@abhishekrajaram's Latest X Threads

𝗖𝗘𝗦𝗧𝗔𝗧 𝗡𝗲𝘄 𝗗𝗲𝗹𝗵𝗶 𝗥𝘂𝗹𝗶𝗻𝗴 𝗼𝗻 𝗡𝗼𝗻-𝗠𝗼𝗻𝗲𝘁𝗮𝗿𝘆 𝗖𝗼𝗻𝘀𝗶𝗱𝗲𝗿𝗮𝘁𝗶𝗼𝗻 📢 𝗧𝗵𝗲 𝗧𝗿𝗶𝗯𝘂𝗻𝗮𝗹 𝗵𝗲𝗹𝗱: "No service tax is leviable on non-monetary consideration, such as free accommodation, medical facilities, vehicle and telephone insurance, and stationery."

𝗖𝗘𝗦𝗧𝗔𝗧 𝗠𝘂𝗺𝗯𝗮𝗶 𝗥𝘂𝗹𝗶𝗻𝗴 𝗼𝗻 𝗥𝗲𝗷𝗲𝗰𝘁𝗶𝗼𝗻 𝗼𝗳 𝗖𝗘𝗡𝗩𝗔𝗧 𝗥𝗲𝗳𝘂𝗻𝗱 📢 𝗧𝗵𝗲 𝗧𝗿𝗶𝗯𝘂𝗻𝗮𝗹 𝗵𝗲𝗹𝗱: "A deficiency memo that does not invoke specific provisions of the CENVAT Credit Rules, such as Rule 14, cannot be treated as a show-cause notice. Refund denial based on such a memo is unsustainable."

𝗖𝗘𝗦𝗧𝗔𝗧 𝗠𝘂𝗺𝗯𝗮𝗶 𝗥𝘂𝗹𝗶𝗻𝗴 𝗼𝗻 𝗥𝗲𝗳𝘂𝗻𝗱 𝗳𝗼𝗿 𝗘𝘅𝗽𝗼𝗿𝘁 𝗼𝗳 𝗦𝗲𝗿𝘃𝗶𝗰𝗲𝘀 📢 𝗧𝗵𝗲 𝗧𝗿𝗶𝗯𝘂𝗻𝗮𝗹 𝗵𝗲𝗹𝗱: "Export of services must comply with Export of Service Rules to qualify for refund benefits. As the invoice was raised on 30.06.2012, the service was exported within the notification period, making the refund claim valid."

𝗖𝗘𝗦𝗧𝗔𝗧 𝗔𝗵𝗺𝗲𝗱𝗮𝗯𝗮𝗱 𝗥𝘂𝗹𝗶𝗻𝗴 𝗼𝗻 𝗦𝗲𝗿𝘃𝗶𝗰𝗲 𝗧𝗮𝘅 𝗼𝗻 𝗜𝗣𝗟 𝗖𝗿𝗶𝗰𝗸𝗲𝘁𝗲𝗿𝘀 📢 𝗧𝗵𝗲 𝗧𝗿𝗶𝗯𝘂𝗻𝗮𝗹 𝗵𝗲𝗹𝗱: "Remuneration received by cricketers for playing IPL matches is not taxable under Business Auxiliary Services as it constitutes an employment arrangement. However, payments for direct brand promotion activities are taxable."

𝗞𝗲𝘆 𝗗𝗲𝘁𝗮𝗶𝗹𝘀 𝗳𝗿𝗼𝗺 𝗡𝗼𝘁𝗶𝗳𝗶𝗰𝗮𝘁𝗶𝗼𝗻 𝗡𝗼. 𝟯𝟬/𝟮𝟬𝟮𝟰 – 𝗖𝗲𝗻𝘁𝗿𝗮𝗹 𝗧𝗮𝘅 📜 𝗡𝗼𝘁𝗶𝗳𝗶𝗰𝗮𝘁𝗶𝗼𝗻 𝗦𝘂𝗺𝗺𝗮𝗿𝘆: The due date for furnishing FORM GSTR-3B for October 2024 has been extended until 11th December 2024. This extension applies exclusively to registered persons whose principal place of business is in Murshidabad, West Bengal.

