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 ...

Surprisingly, the GST-compliance story of railways is quite different. Indian railways have already filed GSTR-9 in many states and have not requested GST council even once to postpone the deadline.

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 ...

Cancellation/clerkage charge applicable as per Refund rule & GST amount on cancellation/clerkage charge is retained by Railways. This is applicable only in AC and 1st class(HT) Indian Railways ...

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 ...

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 ...

Exempt roads, railways from GST: Assocham to govt New Delhi, June 20 (PTI) Infrastructure and transportation like road and railway sectors should be exempted from GST, as projects in this segment ...

In further relief to Indian Railways, the goods and services tax (GST) Council has exempted the carrier’s inter-state movement of rolling stock such as coaches and locomotives.(Reuters ...

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 ...

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 ...

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 ...