GST Rate Cut: On August 15, the gift that Prime Minister Modi promised to the people has been completed. The Government of India has implemented the new GST rates. There are now only two GST slabs in the new taxation system of GST- the first 5% and the second at 18%, as well as 40% on luxury items.
Since the implementation of the new GST rates, it is being said that it will also affect the journey. Now the biggest question is whether the impact of the changed rates of GST will be seen on the ticket of the train too?
How much GST on train tickets?
During the festivals, people traveling by train have tension about whether the train journey will become expensive after the change in GST rates? The answer to this question is not. Actually, according to the new GST rates, there has been no increase in the price of the train tickets and the prices are still the same, which is a big relief for those traveling by rail. In such a situation, now it will be cheaper to travel by train instead of air travel, due to which the train can get more crowds than before.
Are train tickets cheap?
The price of the ticket to be taken for the journey of the train is fixed according to its class. In such a situation, after the implementation of the new GST rates, no deduction has been seen in them and the Kamats are as soon as possible. Let us tell you that according to the old rates of GST, GST was used only on AC and first class, in which no change has been made.
Sleeper class: No GST was felt (IRCTC used to charge GST on online ticket booking ie convenience fee)
Second class: No GST was liked
AC Class: The GST rate on AC class tickets was 5%, which has not been changed.
First class and executive class: 5% GST was also applicable to first class and executive class tickets.
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