UPI dilemma: Bengaluru’s small vendors fear big trouble over tax notice

Bengaluru: Small vendors accepting UPI payments in Bengaluru are on tenterhooks, after a recent directive from the Commercial Taxes Department spooked them.

The department recently said that businesses with an annual turnover exceeding Rs 40 lakh (goods) or Rs 20 lakh (services) must register for GST and pay appropriate taxes.

Following the directive, many are either hiding UPI QR codes or removing the payments option entirely. Others are in a dilemma as most customers don’t carry cash.