Indian railway freights to go up by 5-6% on service tax and busy route charges

Freight rates on certain goods like cement, iron ore and coal are going to rise by more than 5 per cent with service tax and busy season charge coming into force from October 1.

Railways will realise 3.708 per cent service tax and 2 per cent busy season surcharge on goods loading from October 1, said a senior Indian Railway Ministry official.

The busy season charge will remain in force from October 1 to March 31.