𝗖𝗘𝗦𝗧𝗔𝗧 𝗔𝗵𝗺𝗲𝗱𝗮𝗯𝗮𝗱 𝗥𝘂𝗹𝗶𝗻𝗴 𝗼𝗻 𝗦𝗲𝗿𝘃𝗶𝗰𝗲 𝗧𝗮𝘅 𝗼𝗻 𝗛𝗮𝗶𝗿 𝗧𝗿𝗮𝗻𝘀𝗽𝗹𝗮𝗻𝘁 𝗦𝗲𝗿𝘃𝗶𝗰𝗲𝘀 📢 𝗧𝗵𝗲 𝗧𝗿𝗶𝗯𝘂𝗻𝗮𝗹 𝗵𝗲𝗹𝗱: "Hair Transplant is a cosmetic surgery aimed at enhancing physical appearance and is subject to service tax under 'Cosmetic and Plastic Surgery Services.'"

𝗖𝗘𝗦𝗧𝗔𝗧 𝗔𝗵𝗺𝗲𝗱𝗮𝗯𝗮𝗱 𝗥𝘂𝗹𝗶𝗻𝗴 𝗼𝗻 𝗦𝗲𝗿𝘃𝗶𝗰𝗲 𝗧𝗮𝘅 𝗮𝗻𝗱 𝗩𝗔𝗧 𝗼𝗻 𝗖𝗼𝗺𝗽𝗼𝘀𝗶𝘁𝗲 𝗖𝗼𝗻𝘁𝗿𝗮𝗰𝘁𝘀 📢 𝗧𝗵𝗲 𝗧𝗿𝗶𝗯𝘂𝗻𝗮𝗹 𝗵𝗲𝗹𝗱: "Service tax cannot be levied on the value of goods supplied under a composite contract if VAT/CST has been paid on the transfer of property in goods."

𝗖𝗘𝗦𝗧𝗔𝗧 𝗔𝗵𝗺𝗲𝗱𝗮𝗯𝗮𝗱 𝗥𝘂𝗹𝗶𝗻𝗴 𝗼𝗻 𝗦𝗮𝗹𝗲𝘀 𝗣𝗿𝗼𝗺𝗼𝘁𝗶𝗼𝗻 𝗦𝗲𝗿𝘃𝗶𝗰𝗲𝘀 𝗮𝗻𝗱 𝗘𝘅𝗽𝗼𝗿𝘁 𝗢𝗳 𝗦𝗲𝗿𝘃𝗶𝗰𝗲𝘀 📢 𝗧𝗵𝗲 𝗧𝗿𝗶𝗯𝘂𝗻𝗮𝗹 𝗵𝗲𝗹𝗱: "Sales promotion and marketing services provided to recipients outside India qualify as export under the Export of Service Rules. Exemption cannot be denied for procedural lapses."

𝗖𝗘𝗦𝗧𝗔𝗧 𝗔𝗵𝗺𝗲𝗱𝗮𝗯𝗮𝗱 𝗥𝘂𝗹𝗶𝗻𝗴 𝗼𝗻 𝗖𝗼𝗻𝘀𝘁𝗿𝘂𝗰𝘁𝗶𝗼𝗻 𝗦𝗲𝗿𝘃𝗶𝗰𝗲𝘀 𝗨𝗻𝗱𝗲𝗿 𝗝𝗡𝗡𝗨𝗥𝗠 𝗦𝗰𝗵𝗲𝗺𝗲 📢 𝗧𝗵𝗲 𝗧𝗿𝗶𝗯𝘂𝗻𝗮𝗹 𝗵𝗲𝗹𝗱: "Construction services provided to Surat Municipal Corporation under JNNURM and Gujarat State Police Housing Corporation Ltd. are not liable for service tax."

#BreakingNews Provisions of section 74 cannot be invoked for GST return mismatch in the absence of fraud, wilful misstatement or suppression: Delhi High Court in Xiaomi Technology India Pvt. Ltd. (29-Oct-2024)