recently I have seen video of a YouTuber having millions of subscriber, in which he is saying if you are having upi transactions valuing more than 40 lacs there will be chances that the concerned person to get a notice from gst department
so my question is - whether this is correct or not if yes then does salaried individual also get this notice?
Gst notice for upi transaction over rs 40 lac
Replies (3)
Quick Summary
Yes. Chances are if not registered under GST
Why, as upi transaction and bank entries total does not solely indicate a turnover
No "UPI tax" as such, but receipts reveal turnover:
• GST doesn't apply to UPI transactions themselves. What matters is turnover. If business receipts (UPI included) exceed the registration threshold (Rs 40 lakh for goods in most States, Rs 20 lakh for services; lower in special category States), registration and GST apply.
• In 2025, Karnataka's commercial tax department issued notices to merchants based on UPI data showing receipts above thresholds without registration. That's legitimate data matching.
• Personal transfers (family, splitting bills) aren't turnover. Keep records separating personal and business receipts.
• Income-tax: business receipts through UPI are income. Large inflows show in AIS.
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