The Hindu·2 min read

LPG agencies likely to face the heat of MDR, plan to approach government

LPG agencies likely to face the heat of MDR, plan to approach government
Dive DeeperCreate a free account to unlock

Cooking gas distributors are evaluating the likely impact of the flat ₹5 Merchant Discount Rate (MDR) that the National Payments Corporation of India (NPCI) has proposed on transactions above ₹2,000 from October 15.

Commercial liquefied petroleum gas (LPG) cylinder sales coming under the purview of the levy is a given since the 19-kg refills priced nearly ₹3,000 each. But what is not clear to the distributors is whether they will end up attracting MDR on the domestic refills sales, to households, too.

Continue reading on Headlinne

Create a free account to read the full article.

Read full article →

Get smarter about the news

Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.

Create free account

Already have an account? Sign in