Railway Accounts Department Examinations

Monday, September 16, 2024

Abbreviations - Stores


Abbreviations - Stores Department


SN

Abbreviation / Acronym

Stands for


AAC

Average  Annual Consumption  / Anticipated  Annual Consumption


ACASH

Association of Corporation and Apex Societies of Handlooms


ADMM

Assistant Divisional Material Manager


ADRS

Additional Director  Railway Stores


AIS

Advance Intimation sheet


AIS &ES

Advance Intimation sheet  &  Estimate  sheet


AMM

Assistant Material  Manager


AMRS

Additional Member Railway Stores


ASTM

American Society of Testing Material


BAR

Book Average Rate


BDL

Below Danger Level


BS

Buffer Stock


BSS

British Standard and Specification


BT

Bulletin Tender


CDMS

Chief  Depot Materials   Superintendent


CIF

Cost Insurance and Freight


CIRO

Centralized Inspection Receipt Order


CMM

Chief Materials  Manager


CP

Contract Period


DC

Denial Clause


DDO

Direct Demanding Officer


DDRS

Deputy Director Railway Stores


DGS & D

Directorate General of Supplies & Disposal


DGTD

Director  General of Technical Development


DMI

Director of Metallurgical Inspection


DMM

Divisional Material Manager


DMS

Depot Material  Superintendent


DO

Delivery Order


DOI &DMI

Director of Inspection and Director of Metallurgical Inspection


DP

Delivery Period


DQA

Director of Quality Assurance


DRR

Daily Receipt Register


DSC

Digital Signature Certicate


DSS

Depot Stock Sheet


DT

Depot Transfer


Dy.CMM

Deputy Chief Material  Manager


EDRS

Executive Director  Railway Stores


EMD

Earnest  Money  Deposit


EOQ

Economic Order Quantity


ERM

Emergency  Recoupment Memo


FAS

Free Along Shore


FDP

Free Delivery Period


FE

Foreign Exchange


FIFO

First In First Out


FOB

Free On Board


FOR

Free On Rail


FPRS

Firms Performance  and Registration Section


FSN

Fast moving,  Slow moving  and Non moving


GATT

General Agreement on Tariffs & Trade


GD

General Damages


GeM

Government electronic Marketplace


GST

Goods and Service  Tax


GT

Global Tender


HSN

Harmonized System of Nomenclature


IC

Inspection Certificate


IEEMA

Indian Electrical &  Electronics  Manufactures Associations


IMMS

Integrated Material Management System


IP

Interim Period


IREPS

Indian Railways Electronic Procurement System


IRS

Indian Railway Standards


IRSS

Indian Railway Stores Services


ISA

Inspector Of Stores Accounts


ISI

Indian Standards Institute


ISO

Indian Standard Organization


ISS

Indian Standard Specification


ITCC

Income Tax Clearance Certificate


ITI

Indian Telephone Industries


KVIC

Khadi & Village Industries  Commission


LC

Letter of Credit


LD

Liquidated Damages


LP

Local Purchase


LT

Limited Tender


M &  P

Machinery & Plant


MA

Modification Advice


MCDO

Monthly Confidential Demi-Official


MMIS

Materials  Management Information System


MMTC

Mineral Metal Trading Corporation


MODVAT

Modified Value Added Tax


MSME

Micro  Small & Medium Enterprises


MSOP

Model Schedule Of Powers


NAIR

National Academy Of Indian Railways


NLC

No Loss Certificate


NOC

No Objection Certificate


NRM

Normal  Recoupment Memo


NSIC

National Small Industries Corporation


NTC

National Textile Corporation


NTH

National Test House


PL Number

Price List Number


PAC

Proprietary Article Certificate


PCMM

Principal Chief Materials Manager


PD

Periodical Demand


PO

Purchase Order


POL

Petroleum , Oil  &  Lubricants


PVC

Price Variation Clause


PWB

Parcel way  Bill


QAP

Quality Assurance Programme


QMS

Quality Management System


RC

Rate Contract


RGC

Running Contract


RLO

Railway Liaison Officer


RMC

Railway Material Consignment


RO

Receipt order


RP

Reserve Price


RR

Railway receipt


SAB

Stores Account Branch


SAIL

Steel Authority of India Limited


SD

Security  Deposit


SF

Standard Form


SINT-DT

Stores -IN- Transit-Depot Transfer


SINT-P

Stores -IN- Transit-Purchase


SLT

Special  Limited Tender


SMM

Senior Material Manager


Sr.DMM

Senior Divisional Material Manager


Sr. MPS

Senior Manager Printing & Stationary


SSI

Small Scale Industries


T & P

Tools & Plant


TC

Tender Committee


TISCO

Tata Iron & Steel Company


TOR

Turn Over Ratio


UDM

User Depot Module


UL Number

Unified List Number


VED

Vital, Essential & Desirable


WRA

Warranty Rejection Advice















 

 

Sunday, September 15, 2024

Works Tenders - Types of

 

Tenders in Works  – Types


  1. Open Tenders or Advertised tenders.

  2. Limited

  3. Special Limited tenders.

  4. Single Tender.


  1. Open/Advertised tenders:




ü  Open tendering system is the widely used one as it ensures fair competition by which reasonable rates can be obtained.  The system of invitation to tender by public advertisement in the most open and transparent  manner possible should be used as a general rule and must be adopted.  Powers to invite Open tenders Vide item No.6 of part-A of MSOP.


