@abhishekrajaram's Latest X Threads

Every year, the occasion of National Lazy Day is observed on August 10 to mark the celebration of doing nothing at all. We all have experienced moments when we just do not want to do anything and relaxation is all that our body demands. Hope you all have relaxed today.

Demystifying legalese: 'Notice' Vs 'Show Cause Notice'. A 'Notice', essentially, is a formal communication to bring certain things to your attention. It's like a heads-up, clearing fog around initial processes.

Caught in a tax whirlwind! ICICI Lombard slapped with astronomical GST demand. Here's the scoop... On August 8, 2023, ICICI Lombard General Insurance received a show-cause notice from the Directorate General of GST Intelligence (DGGI) demanding Rs 273 crore in taxes.

The Goa legislative assembly passed the Goa Goods and Service Tax (Amendment) Bill, 2023, which allows the state to establish a tribunal to settle GST disputes.

📈14K appeals, no GST appellate body in sight. An untold saga for taxpayers. 💼 📅 Ahead of the much-awaited formation of the GST Appellate Tribunals, the number of pending appeals from taxpayers over central GST levies has spiked sharply 📈 to over 14,000

Allahabad High Court granted bail to accused of ITC fraud as there were no reasons recorded on records on ‘necessity to arrest’. Ashish Kakkar v. Union of India - [2023] 153 taxmanncom 235 (Allahabad)

Person Liable to Pay Tax in Case of Supplies Made by Electronic Commerce Operator (ECO) in Indian GST Scenario based on Location of ECO. Note: This post does not cover all scenarios. Actual taxability might also vary based on [img:frszqd4Ch] the kind of supplies.

💼 Ready to redefine digital taxation? Punjab leaps forward! 🏃💨 Take a look at what's in the pipeline to bolster tax administration using cutting-edge tech. 📡💻

GST amendment in West Bengal - a lifeline for MSMEs? West Bengal GST Amendment Bill, 2023 was tabled in the West Bengal Assembly on August 4, 2023. The bill proposes to levy a 28% GST on online gaming, casino, and horse racing.

No plans to eliminate milk and milk products from GST net, says Union Minister Pankaj Chaudhary The GST rates on milk and milk products are as follows: ✅Fresh milk and pasteurized milk are exempt from GST.