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Payment of freight charges through Bank draft

TC-I/95/104/10 · 1996-02-12
Circularfreight
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Circular numberTC-I/95/104/10
File numberTC-I/95/104/10
Date1996-02-12
TypeRailway Board Rates Circular / Letter
Topicfreight
Official sourcewww.indianrailways.gov.in

Summary

Payment of freight charges through Bank draft accepted in cash but through Bank drafts/Bank pay order draw

Text of the circular

GOVERNMENT OF INDIA MINISTRY OF RAILWAYS (RAILWAY BOARD)

KRRKK RE 32 मै मे भी No. TC-I/95/104/10 © New Delhi, Dated 12 -2-1°996

The General Manager{c), All Indian Railways.

Sub:- Payment of freight charges through Bank draft.

Please refer to Board's wireless message No.TC-1/87/14/z dated 2.7.1993. wherein the facility to accept railway payment of freight and other dues exceeding Rs; 1000/ through Bank drafts/Bank pay orders drawn on Nationalised/Scheduled Banks was extended, beyond 30.6.93 without any time limit.

20> Board have now decided that payment of Railway freight & other dues for amount exceeding Rs 10,000/= will not be accepted in cash but through Bank drafts/Bank pay order draw on Nationalised/Scheduled Banks. Regarding the Bank on which cheque/draft/pay order should be drawn, please connect instm- ctions issued in this*office letter No. TC-1/90/104/3(8) dated

7.2.1996.

3. These instructions will not be applicable to transactions.

covered by other modes of payment viz credit note cum cheque, ‘weight only system, cheque etc.

4. ‘This issues with concurrence of Accounts and Finance Directorates of this Ministry.

5. These instructions will take effect from 1.3.1996.

AL,

( K.K.Shazxrma ) .

Jt. Director, Traffic Comml.(R)I

Railway Board.

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