{"id":21432,"date":"2012-07-03T13:00:50","date_gmt":"2012-07-03T07:30:50","guid":{"rendered":"https:\/\/www.legalindia.in\/news\/?p=21432"},"modified":"2012-07-03T13:00:55","modified_gmt":"2012-07-03T07:30:55","slug":"railways-service-tax-till-september-30","status":"publish","type":"post","link":"https:\/\/www.legalindia.com\/news\/railways-service-tax-till-september-30","title":{"rendered":"Railways out of service tax till September 30"},"content":{"rendered":"<p><a href=\"https:\/\/www.legalindia.in\/news\/railways-service-tax-till-september-30\/ir\" rel=\"attachment wp-att-21433\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" data-attachment-id=\"21433\" data-permalink=\"https:\/\/www.legalindia.com\/news\/railways-service-tax-till-september-30\/ir\" data-orig-file=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2012\/07\/ir.jpg?fit=240%2C247&amp;ssl=1\" data-orig-size=\"240,247\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;}\" data-image-title=\"ir\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2012\/07\/ir.jpg?fit=240%2C247&amp;ssl=1\" class=\"alignright size-medium wp-image-21433\" src=\"https:\/\/i0.wp.com\/www.legalindia.in\/news\/wp-content\/uploads\/2012\/07\/ir-145x150.jpg?resize=145%2C150&#038;ssl=1\" alt=\"\" width=\"145\" height=\"150\" srcset=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2012\/07\/ir.jpg?resize=145%2C150&amp;ssl=1 145w, https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2012\/07\/ir.jpg?w=240&amp;ssl=1 240w\" sizes=\"auto, (max-width: 145px) 100vw, 145px\" \/><\/a><span style=\"color: #003366\"><strong>Prime Minister Manmohan Singh<\/strong><\/span>, in his capacity as Finance Minister, acceded to the request of Railway Minister Mukul Roy.<\/p>\n<p>The Finance Ministry issued a notification to the effect exempting high-end passenger fares and cargo freight from the purview of service tax till September 30.<\/p>\n<p>Mr. Roy told Dr. Singh the railways did not operate with a profit motive and that it was the preferred mode of transportat for both passengers and carrying essential commodities. Hence the imposition of service tax would adversely impact a large section of society with spiralling inflationary pressure.<\/p>\n<p>The Finance Ministry under Pranab Mukherjee had ignored all requests from the Railways, including a letter from Mr. Roy to desist from the decision, and stuck to the budgetary proposal of imposing the service tax, which though was deferred till June 30.<\/p>\n<p>The Railway Board issued a circular on June 27 intimating the zonal offices to be prepared to impose 12 per cent service tax amounting to 3.708 per cent, given the 70 per cent abatement allowed from July 1.<\/p>\n<p>The circular, however, said the zonal offices should wait for a final word from the Railway Board.<\/p>\n<p>It, however, was not issued till June 30, leading to confusion on the applicability of the service tax.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Prime Minister Manmohan Singh, in his capacity as Finance Minister, acceded to the request of Railway Minister Mukul Roy. The Finance Ministry issued a notification to the effect exempting high-end passenger fares and cargo freight from the purview of service tax till September 30. Mr. Roy told Dr. Singh the railways did not operate with [&hellip;]<\/p>\n","protected":false},"author":21,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[1],"tags":[9715,9717,9716,9714,2499,9718],"class_list":["post-21432","post","type-post","status-publish","format-standard","hentry","category-top-law-news","tag-ambit-of-service-tax","tag-prime-minister-on-railway-under-service-tax","tag-prime-minister-on-service-tax","tag-railway-under-service-tax-net","tag-service-tax","tag-service-tax-in-india"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Railways out of service tax till September 30 - Legal News India - Supreme Court &amp; High Court Updates<\/title>\n<meta name=\"description\" content=\"Prime Minister Manmohan Singh, in his capacity as Finance Minister, acceded to the request of Railway Minister Mukul Roy. 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With the exception of 38 services, which figure in the negative list, all other activities\u2026","rel":"","context":"In &quot;Top Law News&quot;","block_context":{"text":"Top Law News","link":"https:\/\/www.legalindia.com\/news\/category\/top-law-news"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.legalindia.in\/news\/wp-content\/uploads\/2012\/06\/Income-Tax--150x112.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":21646,"url":"https:\/\/www.legalindia.com\/news\/finmin-no-service-tax-on-nri-remittances","url_meta":{"origin":21432,"position":1},"title":"FinMin: No service tax on NRI remittances","author":"Legal India Admin","date":"July 10, 2012","format":false,"excerpt":"The Government today said remittances from abroad will not attract service tax, putting to rest the concerns raised in view of new tax norms. \u201cThe matter has been examined and it is clarified that there is no service tax per se on the amount of foreign currency remitted to India\u2026","rel":"","context":"In &quot;Top Law News&quot;","block_context":{"text":"Top Law News","link":"https:\/\/www.legalindia.com\/news\/category\/top-law-news"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":21725,"url":"https:\/\/www.legalindia.com\/news\/pm-sets-up-committee-to-frame-guidelines-on-gaar","url_meta":{"origin":21432,"position":2},"title":"PM sets up committee to frame guidelines on GAAR","author":"Legal India Admin","date":"July 13, 2012","format":false,"excerpt":"Within a fortnight of the Finance Ministry issuing draft guidelines on GAAR, Prime Minister Manmohan Singh on Friday set up a committee to prepare fresh norms on the controversial tax provision to bring \u201cgreater clarity\u201d and prepare a roadmap by September 30 for its implementation. \u00a0The four-member committee, to be\u2026","rel":"","context":"In &quot;Top Law News&quot;","block_context":{"text":"Top Law News","link":"https:\/\/www.legalindia.com\/news\/category\/top-law-news"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":21312,"url":"https:\/\/www.legalindia.com\/news\/govt-invites-comments-gaar","url_meta":{"origin":21432,"position":3},"title":"Govt invites comments on GAAR","author":"Legal India Admin","date":"June 29, 2012","format":false,"excerpt":"The government on Friday issued draft guidelines on the general anti-avoidance rules (GAAR), inviting comments from different stakeholders and clarified that Prime Minister Manmohan Singh will take final call on the issue after receiving feedback. 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This is the first formal action initiated by the\u2026","rel":"","context":"In &quot;Top Law News&quot;","block_context":{"text":"Top Law News","link":"https:\/\/www.legalindia.com\/news\/category\/top-law-news"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":28852,"url":"https:\/\/www.legalindia.com\/news\/notice-to-railways-railway-tribunal-on-former-members-plea","url_meta":{"origin":21432,"position":5},"title":"Notice to railways, railway tribunal on former member&#8217;s plea","author":"Legal India Admin","date":"June 19, 2013","format":false,"excerpt":"The Delhi High Court has issued notice to the railway ministry and railway claims tribunal on the plea of a former member who was not re-appointed on it in 2011, and directed that a post be kept vacant on the tribunal till the case is decided. 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