Summary
Government sources clarified that MDR on UPI is not imposed due to external pressure and that while GST will apply to MDR charges, businesses can claim full input tax credit, meaning no net revenue is expected for the government.
Summary
Government sources clarified that MDR on UPI is not imposed due to external pressure and that while GST will apply to MDR charges, businesses can claim full input tax credit, meaning no net revenue is expected for the government.
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