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    These financial services will attract a tax rate of 18 percent, instead of the 15 percent charged earlier.Banking services which will require a higher tax rate are, services such as home loan processing fee, fund transfers, debit card, ATM withdrawal beyond the number of free services, issuance of cheque books/drafts/duplicate passbooks, cash handling charges and SMS alerts.Doctor Adhia tweeted that there won’t be a case of double taxation in case of payments being made through credit cards.The Revenue Secretary has urged people to not circulate this message or any such message without confirming with the authorities.

    A very good article about the credit card number format can be found here: Anatomy of Credit Card Numbers As you can see below I get a lot of feedback about this page.Understand that these are two totally different things and you have different rights for each. The Fair Credit Billing Act (FCBA) applies to the following “billing errors” on credit cards: of goods and services.So if you purchased something defective, it would not be considered a “billing error” (but we’ll talk about disputing the quality of goods and services a little bit later).Doctor Adhia made the statement on Saturday, just a couple of days after the launch of the Goods and Services Tax.The GST Council had decided to levy a tax rate of 18 percent on the use of credit cards.

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