UPI merchant fees and the debate over 18% GST
A user’s headline roundup attributes to The Economic Times a report that UPI MDR above ₹2,000 will attract 18% GST, with merchants able to claim input tax credit.
TLDR
A user’s September 17 business-news roundup lists an Economic Times headline saying UPI MDR—merchant discount rate—above ₹2,000 will attract 18% GST. The headline also says merchants can claim input tax credit. Separately, another user questions why UPI merchant payments would be taxed.
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