Ac Train Fares, Freight Rate Go Up From oct 1.
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All ac train freight tariff and cost of food at railway stations will go up from october 1with the coming into force of service taken at a meeting between railway minister CP joshi and finance minister p. chidambaram here.. Fares of AC first class executive class, AC - 2 tier, AC- 3 tier, AC chair car will go up by 3.708% from october 1 and a notification to this effect is being issued, a senior railway ministry official said. Besides, the service tax will also be levied on freight and auxiliary service, he added,
The service tax is 12.36% buy affer the adjustment of 70% of this, it will effectively be 3.708%on passenger fares in AC classes and freight services.
source :- TOI
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