News
Flawed GST structure putting domestic makers of Indian Railways locomotives, rolling stocks at a disadvantage
- Date:
- April 29, 2019
- Source:
- Financial Express
A distinct GST structure that exists for the railways and the suppliers of capital goods and other inputs to the transporter has put the domestic manufacturers of locomotives, rolling stocks, track fixtures, etc, at a disadvantage. The railway travellers and freight customers may not be better off either. Under Chapter 86 of the GST tariff rules, specified items for supplies to the railways are ta…