https://www.taxtmi.com/circulars?id=60974 Banks are the taxable service providers in BF/BC arrangements and must pay GST on the entire service charge or fee charged to customers even when collected via BF/BC. GST exemption for BF/BC services applies only if those services, rendered in their individual capacities, fall under Heading 9971 and pertain to accounts of a branch classified as rural; branch classification and permissible services are governed by RBI guidelines and the bank's classification should be accepted. en-us Tue, 08 Jan 2019 00:00:00 +0530 Wed, 15 May 2019 15:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=60974 Banks are the taxable service providers in BF/BC arrangements and must pay GST on the entire service charge or fee charged to customers even when collected via BF/BC. GST exemption for BF/BC services applies only if those services, rendered in their individual capacities, fall under Heading 9971 and pertain to accounts of a branch classified as rural; branch classification and permissible services are governed by RBI guidelines and the bank's classification should be accepted. Circulars GST - States Tue, 08 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/circulars?id=60974