New Delhi: No Goods and Service Tax (GST) is applicable on the incentives paid by the government to banks for promoting RuPay debit cards and low value BHIM-UPI transactions, the Central Board of ...
Hailed as a landmark reform, the Goods and Services (GST) Tax in India was introduced to bring all the indirect taxes under a common tax regime to foster a common market in the country. Before the ...
It has been observed that some banks, refund GST charged on service fees when they make the reversal of their service charges. However, some banks do not refund this GST when they make the reversal of ...
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