New Delhi - India’s Dedicated Freight Corridor, a special-purpose vehicle of the Indian Railways, is likely to be exempted from the purview of an 18 per cent GST, thereby eliminating the need to work out a new revenue model or change in freight rates.
The tax obligation was reportedly on track access charges – remittances paid for accessing the rail network – which are a fixed cost of the Dedicated Freight Corridor Corporation of India Ltd (DFCCIL).
Estimated remittances under this head was ₹5,000 crore, which could have gone up subsequently as more tracks of . . .
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