Karnataka Traders Strike Over UPI-Driven GST Notices
Traders in Karnataka are protesting following the issuance of nearly 6,000 GST demand notices based on UPI transaction data, prompting strike calls. While the tax department claims the action is lawful, many traders are concerned about the sudden enforcement and lack of clarity on tax obligations.
- Country:
- India
Karnataka's trading community is in turmoil following the issuance of close to 6,000 GST demand notices driven by UPI transaction data.
The state's traders' associations are calling for a strike, claiming the notices caught them off guard after the Commercial Taxes Department flagged potential tax non-compliance based on transaction volumes.
Department officials maintain the notices adhere to the legal framework, urging traders to provide transaction documentation to clarify or contest the tax demands.
(With inputs from agencies.)
Advertisement
ALSO READ
Boom in Land Transactions: India's Real Estate Surge in 2025
UPI: India's Digital Revolution Extends Global Influence
Lupin and Zentiva Forge Global Pact on Biosimilar Rollout
India-Namibia Forge Digital Future with Landmark UPI Agreement
UPI Leads the Charge: India's Rapid Shift to Digital Payments
Google News