Abhishek Raja "Ram"

@abhishekrajaram

about 1 month ago

โ€ขView on Twitter

๐—ฆ๐—น๐—ถ๐—ฑ๐—ฒ ๐Ÿญ: ๐Ÿ“ข ๐—•๐—ถ๐—ด ๐—š๐—ฆ๐—ง ๐—–๐—ต๐—ฎ๐—ป๐—ด๐—ฒ๐˜€ ๐—ถ๐—ป ๐—œ๐—ป๐—ฑ๐—ถ๐—ฎ ๐—ณ๐—ฟ๐—ผ๐—บ ๐—”๐—ฝ๐—ฟ๐—ถ๐—น ๐Ÿญ, ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฑ! Stay ahead of the curveโ€”major tax reforms are here. [img:JkwLqeYDD]

๐—ฆ๐—น๐—ถ๐—ฑ๐—ฒ ๐Ÿฎ: ๐Ÿจ ๐—›๐—ผ๐˜๐—ฒ๐—น ๐—š๐—ฆ๐—ง ๐—ฅ๐—ฎ๐˜๐—ฒ๐˜€ ๐—จ๐—ฝ๐—ฑ๐—ฎ๐˜๐—ฒ A. Rooms โ‰ฅ โ‚น7,500/day โ†’ 18% GST with ITC B. Rooms < โ‚น7,500/day โ†’ 5% GST without ITC C. Expect pricing and billing strategy shifts. [img:UaYDtGw_x]

๐—ฆ๐—น๐—ถ๐—ฑ๐—ฒ ๐Ÿฏ: ๐Ÿ” ๐—ฆ๐—ฒ๐—ฐ๐˜‚๐—ฟ๐—ถ๐˜๐˜† ๐—•๐—ผ๐—ผ๐˜€๐˜ ๐—ณ๐—ผ๐—ฟ ๐—š๐—ฆ๐—ง ๐—ฃ๐—ผ๐—ฟ๐˜๐—ฎ๐—น A. Mandatory Multi-Factor Authentication (MFA) B. Applies to all users from April 1 C. Say goodbye to simple logins. [img:A0XSgCeku]

๐—ฆ๐—น๐—ถ๐—ฑ๐—ฒ ๐Ÿฐ:๐Ÿš— ๐—จ๐˜€๐—ฒ๐—ฑ ๐—ฉ๐—ฒ๐—ต๐—ถ๐—ฐ๐—น๐—ฒ๐˜€ ๐—š๐—ฆ๐—ง ๐—œ๐—บ๐—ฝ๐—ฎ๐—ฐ๐˜ A. 8% GST on marginal value (sale-purchase margin) B. Buying/selling old cars? Factor in this change. [img:TL6QX1hHH]

๐—ฆ๐—น๐—ถ๐—ฑ๐—ฒ ๐Ÿฑ: ๐Ÿฟ ๐—ฃ๐—ผ๐—ฝ๐—ฐ๐—ผ๐—ฟ๐—ป ๐—š๐—ฆ๐—ง ๐—ง๐˜„๐—ถ๐˜€๐˜ A. Non-labelled โ†’ 5% GST B. Labelled โ†’ 12% GST C. Sugar-coated โ†’ 18% GST D. Snack sellers, take note. [img:wbpWpEVuW]

๐—ฆ๐—น๐—ถ๐—ฑ๐—ฒ ๐Ÿฒ:๐ŸŒพ ๐—ฅ๐—ฒ๐—น๐—ถ๐—ฒ๐—ณ ๐—ณ๐—ผ๐—ฟ ๐—™๐—ฎ๐—ฟ๐—บ๐—ฒ๐—ฟ๐˜€ A. Green/dried pepper & raisins B. Supplied by agriculturists = GST-exempt [img:urTTfd25m]

