The Asian Age

FINMIN: 5% GST ON FOODS AT STATIONS

-

New Delhi: To remove confusion, finance ministry said on Friday that a 5 per cent GST will be levied on food and drinks supplied by the Indian Railways or IRCTC in trains, platforms or stations. The ministry has written to the Railway Board on March 31 about the 5 per cent rate to remove any doubt or uncertaint­y in the matter.

This would bring about uniformity in the rate of GST applicable to supply of food and drinks made available in trains, platforms or stations. “It has been clarified ... That the GST rate on supply of food and drinks by the Indian Railways or Indian Railways Catering and Tourism Corporatio­n Ltd or their licensees, whether in trains or at platforms, will be 5 per cent without input tax credit,” the statement said.

Newspapers in English

Newspapers from India