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Levy of Service Tax on Railway Passengers Travelling in Ac Classes/First Class from 1st October 2012 No Service Tax to be Levied on Tickets Issued Prior to 1st October 2012 In Case of Cancellation of Tickets Issued on or after 1st October 2012, the Applicable Amount Including Service Tax to be Refunded by Railways

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..... Levy of Service Tax on Railway Passengers Travelling in Ac Classes/First Class from 1st October 2012 No Service Tax to be Levied on Tickets Issued Prior to 1st October 2012 In Case of Cancellation of Tickets Issued on or after 1st October 2012, the Applicable Amount Including Service Tax to be Refunded by Railways - News and Press Release Dated:- 29-9-2012 - News - Press Information Bureau .....

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..... Government of India Ministry of Railways 28-September-2012 19:32 IST The Ministry of Railways has made partial modification in levy of Service Tax on the fare of passengers travelling in AC Classes/First Class from 1 st October 2012. As per the corrigendum issued by Ministry of Railways today i.e. 28.9.2012, there are following changes: (i) Service Tax amounting to 3.708% on the .....

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..... total fare of passenger services in (a) AC First Class, (b) Executive Class, (c) AC-2 tier Class, (d) AC-3 tier class, (e) AC Chair Car class, (f) AC Economy class and (g) First Class is leviable from the 1 st day of October 2012. It has been clarified that the Service Tax would be collected on the tickets issued/bookings made on or after 01.10.2012 . Service Tax is not leviable on t .....

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..... ickets issued prior to 01.10.2012 and hence will not be collected on board the trains. (ii) In case of cancellation of tickets booked by the passengers on or after 01.10.2012, the applicable amount including refundable Service Tax amount will be refunded by Railways as per Railway refund rules and Finance Ministry guidelines. AKS/HK/L - News - Press release - PIB Tax M .....

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..... anagement India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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