Railway Accounts Department Examinations

Saturday, April 11, 2020

Heritage Rolling Stock


Heritage Rolling Stock

·         Source: Indian Railways Rolling Stock Code Chapter 7 Para No.734

·         The following are the Heritage Rolling stock

1.       All types of Steam locomotives
2.       All Narrow Gauge coaches
3.        Wooden body/Saloons/special coaches of All Gauges.
4.       Oldest of a particular kind/class/special purpose Rolling stock
5.       Rolling stock of over 100 years old.
6.       Rolling stock identified/selected to be of special significance

Sale of Heritage Rolling Stock

·         By Heritage Directorate of Railway Board only
·         Offered for sale to other Govt/Quasi Govt, Private institutions/individuals in the country as well as abroad, if it is not required by the Railways.
·          Sale to educational institutions/museums/Govt bodies/Trusts – 50% of the scrap value without adding overhead charges, profit and antique value.   – applicable for sale within the Country.
·         Waival in sale price  - in specific cases by the Competent Authority in consultation with associate finance.
·          Sale to private rail-road companies /Institutions/Trusts/Individuals shall be made at full scrap value without adding overhead charges, profit and antique value.
·         Special relaxation or discount shall be offered in deserving cases by the competent authority in consultation with Associate Finance.
·         In all cases, the cost of transportation/restoration shall be borne by the purchaser in full.
·         All cases of sale to parties abroad shall be referred to Railway Board for a decision.
()()()()()

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.