Personal Finance - What does "TOTAL GST DEBIT" Mean? SBI Credit Card Statement in IPO's & MF's - I get the below GST Debit charges on my SBI Credit Card statement. I am just curious to find out ...
11-17-2012 06:59 PM
What does "TOTAL GST DEBIT" Mean? SBI Credit Card Statement
I get the below GST Debit charges on my SBI Credit Card statement. I am just curious to find out what this is. I have just mailed customer care. Will update the thread here what this means to share with everyone.
Below's the answer i got from SBI Customer care by e-mail and it explains what "Total GST Debit" is ... In my case, i have an EMI going on. 15/11/2012 TOTAL GST DEBIT FOR CURRENT STMT 25.91 Dr.
GST - We wish to inform you that GST is government service tax which is charged on all fee components, EMI (if any running on your account) and finance charges at the rate of 12.36% according to guide lines. Click Here to open a Trading Account with "Zerodha" through bse2nse.com and get FREE Training on Futures and Options Trading Strategies.
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