The record
Written from the 1 report below. Nothing here is unsourced.
- Cooking gas distributors are studying the impact of a flat ₹5 Merchant Discount Rate that the National Payments Corporation of India has proposed on transactions above ₹2,000 from October 15.
- Commercial 19-kg LPG refills, priced nearly ₹3,000 each, will clearly attract the charge.
- Distributors are unsure whether domestic refills sold to households will also attract the MDR.
- The common practice of delivery personnel collecting household payments on individual UPI accounts and transferring bulk amounts to the distributor in the evening may trigger the fee from October 15.
- LPG distributors plan to approach the government seeking exemption from the MDR, citing the fixed, thin margins on which they operate.
What to watch next
- Whether LPG distributors receive an exemption from the MDR after approaching the government.
- Clarity on whether domestic 14.2 kg cylinder sales will attract the MDR.
- How the ₹5 MDR is applied to bulk remittances by delivery personnel from October 15.
Who said what1
Only words found exactly in the article are shown, attributed and linked to the line they came from.
Jagan Mohan Reddy
president of the Telangana LPG Distributors Association
1 quote · 1 outlet
“Delivery boys collect payments on their individual UPI account for the refills they supply through the day to the households. In the evening, they transfer the sum collected to the distributor. But from October 15, such bulk remittance are likely to attract the MDR”
In the article
…the 14.2 kg cylinders come for less than ₹1,000 each, the common practice of permitting delivery personnel to collect payments from customers and remit the same to the agency subsequently may trigger the charge. “ Delivery boys collect payments on their individual UPI account for the refills they supply through the day to the households. In the evening, they transfer the sum collected to the distributor. But from October 15, such bulk remittance are likely to attract the MDR ,” Telangana LPG Distributors Association president Jagan Mohan Reddy said. Stating the practice has become common with distributors not sharing QR code with each of the delivery personnel, he said the LPG distributors…
Why it matters3
Who is affected first and what likely follows, with a direction and a horizon. Extracted from the reports, never invented.
- LPG distributors in India operating cost increase· weeks
- Government / oil marketing companies exemption lobbying pressure· days
- Consumers delivery cost passthrough risk· longer
Coverage1
All filed from IndiaSingle origin
Named India · Telangana · Jagan Mohan Reddy · National Payments Corporation of India · Telangana LPG Distributors Association
The 1 report is listed beside the record.
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