Abatement - Transport of passengers by rail - Service Tax Practice Manual / Ready Reckoner - Service Tax

Sr. No. 3 Transport of passengers by rail (W.e.f. :1.7.2012) Scope of abated service - Notification no 26/2012-ST dated 20.6.2012 From 1.7.2012 to 31.3.2015 3.services in relation to transport of passengers with or without accompanied belongings by rail. Effective Rate of tax : 30% of Service Tax prescribed u/s 66B Conditions : nil From 1.4.2015 to 31.3.2016 - Not. 08/2015 - Dated 1.3.2015 3.services in relation to transport of passengers with or without accompanied belongings by rail. Effective Rate of tax : 30% of Service Tax prescribed u/s 66B Conditions : CENVAT credit on inputs, capital goods and input services, used for providing the taxable service, has not been taken under the provisions of the CENVAT Credit Rules, 2004. From 1.4.2016 - Not. 08/2016 - Dated 1.3.2016 3.services in relation to transport of passengers with or without accompanied belongings by rail. Effective Rate of tax : 30% of Service Tax prescribed u/s 66B Conditions : CENVAT credit on inputs and capital goods, used for providing the taxable service, has not been taken under the provisions of the CENVAT Credit Rules, 2004