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of <h1>Service Tax on Rail Transport of Goods Set at 30% Under Section 66B; No CENVAT Credit Allowed</h1> The the abatement and tax rate for services related to the transport of goods by rail, as specified in the Service Tax Practice Manual. From July 1, 2012, to March 31, 2016, and continuing from April 1, 2016, the effective tax rate is 30% of the prescribed Service Tax under section 66B. This rate applies provided that CENVAT credit on inputs, capital goods, and input services used for providing the taxable services is not claimed. The definition of 'goods' includes all movable property except actionable claims and money, encompassing securities, crops, and items attached to land.
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