GST Council may consider imposing 18% tax on payment aggregators for small transactions up to Rs 2,000:
The Goods and Services Tax (GST) Fitment Panel has expressed the viewpoint that payment aggregators serve as intermediaries for transactions and therefore should not be classified as banks...
https://gstlearn.com/2024/09/05/gst-council-likely-to-clarify-on-18-gst-on-payment-aggregators-gateway-fees-for-cards-transactions-upto-rs-2000/
GST council seems thinking to take GST on transactions below 2000 inr on POS.
If this happens then it's difficult to use digital payments solutions
Hi guys,
When will 1%+ gst charges added for railway tickets booked via smartbuy? I bookedthe tickets on 31st July and still i dont see any charges on my swiggy hdfc card.
Hello All just this 7 days ago i got offer from axis bank credit card . I am using one neo rupay platnium which is LTF. i got offer to upgrade from axis NEO to Axis My zone and Axis IOCl.
Can you tell me should i upgrade to AXIS IOCL.As i do not have any fuel credit card?
and if i upgrade...
I have a GST due payment to be made of 85000 approx.
I am planning to make the payment using my credit card which would mean an additional 0.78% + 18% GST extra.
Here is where I am confused.
Is it a good decision to pay using credit card rather than Net banking
Will I get cashback for this...
I had a no cost emi for 1.18 lks for 9 months , i was told only processing fees of 199 + gst will be deducted now i am see gst every month on the interest amount !!
Any way to get the 1261 back from the bank ?
Attach the total calculation excludung the processing fees !!
Bizblack offers 5x accelerated RP on Gst payments via smart hub vyapar and swifti.
Now that they are suspended due to RBI restrictions, can we make GST payments via GST portal and get 5x RP?
On the website it says accelerated via GST official portal but in the FAQs and T&C it says only via...
Recently @TechnoFino posted article about Cost behind No Cost EMI. I'm adding this as extension where I'll try to explain why banks levy GST on No Cost EMI but not in other EMIs and actully who is getting that money(Technically government but read below to know more)
Suppose the price of the...