ü    Powers have been delegated to officers at different levels to call open tenders. 


ü  Generally before calling tenders, vetted sanctioned estimate for the work proposed to be tendered for, should be available and also other requirements such as funds availability, approved drawings, site availability, materials to be issued by Deptt etc., .   In the absence of sanction of detailed estimate, pre-vetting of tender schedule is to be taken.


  1. Limited tenders: 


ü  Where for reasons which should be in the public interest, it is considered not practical or advantageous to call for open tenders, Limited tenders may be invited with the concurrence of FA&CAO and approval of competent authority


ü   Limited tenders are to be invited from contractors borne on approved list. 


ü  In S.C.Rly, PHOD/CHOD is having powers to call Limited tenders up to Rs.5 crores in each case, HOD/DRM/ADRM/CSM is having powers up to Rs.1 crore. JAG officers have powers to call LT up to Rs.25 lakhs.  At least 10 names should be on the approved list of contractors.

  1. Special Limited tenders:


     

ü  This type of tendering system is adopted for works of specialized nature, works of urgent nature and consultancy works.  Finance concurrence is necessary. 


ü Special LT will be invited from the specialized and reputed contractors/organizations/agencies.


ü   Tenders from whom Special LT are to be invited should preferably be more than six but not less than four. 


ü  Tenderers need not be borne on the approved list.


  1. Single tender: 


ü  Single tender is invited in case of emergencies, accidents, breaches involving dislocation to traffic. 


ü  The powers to be exercised in times of cyclone, floods, accidents, sabotage, enemy action, explosions, cases of extreme urgency such as works or supplies necessary to safeguard life or property or repair damage to track caused by flood breaches,  washaways, accidents or other unforeseen contingency so as to maintain through communication.


ü   For restoration of traffic within shortest possible time, single tender is invited from the experienced and reputed contractor who has the previous experience of having executed such emergency works. 


ü   CAO/Con is having full powers to call single tender in case of works of specialized nature only.


ü   Finance concurrence is necessary. Estimate provision should be available to meet the expenditure incurred through quotation route. 


ü  To dispense with calling of tenders for works which are urgent in nature and to accept offers received in response to quotations. Finance concurrence is necessary. Powers have been delegated in Item No.5 – F of part – A of MSOP- works matters. 


ü  The powers shall be exercised by the officers with their administrative approval.  The powers should be exercised sparingly. The circumstances under which quotations have to be called should be spelt out. Quotations should not be for items which can be executed through the existing contracts including zonal contracts. Quotations should not be for fancy items. After finalization of the quotations, work order will be placed on the selected bidder. 

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Friday, September 13, 2024

Works Tenders Acceptance Powers - 23.09.2024

 Works Tenders Acceptance Powers - 23.09.2024 

Click here for the letter




GM - Full Powers

CAO/CN (HAG) - Full Powers

PAC - Proprietary Article Certificate in Stores Accounts

 

PAC - Proprietary Article Certificate   ( Stores)


  • Proprietary (Adjective) -   Of a product, marketed under and protected by a registered trade name.   

  • PAC stands for Proprietary Article Certificate  

  • The PAC form


  1. Description of Article:  

  2. Quantity:  

  3. Approximate cost, if known: 

  4. Maker’s name and address: 

  5. Name of Local Agents:  

  6. I approve the above purchase and I certify that: - 

  1. No other make / brand will be suitable. 

  2. This is the only firm who is manufacturing / stocking this item. 

  3. A similar article is not manufactured or sold by any other firm, which could be used in lieu.  

Note: Delete (a) or (c) whichever is not necessary


Signature:

        Date:                                                                                 Desg. of Officer:  

 

  • Brand PAC or Qualified PAC  - (a) is certified and deleting ( c )  

  • Clear PAC  - (c ) is certified and deleting (a)   



                          Powers of Signing PAC: By User Department 


PHOD/CHOD

CWM/ADRM/SAG

SG/JAG

SS

JS

Above Rs.25 Lakhs

Up to Rs. 25 Lakhs

Up to Rs. 15 Lakhs

Up to Rs.2 Lakhs

Up to Rs.75000


Wednesday, September 4, 2024

Material Modification - New Definition सामग्री संशोधन - नई परिभाषा

 




Material Modification - New Definition 


  • Authority: ACS 59 dated 26.09.2022 (to the Engineering Code 2012) and Paras 1109 to 1112 of Engineering Code 2012 Click here 

  • MM stands for Material Modification 

  • MM sanctioned as an exception i.e., which should not be ordinarily resorted to. 

