https://www.taxtmi.com/news?id=3816 Levy of Service Tax on transportation of goods by rail applies to total freight charges from 1 October 2012, with a prescribed abatement reducing the taxable base; service tax is charged on the remaining portion, with Education Cess and Higher Education Cess added on the service tax. All freight components (including busy season and development charges) form part of chargeable freight. Certain commodities are exempted by Finance Ministry notification. Railways must collect the tax and deposit amounts with the Ministry of Finance per prescribed procedure; details and lists of exempted commodities are published by Indian Railways. en-us Fri, 28 Sep 2012 10:19:42 +0530 Fri, 28 Sep 2012 10:19:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=3816 Levy of Service Tax on transportation of goods by rail applies to total freight charges from 1 October 2012, with a prescribed abatement reducing the taxable base; service tax is charged on the remaining portion, with Education Cess and Higher Education Cess added on the service tax. All freight components (including busy season and development charges) form part of chargeable freight. Certain commodities are exempted by Finance Ministry notification. Railways must collect the tax and deposit amounts with the Ministry of Finance per prescribed procedure; details and lists of exempted commodities are published by Indian Railways. News - Fri, 28 Sep 2012 10:19:42 +0530 https://www.taxtmi.com/news?id=3816