While GST can apply to service charges like the Merchant Discount Rate (MDR) associated with certain payment methods, the government clarified that no MDR is charged on Person-to-Merchant (P2M) UPI transactions.
While GST can apply to service charges like the Merchant Discount Rate (MDR) associated with certain payment methods, the government clarified that no MDR is charged on Person-to-Merchant (P2M) UPI transactions.