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  • Home
  • World

    Milk procurement, processing, and supply across the country have remained uninterrupted amid the ongoing West Asia crisis

    Advertising leaders join Rocketium to scale AI-powered creative production platform.

    PHOTO CREDIT-MAG GROUP.

    Malaysia Aviation Group Renews Partnership with MATTA, Strengthening Role as Official Airline Partner and Premier Sponsor of Malaysia’s Largest Travel Fair.

    New Report Charts Key Strategies and Trade-Offs for Long-Term Growth

    TGS Signs Strategic Agreement with the Republic of Equatorial Guinea to Advance Seismic Data Development.

    Media OutReach Newswire Appoints Pamela Phua as Managing Partner, Southeast Asia

    Media OutReach Newswire Appoints Pamela Phua as Managing Partner, Southeast Asia to Champion Singapore and Southeast Asian Brand Expansion into Global Markets.

  • National
    • All
    • Economy & Politics
    • Election

    Jockey Brings ‘Take It Outside’ Back for Summer with Fresh Styles, News Colors and a Growing Athleisure Range .

    Akshaya Tritiya celebrations at Sri Sai Gold Palace Actress Sudharani doubles the excitement

    𝗚𝗿𝗮𝗻𝗱 ‘𝗧𝗶𝗿𝘂𝗽𝗮𝘁𝗶 𝗩𝗲𝗻𝗸𝗮𝘁𝗲𝘀𝗵𝘄𝗮𝗿𝗮’ 𝗧𝗲𝗺𝗽𝗹𝗲 𝘁𝗼 𝗯𝗲 𝗖𝗼𝗻𝘀𝘁𝗿𝘂𝗰𝘁𝗲𝗱 𝗶𝗻 𝗕𝗲𝗹𝗮𝗴𝗮𝘃𝗶 𝗮𝘁 𝗮 𝗖𝗼𝘀𝘁 𝗼𝗳 𝗥𝘀. 𝟭𝟬𝟬 𝗖𝗿𝗼𝗿𝗲: 𝟳 𝗔𝗰𝗿𝗲𝘀 𝗼𝗳 𝗟𝗮𝗻𝗱 𝗛𝗮𝗻𝗱𝗲𝗱 𝗢𝘃𝗲𝗿 𝘁𝗼 𝗧𝗧𝗗: 𝗧𝗧𝗗 𝗠𝗲𝗺𝗯𝗲𝗿 𝗦. 𝗡𝗮𝗿𝗲𝘀𝗵 𝗞𝘂𝗺𝗮𝗿

    PHOTO CREDIT-TITAN

    Titan Launches Zero Hour, its Performance Sports Line, with 500M Professional Diver’s Watch.

    Milk procurement, processing, and supply across the country have remained uninterrupted amid the ongoing West Asia crisis

    ECI flags off Phase-II of International Election Visitors’ Programme-2026

  • Business

    “Our AI First value framework and differentiated Topaz Fabric, position us uniquely to deepen client trust and gain greater share of the market”,-Salil Parekh, CEO & MD

    Milk procurement, processing, and supply across the country have remained uninterrupted amid the ongoing West Asia crisis

    South Zone Consultation Workshop on New Textile Schemes (Budget 2026-27) held in Bengaluru

  • Health

    Iberia Pharmaceuticals aim to set new standards in skincare with KeyCi.

    Happiest Health Expands Dental Care Portfolio with Second Happiest Pearls Dental Clinic in Whitefield, Bangalore

    Mission Poshan 2.0 Strengthening India’s Nutrition Ecosystem .

    Herbalife Logo

    Herbalife to Expand Its Personalized Nutritional Supplement Capabilities Through Planned Acquisition of Bioniq .

    PHOTO CREDIT-| Syoat Kids

    Avee Kids Rebrands as Syoat Kids, Strengthening Its Oat-Focused Care Vision for Children

    Kenvue India and Indian Academy of Pediatrics Bengaluru Spotlight Evidence-Based Skincare for Pediatric Sensitive Skin at ‘Oat Nature Lab’

  • Technology
    • All
    • Environment
    • Science
    PHOTO CREDIT-TITAN

    Titan Launches Zero Hour, its Performance Sports Line, with 500M Professional Diver’s Watch.

    OPPO India Launches the F33 Series, the Mid-Range Selfie Champion.

    HAL Hands Over Four ALH Mk III (MR) Helicopters to Indian Coast Guard, Meets Delivery Timeline.

    PHOTO CREDIT-SAMSUNGINDIA

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  • Auto

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    PHOTO CREDIT-Tata Motors

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    International Event Ambassador Blanka Vlašić highlights impact of sport for women ahead of TCS World 10K Bengaluru 2026

    Over 36,000 participants gear up for the 18th edition of the TCS World 10K Bengaluru.

