Rail wagon makers buck the trend, seek higher GST

NEW DELHI: Amid the clamour for cuts in goods and services tax (GST) rates to help revive demand, rail manufacturers are seeking the opposite—an increase.  Alstom ,  General Electric and Bombardier, which have set up manufacturing facilities in the country for rail wagons, have written to the government, seeking a 12%  GST levy on rail products from 5% now. Inputs are levied GST of…