12% GST on Brush Holder Assembly, Parts, Lead Wires for Locomotives when manufactured as per drawings of Indian Railways: AAR [Read Order]
The Maharashtra Authority of Advance Ruling (AAR) ruled that 12% GST on Brush Holder Assembly, parts, Lead Wires for locomotives, Insulating Rods Locomotives only when manufactured as per drawings of Indian Railways. The Applicant, M/s.
GST on Train Ticket Cancellation Applicable to AC Class Only: Railway Clarifies
Amidst confusions arising with regard to the levy of 5% GST on the penalty amount for cancellation of the train tickets, the South Central Railways confirmed that the levy is applicable only to the AC
12 % GST not available to Supply Construction Lines and Open Lines undertaken to Indian Railways: AAR [Read Order]
The Uttar Pradesh Authority of Advance Ruling ( AAR ) has ruled that 12 % GST is not available to supply construction lines and open lines undertaken to Indian railways. M/S The India Thermit Corporation
Supply of work contract services to Indian railway including construction of Railway, Tunnels eligible to GST at 18%: AAR [Read Order]
The Bangalore Bench of Authority for Advance Ruling (AAR) has ruled that the supply of work contract services to Indian railway including construction of railway and tunnels would be eligible for Goods and Service Tax
Budget 2024: Government likely to Allocate Budget Outlay of Rs 3 Trillion in FY 2025 to Indian Railways
The Indian Railways is expected to receive a boost in capital expenditure in the upcoming interim budget as the Central Government is likely to allocate Budget outlay of Rs 3 trillion in FY 2025. The
Cleaning Services Provided to Railways Liable to GST: AAR [Read Order]
The Delhi Authority for Advance Ruling recently held that the cleaning services provided to the Northern Railways are not exempted from Goods and Services Tax ( GST ). The applicant, VPSSR Facilities, had been awarded
ED search at Lalu Prasad Yadav`s Residence: Land-for-Job Scam Search results detection of 600 crores worth Crime Proceeds
On March 11, 2023 (Saturday), the Enforcement Department (ED) pulled out a significant nationwide raid at the residence of the former chief minister of Bihar, Lalu Prasad Yadav, in conjunction with a scam encompassing railway
5% GST Applicable to Supply of Ballast to Railways: AAR [Read Order]
The Karnataka Authority for Advance Ruling ( AAR ) has recently ruled that the supply of Ballast to Railways attract Goods and Services Tax ( GST ) at 5% (CGST 2.5% and SGST 2.5%). The
Assessee entitled to Service Tax Refund as element of Service involved in Sale of Food to Passengers subject to passing unjust enrichment test: CESTAT [Read Order]
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Delhi Bench has held that assessee entitled to Service Tax Refund as element of service involved in sale of food to passengers subject to passing unjust
12% GST applicable to Manufacturing and Supplying of Railway parts: AAR [Read Order]
The Authority of Advance Ruling (AAR), Karnataka ruled that 12% GST applicable to manufacturing and supplying of the Railway parts including knuckle, toggle, lock, yoke, etc. The applicant M/s Pragati Steel Casting Pvt. Ltd. is
GST: Application not admissible for Advance ruling if question already pending before DGGSTI, rules AAR [Read Order]
The Chennai Authority for Advance Ruling ( AAR ) has held that no Goods and Services Tax on printing of Pre and Post-examination items, and scanning and processing of results. The applicant, Trident Pneumatics (p)
GST Council: Supply of Goods and Services by Indian Railways Taxable under Forward Charge Mechanism
The present GST Council Meeting observed that the supply of goods and services by Indian Railways taxable under Forward Charge Mechanism. The Council noted that the supply of all goods and services by Indian Railways
Neutralizing GST impact on Works Contracts: Railway includes Cost Accountants to Certify Worksheets [Read Letter]
The Ministry of Railways, last week, included the Cost Accountants along with Chartered Accountants to certify worksheet of tax liability before the GST and after GST to be submitted by contractors. In October 2017, the
12% GST on Services of Repairs, Maintenance, Renovation, Alterations of Residential Complex meant for Railway Employees: AAR [Read Order]
The Karnataka Authority of Advance Ruling (AAR) ruled that 12% GST is applicable on services of repairs, maintenance, renovation, and alterations of residential complexes meant for Railway employees. The applicant, Bindu Projects is a registered
25% Depreciation allowable on Intangible Asset of Licence for running Container Trains on Indian Railways: ITAT [Read Order]
The Delhi bench of ITAT in an appeal filed by the assessee against the order of Ld.CIT (A) which confirmed the order of A.O regarding the depreciation claim made by the appellant , held that