Indian Railway catering services attract a uniform 5% GST in trains and stations

Posted on:08 Apr 2018 09:00:01
Indian Railway catering services attract a uniform 5% GST in trains and stations
08 April 2018 Current Affairs: Availing sustainable resources to its passengers by easing the use of provision allotted to its commuters, the Central Government notified that a uniform rate of 5% will be charged towards Goods and Services Tax in all railway catering services in train or stations.
The Central Board of Excise and Customs (CBEC), the decision has been taken with a view to remove any doubt or uncertainty in the matter and bring uniformity in the rate of GST applicable to supply of food and drinks made available in trains, platforms or stations.
Therefore, with the approval of the competent authority, it was decided that GST on the supply of food and drinks by the Indian Railways, Indian Railways Catering and Tourism Corporation Limited (IRCTC) or their licensees, whether in trains or at platforms (static units), will be 5% sans input tax credit.
Earlier in March, IRCTC introduced Point of Sale (POS) hand-held machines in trains, after many passengers filed complaints of train vendors overcharging passengers.
Availing sustainable resources to its passengers by easing the use of provision allotted to its commuters, the Central Government notified that a uniform rate of 5% will be charged towards Goods and Services Tax in all railway catering services in train or stations.
The Central Board of Excise and Customs (CBEC), the decision has been taken with a view to remove any doubt or uncertainty in the matter and bring uniformity in the rate of GST applicable to supply of food and drinks made available in trains, platforms or stations.
Therefore, with the approval of the competent authority, it was decided that GST on the supply of food and drinks by the Indian Railways, Indian Railways Catering and Tourism Corporation Limited (IRCTC) or their licensees, whether in trains or at platforms (static units), will be 5% sans input tax credit.
Earlier in March, IRCTC introduced Point of Sale (POS) hand-held machines in trains, after many passengers filed complaints of train vendors overcharging passengers.

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