Eye Share: Is Credit Card Payment Liable to GST?

Corporates or any business entities avail credit cards for their employee’s usage to be used for business purposes. While the processing fee & other charges while issuing credit card would attract GST, the regular transactions done through credit card would not be liable to GST.The author Namish Gupta (Partner, Namish Gupta & Company) in his articulative write-up embarks to discuss one advance ruling which subjects credit-card transaction to GST and thus r...