53rd GST Council Meeting: Rates Updated for Select Items! Full List Inside

Railway linked charges like platform ticket purchases, waiting room fees, cloak room costs, alongside services such as battery-driven transportation and inside-railway facilities will now be GST-exempt too.

Railway linked charges like platform ticket purchases, waiting room fees, cloak room costs, alongside services such as battery-driven transportation and inside-railway facilities will now be GST-exempt too. Published: June 22, 2024 9:15 PM IST By Edited by The GST Council has made the decision to remove taxes on lodging amenities outside educational establishments, given that the fee doesn’t surpass Rs 20,000 monthly per person. For students to avail this benefit, they must have lived in the dormitory consistently for a minimum of three months. This step has been implemented to stop hotel establishments from exploiting these tax-free benefits. Furthermore, a few railway linked charges like platform ticket purchases, waiting room fees, cloak room costs, alongside services such as battery-driven transportation and inside-railway facilities will now be GST-exempt too. The proposal to abolish the interest penalties on tax payment fines was mooted. A flat rate of 12 percent is being proposed for milk containers. In the crucial fiscal budget discussions, Ms. Sitharaman underscored the government’s commitment to assisting states. This included prompt tax sharing and settling any outstanding GST compensation, both key to boosting economic growth. For breaking news and live news updates, like us on or follow us on and . Read more on Latest on . Topics