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Did a Panipuri Vendor Get a GST Notice for ₹40 Lakh Earnings? Know Truth

Does Panipuri Vendor Get GST Notice for Earning ₹40 Lakh?

A notice from GST authorities has been received to a panipuri vendor from Tamil Nadu after he reportedly received online payments of Rs 40 lakh in the FY 2023-24. On performing a fact check of the notice it was seen that it was issued before a hotel vendor and the to-address part was rigged.

According to a tax expert, Panipuri Wala makes 40 lakh per year and gets an income tax notice. The story’s spread on social media led to a discussion, with many comparing their yearly earnings.

According to the reports, the vendor was issued a summons under Section 70 of the Tamil Nadu Goods and Services Tax Act and the Central GST Act on December 17. Under the GST norms, businesses that are making over 40 lakhs per year must enrol and file the tax.

This image is circulating on social media, but SAG Infotech has not officially verified it.

40 Lakh Rupee GST Notice Receive Panipuri Vendor

As per the notice, the vendor was furnished with the summons and sought to show the financial documents pertinent to the financial transactions for the last three years. It indeed mentioned that furnishing the services or supplying goods without GST registration even after having a Rs 40 lakh annual turnover was an offence.

From the fact check by India Today, it was witnessed that the notice had been furnished before a hotel vendor in Kanniyakumari. But the ‘to address’ was discovered to be handwritten and the remaining content was typed.

The notice has been misrepresented. It was merely to notify the vendor to get his registration certificate, counted beneath the GST purview, and take on a GST number, which the vendor, too, considered. The major agenda was this, though certain miscreants have modified the to-address.

Disclaimer:- "All the information given is from credible and authentic resources and has been published after moderation. Any change in detail or information other than fact must be considered a human error. The blog we write is to provide updated information. You can raise any query on matters related to blog content. Also, note that we don’t provide any type of consultancy so we are sorry for being unable to reply to consultancy queries. Also, we do mention that our replies are solely on a practical basis and we advise you to cross verify with professional authorities for a fact check."

Published by Arpit Kulshrestha
Arpit Kulshrestha seeks higher interests in financial services, taxation, GST, I-T, etc. Writes articles with depth knowledge and is extensive for the same. The resources provide effective articles for the products of SAG infotech which provides taxation and IT software. Writing from observations and researching makes his articles virtuous. View more posts
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