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EMI Calculator IFSC Code Blogs FAQsA PAN Card is considered  an invaluable resource of India. As in India, everyone is involved in trade or business. Each taxpayer in the country should compulsorily needto hold a PAN Card. If anyone making financial transactions without giving PAN Card details, in that case,  the government is levying penalty on those. It is not an expensive affair to own a PAN Card. There are minimal PAN charges kept by the government to apply for a PAN Card. Charges are higher in a case where PAN Card need to be sent outside the country.
Applicants who were residing in India needs to pay a fee of Rs 101, which includes 18% GST also.  The Government has imposed a uniform PAN fee for all PAN applications which have a communication address within the country. Fee varies, depending on the use of mode for making the payment.
There is might be a possibility for an individual that he or she may lose or damage his or her PAN Card. In such a case,  the PAN card fee charge will be Rs 110 inclusive of GST. But this fee is to be charged only in the case if the communication address is within India. Rates differ in case of communication address is overseas.
Booming Indian economy who has attracted the number of foreign players who are carrying out their business in India. To have a PAN Card is mandatory for such entities also, be it an individual and they are required to go through the same process as a resident of India. In these cases, the government is charging a fee of Rs 1011.00(Application fee + Dispatch Charges Rs 857). For new PAN application, fee is Rs 1020 and for reprint of a PAN Card fee is (application fee 93.00+ Dispatch charges Rs 771.00 + 18% of GST)
Address Type | Fees | GST | Total Charged |
---|---|---|---|
Indian Communication address |
Rs 56 |
Rs 10.08 |
Rs 66.00 |
Foreign Communication address |
Rs 56 |
Rs 10.08 |
12 Months |
A. Communication address within India:
B. Communication address is outside India:
Individuals or companies having a communication address outside India can make payment either using Debit Card, Credit Cards or Demand Drafts. The demand draft should always be in favor of the “NSDL-PAN”, payable only in Mumbai. Payment made through Debit Card or Credit card will attract additional bank-imposed charges which are 2% plus service tax. Additionally, one might also incur conversion or exchange charges imposed by the bank to initiate such payment.
The Government of India permits others to make payment on behalf of applicants (Debit Card, Credit Card and Net Banking depending on who is applying for a PAN Card.
There are chances of rejection of PAN application of an individual on grounds of incorrect, incomplete information or failure to adhere to the instructions. In such a case, the applicant must know that there is no provision of a fee refund. They can apply for PAN by correcting the wrong information, using the same payment details.