Mandatory electronic payment acceptance requires specified businesses to enable prescribed modes; penalties apply if not operational and charges prohibited. Section 269SU requires specified persons to provide facilities for accepting payments through prescribed electronic modes and section 10A prohibits banks or system providers from levying charges on payers or beneficiaries for such electronic payments. Section 271DB imposes a daily penalty for non-compliance, but the penalty will not be levied if the specified person installs and operationalises the prescribed electronic payment facilities by the stated grace deadline; otherwise the daily penalty applies thereafter.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Mandatory electronic payment acceptance requires specified businesses to enable prescribed modes; penalties apply if not operational and charges prohibited.
Section 269SU requires specified persons to provide facilities for accepting payments through prescribed electronic modes and section 10A prohibits banks or system providers from levying charges on payers or beneficiaries for such electronic payments. Section 271DB imposes a daily penalty for non-compliance, but the penalty will not be levied if the specified person installs and operationalises the prescribed electronic payment facilities by the stated grace deadline; otherwise the daily penalty applies thereafter.
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