Monday, January 2, 2012

Exemption to transport of goods by the Government railways extended till March, 2012

Service tax levy on transport of goods by the Government railways and transport of goods by rail otherwise than in containers has been further postponed by three months.  Now the levy would be applicable from April, 2012 instead of January, 2012 which was proposed earlier.  Consequently, exemption for transport of notified goods like defence military equipments, railways equipment /materials, postal mail bags by rail and abatement of 70% of the gross amount charged for transport of goods by the Government railways and transport of goods by rail otherwise than in containers would also be effective from April, 2012.

[Notification No. 49-51/2011 ST dated 30.12.2011]

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