The West Bengal Authority For Advance Ruling ( AAR ) bench of Brajesh Kumar Singh and Jyojit Banik decided that the welding of railway tracks with labour services will be viewed as a composite supply
The West Bengal Authority of Advance Ruling in an application filed by Kay Pee Equipments Pvt Ltd held that composite goods manufactured by the Applicant that is used primarily as parts of railway locomotives are
In a determination application filed under Section 84 of Delhi Value Added Tax Act 2004, the Delhi VAT Commissioner clarified that the item ‘door closer’ supplied to railways for use in coaches, bogies and other
The Uttar Pradesh Appellate Authority of Advance Ruling (AAAR) while upholding the AAR’s ruling held that no Input Tax Credit (ITC) can be claimed on 5% GST paid on a license fee to Indian Railway
Twitter is flooded with the disapproval of the recently passed AAR’s ruling which says that the product ‘Porotta’ is classified under Chapter Heading 2106 however it is not khakhra, plain chapati or roti, so 18%
In an assessee-friendly ruling where the payment of GST was made to the railway instead of the GST department, the Bombay High Court has asked the department to take a sympathetical view while imposing penalty
The Chhattisgarh High Court said that, Property of South Eastern Railway is exempted from payment of Service Charges by virtue of provisions contained in Article 285(1) of the Constitution of India. The petitioner South Eastern
The West Bengal Authority for Advance Ruling ( AAR ) has held that the execution work by Railway for dismantling of existing sleeper fixing and/or installation of new H-BeamSteel sleepers is not composite supply of
The Central Board of Excise and Customs (CBEC) clarified that when goods classified under chapter 86 is supplied to railways, it attracts five per cent GST. However, noramal GST rates are applicable in case of
The Supreme Court of India issued notice to file counter affidavit in the matter regarding service tax demand on Konkan Railways. Confirmation of duty demand along with interest and penalty for the extended period made
The Central Board of Direct Taxes (CBDT) today notified that Bonds of Indian Railway Finance Corporation will be exempted from Income Tax under section 54EC of the Income Tax Act, 1961. The Notification stated that
In a relief to rail passengers, tickets booked through online would continue to be exempted from service charges till March 2018. Post-demonetization, the Government had waived service charges on e-tickets through IRCTC with a view
In a move to promote cashless economy, the Government decided to withdraw service charges on railway e-tickets booked through irctc website. As per the new proposal by the FM Arun Jaitley, all e-tickets booked through
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has held that depreciation under section 32 of the Income Tax Act, 1961 is allowable in respect of the amount paid as a license fee
The Karnataka Authority for Advance Ruling ( AAR ) has recently ruled that the works contract services provided for the Indian Railway attract Goods and Services Tax ( GST ) at 18%, regardless of the