Pta Confirms The Deduction Of Charges On Prepaid Recharge
On the recharge of Rs. 100, the user’s balance is Rs. 88.889 (and not Rs. 76 as stated on social media) after deduction of Rs. 11.111 from withholding tax @ 12.5 percent. GST @19.5 percent is levied on the basis of per call, SMS and data usage. When a customer spends his remaining Rs. 88.889 balance, a minimum of Rs. 14.505 deducts as GST. Because of lack of clarity on GST deduction in addition to withholding tax, users are assuming that CMOs are charging well above applicable taxes, which is not true....