goods and passengers by rail will attract 5% tax under GST. Although it seems more than the current effective service tax of 4.5%, the effective GST liability will go down thanks to the mechanism of input tax credit which is now available on rail transport.

See also  How do you unpack fast after moving?

What is the minimum distance for charging goods freight?

As per haulage charge rating of container traffic, 0-50 km is the minimum distance slab for charging.

What is terminal charges in Indian Railways?

In supersession of all previous instructions the sanction of the Competent Authority is hereby accorded for levy of Terminal charge @ ₹20 per tonne on both inward and outward traffic for all commodities (excluding container traffic) being handled at Railway Goods sheds and Private Freight Terminals (PFTs) both …

How much does a train wagon cost?

Today, the typical freight railcar is in the $100,000 to $150,000 range. Overall, there are six basic freight railcar types. But within each railcar type, there are multiple specific design factors. The design options impact each railcar’s capital cost.

What is railway pol?

In a bid to increase freight loading volume, a meeting with major freight loaders of POL (Petroleum, oil and Lubricant), cement and ballast was organized in the HQ office of North Central Railway.

What is permissible carrying capacity of railway wagons?

4.0 The sanction of the Central Government is hereby accorded to fix the permissible carrying capacity as 55.5 tonnes for BCXN wagon; 58.8 tonnes for BCNAHS wagon; CC+2 tonnes for BOBSN, BOBY and BOBYN wagons and CC+3 tonnes for BOST wagon.

What is TDS rate on freight?

Let’s understand the rate at which TDS is applicable on transportation: 1% TDS on freight charges if the payee is an individual or a Hindu Undivided Family (HUF) 2% TDS if the payee is a partnership firm, company, trust, or association.

See also  What is China's official newspaper?

What is freight TDS?

Know All About TDS on Transportation Charges (Freight) The Income Tax Act’s Section 194C deals with the tax deducted at source (TDS) that must be deducted from any payments made to a resident contractor or subcontractor.

What is GST rate of railway transport services?

What is the rate of GST on passenger fare? GST is levied @5% on the total passenger fare of AC and First class. If the ticket is booked on or after 01.07. 2017, whether refund of GST is applicable in case of Yes, however GST would be levied on the cancellation/clerkage charge.

What is convenience charge in IRCTC?

Excluding GST, IRCTC charges Rs 15 as convenience fee per ticket in the Non-AC category and Rs 30 per ticket in the AC class tickets. This has been the rate since it resumed levying convenience fee from September 2019.

How can I send material by train?

Process of parcel booking in the train to transport goods

  1. Pack the items securely using good-quality packaging materials. …
  2. Visit the parcel-booking office (source)
  3. Fill out the parcel booking form (forwarding note) with the correct particulars.
  4. Submit the completed Forwarding Note along with the parcel.

What is railway Gstin number?

GST number of Ministry Of Railways is 27AAAGM0289C2ZI.

What is CCM post in railway?

Chief Commercial Manager (CCM) is usually in the same grade as the AGM, and is the functional head of Commercial department at zonal level. He directly reports to the General Manager. The CCM deals with all general matters in commercial including rates, catering, refunds, claims and public complaints and grievances.

See also  How Do You Calculate Moving Expenses

What is BCN wagon?

BCNHL wagon is a Bogie covered wagon for carrying bagged commodities like cement, fertilizer and food grain etc. It is an 22.9t axle load (Gross load 22.9×4=91.6t) wagon. The design significantly increases rake throughput of bagged commodities compared to existing BCNA/BCNAHS rakes.

What is open delivery in railway?

(b) Open Delivery means delivery of a consignment given by railway administration on the demand of the consignee or endorsee when such consignment arrives in a damaged condition or shows signs of having been tampered with .

Add a Comment