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Jun 24, 2017
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Railways get GST relief, exempted from IGST on rolling stock
In further relief to Indian Railways, the goods and services tax (GST) Council has exempted the carrier’s inter-state movement of rolling stock such as coaches and locomotives. This is in addition to tax exemption that the railways got earlier for inter-state movement for repair and maintenance.
The latest move will save the carrier from paying IGST when its rolling stock moves across state or from manufacturing units to zones.
Source -
http://www.financialexpress.com
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