@abhishekrajaram's Latest X Threads

[img:LJsQpojmN] Statewise GST Composition Registered Taxpayers. Uttar Pradesh has the highest number of Composition Dealers (21.30%). Rajasthan and Maharashtra are No. 2 and No. 3

Interim relief of de-freezing the bank account after depositing the first installment of disputed tax The Hon’ble Madras High Court in M/s. N.S. Rathinam and Sons Pvt. Ltd. v. the Commissioner of CGST & CE [WP(MD) No.18576 of 2023 dated August 01, 2023]

Venturing into the vast expanse of knowledge is ceaseless, even as a certified CA. You'll grapple with internal audits, IndAS, GST, Income tax, TDS. But amidst all, humility, patience, and leadership skills remain priceless. They shape your character and demand daily cultivation.

⚖️Retrospective cancellation of registration without a valid reason is an arbitrary exercise of power. 💼Delhi High Court in Ashish Garg Proprietor Shri Radhey Traders vs Assistant Commissioner of State Goods and Services Tax 📜[W.P.(C) 6652 of 2023, dated 20-Jul-2023]

Deposits under Protest adjust as Pre-Deposits for Appeal U/s 107. Can't deny Appeal Remedy - a substantive provision - over technicality. As per Bombay HC in Vinod Metal vs Maharashtra. [WP (L) #17026/2023 , 18.07.23]

💡Proposal by the Union Ministry of Power to recommend a GST cut on hydro project components! They're looking at a tax cut on essentials like turbines🌪️, steel⛓️, and cement🧱. At the moment, they're taxed at 18% and 28%!

The recent ruling by the Karnataka Authority for Advance Ruling (AAR) has stated that incentives in the form of gold, other assets, or even gift hampers may attract GST under the Goods and Services Tax (GST) regime.

🏧 ATM Management Service to Banks = 💯 Pure Services! No VAT Payable 🚫💸. Karnataka High Court Quashes Re-assessment 📝⚖️. FIS Payment Solutions And Services India Private Limited vs The State of Karnataka. 👀👏

⚖️ Delhi High Court held: GST Act Section 67(2) can't authorize 💵 seizure during searches. 👤 Rajeev Chhatwal vs 👩‍💼 Commissioner Of Goods And Services Tax (East)

🛑DGGI can't be stopped⛔ from taking intelligence-based enforcement action🕵️ when another authority is investigating🔍: Delhi High Court. Case in point: Hanuman Enterprises Pvt. Ltd. vs The Additional Director General Directorate General Of GST📅14-Aug-2023🏛️