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Indian Laws - Highlights / Catch Notes

Home Highlights December 2016 Year 2016 This

Benefits of Debit Card Activation – FAQs

News     Indian Laws

December 5, 2016

Benefits of Debit Card Activation – FAQs

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  1. Whether the introduction of the new, comprehensive definition of “credit card, debit card, charge card or other payment card service“ vide section 65 (33a) read with...

  2. Classification of services - intermediary services or not - Export of Service - The finding that principal-agency relationship is not essential for terming a service...

  3. Meal voucher cannot be compared with credit/debit cards and cannot be called a payment system which is true for the debit/credit card - meal vouchers of the assessee...

  4. Use of International Debit Cards/Store Value Cards/Charge Cards/Smart Cards by Resident Indians while on a visit outside India. - Cir. No. 102 Dated: April 2, 2012

  5. TDS u/s 194H - commission or brokerage - amount retained by Banks/ Credit Card Agencies - assessee was not required to deduct TDS on charges retained by Bank / credit...

  6. Benefit of exemption under notification in respect of playing cards as sports goods - the term ‘sports goods’ used in the notification is of wide purport and does cover...

  7. Exemption from GST - Fair Price Shop - Supply of goods or services to ration card holder on behalf of the Government - the consideration against which the applicant...

  8. Levy of service tax or VAT/Sales tax - supply of SIM card - The supply of SIM cards is integral with provision of the taxable service and without the said SIM cards the...

  9. Classification - whether the imported goods are SIM modules or integrated chip modules? - The SIM imported in reel is a 'card' classifiable under heading 8523 as a...

  10. TDS on account of payment gateway charges u/s 194H - covered under notification dated 31.12.2012 for non deduction of TDS as “credit card or debit card commission for...

  11. CENVAT Credit - input services - Debit and credit card services - said service was availed when the customers had used cards for making payment - The said activity is...

  12. Debit cards, ATM cards or any other instrument by whatever name called that can be used to create a financial liability, Notified as ‘currency’. - RBI

  13. FAQ - ₹2000 Denomination Banknotes – Withdrawal from Circulation; Will continue as Legal Tender

  14. COVID-19 related Frequently Asked Questions (FAQs) on Corporate Social Responsibility (CSR) - Circular

  15. GST - FAQ - CBEC issues Frequently Asked Questions on GST

 

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