Is there any limit on the amount that could be transferred using NEFT/RTGS for a GST payment?
As per current regulations, NEFT can be done for any amount more than 0 (you can even transfer INR 1.00) but NEFT does carry a maximum limit of INR 1,99,999 in many banks.
RTGS can be done for a minimum of INR 2,00,000 up to any amount without limits.
These amounts are governed by the current banking rules; you may refer to the RBI website for the same.
Related Topic on GST Challan
GST Challan : All That you needs to Know – Process and Form
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