NEW DELHI: Consumers will have to cough up GST on bill payment for credit card, telephone or any other service consumed in June if the invoice for the same has been generated or payment made in July.
Goods and Services Tax (GST) has been rolled out from July 1, and most of the services attract a higher tax slab of 18 per cent compared to around 15 per cent service tax charged earlier.
GST replaces service tax, excise, VAT and over a dozen local levies. All goods and services are now classified under four tax slabs of 5, 12, 18 and 28 per cent.
However, a Government official clarified GST would be levied on any bill that is generated from July 1 even if the service has been consumed prior to that, provided that no advance payment was made by the consumer. (AGENCIES)
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