Madras High Court rules in favour of 12% GST for railway contracts

In a major relief to contractors in railway projects, the Madras High Court has upheld the 12 per cent concessional rate of goods and services tax (GST) for contract services provided to Rail Vikas Nigam Ltd (RVNL), rejecting the tax department’s demand for 18 per cent GST.   The case involved STS-KEC, a joint venture between Stroytechservice LLC (Russia) and KEC International, which was awar…