Blog Entry# 2338752
Posted: Jul 01 2017 (15:32)
Last Response: Jul 01 2017 (15:32)
Other NewsJul 01 2017 (14:57) GST effect: Get ready to pay extra train fare for AC, first class; freight tariff also hiked
Jayashree 38047 news posts
New Delhi: With the Goods and Services Tax (GST) coming into effect from 1 July, rail passengers will have to pay a little more to travel AC and first class.
Representational image . AFP Service tax on AC ticket charges will be hiked from 4.5 per cent to 5 per cent, an increase of 0.5 per cent, after the GST implementation.
Similarly, GST on transport of goods by rail will be 5 per cent in place of service tax of 4.5 per cent levied earlier with exemption for essential goods like milk and...
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