@abhishekrajaram's Latest X Threads

Experts call for review of faceless tax audit scheme

📢 Big relief for biz community! 💼💪 📈 The government may raise GST prosecution threshold to Rs 3 crore!! 📈

😱 #Shocking: 19-year-old boy fakes his identity to evade GST in Surat Amroli police have booked a 19-year-old boy, Sahil Dilip Sidpara, for faking his identity as Janak Dobariya (25) to evade GST payment from his business as a sari trader.

GSTN issues Advisory on Procedures and Provisions Related to GST Appeal Amnesty Scheme The Goods and Service Tax Network (GSTN) issued an advisory on the procedures and provisions related to the GST appeal amnesty scheme on 10th November 2023.

Induction furnace body seeks govt protection against rising GST notices. I think every Industry will need to raise this issue.

Over 100,000 small and mid-sized firms flout GST e-invoicing rules Over 100,000 MSME's are non-compliant with e-invoicing norms under the goods and services tax (GST) regime, a mandatory requirement for businesses with an annual turnover of over Rs 5 crore.

Does the Government plan to remove all Exemptions and Concessional Rates in GST? This has been the talk of the town since the CBIC Chief gave the statement that, "GST exemptions disrupt input tax credit chain, will complex GST"

Consumers paying “far less” tax than pre-GST regime: Finance Minister Nirmala Sitharaman

Assessee is entitled to claim input tax credit of full amount of tax paid towards purchase of raw Rice Bran. Supreme Court in Modi Natural Ltd vs Commissioner of Commercial Tax (06-Nov-23).

Moorthy seeks exemption from GST for rice bags Minister for Registration and Commercial Taxes P Moorthy demanded the central government to exempt GST for rice bags. “Poor people have been burdened because of the GST levied on rice up to 25 kg, which is commonly bought by all.