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Sunday, May 21, 2017

Travel By Air, Rail, Uber/Ola? Here Are The Applicable GST Rates

India is all set to Introduce Goods and Service Tax from 1st of July, 2017. The GST Council recently came out with the rates applicable on various categories of goods and services including travel by Air, Rail and Radio Cabs like Ola and Uber. 

In this post we have compiled the GST rates applicable on your Air or Rail Fair and well as on your Ola/Uber rides. 

GST Rates Applicable on Air Fares. 

The GST rates applicable on your Air Fares are as follows: 

1. For Economy Class Air Fares, the applicable GST rate is 5%. 

2. For First Class or Business Class Air Fares, the applicable GST rate is 12%. 

GST Rates Applicable on Railway Fares.  

The GST rates applicable on your Rail Fares is as follows: 

1. For Travel through First Class or an Air Conditioned Coach, the applicable GST rate would be 5%. 

2. For travel in any other class, the applicable GST rate is NIL. Hence no GST is applicable for rail travels in a class/coach other than a First Class or an Air Conditioned Coach. 

Note that No GST is applicable on your Metro Rail rides. 

GST Rates Applicable on your Ola Uber Rides. 

The GST rates applicable on your Ola, Uber and similar other radio taxi rides is 5%. 

Note that no GST is applicable on normal metered cabs.    

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