Railway Accounts Department Examinations

Monday, August 4, 2025

NTR - Normal Tariff Rate - Traffic Accounts

 


NTR stands for Normal Tariff Rate (in Traffic)

NTR refers to the total charges for transport of a commodity inclusive of:  

The Base Freight Rate as published in the goods tariff  

Plus Demand Management Charges like busy season surcharges. 

Plus Congestion Charge (if any) 

Plus supplementary charges as applicable on various transportation products.



Saturday, August 2, 2025

Receipt Note Vs Receipt Order

 


Difference between a Receipt Note and a Receipt Order

(Material Management)


  • A Receipt Note is a document prepared by the Receipt Ward upon receiving goods. It records the details of the items received and is then forwarded to the relevant Ward, which updates its records and assigns a Receipt Order (RO) number.  


  • The Receipt Order serves as the official authorization for payment in manual transactions. Once the Receipt Order number is issued, it is communicated to the supplier through the IREPS (Indian Railways Electronic Procurement System). After receiving this confirmation, the supplier is eligible to submit their bills for payment.


In summary:


  • The Receipt Note documents the actual receipt of goods and initiates the process. It is generated by Receipt Ward.


  • The Receipt Order is the formal approval that enables payment, and its details are shared with the supplier to facilitate billing. It is generated by the relevant Ward (which is stocking the item)



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