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GST on credit card bill

ITC / Input 283 views 4 replies
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student
27 Points Posted on 17 December 2017
Hi, Can any one please let me know is GST is applicable on credit cards payments.
If it is then we are paying it twice !
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On 17 December 2017 at 08:23 Report
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"Do the Right Thing...!!!"
128147 Points Posted on 17 December 2017
The Credit card is individuals (personal) name then can't claim for the service charges related taxes...
463 Reply
On 17 December 2017 at 08:31
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student
27 Points Posted on 17 December 2017
it's not applicable?
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On 17 December 2017 at 08:39
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Indirect Taxes Specialization
3893 Points Posted on 17 December 2017
GST is applicable only on the charges levied by the bank towards credit card transactions. For that also, there is an exemption for transaction below Rs.2,000. There is no duplication of taxes, this was the confusion earlier which has been clearly clarified vide official twitter handle.
17 Reply
On 17 December 2017 at 10:12
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student
27 Points Posted on 17 December 2017
thanks
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On 17 December 2017 at 22:45


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