2022-10-01

What is IRCTC service charge?

For ticket payments done online either through Bharat Interface for Money (BHIM) or Unified Payments Interface (UPI), IRCTC charges a lesser convenience fee of Rs 10 plus GST per ticket for non-AC class tickets, and Rs 20 plus GST for AC classes.

How is convenience fee calculated in IRCTC?

IRCTC charges a convenience fee of ₹15+GST for bookings in non-air-conditioned coaches and ₹30+GST for reservations in air-conditioned ones. There are discounts if customers pay using the UPI digital payment method.

What is payment gateway charge?

What are payment gateway charges? Payment gateway charges or fees refer to the cost incurred by the business owners to facilitate online payment processing through the chosen payment gateway on their website and/or app.

Does IRCTC charge convenience fee?

A convenience fee is charged by IRCTC as a form of the service fee from users who use its internet ticket booking platform to book train or air travel tickets.

Which card is best for IRCTC booking?

List of Best Credit Cards for Railway Tickets Booking

Credit Cards	Credit Card Fee
IRCTC SBI Platinum Card	– Joining fee- ₹500 + GST – Annual Fee- ₹300 + GST
HDFC Bharat Cashback Credit Card	– Joining Fee- ₹500 + GST – Annual Fee- ₹500 + GST
Kotak Bank Royale Signature Credit Card	– Joining Fee- NIL – Annual Fee- ₹999 + GST

Why is convenience fee charged?

The fee is typically a fixed amount or a percentage of the sale. Convenience fees are charged by businesses to cover the cost they pay to payment processing companies for when a customer pays by credit card.

Does Paytm charge a fee?

No! There are no one-time or recurring charges for setting up and running your Paytm for Business account.

How can I avoid paying convenience fees?

How to Avoid Paying a Credit Card Convenience Fee or Surcharge. For the most part, getting around a convenience fee is easy. Since only certain types of merchants charge them, you can simply use a different payment method and continue using your credit card for other everyday purchases.

Is SBI IRCTC card free?

Fees and Charges SBI IRCTC Platinum Credit Card. Annual Fee: Rs. 500 will be charged one-time.

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About the author

Chandni Fowler

2022-09-10

What is Irctc service charge?

What is the rate of GST in Indian Railways?

5%
What is the rate of GST on passenger fare? GST is levied @5% on the total passenger fare of AC and First class. If the ticket is booked on or after 01.07. 2017, whether refund of GST is applicable in case of Yes, however GST would be levied on the cancellation/clerkage charge.

How do I claim GST on train tickets?

GST for Railway Passengers With the implementation of GST, end consumers now pay 5% in GST on the full ticket price, up from 4.5% of service tax. However, any passenger that makes use of the Indian railways to travel for business purposes can file input tax credit (ITC) claims on ticket prices.

Is GST applicable on air tickets?

From 1 July 2017 GST will be charged for ancillary products and services based on the class of travel of the airfare ticket and is the same for transport in the relevant class. 5% for Economy class air travel. 12% in Premium Economy, Business or First Class travel.

How can I avoid convenience fee in IRCTC?

Steps to avail the offer on Internet Banking:

The Customer is required to log into internet banking.
Select ‘payments & transfers’
Choose ‘Rail’
Enter to and from and select availability.
Enter details of travellers.
Review your fare and see convenience fee as zero.

How can I reduce my IRCTC convenience fee?

For those using the government Unified Payment Interface (UPI), BHIM, IRCTC gives a discount on the convenience fee charging them only Rs 10 for Non-AC per ticket and Rs 20 per ticket for AC Classes. These prices are exclusive of GST.

Is Railway exempt from GST?

Transport of goods and passengers by rail will attract 5% tax under GST. Although it seems more than the current effective service tax of 4.5%, the effective GST liability will go down thanks to the mechanism of input tax credit which is now available on rail transport.

What is GST details in Irctc?

The rate of GST shall be 5% on total fares . Duty Pass, Privilege Pass or any other Complimentary passes which are not reimbursed to Railway, where no money transaction is involved , GST shall not be levied.

Is GST applicable on surcharge?

Surcharge is a type of penalty or late fee charged by the supplier of service. It must form part of taxable value/transaction value under Section 15 (2)(d) of CGST Act. GST is applicable. It will be charged on billing.

What is tax invoice for IndiGo?

IndiGo has designed its systems in such a way that the GST invoices are issued to the person or entity whose GST Number is provided at the time of booking of the ticket. It is the responsibility of the person booking tickets to provide a correct and relevant GST number for the issuance of tax invoice.

Can we take GST input on travelling expenses?

When a business spends money on travelling expenses for the official work done by employees, apart from the cost, GST needs to be paid. The good news is GST Credit on Travelling Expenses can be claimed. The credit can be used to get a refund or adjusted against the dues owed to the GST department.

Are convenience fees refundable?

No, Convenience Fee is non-refundable.