@abhishekrajaram's Latest X Threads

Kerala’s Finance Minister K. N. Balagopal slams Centre for GST cut Finance Minister K. N. Balagopal has said the Union government has deducted Rs 332 crore from Kerala’s IGST share in November.

🚫 Madras High Court denies intervention in GST Registration cancellation case due to alleged involvement in bogus billing. #GSTCancellation 🧾💼💔 TVL. ISHAGNI ENTERPRISES INDIA PVT LTD Vs THE ASSISTANT COMMISSIONER (ST), CHENNAI (10-Nov-2023)

Maharashtra GST department slaps tax notices on custodians to FPIs The Maharashtra Goods and Services Tax (GST) department has sent notices to several banks on the taxability of custodial services provided by them to foreign portfolio investors (FPIs), said people in the know.

𝗧𝗛𝗘 𝗔𝗥𝗘 𝗢𝗙 𝗗𝗥𝗔𝗙𝗧𝗜𝗡𝗚 𝗥𝗘𝗣𝗟𝗬 𝗧𝗢 𝗡𝗢𝗧𝗜𝗖𝗘𝗦 𝗢𝗥/𝗔𝗡𝗗 𝗔𝗣𝗣𝗘𝗔𝗟𝗦..!! (𝗣𝗮𝗿𝘁-𝟭 𝗼𝗳 𝟯) Assessments of taxes such as Income Tax or Sales Tax, or GST are passed like a Civil Case, and therefore such Assessment Orders are Quasi-Judicial.

Can Bank Account be Freezed U/s 83 on the basis of Statement given in pursuant to Summons U/s without Determination/Adjudication of Tax? Petitioner challenged the Bank Account attachment and directing the Bank to pay the same forthwith to the Government.

Clarify GST on NBFCs’ co-lending, FIDC asks CBIC

Punjab gets Rs.3,670 cr GST compensation after it lodged new claim with Centre: Punjab Finance Minister Harpal Singh Cheema

Supermarket chain Fair Price Group to absorb GST hike for 500 essential items in first six months of 2024

GST regime is moving from uncertainty to certainty. These high pitch notices are merely teething problems. ~ Union Finance Minister Nirmala Sitharaman

TANGEDCO developing software to attach GST number of low tension consumers to take input credit for the tax paid