General Managers,
Para 1.10 of Board’s letter of even number dated 27.03.2003 (Rates Instruction No. 11 of 2003) is reproduced below:- “An incentive scheme is being introduced for the Premier Customers of the Railways, generating freight earnings of more than Rs.25crores per annum from the traffic originating from their private sidings. Under this incentive scheme, 2% (Two Percent) rebate would be granted on every Rs.5crore (Five crores Rupees) of ‘net’ additional freight earnings over the preceding financial year. This rebate will be allowed in addition to any other freight concession availed by them. However, this scheme will be applicable to originating freight earnings from commodities placed in Class 135 and above.” The case under reference may be decided on the basis of above instructions. The modalities of refund/adjustment of freight may be worked out in consultation with Associate Finance. This issues with the concurrence of the Finance Directorate in the Ministry of Railways.
(N.K.
Parsuramka) |