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Railways to start using HSN codes to bring transparency in freight business

It's a bid to stem losses from misdeclaration of goods

Dhruvaksh Saha New Delhi

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The move is also expected to aid ease of doing business by harmonising Customs and trade procedures

3 min read Last Updated : Apr 13 2023 | 7:10 PM IST

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In a first-of-its-kind move, the Ministry of Railways has started using Harmonised System of Nomenclature (HSN) codes for the classification of commodities in freight transportation, Business Standard has learnt.

“Starting this month, we have begun using HSN codes to identify commodities being transported through our network. We have begun this exercise to stop the corrupt practice of misdeclaration of goods in the freight order by private players," said a Railways official in the know.

Earlier, the Railways had its own list of commodities that were ferried through self-declaration. However, many finished goods and raw materials were being wrongly declared. Since, the Railways charges separate commodity-wise rates, vendors often declare a cheaper commodity while transporting a commodity with much higher value.