Costing and Pricing Issues in Transport Sector - Indian Railways ...

Classification of Goods
• All commodities have been classified into 16 different
classes for the purpose of charging of freight.
• Base class isclass 100.*
• Lowest class whose freight is cheapest is LR – 4.
– This is equivalent to class rate of 60.
• Highest class whose freight is maximum is 200 for
Petroleum products.*
• All other commodities come somewhere in between.
• Over the years railways have gradually reduced the
number of classes from 59 to 15.
• It has been attempted to fit all commodities into one of
these existing classes only.*
Tuesday, September 06, 2011 INDRA GHOSH, Adviser/Rates Slide No. 47