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    <title>Imposition of charge on the prescribed electronic modes under section 269SU of the Income-tax Act, 1961</title>
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    <description>The circular reiterates that no bank or system provider may impose any charge, including the Merchant Discount Rate, on payer or beneficiary for payments through prescribed electronic modes notified for compliance; banks must refund charges collected on or after the operative date for such transactions and must not impose charges on future transactions using those prescribed modes.</description>
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      <description>The circular reiterates that no bank or system provider may impose any charge, including the Merchant Discount Rate, on payer or beneficiary for payments through prescribed electronic modes notified for compliance; banks must refund charges collected on or after the operative date for such transactions and must not impose charges on future transactions using those prescribed modes.</description>
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      <pubDate>Sun, 30 Aug 2020 00:00:00 +0530</pubDate>
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