No official Railway Board PDF has been traced for this entry yet. The text below was read from the document held in the library.
| Type | Commercial Circular |
|---|---|
| Topic | freight |
The Error Sheets should be signed by the sub Revised) should be checked completely and it should be
Chapter XX Check of traffic earnings. Existing Para Proposed changes 2001 Introductory-The revenues of railways accrue mostly from the transport of passengers and goods traffic and is realized through the agency of stations where the transactions originate and are brought to the account. No change proposed. 2002 Accounts check of traffic earnings – The essential duty of the Accounts Office in the matter of check of traffic earnings is to see: 1. That the party to whom the service is rendered pays the proper amount; 2. That the railway servants receiving payment correctly account for the same ; and 3. That, if more than one railway renders the service; the amount is properly distributed between them unless otherwise provided for any specific traffic. No change proposed. 2003 It is the duty of the Traffic Accounts Office to issue Carriage bills for services rendered to Defence, Post & Telegraph, and other department etc. And to realize the Railways’ dues from them either in cash or by book transfer as per extant arrangements, and to watch the outstanding on this account. It is also the duty of the Accounts Office to see that the rates and fares prescribed by the Railway Administration No change proposed. from time to time for the various classes of traffic are within the maxima and minima fixed by the President. 2004 Apportionment of earnings between railways - The earnings from the traffic carried over two or more railways are to be shared by them while only one railway actually receives the money. The apportionment is made on the basis prescribed by the Railway Board as indicated in the Chapters dealing with each kind of traffic. No change proposed 2005. Settlement of through traffic transaction- In case of through traffic, even though the traffic is carried by more than one railway a single voucher for the traffic is issued by the station from which the traffic originates. After the internal check of such vouchers etc. Is completed in the Accounts Office, the earnings are apportioned between the railways, and the Accounts of apportionment are rendered, or the result of apportionment is advised, by the apportioning railway to the other railways involved in the transaction. The settlement of through traffic transactions as between the railways takes place monthly on the basis of net results of such Change to the existing para has been underlined. Settlement of through traffic transaction- In case of through traffic, even though the traffic is carried by more than one railway a single voucher for the traffic is issued by the station from which the traffic originates. After the internal check of such vouchers etc. Is completed in the Accounts Office, the earnings are apportioned between the railways, and the Accounts of apportionment are rendered, or the result of apportionment is advised by the apportioning Agency under Centralised Apportionment System to apportionment. all the Railways involved in through traffic transactions.The settlement of through traffic transactions as between the railways takes place monthly on the basis of net results of such apportionmentadvised by the Apportioning Agency under Centralised Apportionment 2006. Case of loss of revenue, or extra expenditure to be reported to the executive – In case where it is noticed in the course of internal check that owing to any reason the railway is losing revenue or is being put to extra expenditure, it is the duty of the authority exercising the check to bring the matter to the notice of the Executive. The work, so far as the traffic earnings are concerned, should be performed by the Traffic Accounts Office. No Change proposed 2007. Period for completion of traffic accounts- The period for the completion of accounts and for the settlement,
Extract shown above; the full text is available in the search app.
Open this circular in the search app · Search all 4,025 documents