The government has extended the Value-Added Tax (VAT) exemption on metro-rail passenger tickets until June 30 next year, aiming to promote public interest and encourage greater use of the environmentally friendly mass rapid-transit system.
Earlier, the VAT exemption on metro rail services was scheduled to remain in force until December 31 this year. A notification to this effect was issued on Tuesday, confirming the continuation of the existing VAT exemption on metro rail services for another six months.
The extension follows a recommendation from the Ministry of Road Transport and Bridges and has been granted considering public convenience and the objective of making the modern urban transport system more popular.
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