@abhishekrajaram's Latest X Threads

Is the ed-tech sector under scrutiny? GST officials visit upGrad's office. The government's crackdown on tax evasion is putting the ed-tech sector under scrutiny. GST officials recently visited the office of upGrad, a leading ed-tech startup.

Gold in any form fails to pass the test of ‘second-hand goods’; Rule 32(5) [deduction in GST liability] is not allowed. - Kerala AAR in re, Best Money Gold Jewellery Limited

Sales Tax Bar Association (Regd.) has submitted Representations to the Hon'ble FM of India and The Chairman, CBDT regarding extend due date for submission of Income Tax Returns under the Income Tax Act. [img:wpavhU-_H]

GST Is A Complete Code in Itself, use of Fake Invoices is Punishable Offence”: Jharkhand HC refuses to quash FIR against Rs.133 Crore GST Evasion in Anupam Kumar Pathak vs The State of Jharkhand [W.P. (Cr.) No. 141 of 2022, 08-Jul-2023]

Shoe traders in Agra stage protest over Centre's ISI mark mandate

The GST Council is unlikely to review 28% tax on real money games. #GST #GSTCouncil #onlinegaming #tax #regulation

The CBIC has issued a number of clarifications on the GST treatment of various transactions, including the holding of shares of subsidiary companies by holding companies.

GST Council is unlikely to review 28% tax on real money games!!

Free replacement of parts of goods under warranty does not attract GST but the tax would be payable if customers are charged for new parts clarifies CBIC.

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.