@abhishekrajaram's Latest X Threads

My Experience: 📌Don't file GSTR-9 for cases where turnover is less than Rs. 2 Crores as it is optional. This will reduce the chances of notice for mismatch between GSTR-1 and GSTR-3B with GSTR-9. 🔍 Every notice avoided is huge saving. 💰

🔥 Attention Tax Professionals 🔥 Want to Save Tax for your clients from High Pitch Demands? 💼 Here's a unique tip: 📌 Utilize the latest case laws to support your arguments! 🧠💡 Stay informed and stay ahead in the game! Follow me, it cost Rs. 0 #TaxTips #KnowledgeIsPower

Is your Supplier/Vendor paying their taxes on time? Don't risk losing out on GST credit! Department will not shy in issuing Notice on non-payment by the Supplier. Stay informed and make sure they are making timely payments to the Government. #GST #TaxCompliance

GST Evasion Prosecution Does Not Depend Upon Completion Of Assessment: Kerala High Court The Kerala High Court has held that prosecution for offences under Section 132 of the CGST Act does not depend upon the completion of the assessment.

Bill brings setting up of GST Tribunals a step closer The Central Goods and Services Tax (Second Amendment) Bill, 2023 aims to raise the previous age limits of 67 and 65 years to 70 years for the president and members of the GST appellate tribunals (GSTAT).

Number of GST return filers up 65% to 1.13 crore in five years The Finance Ministry said that the number of GST return filers rose by about 65% to 1.13 crore in 5 years till April 2023.

𝗦𝘄𝗲𝗲𝘁 𝘁𝗿𝗮𝗱𝗲𝗿𝘀 𝗮𝗽𝗽𝗲𝗮𝗹 𝗳𝗼𝗿 𝘂𝗻𝗶𝗳𝗼𝗿𝗺 𝗚𝗦𝗧 Sweet traders have sought the Bengal government’s intervention to mitigate the issue of unequal GST on packaged sweet and namkeen (snacks) products.

GST rates’ rationalization is back on the table Group of ministers on rates’ simplification under GST Council reconstituted after months of dithering.

Bombay Hiogh Court directed GST authorities to permit petitioner to rectify Form GSTR-1 either through online or manual mode.

Another Casualty Of 28% GST. MPL-Backed Striker To Shut Operations. The gaming platform is winding up its operations, Moneycontrol reported citing sources. However, there was no clarity on the timeline for the shut down and what will happen to the company’s existing employees.