@abhishekrajaram's Latest X Threads

The mobile wings of the tax department inspected 12 furnaces and impounded 60 vehicles during a surprise check at Mandi Gobindgarh on Monday. The special drive to detect GST evasion in the iron and steel industry has been going on for some time now.

Section 67(2) does not authorize the GST Department to seize Cash. Delhi High Court Orders return of seized cash Rs. 15,92,000/- along with Interest in Rajeev Chhatwal vs Commissioner of GST (East) [W.P.(C)5880/2021 dated 24-Aug-2023]

ITC: Ek Katha ITC as per books of accounts ITC as per GSTR-2A ITC as per GSTR-2B ITC as per GSTR-3B Result: Mismatch in ITC Action: ITC Blocked Share if you Agree.

Supreme Court Issues Notice On Pleas Challenging Arrest (S.69) & Summoning Powers (S.70) Of GST Officials on 25-Aug-2023

Gujarat High Court nullifies order. Registration cancellation of petitioner passed sans justification. The show cause notice that was provided to the petitioner was not clear and cryptic. Sohilbhai Sddiqbhai Aadmani vs Superintendent of CGST (28-07-2023)

Petroleum dealers press for GST tax regime Petroleum dealers in the State have urged the Central and State governments to switch over to the Goods and Service Tax (GST) or any other uniform tax regime all over the country.

Dharampal Satyapal Group challenges the Power of GST Council classifying "flavoured and coated illaichi" under heading 21:06 and attracting GST at the rate of 18% before Allahabad High Court. It would be interesting to see the outcome of this case as high stakes are involved.

Kick-starting a tax practice in India? 🤔 Watch out for these do's and don'ts! 🔍 1. DO stay updated with the latest tax laws. Taxation is a dynamic field, and it's crucial to keep up with the times. Remember when GST was introduced? It was game-changing! 🔄

Additional Solicitor General of India at the Supreme Court, Balbir Singh, said that the taxation of digital assets was a positive development. He argued that it gave de-facto recognition and legitimacy to digital assets.

Fairness matters. 🤝 Allahabad High Court cancels Rs. 26 lakh demand order, ruling that taking a reply without granting personal hearing goes against natural justice principles. Department's violation of Sec. 75(4) rectified. Justice prevails!