GST can be paid using debit, credit cards

Individuals and entities can pay taxes online using debit or credit cards once the Goods and Services Tax (GST) is rolled out, Revenue Secretary Hasmukh Adhia said today. The government proposes to roll out the new indirect tax regime from April 1 next year and has made registration, refunds, returns filing and payment processes online. 

 

"With regard to payments, the best thing that will happen is all payments will have to be made online. You can use any mode of payment, electronic, NEFT, RTGS. You can do it through debit cards or credit cards of any bank. "You need not open account in banks of government. Even if you have account in a private bank you can transfer money and it will reach the government," 

 

Adhia said while addressing the Global Investors Summit here. He said GST will make it easier for traders and industry to access Input Tax Credit and also ease compliance burden as the entire country will become a single market. 

 

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