๐—ฆ๐—น๐—ถ๐—ฑ๐—ฒ ๐Ÿณ: ๐Ÿ›’ ๐—˜-๐—–๐—ผ๐—บ๐—บ๐—ฒ๐—ฟ๐—ฐ๐—ฒ ๐—ง๐—–๐—ฆ ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜๐—ถ๐—ป๐—ด ๐—จ๐—ฝ๐—ฑ๐—ฎ๐˜๐—ฒ A. GSTR-8 format revised B. E-commerce operators must update back-end systems. [img:1hL4DCv4-]

๐—ฆ๐—น๐—ถ๐—ฑ๐—ฒ ๐Ÿด: ๐Ÿงพ ๐—ง๐——๐—ฆ ๐—™๐—ถ๐—น๐—ฒ๐—ฟ๐˜€ ๐—”๐—น๐—ฒ๐—ฟ๐˜ A. GSTR-7 format updated B. From April 1, more data points required. [img:QcWFDq-wD]

๐—ฆ๐—น๐—ถ๐—ฑ๐—ฒ ๐Ÿต: ๐Ÿข ๐—˜-๐—œ๐—ป๐˜ƒ๐—ผ๐—ถ๐—ฐ๐—ฒ ๐—ฅ๐˜‚๐—น๐—ฒ ๐—ณ๐—ผ๐—ฟ ๐—•๐—ถ๐—ด ๐—•๐˜‚๐˜€๐—ถ๐—ป๐—ฒ๐˜€๐˜€๐—ฒ๐˜€ A. Turnover > โ‚น10 Cr B. No reporting of e-invoices older than 30 days C. Stay timely, stay compliant. [img:BkedfKlpq]

๐—ฆ๐—น๐—ถ๐—ฑ๐—ฒ ๐Ÿญ๐Ÿฌ: ๐Ÿ—๏ธ ๐—–๐—ผ๐—ป๐˜€๐˜๐—ฟ๐˜‚๐—ฐ๐˜๐—ถ๐—ผ๐—ป ๐—œ๐—ป๐—ฑ๐˜‚๐˜€๐˜๐—ฟ๐˜† ๐—จ๐—ฝ๐—ฑ๐—ฎ๐˜๐—ฒ A. ACC blocks (with >50% fly ash) โ†’ 12% GST B. Plan budgets accordingly for infrastructure projects. [img:dlqEp41ry]

๐—ฆ๐—น๐—ถ๐—ฑ๐—ฒ ๐Ÿญ๐Ÿญ: ๐Ÿ“ฆ ๐—ฃ๐—ฟ๐—ฒ-๐—ฃ๐—ฎ๐—ฐ๐—ธ๐—ฎ๐—ด๐—ฒ๐—ฑ ๐—š๐—ผ๐—ผ๐—ฑ๐˜€ ๐—ฅ๐—ฒ๐—ฑ๐—ฒ๐—ณ๐—ถ๐—ป๐—ฒ๐—ฑ A. Applies to goods โ‰ค 25kg/litre B. Impacts GST classificationโ€”check your labels. [img:TdyoU-dIG]

๐Ÿ’ก ๐—ง๐—ต๐—ฒ๐˜€๐—ฒ ๐—ฐ๐—ต๐—ฎ๐—ป๐—ด๐—ฒ๐˜€ ๐—ฎ๐—ถ๐—บ ๐—ณ๐—ผ๐—ฟ ๐—ฐ๐—น๐—ฎ๐—ฟ๐—ถ๐˜๐˜†, ๐—ฐ๐—ผ๐—บ๐—ฝ๐—น๐—ถ๐—ฎ๐—ป๐—ฐ๐—ฒ & ๐˜€๐—ฒ๐—ฐ๐˜‚๐—ฟ๐—ถ๐˜๐˜†. ๐—•๐˜‚๐˜€๐—ถ๐—ป๐—ฒ๐˜€๐˜€๐—ฒ๐˜€โ€”๐—ด๐—ฒ๐—ฎ๐—ฟ ๐˜‚๐—ฝ ๐—ณ๐—ผ๐—ฟ ๐—”๐—ฝ๐—ฟ๐—ถ๐—น ๐Ÿญ, ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฑ. [img:3c2H_7da-]