Businesstoday iconBusinesstodaySep 17, 2026

GST on UPI MDR: Government rejects ‘tax on UPI’ rumours, says MDR will be set off through input tax credit

Government sources said GST will apply to the MDR charged on eligible UPI transactions, but there is no separate GST on UPI payments.

GST on UPI MDR: Government rejects ‘tax on UPI’ rumours, says MDR will be set off through input tax credit

Share this story

Send the public story page.

Useful takeaways from this story.

Government sources said GST will apply to the MDR charged on eligible UPI transactions, but there is no separate GST on UPI payments.

Building the complete brief

The page is ready to read now. The fuller skim-friendly version will appear here automatically.

The useful part

Government sources said GST will apply to the MDR charged on eligible UPI transactions, but there is no separate GST on UPI payments.

Keep reading in the app

Open the app view to save this story, compare related coverage, and continue from the same source.

Open in app