@abhishekrajaram's Latest Twitter Threads

𝗖𝗘𝗦𝗧𝗔𝗧 𝗡𝗲𝘄 𝗗𝗲𝗹𝗵𝗶 𝗥𝘂𝗹𝗶𝗻𝗴 𝗼𝗻 𝗪𝗼𝗿𝗸𝘀 𝗖𝗼𝗻𝘁𝗿𝗮𝗰𝘁 𝗦𝗲𝗿𝘃𝗶𝗰𝗲 𝗮𝗻𝗱 𝗧𝗮𝘅 𝗟𝗶𝗮𝗯𝗶𝗹𝗶𝘁𝘆 📢 The Tribunal held: "The activity involves both goods (wooden crates) and services (packing), qualifying as Works Contract Service, eligible for abatement under Notification No. 30/2012. Charging service tax on both parties would result in double taxation."

𝗖𝗘𝗦𝗧𝗔𝗧 𝗔𝗹𝗹𝗮𝗵𝗮𝗯𝗮𝗱 𝗥𝘂𝗹𝗶𝗻𝗴 𝗼𝗻 𝗖𝗘𝗡𝗩𝗔𝗧 𝗖𝗿𝗲𝗱𝗶𝘁 𝗮𝗻𝗱 𝗥𝗲𝗳𝘂𝗻𝗱 𝗣𝗿𝗼𝗰𝗲𝗲𝗱𝗶𝗻𝗴𝘀 📢 The Tribunal held: "CENVAT credit cannot be denied during refund proceedings without initiating proceedings under Rule 14 of the CENVAT Credit Rules, and a cash refund is allowed under Section 142 of the CGST Act."

📰 𝗝𝗵𝗮𝗿𝗸𝗵𝗮𝗻𝗱 𝗛𝗶𝗴𝗵 𝗖𝗼𝘂𝗿𝘁 𝗥𝘂𝗹𝗶𝗻𝗴: 𝗖𝗿𝗶𝗺𝗶𝗻𝗮𝗹 𝗣𝗿𝗼𝘀𝗲𝗰𝘂𝘁𝗶𝗼𝗻 𝗤𝘂𝗮𝘀𝗵𝗲𝗱 𝗢𝘃𝗲𝗿 𝗗𝗲𝗹𝗮𝘆𝗲𝗱 𝗧𝗮𝘅 𝗙𝗶𝗹𝗶𝗻𝗴 𝗗𝘂𝗲 𝘁𝗼 𝗛𝗲𝗮𝗹𝘁𝗵 𝗜𝘀𝘀𝘂𝗲𝘀

📰 Bombay High Court Slams Tax Authorities: Illegal Debit of INR 62,32,400 Without Consent

📰 𝗧𝗿𝗶𝗽𝘂𝗿𝗮 𝗛𝗶𝗴𝗵 𝗖𝗼𝘂𝗿𝘁 𝗦𝘁𝗲𝗽𝘀 𝗜𝗻: 𝗚𝗦𝗧 𝗥𝗲𝗴𝗶𝘀𝘁𝗿𝗮𝘁𝗶𝗼𝗻 𝗦𝘂𝘀𝗽𝗲𝗻𝘀𝗶𝗼𝗻 𝗨𝗻𝗱𝗲𝗿 𝗙𝗶𝗿𝗲!

📰 𝗖𝗮𝗹𝗰𝘂𝘁𝘁𝗮 𝗛𝗶𝗴𝗵 𝗖𝗼𝘂𝗿𝘁 𝗥𝘂𝗹𝗶𝗻𝗴: 𝗡𝗼 𝗣𝗲𝗻𝗮𝗹𝘁𝘆 𝗳𝗼𝗿 𝗘-𝘄𝗮𝘆 𝗕𝗶𝗹𝗹 𝗘𝘅𝗽𝗶𝗿𝘆 𝗶𝗻 𝗔𝗯𝘀𝗲𝗻𝗰𝗲 𝗼𝗳 𝗧𝗮𝘅 𝗘𝘃𝗮𝘀𝗶𝗼𝗻

🍦💸 Softy Ice Cream Shocker! 😲 Higher GST on Your Favorite Frozen Treat 💸🍦 Bad news, ice cream lovers! 😥 A recent ruling by the GST Authority for Advance Rulings (AAR) in Rajasthan has declared that softy ice cream mix will now attract a higher GST rate of 18%. Why? Because it's mainly made of sugar, not milk! 🤯

🛍️💸 GST Shake-Up: Good News for Your Wallet? 🤔 The Goods and Services Tax (GST) could be in for a major overhaul, and it might just mean more money in your pocket! 🤑

𝗖𝗘𝗦𝗧𝗔𝗧 𝗞𝗼𝗹𝗸𝗮𝘁𝗮 𝗥𝘂𝗹𝗶𝗻𝗴 𝗼𝗻 𝗦𝗲𝗿𝘃𝗶𝗰𝗲 𝗧𝗮𝘅 𝗼𝗻 𝗠𝗮𝗶𝗻𝘁𝗲𝗻𝗮𝗻𝗰𝗲 𝗮𝗻𝗱 𝗥𝗲𝗽𝗮𝗶𝗿 𝗦𝗲𝗿𝘃𝗶𝗰𝗲𝘀 𝗳𝗼𝗿 𝗡𝗲𝗽𝗮𝗹𝗶 𝗖𝗹𝗶𝗲𝗻𝘁𝘀 📢 The Tribunal held: "Services provided to Nepal cannot be treated as export if proceeds are not received in Convertible Foreign Exchange. The benefit of cum-tax should be granted as the service tax was not separately collected, and penalties are set aside."

𝗖𝗘𝗦𝗧𝗔𝗧 𝗔𝗹𝗹𝗮𝗵𝗮𝗯𝗮𝗱 𝗥𝘂𝗹𝗶𝗻𝗴 𝗼𝗻 𝗦𝗲𝗿𝘃𝗶𝗰𝗲 𝗧𝗮𝘅 𝗼𝗻 𝗦𝘂𝗽𝗽𝗹𝘆 𝗼𝗳 𝗗𝗶𝗲𝘀𝗲𝗹 📢 The Tribunal held: "Even if diesel is supplied free of cost by the service recipient, no service tax can be levied, as diesel is not considered an input for providing the service."