On June 27, 2024, the Goods and Services Tax Network (GSTN) announced a significant update for taxpayers. The update reveals that GST payments can now be made through the HDFC Bank payment gateway, allowing for transactions via UPI, debit cards, and credit cards. This facility currently covers 16 states and Union Territories (UTs), with plans to expand to the rest of India soon.
States and UTs Covered
- Assam
- Delhi
- Goa
- Gujarat
- Haryana
- Himachal Pradesh
- Jammu & Kashmir
- Jharkhand
- Karnataka
- Kerala
- Madhya Pradesh
- Maharashtra
- Odisha
- Rajasthan
- Tripura
- Uttar Pradesh
Payment Options Expanded
This new payment gateway supports all UPI transactions, as well as credit and debit card payments powered by Rupay, MasterCard, Visa, and Diners Club. Both Kotak Mahindra Bank and HDFC Bank facilitate these transactions, providing more flexibility and convenience for taxpayers across the covered regions.
Future Expansion
GSTN has assured that the rest of India and additional banks will be integrated into this system soon, expanding the reach and convenience of GST payments nationwide.
Conclusion
This update is a significant step towards enhancing the ease of doing business in India, simplifying the tax payment process for businesses and individuals alike. With the inclusion of multiple payment methods and a wide coverage area, GSTN aims to streamline GST compliance and improve the overall taxpayer experience.