{"id":3317,"date":"2017-07-05T11:49:57","date_gmt":"2017-07-05T06:19:57","guid":{"rendered":"http:\/\/carajput.com\/blog\/?p=3317"},"modified":"2022-11-05T12:41:21","modified_gmt":"2022-11-05T07:11:21","slug":"dont-get-confuse-with-this-shocking-newsdouble-gst-on-credit-card-payments","status":"publish","type":"post","link":"https:\/\/carajput.com\/blog\/dont-get-confuse-with-this-shocking-newsdouble-gst-on-credit-card-payments\/","title":{"rendered":"Double GST on credit card payments for utility bills"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_58 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Page Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69d2c57fadf6d\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #000000;color:#000000\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #000000;color:#000000\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69d2c57fadf6d\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/carajput.com\/blog\/dont-get-confuse-with-this-shocking-newsdouble-gst-on-credit-card-payments\/#Double_GST_on_credit_card_payments_Heres_the_truth\" title=\"Double GST on credit card payments? Here\u2019s the truth\">Double GST on credit card payments? Here\u2019s the truth<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/carajput.com\/blog\/dont-get-confuse-with-this-shocking-newsdouble-gst-on-credit-card-payments\/#GST_will_be_levied_twice_if_utility_bills_for_services_such_as_telephone_mobile_gas_electricity_are_paid_through_credit_cards\" title=\"GST will be levied twice if utility bills for services such as telephone, mobile, gas, electricity are paid through credit cards\">GST will be levied twice if utility bills for services such as telephone, mobile, gas, electricity are paid through credit cards<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<div class=\"prose\">\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2017\/07\/credit-cards.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-8891\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2017\/07\/credit-cards.jpg\" alt=\"www.carajput.com; credit-cards\" width=\"836\" height=\"470\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2017\/07\/credit-cards.jpg 500w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2017\/07\/credit-cards-300x169.jpg 300w\" sizes=\"(max-width: 836px) 100vw, 836px\" \/><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Double_GST_on_credit_card_payments_Heres_the_truth\"><\/span><strong>Double GST on credit card payments? Here\u2019s the truth<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"GST_will_be_levied_twice_if_utility_bills_for_services_such_as_telephone_mobile_gas_electricity_are_paid_through_credit_cards\"><\/span>GST will be levied twice if utility bills for services such as telephone, mobile, gas, electricity are paid through credit cards<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The <a href=\"https:\/\/www.caindelhiindia.com\/blog\/application-of-gst-on-contribution-by-rwa-members\/\">GST<\/a> (goods and services tax) rollout from the midnight of Friday and Saturday, other than unleashing a bit of confusion among both consumers and traders, has also led to certain rumours doing the rounds on social media. This despite the government&#8217;s best efforts to spread awareness through various platforms including social media itself.<\/p>\n<p>One such rumour circulating on messaging app WhatsApp is that GST will be levied twice if utility bills for services such as telephone, mobile, gas, electricity are paid through credit cards.<\/p>\n<p>The message tells consumers that <a href=\"https:\/\/carajput.com\/gst\/gst-consultancy.php\">GST<\/a> will be levied once on the utility bill for the service, and once again on the amount billed on the credit card, urging people to either pay these bills in cash or via internet banking<\/p>\n<p>It would be important to note here that even in the pre-GST era service tax was levied by banks only on interest payments, annual charges and processing fees on EMIs (equated monthly installments), and not on credit card payments made on time.<\/p>\n<p>The service tax was earlier 15 per cent which has now been replaced by an 18 per cent<a href=\"https:\/\/carajput.com\/gst\/gst-consultancy.php\"> GST<\/a> on financial services.<\/p>\n<p>So, yes, if you pay your credit bills late, then you would be paying more because the interest or late payment charges would be taxed at a higher rate, otherwise no.<\/p>\n<\/div>\n<p>Goods and Services Tax Network added Federal Bank for Goods and Services Tax payments making 20 banks as per the recent tweet dated 04\/11\/2022. Here is the updated list of all the Banks<a href=\"https:\/\/carajput.com\/learn\/haryana-jurisdiction-govt-373-gst-registrations-cancelled-of-all.html\"> link\u00a0<\/a><\/p>\n<div class=\"prose\">\n<p>We look forward for your valuable comment www.carajput.com<\/p>\n<p>FOR FURTHER QUERIES CONTACT US:<\/p>\n<p>W:\u00a0<a href=\"https:\/\/carajput.com\/\">www.carajput.com<\/a>\u00a0\u00a0\u00a0E: <a href=\"https:\/\/carajput.com\/\">singh@carajput.com<\/a> T: 9-555-555-480<\/p>\n<p><strong><em><u>Read more about: <\/u><\/em><\/strong><\/p>\n<p><strong><em><a href=\"https:\/\/carajput.com\/blog\/what-is-core-business-activity-in-gst\/\">What is core Business Activity GST<\/a><\/em><\/strong><\/p>\n<p><strong><em><a href=\"https:\/\/carajput.com\/blog\/all-about-gst-offenses-penalties-appeals\/\">All about GST Offenses, Penalties, and Appeals<\/a><\/em><\/strong><\/p>\n<p>&nbsp;<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; Double GST on credit card payments? Here\u2019s the truth GST will be levied twice if utility bills for services such as telephone, mobile, gas, electricity are paid through credit cards The GST (goods and services tax) rollout from the midnight of Friday and Saturday, other than unleashing a bit of confusion among both consumers &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[172],"tags":[4228,5276,512],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/3317"}],"collection":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/comments?post=3317"}],"version-history":[{"count":5,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/3317\/revisions"}],"predecessor-version":[{"id":23654,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/3317\/revisions\/23654"}],"wp:attachment":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/media?parent=3317"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/categories?post=3317"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/tags?post=3317"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}