GST Council to take a view on GST on UPI MDR: Sources
GST
Dated:- 24-9-2026
PTI
New Delhi, Sep 24 (PTI) The GST Council, chaired by the Union Finance Minister, will take a view on GST levy on merchant fees for UPI transactions above Rs 2,000, government sources said on Thursday.
Effective October 15, UPI payments to merchants (P2M) above Rs 2,000 will attract a 0.4 per cent merchant discount rate (MDR) with an overall cap of Rs 300.
Sources said services attract GST, decided by the Goods and Services Tax Council, chaired by the Finance Minister and comprising state counterparts.
“We are hopeful that the GST Council will take a view on the 18 per cent GST on merchant fee on UPI transactions in the larger interest of cons
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