SEARCH

Wagon Registration Fees – WRF

Wagon Registration Fees:– WRF

IRCA Goods Tariff No. 41. Part-I, Vol. - I Rule No. 201

The amount which is collected as security deposit at the time of accepting indents is known as Wagon Registration Fee.

Objective:

i. To avoid false / bogus indents.

ii. To avoid clashes between parties.

iii. To restrict competition between parties.

Rates of Wagon Registration Fees:

(+ Goods and service tax 5% applicable)

Wagon Registration Fee is not collected in following conditions:

1. If Goods are booked from sidings owned by Platinum, Gold and Silver Card holder.

2. Container traffic booked by CONCOR.

3. Railway Material and Railway stores booked by Railway Officials.

4. Booking House-hold goods in Kit Wagon (On transfer of Railway employee).

5. Military traffic booked on Military Credit Note.

6. Certain traffic can be exempted by Railway Administration keeping in view competition from            Road transport.

Lump sum deposit of Wagon Registration Fee:

Lump sum deposit for Government Departments shall be Rs 30,000/-. The facility of lump sum deposit can be given to private parties having regular transactions with Railways. Such parties can be facilitated with lump sum deposit of WRF, instead of depositing Wagon Registration Fee frequently. The Lump sum deposit amount will be fixed by railway keeping in view the maximum number of wagon indents registered by the parties at a time. If registration fee of any rake is forfeited then the forfeited amount must be recouped by the party, otherwise forfeited amount will be reduced from lump sum deposit, and indents will be accepted up to the reduced or remaining amount.

No comments:

Post a Comment

Disclaimer: The Information/News/Video provided in this Platform has been collected from different sources. We Believe that “Knowledge Is Power” and our aim is to create general awareness among people and make them powerful through easily accessible Information. NOTE: We do not take any responsibility of authenticity of Information/News/Videos.