New Delhi: Under the proposed Goods and Services Tax (GST) regime, people and entities can pay taxes online using debit or credit cards, the government informed on Sunday.
"With regard to payments, the best thing that will happen is all payments will have to be made online. You can use any mode of payment, electronic, NEFT, RTGS. You can do it through debit cards or credit cards of any bank," Revenue Secretary Hasmukh Adhia said while addressing the Global Investors Summit.
"You need not open an account in banks of government. Even if you have account in a private bank, you can transfer money and it will reach the government," he said.
Adhia said GST will make it easier for traders and industry to access Input Tax Credit, as well as ease the compliance burden since the entire country will become a single market.
"I would ask the states to focus on the services sector because industry will come on its own once demand increases," he added.
The government plans to implement the new pan-India indirect tax regime from the start of the next fiscal in April.