GST Notices sent to 7000 Unregistered Vendors in Karnataka based on UPI Transaction Data

The Karnataka GST department has sent notices to over 7,000 unregistered vendors based on data from UPI transactions. This move is a significant step in the department's use of technology and data analytics to expand the tax base. By cross-referencing UPI transaction data with GST registration records, the authorities are able to identify businesses that are operating without a valid GST number. This action is intended to increase tax compliance and curb tax evasion, ensuring that a larger number of businesses contribute to the state's revenue.