TNPSC Thervupettagam

20 percent cashback on digital payments

August 5 , 2018 2117 days 876 0
  • The Goods and Services Tax (GST) Council recently cleared a pilot project to offer digital incentives, in the form of cashback of 20 percent of GST paid on business-to-consumer transactions using RuPay and BHIM platforms.
  • The cashback offer is capped to RS 100 per transaction.
  • Uttar Pradesh, Bihar, Maharashtra, Gujarat, Tamil Nadu and Assam have opted to join the digital incentives pilot project

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