GST Council may take up 18% tax on merchant discount rates
The government has indicated that GST issues around merchant discount rates could be considered at the GST Council’s October 7 meeting. While registered merchants can claim input-tax credit, unregistered and composition-scheme sellers face higher digital-payment acceptance costs.
What happened
Government said GST issues on merchant discount rates may be taken up by the GST Council. Registered merchants can claim input-tax credit on the 18% GST paid on
Key facts
- 18% GST on MDR
- 0.4% MDR
- October 7
What changed
Government said GST issues on merchant discount rates may be taken up by the GST Council. Registered merchants can claim input-tax credit on the 18% GST paid on MDR, while unregistered and composition-scheme merchants face higher digital-payment acceptance costs.
Why this matters
Prepare for a possible reduction in digital-payment acceptance costs for unregistered and composition-scheme sellers, but avoid operational assumptions until the GST Council issues a decision.
What to watch
- GST Council agenda, fitment-committee recommendation, and post-meeting communiqué on October 7.
- Whether the decision applies only to MDR, or also to payment-gateway, aggregator, settlement, POS rental, and related service fees.
- Eligibility definition for relief: turnover threshold, GST registration status, composition-scheme status, payment rail, or merchant category.
- Merchant discount rate pricing changes announced by banks, card networks, payment aggregators, and POS providers.
- Growth in card acceptance among micro-merchants relative to UPI-only acceptance after any policy change.
Also reported by
- BL · Consumer & Economy — Same time