Levy of Service Tax on Railway Passengers Travelling in Ac Classes/First Class from 1st October 2012 No Service Tax to be Levied on Tickets Issued Prior to 1st October 2012 In Case of Cancellation of Tickets Issued on or after 1st October 2012, the Applicable Amount Including Service Tax to be Refunded by Railways https://www.taxtmi.com/news?id=3825 Levy of Service Tax applies to fares for specified premium rail classes only for tickets issued or booked on or after the effective date; tickets issued prior to that date are exempt and will not be collected on board. For tickets booked on or after the effective date that are later cancelled, the railways must refund the applicable amount including the refundable service tax in accordance with railway refund rules and finance ministry guidance. en-us Sat, 29 Sep 2012 17:44:49 +0530 Sat, 29 Sep 2012 17:44:49 +0530 TaxTMI RSS Generator Levy of Service Tax on Railway Passengers Travelling in Ac Classes/First Class from 1st October 2012 No Service Tax to be Levied on Tickets Issued Prior to 1st October 2012 In Case of Cancellation of Tickets Issued on or after 1st October 2012, the Applicable Amount Including Service Tax to be Refunded by Railways https://www.taxtmi.com/news?id=3825 Levy of Service Tax applies to fares for specified premium rail classes only for tickets issued or booked on or after the effective date; tickets issued prior to that date are exempt and will not be collected on board. For tickets booked on or after the effective date that are later cancelled, the railways must refund the applicable amount including the refundable service tax in accordance with railway refund rules and finance ministry guidance. News - Sat, 29 Sep 2012 17:44:49 +0530 https://www.taxtmi.com/news?id=3825