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GST notice to small vendors
August 13 , 2025
2 days
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- Karnataka Commercial Taxes Department used UPI data to identify tax evaders.
- Notices were sent to thousands of small vendors suspected of evading taxes.
- GST exempts small businesses with a turnover under ₹40 lakh for goods and ₹20 lakh for services.
- However, vendors selling taxable items alongside exempt goods may owe taxes.
- By 2025, UPI transactions reached ₹260 lakh crore annually, capturing 28% of retail payments.
- In FY25, 70% of UPI transactions were peer-to-peer and 30% peer-to-merchant.
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