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Indian Railways Withdraw 15% Busy Season Surcharge

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BigMint Bureau

1353 Reads

13 Sep 2019, 18:43 IST

Indian Railways Withdraw 15% Busy Season Surcharge

Indian Railways announces certain freight incentives to give a boost to the economy. Member (Traffic), Railway Board Shri P.S. Mishra, announced these measures, to support various segments of the industry. Details of these measures announced today are as under:

* Busy Season Charge(BSC) has been deferred (levied @15%) from 1st Oct 2019 to 30th June 2020, till further advice (Except for iron ore and POL). Coal & coke and container traffic are already exempt.

*The 5% Supplementary charges applicable on Loading on Mini and Two point rakes is being waived off.This is likely to boost loading of Smaller cargo sizes and help cement, steel, food grains and fertilizers loading.

*Low density commodities like Pet Coke, Met Coke, Chuni and De-oiled cake have also been exempted from mandatory weighment. This is likely to save transit time and increase fluidity, which translate in to cost saving for customers also.