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Indian Railway Service Tax waived off
Following Central Government's move demonetisation of Rs.500 and Rs.1000/- currency notes reflected to waive off the service tax charges for online booking of train tickets.

As per latest information, Railway Ministry has passed instructions to Rail authorities to encourage cashless transactions and allow discount on booking of train tickets at IRCTC website.

Passengers who booking tickets on IRCTC the service tax will not be levied on train tickets from 23rd November, 2016, said Sr.Railway Ministry official.

Service tax of Rs.20 imposed on Sleeper class and Rs.40 on AC class train tickets through IRCTC. This ST has been waived to incentivize cashless transactions through online booking.

This move from railways will definitely encourage passengers to book train tickets at IRCTC website as well increase cashless transactions in future.

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