Accounts Receivables Solution Fees & Charges

  • Joining/renewal membership fee: Zero
     

Goods and Services Tax (GST)

  • The GST applicable depends on the place of provision (POP) and the place of supply (POS). If both POP and POS are in the same state, then the applicable GST would be CGST and SGST/UTGST; otherwise, IGST applies.
  • For transactions related to fees, charges, or interest billed on the statement date, the GST will be reflected in the statement of the following month.
  • Any dispute regarding fees, charges, or interest will not result in the reversal of the levied GST.

Frequently Asked Questions

Fees and charges of accounts receivables solution are zero.

The Goods and Services Tax (GST) is determined by the location of provision (POP) and the place of supply (POS). When POP and POS coincide within the same state, CGST and SGST/UTGST are applicable; otherwise, IGST is applied. Regarding transactions concerning fees, charges, or interest billed on the statement date, the GST amount will be reflected in the subsequent month's statement. Importantly, any dispute arising from fees, charges, or interest will not lead to the reversal of the GST imposed.