How GST will be charged on the application like Paytm if any customer will make payment or any transaction through the app ?
How the same will be shown in GSTR-3B and 1 by the owner of the application and what will be the rate?
Menu
GST on applications like paytm
Replies (1)
Check Paytm Revenue Model:
Paytm segregates its revenue as "Payment and Financial Services" and "Commerce and Cloud Services"
It charges Transaction Fees / Convenience fees for certain payment transactions, recurring subscripttion Fees from merchants and customers.
Check "SAC 997158 - Financial transactions processing and clearing house services" for GST rates on payment clearing services.
Recent Topics :
- FAI & FAST-DS 2026 query
- Is GST registration mandatory in this case
- Buying a residential flat in Goa: should my wife b
- Income tax filling
- Applicability of RCM in the case of import of serv
- Confusion in gst registration for service category
- Itc claimed from return defaulters
- Gst input credit
- CAN PARTNERSHIP FIRM SIGN SERVICE AGGREMENT WITH A
- E-waybill
Related Topics :
CAclubindia
