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Sunday, September 30, 2012

Train fares of all AC classes hiked wef Oct 1,2012

Train fares of all AC classes will become costlier by more than 3 per cent from Monday Oct 01,2012. The new service tax of 3.708%, as per the government notification, will be levied on AC First Class, Executive Class, AC-2 tier, AC-3 tier, AC Chair Car and freight.

NOTE
Passengers travelling in AC-2 and AC-1 will be additionally burdened by the service tax as the fares of these classes were already hiked by about 20 per cent in April as part of the proposals of the Rail Budget 2012-13.

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