<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Levy of Service Tax on Transportation of Parcel Traffic (Leased or Non-Leased Parcel Traffic by Rail from 1st October 2012</title>
    <link>https://www.taxtmi.com/news?id=3835</link>
    <description>With effect from 1 October 2012, Service Tax is levied on rail transportation of parcel traffic (leased or non leased) and merchandise booked as luggage; taxable freight is reduced by a prescribed abatement and the Service Tax plus education cesses are charged on the post abatement freight inclusive of all charges. Personal passenger baggage is exempt. Designated commodities (relief materials, defence equipment, postal mail, household effects, registered newspapers, agricultural produce and specified foodstuffs) are also exempt. Railways will collect the tax and deposit amounts with the Ministry of Finance as prescribed.</description>
    <language>en-us</language>
    <pubDate>Thu, 04 Oct 2012 10:23:48 +0530</pubDate>
    <lastBuildDate>Thu, 04 Oct 2012 10:23:48 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=306571" rel="self" type="application/rss+xml"/>
    <item>
      <title>Levy of Service Tax on Transportation of Parcel Traffic (Leased or Non-Leased Parcel Traffic by Rail from 1st October 2012</title>
      <link>https://www.taxtmi.com/news?id=3835</link>
      <description>With effect from 1 October 2012, Service Tax is levied on rail transportation of parcel traffic (leased or non leased) and merchandise booked as luggage; taxable freight is reduced by a prescribed abatement and the Service Tax plus education cesses are charged on the post abatement freight inclusive of all charges. Personal passenger baggage is exempt. Designated commodities (relief materials, defence equipment, postal mail, household effects, registered newspapers, agricultural produce and specified foodstuffs) are also exempt. Railways will collect the tax and deposit amounts with the Ministry of Finance as prescribed.</description>
      <category>News</category>
      <law>-</law>
      <pubDate>Thu, 04 Oct 2012 10:23:48 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/news?id=3835</guid>
    </item>
  </channel>
</rss>