55th GST Council Decision: Payment Aggregators Get Exemption, Not Payment Gateways

Vivek Jalan , Last updated: 06 January 2025  
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To clarify that RBI-regulated Payment Aggregators are eligible for the exemption under entry at Sl. No. 34 of notification No. 12/2017-CT(R) dated 28.06.2017 since they fall within the ambit of 'acquiring bank' as defined in the said entry. To also clarify that this exemption does not cover payme

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Vivek Jalan
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Category GST   Report

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