This is partly because making available ITC in full would necessitate hiking the GST rates for the railways (a politically unpalatable idea) and its assorted suppliers. Also read: Indian Railways ...

The government will levy 5% Goods and Services Tax on food items and beverages supplied by the Indian Railways in trains, platforms and stations, the Finance Ministry said on Friday. The GST ...

Tax authorities have signaled an 18% GST on remittances from Indian Railways to the Rs 1.24 lakh crore DFC for usage. The Indian Railways is looking at options to avoid potential Goods and ...

Goods and Services Tax (GST) is an indirect tax system implemented in India to replace multiple ... based tax applied on every value addition. To calculate GST, you need to understand the tax ...

Services provided by the Indian Railways to common man, sale of platform tickets, facility of retiring rooms and waiting rooms, battery operated car services are being exempted from GST ...

a special-purpose vehicle of the Indian Railways, is likely to be exempted from the purview of an 18 per cent GST, thereby eliminating the need to work out a new revenue model or change in freight ...

The Goods and Services Tax (GST) Council’s decision to roll back the increase in tax rate for government works contracts comes as a relief for the Indian Railways which had received ...

Addressing a press conference after 53rd GST Council meeting, Union Finance Minister Nirmala Sitharaman said the services provided by the Indian Railways to common people such as sale of platform ...

New Delhi, June 20 () Infrastructure and transportation like road and railway sectors should be exempted from GST, as projects in this segment witness long gestation period and negative returns ...

The ministry said that new rules would only be applicable in case of AC and First Class tickets, and that the GST collected is ... which in this case is the Indian Railways - promises to provide ...

GST charge on train ticket cancellation: The Ministry of Railways issued a clarification in the wake of reports claiming that a GST of 5 per cent will be charged for cancellations of AC class train ...