Overview
- Trade bodies withdrew a planned three-day protest and July 25 bandh after Chief Minister Siddaramaiah assured no recovery for exempt goods and waived old GST dues for registered vendors.
- Siddaramaiah directed that arrears up to three years would be dropped provided traders register under GST and emphasized mandatory compliance for those crossing turnover thresholds.
- Authorities sent over 14,000 show-cause notices this month to unregistered vendors whose UPI transactions exceeded ₹40 lakh in a financial year to enforce the GST registration limit.
- The state’s ongoing 'Know GST' campaign includes workshops and a helpline to clarify retrospective notices and simplify the registration process for small businesses.
- Thousands of low-margin traders had temporarily reverted to cash-only sales out of fear that digital payments would trigger fresh tax notices.