India’s GST Council is expected to clarify at its September 9 meeting on whether GST of 18 percent should be levied on digital payments of less than Rs 2,000 made through payment aggregators such as Pine Labs and Razorpay, CNBC-TV18 reported citing sources.

Currently payment aggregators, who see digital payments such as QR scanning, POS machine, and net banking, are exempt from GST on transactions below Rs 2,000. A final decision will be taken by the GST Council on the recommendation of the rate fitment committee, the report added.

According to the fitment committee, these payment aggregators act as intermediaries for such transactions and can’t be treated as banks, so GST should be levied on them, the report added.