Google Pay Business Overview

Important Google Pay for Business Overview is available only in India

Google Pay for Business allows you to accept payments from customers more easily, quickly and securely, whether in person or online.

Google Pay can be used by anyone with an universal payment identification (UPIC).

Merchant benefits

Google Pay offers many advantages to merchants, such as:

• Make it easy for customers to find you. You can use Google Pay’s business channel in order to help customers locate your business.
• Reduce your costs: Increase your customer base by using the Google Pay App without increasing your app’s costs.
• Create and share your offers with clients using Google Pay’s business channel.
• Integrate Google Pay easily and quickly: You can accept payments from customers in just a few simple steps.
• Get enhanced payment security. Google Pay offers enhanced security through its “Pay Shield” platform, which provides 24/7 protection to merchants, customers, and hackers.
• Support for merchants:Contact us by phone, chat or email for assistance at any time.

Customer benefits

Google Pay offers many advantages to its customers, such as:

• Pay using Google Pay without any fees: Google Pay allows customers to make payments for products and services both in-store and online.
• Set up Google Pay easily: Google Pay allows customers to pay securely with any bank accounts stored within their Google Pay account.

Business owners and Merchants

Google Pay is available for business owners to use with their current accounts and start accepting payments digitally today. The payment is made directly into your account, and there are no additional fees. Shopkeepers who have other current accounts will soon be supported.

Needs

If you want to accept payments from customers using Google Pay for Business make sure that you comply with the requirements.

• Must be an Indian merchant.
• You must be logged in to your Gmail account and have either a computer or a smartphone before you can use Google Pay for Business.
• Please provide us with the following information about your business:
• Name of the business, its address, telephone number and name of primary contact.
• Merchant Category Code
• Virtual Payment Address (VPA), such as the universal payment identification code. Note If you do not have a virtual payment address (VPA), contact your bank to obtain one.
• You can open a business bank account or a personal one.

Terms and Policies for Security, Privacy, and Terms

Report an issue with security

Follow these steps to report any security issues that you believe may affect you, or other Google Pay users:

1. Visit our Contact page.
2. Please enter your email and name.
3. Click  after you find .
4. Choose to report a security event.
5. Please provide as much detail as possible about your security concern.
6. Please click to submit.

Terms and conditions of privacy

You agree that when you use Google Pay for Business you will adhere to the Google privacy policy and Google Pay for Business terms of service.

What are the taxes in your country?

The information below is for India.

Your business’s location will determine whether taxes or value added tax (VAT), whichever is higher, applies. Find out what is applicable in your own country.

In India, taxes are a concern

GST is a Goods and Services Tax (GST), which you will be charged on all your purchases if you are located in India.

The GST model is dual-taxation, where the Indian state governments and Indian Central Government both impose taxes on goods and services.

The GST is composed of three types of tax: the central tax (GST), state tax and integrated tax. Google’s service location and the location of your purchase determine which taxes will apply to your order. Tax rates:

• GST Central (CGST: 9%)
• State GST (SGST), 9%
• Integrated GST: 18%

Customers who have a billing address in Telangana will be charged CGST + SGST rates. Intrastate services will be charged at CGST+SGST rates. The IGST rate is charged to all others.

The GST rate for SEZ is zero.

Your tax ID will determine the amount of tax that you pay when purchasing services from Google India Digital Services Private Limited. Goods and Services Tax Identification Numbers are mandatory for businesses but optional for individuals.

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GSTIN Submission Location

You can submit your GSTIN to gpayindia-revops@google.com.

If you are handling agency accounts, ensure that the GST and address provided match the state and company who pay the invoices. Update the address if the name of the billing company and the address on your invoice differ from that which pays the invoices.

Be sure to check that your business account or personal accounts are using the correct address, GSTIN and location of the service. The GSTIN must match the address shown on your invoices. The invoice will be deemed unregistered if the GSTIN does not match the address. Google GST returns reflect this.

The correct tax is assessed if the information provided is accurate.

Note:Google cannot advise you in tax matters. Contact your tax advisor if you have any questions about this.

What is Tax Deducted At Source?

TDS certificates must be submitted every three months. Find out more about TDS Certificates.

The certificates for the quarters ending in September, June, December and March must be issued using Form 16A in 15 days of the date due to file TDS returns, i.e. by August 15, November 16, February 15, or June 15.

After June 15, the TDS certificate for the prior financial year cannot be accepted. TDS certificates, for example, should not be received after June 15 of the current financial year.

The TDS should not be taken off the GST charged in the invoice. Circular no. The Central Board of Direct Taxes of the Ministry of Finance of India issued circular no.

Google’s Permanent Account Number is AAGCG6803L. The address for the TDS Certificate must be as follows:

Google India Digital Services Private Limited

5th Floor, DLF Centre, 124 Narindra Place

Sansad Marg

New Delhi

Delhi 110001

Certificate of Tax Deducted At Source (TDS).

If your account uses monthly invoicing, send a digital copy of the TDS certificate directly to collections-in@google.com. Sign it either electronically or scan in a printout with your signature.

Send us a copy of your TDS Certificate by email if you use manual or automated payments. Sign it digitally or scan in a printout with your signature. The credit will be added to the account once it is approved.

Declaration under 206AB

Google India Digital Services Private Limited filed income tax returns for two assessment years that are relevant to previous two years. The previous year for which tax was required to be deducted, and the deadline to file the income tax return specified in Section 139(1) Income Tax Act, 1961 (“the Act”), has expired.

Google doesn’t qualify as a “specified individual” under the Section 206AB Income Tax Act of 1961. The higher withholding rate provided by the section does not apply.