No Service Tax on Transportation of Passengers in First Class or an
Air Conditioned Coach and also Transportation of Goods by Indian Railways Till
30 Sept. 2012
[Service
Tax Notification No. 43 dated 2nd July 2012]
In
exercise of the powers conferred by sub-section (1) of section 93 of the
Finance Act, 1994 (32 of 1994) (hereinafter referred to as the said Act), the
Central Government, on being satisfied that it is necessary in the public
interest so to do, hereby exempts the taxable services of the description
mentioned in the Table below, provided by the Indian Railways from the whole of
service tax leviable thereon under section 66B of the said Act, with effect
from the date of publication of this notification in the Official Gazette, upto
and including the 30th day of
September, 2012.
|
Table |
|
|
Sl. No. |
Description
of taxable services |
|
1. |
Service
of transportation of passengers, with or without accompanied belongings, by
railways in -- (A) first class; or (B) an air conditioned coach |
|
2. |
Services
by way of transportation of goods by railways |
[F. No. 334/1/2012-TRU]