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  • Home
  • World

    DUSQ Makes Kickstarter History, Fastest Indian Healthtech Company to Hit USD 1 Million.

    IAA MOBILITY 2027 Registration Now Open

    OPPO x Discovery Launches ‘Filmmaker Accelerator Program’ for emerging creators in India

    Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman adjust production and reaffirm commitment to market stability.

    Global demand for LNG expected to grow by 65% by 2050

    Sagar Adani calls for faster electrification as Adani Green convenes global energy dialogue at London’s Science Museum .

  • National
    • All
    • Economy & Politics
    • Election

    Pidilite’s Fevicryl Launches Children’s Art Range ‘Fevicryl YUDU’.

    79 Percent Indians Avoid Unknown Business Calls, Reveals Truecaller and Tata Tele Business Services Report.

    DUSQ Makes Kickstarter History, Fastest Indian Healthtech Company to Hit USD 1 Million.

    V. Somanna, Hon’ble Union Minister of State for Railways and Jal Shakti lays foundation stone for Pedestrian Subway.

    Investments in Indian Real Estate Diversify Geographically Amid Global Headwinds – Vestian.

    Forevermark Diamond Jewellery Presents an Exclusive ICON Bracelet Inspired by Indian Cricketer Abhishek Sharma.

  • Business

    79 Percent Indians Avoid Unknown Business Calls, Reveals Truecaller and Tata Tele Business Services Report.

    DUSQ Makes Kickstarter History, Fastest Indian Healthtech Company to Hit USD 1 Million.

    Forevermark Diamond Jewellery Presents an Exclusive ICON Bracelet Inspired by Indian Cricketer Abhishek Sharma.

  • Health

    NYB.AI Featured in NVIDIA GTC Taiwan 2026 Opening Showcase, Marking Milestone in AI-Driven Drug Discovery Collaboration.

    Narayana Health City Performs India’s First Pulsed Field Ablation for Advanced Treatment of Atrial Fibrillation.

    WellSpan Health and Philips Announce Landmark Strategic Alliance, Accelerating Innovation and Research Across Central Pennsylvania and Northern Maryland

    Ramaiah Group and University at Albany Launch RISM, India’s First Greenfield Deemed-to-be University Focused on STEM and Management.

    Samsung Announces World-First Breakthrough in Fainting Prediction With Galaxy Watch.

    Disney and Philips bring together beloved storytelling and innovative technology to support kids undergoing MRI exams

  • Technology
    • All
    • Environment
    • Science

    KATALYST CONNECT: Chief Minister D.K. Shivakumar Chairs Strategic Meeting with GCC Leaders to Shape Karnataka’s Next Phase of Innovation-Led Growth.

    OPPO India Elevates Creative Photography with Reno16 Series featuring AI Portrait Camera and AI Remix Collage.

    Global demand for LNG expected to grow by 65% by 2050

    Movate and MelodyArc Announce Applied AI Partnership to Transform CX Operations with AI-Powered Workflow Orchestration

    Qualcomm India Opens Registrations for Snapdragon Multiverse Hackathon to Build Multi-Device AI Solutions.

    Forensic Science Laboratory’s Achievements a Model for the Nation Government Committed to Further Strengthening It – Home Minister Priyank Kharge

  • Auto

    IAA MOBILITY 2027 Registration Now Open

    Daimler India Commercial Vehicles (DICV) also joins the Government of India scheme to provide discounts for the replacement of old trucks and buses in Delhi-NCR.

    Busworld Türkiye 2026 grows by 15% as innovation takes centre stage.

    Tata Motors Strengthens eCV Leadership with over 3,400 Vehicle Orders Across Freight, Logistics and Passenger Mobility Segments.

  • Sports

    Assetz Announces Partnership with Rohan Bopanna Tennis Academy.

    KARNATAKA’S PUNEETH AND SRISHTI SET FOR HISTORIC WIMBLEDON DEBUT.

    Bengaluru Blasters cruise to eight-wicket victory over Mysore Warriors.

    KSCA unveils state-of-the-art LED Floodlighting System at M. Chinnaswamy Stadium.

  • Entertainment

    Yamaha Music India Launches EAD50 With Acclaimed Drummer Ranjit Barot As Yamaha Artist.

    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

  • Lifestyle
    • All
    • Food
    • Travel

    Katrina Kaif Is Back as Bonn’s Face – How the Brand Is Turning Her Star Power Into Lasting Brand Equity

    Yamaha Music India Launches EAD50 With Acclaimed Drummer Ranjit Barot As Yamaha Artist.

    ABD’s ICONiQ White Whisky Achieves Highest-Ever Monthly Sales, Over 1 Million Cases in a Month.

    Air India introduces ‘basic’ fare option, expanding customer choice in economy class on domestic travel.

    Samsung Announces World-First Breakthrough in Fainting Prediction With Galaxy Watch.

    “Our vision is to make nutrition a standard feature in every kitchen, not a luxury.”-Mr. Jambulingappa Hosmani, MD, Panchamrutha Industries Pvt. Ltd

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Home Business

Commercial Taxes department’s clarification regarding Digital and Gateway Payments

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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FWM

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