Petition update
Paypal will take 18% from your total payments
Sep 4, 2017 — I have real bad news guys. In a support chat one of our people was able to get a clarification from Paypal that the 18% GST would be deducted on the entire amount, and not just their charges.
This really creates an even more explosive situation.
On one hand, Paypal will take 18% GST from you already, and on the second, you have to register and give the GoI 18% GST (that you need to claim a refund for later), or file exemption.
So in effect, you could be losing 36% of your revenues on arrival, with no clarity on refunds at all because you don't have FIRCs yet.
This issue is now more urgent than ever.
A potentially explosive situation.
Picture attached.
Keep fighting for people power!
Politicians and rich CEOs shouldn't make all the decisions. Today we ask you to help keep Change.org free and independent. Our job as a public benefit company is to help petitions like this one fight back and get heard. If everyone who saw this chipped in monthly we'd secure Change.org's future today. Help us hold the powerful to account. Can you spare a minute to become a member today?
I'll power Change with $5 monthly