what percent of gst is applied on NEFT
?
on transaction up to 50000
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what percent of gst is applied on NEFT ?
Replies (4)
18% is charged
on which amount 18% gst charge?
on neft charges by the bank
On NEFT charges levied by bank. Suppose for transaction of say INR 1 lakh next charge is INR 5. So 18% GET is applicable on inr 5.
Charu Mathur, Advocate Supreme Court of India
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