https://www.taxtmi.com/article/detailed?id=5707 Service tax applies to specified premium passenger rail classes with a 70% abatement so tax is charged on 30% of the total fare (including reservation and surcharges), producing an effective levy of 3.708% on the total fare. Tax must be collected at ticket issuance, Zonal Railways must register, and records and staff instructions must be maintained. Refund rules were adjusted so Railways refund service tax on cancellations of passenger-booked AC and First Class tickets from the implementation date except for tax on retained cancellation charges; procedures for manual and electronic refunds and accounting are prescribed. en-us Tue, 08 Jul 2014 09:24:36 +0530 Tue, 08 Jul 2014 09:24:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=5707 Service tax applies to specified premium passenger rail classes with a 70% abatement so tax is charged on 30% of the total fare (including reservation and surcharges), producing an effective levy of 3.708% on the total fare. Tax must be collected at ticket issuance, Zonal Railways must register, and records and staff instructions must be maintained. Refund rules were adjusted so Railways refund service tax on cancellations of passenger-booked AC and First Class tickets from the implementation date except for tax on retained cancellation charges; procedures for manual and electronic refunds and accounting are prescribed. Articles Service Tax Tue, 08 Jul 2014 09:24:36 +0530 https://www.taxtmi.com/article/detailed?id=5707