@abhishekrajaram's Latest Twitter Threads

📰 News: CBIC looking to expand e-invoicing on B2C Supply. ❓Q. But why they want e-Invoice for B2C Supplies' because all Tax would be deposited. What do they want to track?

🚨 West Bengal Assembly passes bill to impose 28% GST on online gaming, horse racing, casinos 🎰💰

Govt to mandate e-invoice for B2C transactions in 2-3 years The government's push towards digitization continues, with plans to make e-invoicing mandatory for B2C transactions in the next 2-3 years.

Multi-crore GST fraud case in Noida: 4 more arrested Gautam Buddha Nagar police arrested four more persons in connection with its ongoing investigation into a GST fraud case.

📢 Finance Minister Nirmala Sitharaman said GST officers have detected 21,791 fake GST registrations and over Rs 24,000 crore of suspected tax evasion during a two-month-long special drive. 💼

Infra firms ready to battle GST on corporate guarantee in court! As per Sources Notices issued are more than Rs. 1,000 Crores.

Rolling dice on tax changes: Investor interest in real-money gaming sours At a time when the margins of Indian real-money gaming (RMG) companies have hit the skids due to the new goods and services tax (GST) norms on online gaming, investor interest in RMG has soured.

🔴 The battle against GST evasion continues! A special drive sees GST evasion of Rs 1.5 lakh crore till October as per the Government in Parliament. This alarming figure highlights the pressing need for stricter enforcement and tougher penalties to tackle this rampant issue.

📝 e-Invoice Update: 📆 Starting from 15th of December 2023, at least a 6-digit HSN will be 🔒 mandatory in e-Invoices, for taxpayers whose AATO is 5Cr and above. 💼

14.Dec.2019: GST Registration was cancelled 25.Sep.2021: Appeal against Cancellation order was filed 29.Nov.2021: First Appellate Authority rejected the Appeal on the basis of it being time barred Petitioner apprached Jharkhand High Court.