@abhishekrajaram's Latest Twitter Threads

Decoding the reduced rate of 5% GST on food items in cinema halls The GST rate for food served in restaurants inside a cinema complex is 5%. This is a lower rate than the 18% GST that was previously levied.

The High Court of Jammu, Kashmir, and Ladakh has dismissed the writ opposing the penalty imposed U/s 129(1)(A).

The GST Council's decision to put gaming companies within the 28% tax bracket could have a knock-on impact on the larger fintech and the regulatory tech ecosystem.

The Directorate General of Goods and Services Tax Intelligence (DGGI) seeks tax on corporate guarantees. -> The DGGI has sent tax demand notices to several local corporate houses over corporate guarantees given on behalf of their subsidiaries.

'Missing' custom officials arrested for corruption The two officials, Tariq Mahmood and Yawar Abbas, had been missing for almost a week and were arrested as they tried to travel to Islamabad.

No GST on replacement of parts during warranty period, says council The GST council has spoken on the controversial issue of taxing the replacement of parts and goods or repair services during the warranty period.

The Goods and Services Tax (GST) Council, which is the governing body for GST in India, decided to levy a 28% tax on the full face value of the bets involving online gaming, horse-racing and casinos.

GST hike on SUVs unlikely to put the brakes on auto sales The GST Council, which is the governing body for Goods and Services Tax (GST) in India, decided to revise the tax structure for SUVs in its 50th meeting.

6 years of GST, and they wake up with rates today...!! Linking everything with Nationalism is not good And if care is for Youth, then why 28%? Simply ban it And online games are based on skills; they are not pure luck or gambling

[img:rvRe5G2dn]Life of Tax Professional today. Do you agree?