LIVE GST Certification Course by CA Arun Chhajer begins 21st April. Register Now!!

GST on credit card bill

Abhinay (student) (27 Points)

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 !

Reply
Follow
Share

4 Replies

RAJA P M ("Do the Right Thing...!!!") (127074 Points)
Replied 17 December 2017

The Credit card is individuals (personal) name then can't claim for the service charges related taxes...

1 Like

Abhinay (student) (27 Points)
Replied 17 December 2017

it's not applicable?

Ravi Kumar Somani (Indirect Taxes Specialization) (3893 Points)
Replied 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.