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    NGOs, corporates, & citizens unite to raise over INR 5 crores and counting, for Social Good at the TCS World 10K Bengaluru 2026.

  • Entertainment

    Actor Dr. Rajkumar’s 97th birthday celebration on April 24th, at 10.30 am in Dr. Rajkumar Punyabhoomi premises of the Sri Kanteerava Studio .

    Doordarshan Chandana has launched an innovative farmers’ reality show named “Raitaratna” (ರೈತರತ್ನ).

    Phoenix Marketcity brings you a legendary live concert by PADMA BHUSHAN KS CHITRA.

    UNDP Goodwill Ambassador and ‘Game of Thrones’ star Nikolaj Coster-Waldau highlights Odisha’s mangrove restoration story in global documentary series

    House of McDowell’s Soda Yaari Jam, India’s Biggest Branded Live IP, Touches down in Kolkata

    “Virgin Boys” – A Bold Telugu Youth Drama Captures Hearts Across Theatres

  • Lifestyle
    • All
    • Food
    • Travel

    Jockey Brings ‘Take It Outside’ Back for Summer with Fresh Styles, News Colors and a Growing Athleisure Range .

    Akshaya Tritiya celebrations at Sri Sai Gold Palace Actress Sudharani doubles the excitement

    PHOTO CREDIT-TITAN

    Titan Launches Zero Hour, its Performance Sports Line, with 500M Professional Diver’s Watch.

    PHOTO CREDIT-MARKS SPENCER

    Marks & Spencer Introduces its new ‘Love That’ campaign – Inspired by the power of a simple compliment

    Iberia Pharmaceuticals aim to set new standards in skincare with KeyCi.

    PMJ Jewels Celebrates Akshaya Tritiya with “Rajeev’s IQ vs. Suma’s GB” Campaign.

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Home Business

Commercial Taxes department’s clarification regarding Digital and Gateway Payments

FWM by FWM
July 18, 2025
in Business
0

Bengaluru, July 18 (Karnataka Information):
The Commercial Taxes department, has issued a clarification dated 11-07-2025 regarding the traders who have done business through the digital payment gateways. Subsequently, various reports have been published in various electronic and press media on this issue and it is learnt that this has caused confusion amongst the trade community.
In this background, the department provides the following supplementary information.
As per section 22 of the Goods and Services Tax Act, 2017, every person who carries on a business activity and receives payment by way of cash, UPI, POS Machine, Bank Payments or by any other means exceeding Rs. 40 Lakhs annually in case of a person dealing only in goods and exceeding Rs. 20 Lakhs annually in case of persons dealing in services have to obtain GST registration mandatorily. The aggregate turnover, in case of a person who has obtained GST registration under the regular scheme, would include the taxable and tax exempted goods and services. If the person has obtained registration under regular scheme, the tax is leviable only on the taxable goods and taxable services only. The registered person shall have to pay the net tax on the supplies made by him after adjusting the input tax credit on the goods and services procured. Hence, the amount of tax payable on the value addition will be very less.
In continuation, any person whose annual turnover is less than Rs. 1.5 Crores can opt for composition tax scheme after obtaining GST registration and can pay SGST at 0.5% and CGST at 0.5%. But, the composition tax scheme is not applicable on the turnover made without obtaining registration.
In view of the above, the traders are advised, not to get confused and to submit explanation with relevant documents after visiting the office from where they have received notice and the officers would verify them and suitably inform the relevant provisions of the GST and also their remedies and would levy tax at the applicable rates only on the taxable turnovers after excluding the tax exempted goods and services.
All the officers have been instructed to provide suitable guidance and co-operation and create awareness amongst the traders in this regard. Further, it has also been instructed to provide new registrations smoothly without causing any kind of inconvenience to the tax payers.
Presently, 98,915 tax payers have registered themselves and are paying taxes under the composition scheme. The process of issuing notices to the persons who have not obtained registration but have an annual turnover of more than Rs. 40 lakhs (in case of suppliers of goods) and Rs. 20 lakhs (in case of supplier of services). In future, it would not be difficult for the registered persons to pay tax at 1% under the composition scheme. The number of persons to whom notices or intimations are issued recently are less than 10% of the already registered taxpayers under composition scheme. So, majority of such dealers are already paying taxes as per law.
Further, it has come to the knowledge of the department that certain traders have stopped receiving payment through UPI and are receiving consideration in the form of Cash subsequent to the issue of notice. The GST is applicable on the consideration received for the supplies in any form and UPI is only a method of receiving such consideration. The department will take suitable action to collect the applicable tax under the GST Act from the traders who have received consideration in any form.

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