In layman's terms, Paypal will deduct 18% from each payment received and submit it to the GST department
https://domaingang.com/domain-news/indians-got-shafted-by-paypal-with-an-18-gst-tax-on-proceeds/
In layman's terms, Paypal will deduct 18% from each payment received and submit it to the GST department
the GST rate of 18% is applicable only to the Fees charged by Paypal and not the whole amount you receive
This is crazy. A someone who feels that a fee or more than 5% is outrageous, I think that a fee of 18% is repulsive and off putting. I think this would drive a lot of business away from pay pal.