Railway Accounts Department Examinations

Monday, July 24, 2023

Classification of Stores

 


Classification of Stores

Features 

Ordinary

  • In General - Regular Turnover & constant Demand 

Emergency

  • To meet Emergencies -Occasional Demand -  Not readily available in the Market - Do not ordinarily wear out - Not require Renewal

Surplus

  • Moveable Surplus - Not issued in past 24 months - Likely Demand in next 24 Months (initially declared as Moveable Surplus)


  • Dead Surplus - Not issued in past 24 months - Not likely demand in next 24 Months. 

Special

  • Required for Works & Special Purposes (other than Operation/Maintenance/Repairs) 


  • Normally, such stores are directly dispatched to the Executives (without stocking in Depot)

Custody

  • For Special works and charged for such works 


  • But keep with the Stores Department for safe custody 


  • Maintains numerical records by Stores Dept.  


  • Example: Items obtained by the Mechanical Dept for construction of Rolling Stock

Inactive

  • Items that had no issues for the last 12 months

Imprest 

  • Standing advance of items to meet day-to-day operation/maintenance/repairs.   


  • Charged off to Revenue Working expenses Final Heads


  • Supervisors such as SSE, Signal Inspector, IOW, etc are allowed to maintain the Stock Imprest of nominated stores. 


  • The limits up to which stocks are to be kept - 2 to 3 months of consumption. Examples: Consumable Stores like Cotton waste, oil, grease, etc.


No comments:

Post a Comment

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