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Know before canceling confirmed tickets, you have to pay so much tax with fine

Know before canceling confirmed tickets, you have to pay so much tax with fine

Aug 09, 2022 | 2:10 PM

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If you are going to cancel the confirmed train ticket, then wait once. Just read this news. This will let you know how much you are going to lose on canceling the confirmed ticket. Some media reports said that on cancellation of confirmed tickets, you have to pay a cancellation charge which is taken as a fine. Now according to the new rule, if a person cancels a confirmed ticket, then he will also have to give GST on the cancellation charge. This will happen because when a service is canceled, GST is also applicable to it. The same rule will also be applied on ticket cancellation. This will make the charge of canceling the ticket canceled even more.

Media report states that as if a deal is to be given, Goods and Services Tax means GST is to be given, similarly even on canceling confirmed tickets GST will have to be given. By the way, at the time of ticket booking, the passenger has to give GST with rent. Similarly, when the confirmed ticket is canceled, then GST will have to be given at the rate of booking. This GST will have to be combined with cancellation charge.

5 percent GST has to be given with fare at the time of booking of railway tickets. When you cancel the confirmed ticket, you will have to give 5 percent GST with a cancellation charge. A similar rule has also been made for booking air tickets and hotels etc. On canceling the hotel booking, you have to give separate GST. Another rule states that GST will also have to be paid on late charge of water and electricity bill. have to do. GST rates applicable at the time of booking will have to be given at the time of cancellation charge. GST will also be imposed on late payment of service bills like water and electricity. Similarly, on canceling the confirmed ticket of the train, your pocket will now be more loose than before. The government has recently made it clear that the concessions of senior citizens are being abolished as there is an additional burden on the railway. After this, the GST rule has increased the concern of the passengers.

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August 9th 2022, 8:45 am
Amitesh Kumar
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