GST notice to vegetable seller: A strange situation arose in front of a small shopkeeper selling vegetables when he was asked to pay a GST notice of Rs 29 lakh. After seeing the notice, now that vegetable shopkeeper does not understand how to repay this money. Actually, this is the whole matter of Haaveri in Karnataka.

29 lakh notice to vegetable shopkeeper

Shankar Gowda, a person named near the municipal high school grounds here, has been running a small vegetable shop for the last four years. Most of their customers buy them vegetables by paying them money from UPI or other digital wallets. However, the great difficulties for Shankar Gowda stood in front when sending a notice of 1.63 crore transactions during the last four years, the GST officer has asked them to pay Rs 29 lakh.

Fresh vegetables do not seem GST

Vegetable shopkeeper Shankar Gowda says that they bring fresh vegetables directly from the farmers and then sell them from their small shop. He says that most of their customers pay through UPI, rarely any customer comes who give cash. Vegetable shopkeepers further say that they file income tax returns every year and keep their records correctly, but surprise happened when this impossible amount was asked to repay them as GST.

According to Cleartax, fresh vegetables do not come under the purview of GST. If the vegetable vendors buy directly from the farmers and sell it without any fresh processing, then they do not come under the purview of GST. According to the Economic Times, recently the GST department of Karnataka said that they are keeping a close watch on such businessmen who take payment from UPI. It was also said on his behalf that whose turnover crosses the limit and they will be sent a notice for GST registration.

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Notice to Tata Steel: The world’s well -known company Tata Steel has been sent a GST notice of more than 1000 crores by the tax department, after which this company has come into controversies at this time. In the stock exchange filing on behalf of Tata Steel, it was told on Sunday that he was given this notice on 27 June by the Commissioner (Audit) office of Central Tax in Ranchi.

The cause of the notice issued by Ranchi-based Central Tax Commissioner (Audit) has been told that Tata Steel has incorrectly credit tax of more than Rs 1007 crore from financial year 2018-19 to 2022-23. This is a violation of the State Goods and Service Tax Act 2017 and the Central Goods and Service Tax Act 2017 and Section 20 of Integrateid Goods and Service Tax 2017.

Notice to Tata Steel

Tax officials say that the notice has been sought from Tata Steel within 30 days about this notice and it has been asked why they should not be charged Rs 1007 crore as GST. However, it has been clarified by the company that it will not have any effect on operational work or financial positions and will be responded to on the appropriate platform.

After this notice from the tax department, the first business day of the week i.e. on Monday, Tata’s shares can be seen. However, Tata Steel says that Rs 514.19 crore has already been deposited as GST and it is a part of normal business transactions.

What is the whole controversy

Significantly, whenever a company buys a goods, it pays tax on Ur at that time and after that it also pays tax while selling the goods. In such a situation, he has the right to reduce the tax already paid. This system saves double taxation i.e. double taxation. Tax officials believe that wrong credi has been taken by Tata Steel, which has been violated in a way.