Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
Popular Search: list of goods taxed at 4% :: TAX RATES - GOODS TAXABLE @ 4% :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: VAT Audit :: ACCOUNTING STANDARD :: ARTICLES ON INPUT TAX CREDIT IN VAT :: empanelment :: TDS :: VAT RATES :: cpt :: Central Excise rule to resale the machines to a new company :: due date for vat payment :: articles on VAT and GST in India :: ACCOUNTING STANDARDS :: form 3cd
« Service Tax »
 Goods and Services Tax: There should not be more than three grades of rates, says Chidambaram
 Chidambaram says there cannot be multiple tax slabs in GST
 Service tax officials transferred for favouring realtor
 GST, a challenge and opportunity for accounting professionals’
 Service Tax On Hotels And Restaurants – Recent Delhi High Court Judgment
 GST Council discusses 4-tier tax rate, cess on demerit goods
 Why you shouldn’t miss these three simple tax saving options beyond Section 80C
 Determination of value for transactions between the Related parties under GST Laws.
 Higher collections can offset GST losses
 GST to subsume over a dozen Central, State taxes
 Incidence of indirect taxes won't go up under GST

From October 1 pay service tax to travel by AC, 1st class on trains
October, 01st 2012

Passengers travelling by AC coaches and first class will have to pay service tax from October 1, the railway ministry has decided.
The service tax amounting to 3.708% on the total fare will be applicable in AC first class, executive class, AC two and three tiers, AC chair car, AC

economy class and first class.
A railway ministry official said the service tax would be collected on tickets issued or bookings made on or after October 1; it would not be levied on tickets issued prior to October 1 and hence not be collected on board the trains.

In case of cancellation of tickets booked on or after October 1, the applicable amount, including the refundable service tax, will be refunded.

The official said commercial officers had been asked to conduct surprise checks at railway stations to ensure that the charge is levied.

"The service tax collected from passengers will be deposited with the ministry of finance wherein the zonal railways finance departments have been instructed for proper account and remittance," said the official.

"In case of fare refund, if any, service tax refund shall be claimed by the passenger from the service tax authority concerned," the official said.  "No refund will be made by the railways.

For claiming refund, chief commercial manager's office of the zonal railway concerned shall issue a certificate to the passenger detailing the amount of refund to be signed by an officer authorised by CCM and countersigned by the deputy chief account officer (DCAO) or officer authorised by them for this

Home | About Us | Terms and Conditions | Contact Us
Copyright 2016 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Sitemap

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions