Cash payments or UPI, GST registration is mandatory if registration turnover satisfied: Here’s what Karnataka tax department clarified

Karnataka tax department clarifies GST rules for vendors: The GST department is scrutinizing UPI transactions to identify unregistered traders exceeding the GST threshold, leading some to revert to cash payments. The department clarified that GST applies to all forms of payment, not just UPI, and warned of actions to collect applicable taxes. Traders receiving notices are advised to provide explanations and relevant documents for verification.