Saturday, April 27, 2024
HomeGST (Goods and Service Tax) ActAdvisory on GST payment through Credit Card (CC)/Debit Card (DC) and Unified...

Advisory on GST payment through Credit Card (CC)/Debit Card (DC) and Unified Payments Interface (UPI):

To facilitate the Taxpayers registered under GST with more methods of payment, two new facilities of payment have now been provided under e-payment in addition to net-banking.

The two new methods are Cards and Unified Payments Interface (UPI). Cards facility includes Credit Card (CC) and Debit Card (DC) namely Mastercard, Visa, RuPay, Diners (CC only) issued by any Indian bank.

Payment through CC/DC/UPI can be made through Kotak Mahindra Bank irrespective of CC/DC issued by any Indian bank. Other banks are in the process of integration. At present the facility is available in 10 states and remaining states/UTs are expected to join soon.

www.startupstreets.com, www.economiclawpractice.com, www.intellexconsulting.com

RELATED ARTICLES

Most Popular

Recent Comments