BharatNXT and similar apps

[sid16]

Hi all. Wanted to understand BharatNXT in detail and also what is the experience of those using it. I would like to use BharatNXT primarily for GST payments. Also, I would like to explore the same to issue payments to my business vendors. I hold credit cards such as HDFC (Infinia, DCB), Axis (M4B, Atlas), IDFCFirst Wealth, Kotak White, AmEx (MRCC, PTCC).

From my understanding, recently BharatNXT has changed MCC of GST payments under tax payment, so Infinia no longer gives reward points. But this makes IDFCFirst Wealth card usable, since it gives almost 2.5% rewards for large online payments including tax payments. Also, Kotak White card gives around 2.5% rewards for almost all payments including tax payments. Has anyone else been using this?

Also, has anyone used it to make business vendor payments? Which MCC category does this come under? How much amount are you able to pay at one time?

Also, which cards raise flags for business usage? I understand that Axis does, so probably will not use it for these transactions. But do HDFC, IDFCFirst and Kotak also flag such transactions?

Also, any alternative apps which give similar services? Any app which accepts AmEx cards?

I am also open to forming a group for knowledge sharing.

Let's discuss.

 

[Deleted member 11974]

gst portal now accepts credit card as a payment mode

 

[Deleted member 11974]

if you make payments to business vendors it would be a violation of fair usage policy card can be cancelled

 

[Tejo]

Hi all. Wanted to understand BharatNXT in detail and also what is the experience of those using it. I would like to use BharatNXT primarily for GST payments. Also, I would like to explore the same to issue payments to my business vendors. I hold credit cards such as HDFC (Infinia, DCB), Axis (M4B, Atlas), IDFCFirst Wealth, Kotak White, AmEx (MRCC, PTCC).

From my understanding, recently BharatNXT has changed MCC of GST payments under tax payment, so Infinia no longer gives reward points. But this makes IDFCFirst Wealth card usable, since it gives almost 2.5% rewards for large online payments including tax payments. Also, Kotak White card gives around 2.5% rewards for almost all payments including tax payments. Has anyone else been using this?

Also, has anyone used it to make business vendor payments? Which MCC category does this come under? How much amount are you able to pay at one time?

Also, which cards raise flags for business usage? I understand that Axis does, so probably will not use it for these transactions. But do HDFC, IDFCFirst and Kotak also flag such transactions?

Also, any alternative apps which give similar services? Any app which accepts AmEx cards?

I am also open to forming a group for knowledge sharing.

Let's discuss.

HDFC too blocks the card.

Anyway who uses kotak for manu... spends ? Only as of now myntra card best, I don't think this is that much useful for rotation/business spends.

Idfc directly blocked the reward points account.

*** Anyway using given card limit for txns in a cycle...... will be safe.

 

[sid16]

gst portal now accepts credit card as a payment mode

So then GST payment using credit card is now technically allowed? Really wanted to understand if as a proprietor who is registered in GST, can we pay GST via credit card or not.

 

[Deleted member 11974]

So then GST payment using credit card is now technically allowed? Really wanted to understand if as a proprietor who is registered in GST, can we pay GST via credit card or not.

yes
but high chances of bank blocking your card

 

[sid16]

yes
but high chances of bank blocking your card

But please tell me why? Kotak has opened a portal for payment via credit card. In fact, HDFC has published the following link to pay tax via credit card.

https://www.hdfcbank.com/content/bbp/repositories/723fb80a-2dde-42a3-9793-7ae1be57c87f/?path=/Personal/Pay/Taxes/GST/GST_Payment_Process_Flow_HDFC_CreditDebit_Card.pdf

So why should cards be blocked on official GST payment? Also, from my understanding, tax payment is not an expense. Especially for a proprietor, it's a personal liability.

 

[Deleted member 11974]

the cards you mention are for personal usage and GST payment is a business expense and mixing of both can lead to a violation of the fair usage policy

use buisness credit cards and you are in the safe

 

[sid16]

the cards you mention are for personal usage and GST payment is a business expense and mixing of both can lead to a violation of the fair usage policy

use buisness credit cards and you are in the safe

Kindly suggest business cards with best reward systems in place if possible.

 

[Deleted member 11974]

Kindly suggest business cards with best reward systems in place if possible.

Hdfc biz cards launched today are good
Amex gold charge has one seperate card for buisness expenses
Same with indus pinnacle

 

[samarthkumar]

Has anyone tried Amex on BharatNXT? Does it give MR points on Business Payments or vendor transaction?

 

[EnthuCC]

the cards you mention are for personal usage and GST payment is a business expense and mixing of both can lead to a violation of the fair usage policy

use buisness credit cards and you are in the safe

Depositing funds in online ad platforms allowed? How can one confirm that?

 

[sid16]

Has anyone tried Amex on BharatNXT? Does it give MR points on Business Payments or vendor transaction?

BharatNXT doesn't accept Amex

 

[samarthkumar]

It was mentioned on Website that amex is accepted so I thought I should confirm about MR points accrual.

BharatNXT doesn't accept Amex

 

[mail_amity]

As of now HDFC has blacklisted BharatNXT. No transactions would go through.

 

[racydex]

As of now HDFC has blacklisted BharatNXT. No transactions would go through.

Any clue of other apps/sites where HDFC cards work? For me it failed on BNXT and Snapay both.

 

[Deleted member 9785]

amex working ?

 

[mail_amity]

Any clue of other apps/sites where HDFC cards work? For me it failed on BNXT and Snapay both.

I do not want to risk my Infinia relationship with HDFC over such sites/apps. Hence I have stopped looking.