Business Bharat Credit Card Fees & Charges

Goods and Services Tax (GST)

  • From July 1, 2017, the Service Tax, KKC, and SBC, which amounted to 15%, were replaced by Goods and Service Tax (GST) at 18%
  • The applicable GST depends on the Place of Provision (POP) and Place of Supply (POS) If both POP and POS are in the same state, CGST and SGST/UTGST apply; otherwise, IGST applies
  • GST for fees, charges, or interest transactions billed on the statement date will appear in the following month's statement
  • GST charges incurred for fees, or interest transactions will not be reversed in case of any dispute

Frequently Asked Questions

The Business Bharat Credit Card includes specific charges, including a GST of 18%, applicable based on the Place of Provision and Place of Supply.

No, like most Credit Cards, the Business Bharat Credit Card entails an annual usage/maintenance fee, which may be waived off if annual spending on the card exceeds a certain limit.