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    <title>Transportation of parcel traffic (leased or non-leased parcel traffic) by Rail — Levy of Service Tax — Clarifications</title>
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    <description>Service tax is levied from 1 October 2012 on transportation of leased and non leased parcel traffic and merchandise booked as luggage, excluding personal passenger baggage and specified exempt commodities. Tax is assessed on a portion of total freight after abatement, with education and higher education cesses added; it must be calculated on Parcel Way Bills, Luggage Tickets or Money Receipts and collected at booking, with destination collected undercharges also taxable. Zonal FA&amp;CAOs must register, record registration details on bills, adapt PMS software, maintain customer wise records and submit monthly statements to ensure correct assessment, collection and remittance.</description>
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    <pubDate>Fri, 28 Sep 2012 00:00:00 +0530</pubDate>
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      <title>Transportation of parcel traffic (leased or non-leased parcel traffic) by Rail — Levy of Service Tax — Clarifications</title>
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      <description>Service tax is levied from 1 October 2012 on transportation of leased and non leased parcel traffic and merchandise booked as luggage, excluding personal passenger baggage and specified exempt commodities. Tax is assessed on a portion of total freight after abatement, with education and higher education cesses added; it must be calculated on Parcel Way Bills, Luggage Tickets or Money Receipts and collected at booking, with destination collected undercharges also taxable. Zonal FA&amp;CAOs must register, record registration details on bills, adapt PMS software, maintain customer wise records and submit monthly statements to ensure correct assessment, collection and remittance.</description>
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      <pubDate>Fri, 28 Sep 2012 00:00:00 +0530</pubDate>
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