https://www.taxtmi.com/highlights?id=90859 A state tax authority issued nearly 6,000 GST demand notices to traders based on UPI transaction data, alleging unregistered turnover exceeding statutory thresholds. The notices are preliminary and recipients may respond with evidence to prove exemption or justify non-registration, which can lead to withdrawal of notices. Traders' associations have protested, calling for strikes and boycotts of UPI payments, citing lack of clarity and sudden enforcement. The tax department maintains the actions comply with legal provisions, emphasizing the obligation to register and remit taxes once turnover crosses prescribed limits. The department uses UPI data as an indicator but considers other payment modes and allows for hearings before final assessme..... en-us Thu, 24 Jul 2025 15:13:57 +0530 Thu, 24 Jul 2025 15:13:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=90859 A state tax authority issued nearly 6,000 GST demand notices to traders based on UPI transaction data, alleging unregistered turnover exceeding statutory thresholds. The notices are preliminary and recipients may respond with evidence to prove exemption or justify non-registration, which can lead to withdrawal of notices. Traders' associations have protested, calling for strikes and boycotts of UPI payments, citing lack of clarity and sudden enforcement. The tax department maintains the actions comply with legal provisions, emphasizing the obligation to register and remit taxes once turnover crosses prescribed limits. The department uses UPI data as an indicator but considers other payment modes and allows for hearings before final assessme..... Highlights GST Thu, 24 Jul 2025 15:13:57 +0530 https://www.taxtmi.com/highlights?id=90859