{"id":1424,"date":"2025-04-22","guid":{"rendered":"https:\/\/APNOKACA.com\/blog\/?p=105601"},"modified":"2025-04-22","slug":"official-clarification-upi-transactions-above-2-000-remain-gst-free","status":"publish","type":"post","link":"https:\/\/APNOKACA.com\/blog\/official-clarification-upi-transactions-above-2-000-remain-gst-free","title":{"rendered":"Official Clarification: UPI Transactions Above 2,000 Remain GST-Free"},"content":{"rendered":"\n
The Indian government affirms there is no GST on UPI transactions exceeding 2,000. This post clarifies that the confusion arose from NPCI's March 2023 introduction of interchange fees (up to 1.1%) specifically for merchant payments over â¹2,000 made via PPI wallets; this fee is not GST and isn't paid by customers. Standard bank-to-bank UPI remains free due to the MDR waiver. The government actively supports UPI growth through incentive schemes. <\/p> An editor at Myitronline<\/p> <\/div> comming Soon<\/p> <\/div> comming Soon<\/p> <\/div> <\/div> <\/div> Krishna Gopal Varshney, Founder & CEO of Myitronline Global Services Private Limited at Delhi. A dedicated and tireless Expert Service Provider for the clients seeking tax filing assistance and all other essential requirements associated with Business\/Professional establishment. Connect to us and let us give the Best Support to make you a Success. Visit our website for latest Business News and IT Updates. <\/p> <\/div> <\/div>
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Krishna Gopal Varshney <\/a><\/h4> An editor at Myitronlinenews<\/small> <\/div> View Articles<\/a> <\/div>
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