Commercial Taxes dept urges traders not to stop receiving payments through UPI
Bengaluru, Jul 17 (PTI): The Additional Commissioner of Commercial Taxes on Thursday urged traders not to stop receiving payments through UPI.
On July 11, the Commercial Taxes Department had informed the public that the business establishments, which receive payment exceeding Rs 40 lakh annually for goods and Rs 20 lakh for services will have to obtain Goods and Services Tax (GST) registration.
Following this, it has been reported in the media that many traders are refusing to accept Unified Payments Interface (UPI), fearing GST notices.
The news that thousands of unregistered small businesses have received GST notices wherein the department had tracked the defaulters through their UPI records and that some are being asked to pay in lakhs of rupees have led to this confusion, the department said in a release.
It further stated that the GST notice being sent takes into consideration all modes of payment -- POS machine, bank payments, cash as well as UPI. It also said that refusing UPI payments does not absolve the traders from GST.
"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," the release said.
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MEA reports more than 200 Indians enlisted in Russian military since 2022; 26 deaths confirmed
More than 200 Indian nationals have joined the Russian armed forces since 2022, with 26 are confirmed dead, MEA—The Ministry of External Affairs have informed the Upper house of the Parliament: Rajya Sabha.
In a written response, the Minister of State for External Affairs, Kirti Vardhan Singh, has stated that at least 202 Indians are reported to have joined the Russian army. Among these recruited personnels, 26 have lost their lives; while, seven individuals have been reported missing by Russian authorities. He added that the remains of two deceased Indian nationals were cremated in Russia.
Singh noted that the sustained diplomatic efforts by the Indian government have led to the early discharge of 119 individuals. He further added that the discussions are going smoothly with the Russians to secure the release of the remaining personnel, with efforts underway to facilitate the early discharge of 50 more Indian nationals.
According to the minister, the Union government is in contact with Russian authorities to ensure the safety, welfare, and prompt return of Indian citizens serving in the Russian army. The issue, he said, is being addressed at multiple levels, including interactions between senior leaders, ministers, and officials of both countries.
The said disclosure was made in response to queries raised by Saket Gokhale, the MP of Trinamool Congress, and Randeep Singh Surjewala, the MP of INC, regarding the number of Indians allegedly recruited into the military service in Russia; Along with the details of deaths and missing persons reported since 2022.
