• search
For Quick Alerts
For Daily Alerts

States to test GST cashback for payments via Rupay, BHIM app: Piyush Goyal

By Chennabasaveshwar

New Delhi, Aug 4: States will roll out on pilot basis incentives for digital transactions through Rupay card and BHIM app under the GST, Finance Minister Piyush Goyal said on Saturday.

The 29th Goods and Services Tax council meeting headed by Union Finance Minister Piyush Goyal was held at Vigyan Bhawan. The issues related to small businessmen and retailers were discussed.

 The 29th Goods and Services Tax council meeting headed by Union Finance Minister Piyush Goyal. Courtesy: @askGST_GoI

The GST council has decided to form a sub-committee under the leadership of Shiv Pratap Shukla, Minister of State for Finance. Delhi Minister Manish Sisodia, Finance Minister of Punjab and Finance Minister of Kerala will be a part of this committee.

Finance Minister Piyush Goyal, said, "Law Committee will take decisions related to law. Fitment Committee will take decisions related to rates."

With regard to incentives for digital transactions, Goyal said that these would be rolled out on trial basis by states who volunteer to do so.

"Based on the pilot, we can asses the revenue gain or loss," Goyal told reporters after the GST Council meeting.

( With PTI inputs)

For Daily Alerts
Get Instant News Updates
Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more