https://www.taxtmi.com/news?id=17241 No additional charges will be imposed on card-based payments at petrol stations; the Government reaffirmed that the Merchant Discount Rate (MDR) must not be passed on to customers and that stakeholders are expected to absorb MDR costs. The petrol pump transaction fee is characterised as a commercial arrangement between banks and oil marketing companies to be resolved by those parties. en-us Mon, 09 Jan 2017 18:58:08 +0530 Mon, 09 Jan 2017 18:58:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=17241 No additional charges will be imposed on card-based payments at petrol stations; the Government reaffirmed that the Merchant Discount Rate (MDR) must not be passed on to customers and that stakeholders are expected to absorb MDR costs. The petrol pump transaction fee is characterised as a commercial arrangement between banks and oil marketing companies to be resolved by those parties. News - Mon, 09 Jan 2017 18:58:08 +0530 https://www.taxtmi.com/news?id=17241