FAQ on Railways dated 07/07/2017

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..... y value addition will be taxed and burden of tax is to be borne by the final consumer. Q. 2 What is the taxable event under GST? Ans. Taxable event under GST is supply of goods or services or both except those specifically exempted. CGST and SGST/ UTGST will be levied on intra-State supplies. IGST will be levied on inter-State supplies. Q. 3 What is meant by Reverse Charge? Ans .....

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..... Ans. GST is applicable on total fare of AC and First class only of all categories of trains. GST is not applicable in other classes like second sleeper, second class (reserved unreserved) etc. Q. 7 What is the rate of GST on passenger fare? Ans. GST is levied @ 5% on the total passenger fare of AC and First class. Q. 8 Whether any difference of fare shall be collected if the tic .....

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..... spect of Passengers travelling in Second class, Metro, Sleeper Class, Transportation by Rail of Agricultural Produce, relief materials, milk, salt, food grain including flours, pulses and rice, railway equipment and materials, defence and military equipments, etc. On Services of leasing of assets (rolling stock assets including wagons, coaches, locos) by Indian Railways Finance Corporation to I .....

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