  • Work justifies to constitute as Material Modification is :  

  • Any work which is independent work per se (by its very nature),

  • But is essentially required to be done with the existing work 

  • Direct link with the existing work 

Sanction of the MM - Material Modification will be as per delegation of powers issued by the Railway Board from time to time. 

  • The following works will not constitute Material Modification:

  • Modifications that arise due to issue of policy by the Railway Board i.e., change in specifications or standards of construction, interlocking, electrification, traction, SOD requirement. 

  • Minor modifications during the execution of Yard work for completing the same. 

  • Modifications resulting out of statutory or legal requirements

  • Modifications to bring in economy in Construction and timely delivery of Project 

  • Any work essentially required for completing the Project.


Note: As a general rule, any additional scope of work should be sanctioned separately and should not be taken up as Material Modification of an existing work. 

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सामग्री संशोधन - नई परिभाषा

प्राधिकरण: ACS 59 दिनांक 26.09.2022 (इंजीनियरिंग कोड 2012 के लिए) और इंजीनियरिंग कोड 2012 के पैरा 1109 से 1112 यहाँ क्लिक करें  

MM का मतलब है सामग्री संशोधन

MM को अपवाद के रूप में स्वीकृत किया जाता है, अर्थात, जिसका सामान्य रूप से सहारा नहीं लिया जाना चाहिए।


कार्य को सामग्री संशोधन के रूप में माना जाना उचित है:


  • कोई भी कार्य जो अपने आप में स्वतंत्र कार्य है (अपनी प्रकृति से),

  • लेकिन अनिवार्य रूप से मौजूदा कार्य के साथ किया जाना आवश्यक है

  • मौजूदा कार्य के साथ सीधा संबंध

  • MM - सामग्री संशोधन की स्वीकृति रेलवे बोर्ड द्वारा समय-समय पर जारी शक्तियों के प्रत्यायोजन के अनुसार होगी।


निम्नलिखित कार्य सामग्री संशोधन नहीं माने जाएँगे:


  • रेलवे बोर्ड द्वारा नीति जारी करने के कारण होने वाले संशोधन, अर्थात निर्माण, इंटरलॉकिंग, विद्युतीकरण, कर्षण, एसओडी आवश्यकता के विनिर्देशों या मानकों में परिवर्तन।

  • यार्ड कार्य के निष्पादन के दौरान इसे पूरा करने के लिए किए जाने वाले छोटे-मोटे संशोधन।

  • वैधानिक या कानूनी आवश्यकताओं के परिणामस्वरूप किए जाने वाले संशोधन

  • निर्माण में मितव्ययिता लाने और परियोजना की समय पर डिलीवरी के लिए किए जाने वाले संशोधन

  • परियोजना को पूरा करने के लिए अनिवार्य रूप से आवश्यक कोई भी कार्य।

नोट: एक सामान्य नियम के रूप में, कार्य के किसी भी अतिरिक्त दायरे को अलग से स्वीकृत किया जाना चाहिए और इसे किसी मौजूदा कार्य के भौतिक संशोधन के रूप में नहीं लिया जाना चाहिए।


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Tuesday, September 3, 2024

GAAR - General Anti Avoidance Rules जनरल एंटी अवॉइडेंस रूल्स

 


GAAR 



  • GAAR stands for General Anti Avoidance Rules

  • Object: To prevent taxpayers from adopting aggressive tax planning and avoidance schemes that exploit loopholes in the tax laws to reduce their tax liability.

  • Contained in Income Tax Act, 1961 ( Chapter X-A)

  • Effective from 01.04.2017

  • Threshold Limit:  Transaction of Tax benefit (to all parties) exceeds Rs. 3 Crore in a Financial Year. 

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GAAR


  • GAAR का मतलब है जनरल एंटी अवॉइडेंस रूल्स


  • उद्देश्य: करदाताओं को आक्रामक कर नियोजन और कर से बचने की योजनाएँ अपनाने से रोकना जो कर कानूनों में खामियों का फायदा उठाकर उनकी कर देयता को कम करते हैं।


  • आयकर अधिनियम, 1961 (अध्याय X-A) में निहित


  • 01.04.2017 से प्रभावी


  • सीमा: कर लाभ का लेन-देन (सभी पक्षों को) एक वित्तीय वर्ष में 3 करोड़ रुपये से अधिक है।

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