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Refundable amount = Fees paid excluding GST* (-) One quarter breakage fees (-) Fee for used period
*Please note that GST is non refundable.
Mr. Trader availed subscription of Value services on Aug 1 and paid the fees of Rs.34,000 for two quarters in advance. Mr. Ram wishes to terminate the services and requests for refund of subscription amount on Aug 10.
|Used period Fee deducted||1888.88|
|Breakage Fee Deducted (One Quarter)||17000||Applicable Refund||15111.11|
|Used period Fee deducted||5666.66|
|Breakage Fee Deducted (One Quarter)||17000|
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e-Mandate is a payment service initiated by RBI and the National Payments Corporation of India (NPCI). A mandate is a standard instruction to automatically debit the instructed amount from your bank account. The mandate is also known as NACH (NACH stands for National Automated Clearing House).
My eMandate setup failed. How should I set it up? eMandate registration could fail due to multiple reasons like authentication failure, incorrect login details, premature closure of registration screen etc.
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