2018
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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How many percentage of Indian Railway catering services attract a uniform GST in trains and stations?
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5 %
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15 %
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25 %
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35 %
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Explanation:
Detailed explanation-1: -5% Uniform rate of GST to apply in all railway catering services in trains or on stations.
Detailed explanation-2: -5% GST to apply on food on train, platform; newspaper supply to be exempt: AAAR.
Detailed explanation-3: -For Lunch and dinner during the travel, passengers will require to pay ₹294 instead of ₹244 if the passengers did not opt for the meal during the booking of the ticket.
Detailed explanation-4: -Thus, Service Tax is required to be paid 12.36% (current tax rate) on maintenance services rendered by Railways.
There is 1 question to complete.