CBIC notifies GST Exemption to Services Provided by Indian Railways and SPVs w.e.f. 15th July 2024 [Read Notification]

The indirect taxes board, CBIC has notified Goods and Services Tax ( GST ) exemption on services provided by the Indian railways to the public and the services provided by Special Purpose Vehicles ( SPVs ) to the Indian railways. The exemption shall come into force on 15^th July 2024.

In the 53rd GST council meeting, the council made few recommendations. Among that, it has recommended the exemption of the various services provided by the railway to the public. Thus, this notification was issued by the government.

The following services exempted from GST under this notification no. 04/2024:

1. Indian Railways to public
2. sale of platform tickets;
3. facility of retiring rooms/waiting rooms;
4. cloak room services;
5. battery operated car services.

2. Service provided from one zone/division under Ministry of Railways (Indian Railways) to another zone(s)/division(s) under Ministry of Railways
3. Services provided by SPVs  to Indian Railways by allowing Indian Railways to use the infrastructure built and owned by them during the concession period against consideration and services of maintenance supplied by Indian Railways to SPVs in relation to the said infrastructure built by the SPVs during the concession period against consideration.

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