No service tax for Train Tickets booked in IRCTC website
For all tickets booked through irctc website is said to be have no service tax as Finance Minister Arun Jaitley is said to have withdrawn. Finance Minister made announcement when representing Union Budget at parliament for 2017 to 2018. At present, Rs 20 has imposed to be as the service tax on Sleeper and same for AC class ticket is Rs 40 when making online ticket booking. This amount is said to be non-refundable if cancelled.
As in November 2016 announced about the demonetization, service tax towards ticket booking through IRCTC is said to be waived off until end of year inorder to encourage cashless transactions.
Due to the inception of IRCTC in 2002, ticket booking capacity is continuously said to be increased until 13 lakh now. Within a minute, 15000 tickets are been booked using 3 lakh concurrent logins. In the IRCTC site, about 18.3 crore tickets were booked between 2014-15.