Ministry of Railways is fully geared for the roll out of GST w.e.f. 1st July, 2017.
GST
Dated:- 1-7-2017
Ministry of Railways is fully geared for the roll out of GST w.e.f. 1st July, 2017.
Exemptions granted from the levy of GST in respect of Passengers travelling in Second class, Metro, Sleeper Class.
Exemption from levy of GST granted in respect of 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,
Catering charges of Standard Meal Items in Mail/Express trains & at static units on stations will not change even after 1st July,2017
Catering charges of Rail Neer will also remain unchanged w.e.f 1st July,2017
Ministry of Railways is fully geared for the roll out of GST w.e.f. 1st July, 2017.The Indian Railway is the national carrier and undertakes billions of transactions annually for transportation of passengers and goods. A mamm
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fly below:
a) Exemptions have been granted from the levy of GST in respect 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.
b) Exemptions have been granted in respect of
* Services of leasing of assets (rolling stock assets including wagons, coaches, locos) by Indian Railways Finance Corporation to Indian Railways ;
* Inter-state movement of trains between stations/ workshops/ sheds/ depots, etc., for the purpose of :
(1) Carrying goods or passengers or both; or
(2) For repairs and maintenance;
Ministry of Railway has initiated process of Registration in each State/UT. Provisional GSTIN numbers of Ministry of Railways in each State/UT are already notified. In each State/UT, General Manager of a Zonal Railway has been nominated as the Principal Officer for taking care of
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ications in respect of transportation of freight & passengers. Other softwares relating to accounts and stores are also being modified.
The impact of GST on different segments is detailed below:
Passenger segment
* It has been decided to levy Goods & Services Tax (GST) in place of service tax including cess on transportation of passengers by rail.
* GST will be levied on the fare of passenger services in place of service tax (including cess) on the following classes:-
(i) AC first class (ii) Executive class (iii) AC-2 tier class (iv) AC-3 tier (v) AC chair car class (vi) AC economy class (vii) First class (viii) AC and first classes coaches of special trains/coaches on FTR (ix) All other type of first class and AC class coaches if any:-
* The rate of GST shall be 5% on total fares. (in place of 4.5% service tax levied earlier i.e. an increase of 0.5% only)
* On concessional tickets GST shall be levied at the prescribed rate on total actual fare collected after concession/re
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ooked in advance along with service tax for journeys to commence on or after date of implementation of GST, the Goods & Service Tax difference of fare shall not be collected on the tickets booked in advance. The new GST shall be applicable on tickets issued on or after 01.07.2017.
Catering Segment
● The chargeable GST on catering services on railways is as under:-
(i) For static units not having facility of air conditioning or central heating at any time during the year- 12% with full Input Tax Credit (ITC)
(ii) For Static units having facility of air conditioning or central heating at any time during the year- 18% with full Input Tax Credit (ITC)
(iii) For Rajdhani/Shatabdi/Duronto and other Mail/Express trains-18% with full Input Tax Credit (ITC)
(iv) GST on catering services of other premium trains like Tejas, Gatiman, Shivalik etc. shall be levied @ 18%.
● The above GST on catering charges is applicable w.e.f. 01.07.2017.
● The impact of new GST regime on
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rcel traffic (leased or non-leased) by rail.
● The detailed procedure for levy of GST on transportation of parcel traffic by rail shall be as under:-
● Goods and Service tax (GST) will be levied for transportation of all description of parcel traffic (leased or non-leased parcel traffic) and merchandise items (for commercial use) booked as luggage.
● Luggage traffic i.e. personal baggage belonging to the travelling passengers, (Excluding merchandise items for commercial use), shall be exempted from GST. The details of other commodities exempted from GST shall be as under:-
(i) Relief materials meant for victims of natural or man-made disasters, calamities, accidents or mishap
(ii) Defence of military equipments
(iii) Newspaper or magazines registered with the Registrar of Newspapers
(iv) Railway equipments or materials
(v) Agricultural produce
(vi) Milk, salt and food grain including flours, pulses and rice
(vii) Organic manure
● The rate of GST shal
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