Goods & Service Tax (GST) 17 September 2026
GST Exempt UPI Payments Over ₹2000
The Indian government has officially clarified that Goods and Services Tax (GST) will not be applied to Unified Payments Interface (UPI) transactions exceeding the ₹2,000 limit. This statement addresses widespread confusion and misinformation circulating online, confirming that only payments below the threshold remain subject to existing GST rules, while higher‑value UPI transfers are exempt.
Key Update: No GST on UPI transactions exceeding ₹2,000.
- Government issued clarification after circulating rumors.
- Applies to all UPI payments above the ₹2,000 threshold.
- Existing GST rules unchanged for lower‑value transactions.
For full details, see the official announcement.
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