@abhishekrajaram's Latest Twitter Threads

Reserve Bank of India injects Rs 75,000 crore before GST, advance tax payments

E-way bill generation surged to 9.73 crores in February. This is the highest in four months and also the new second-all all-time-high generation. This is expected to have a positive impact on GST collection in March. Feb figures are also important as the month had only 29 days.

Centre grants 50% GST relief to central police canteens, says ex-paramilitary association

𝗣𝗹𝗮𝗻 𝗮𝗳𝗼𝗼𝘁 𝘁𝗼 𝗿𝗲𝗰𝗹𝗮𝘀𝘀𝗶𝗳𝘆 𝗶𝘁𝗲𝗺𝘀 𝗳𝗼𝗿 𝗚𝗦𝗧 𝗰𝗹𝗮𝗿𝗶𝘁𝘆 𝗶𝗻 𝗙𝗠𝗖𝗚 𝘀𝗲𝗰𝘁𝗼𝗿 The Central Board of Indirect taxes and Customs #CBIC is planning to prepare a list of products which end up in litigation purely due to classification issues.

No GST relief until formation of new govt With the delay in the GST Council meeting, several industries awaiting clarifications from the government won’t get immediate relief as the model code of conduct will be coming into force with the poll announcement.

Will revamp GST if Congress comes to power, says Former Union Finance Minister P Chidambaram

Violation of natural justice by Adjudicating Authority cannot be cured by sufficiency of natural justice in appellate authority's proceedings. Principal of natural justice to be followed at all levels of adjudication. Rajasthan High Court in Chandni Crafts vs UOI (17-Jan-2023)

Madhya Pradesh High Court has held that forwarding messages by employees in the private WhatsApp groups do not reflect their personal opinion and does not attract any action by the government.

Apollo Tyres slapped penalty by GST Dept. in UP; plans appeal against the order Tyre manufacturer Apollo Tyres said the company has received a penalty from the Goods and Service Tax (GST) department in Uttar Pradesh.

CBIC working to weed out duplicate notices CBIC has asked its field formations to set up an internal mechanism to weed out duplicate notices to businesses and individuals for offences already being investigated by state goods and services tax authorities.