@abhishekrajaram's Latest X Threads

🚨 Business Update: The GST authorities in Faridabad have issued Escorts Kubota Limited a penalty of ₹22.95 lakh plus interest for a delay in IGST payment.

𝗖𝗘𝗦𝗧𝗔𝗧 𝗕𝗮𝗻𝗴𝗮𝗹𝗼𝗿𝗲 𝗥𝘂𝗹𝗶𝗻𝗴 𝗼𝗻 𝗦𝗲𝗿𝘃𝗶𝗰𝗲 𝗧𝗮𝘅 𝗜𝗻𝘁𝗲𝗿𝗲𝘀𝘁 𝗳𝗼𝗿 𝗖𝗘𝗡𝗩𝗔𝗧 𝗖𝗿𝗲𝗱𝗶𝘁 𝗥𝗲𝘃𝗲𝗿𝘀𝗮𝗹 📢 𝗧𝗵𝗲 𝗯𝗲𝗻𝗰𝗵 𝗼𝗳 𝗖𝗘𝗦𝗧𝗔𝗧 𝗕𝗮𝗻𝗴𝗮𝗹𝗼𝗿𝗲 𝗿𝘂𝗹𝗲𝗱: Interest is payable on reversed credit, even before show-cause notice.

Cooperation With Investigation Doesn't Mean Accused Should Confess To Crime. Supreme Court in Tusharbhai Rajnikant Shah vs State of Gujarat We need to keep this in our mind and guide our clients when they appear for summons U/s 70 in GST.

Precedents keep the law predictable and so more or less ascertainable. —Lord Devlin

Purchasing Dealer cannot be punished for act of Selling Dealer U/s 16(2)(c) of GST Laws Steps to download the Handbook 1) Follow me or else DM will not work 2) Tag any of your friend whom you feel should also follow me 3) Check your DM & download 4) Bonus: Join Litigation Group [img:bqCNHwMl7]

Cancellation of GST registration without following proper procedure and assigning reasons is invalid: Allahabad High Court. Sunil Kumar Singh v. State of U.P. - [2024] 165 taxmann com 430 (Allahabad)

𝗖𝗘𝗦𝗧𝗔𝗧 𝗞𝗼𝗹𝗸𝗮𝘁𝗮 𝗥𝘂𝗹𝗶𝗻𝗴 𝗼𝗻 𝗦𝗲𝗿𝘃𝗶𝗰𝗲 𝗧𝗮𝘅 𝗔𝗱𝗷𝘂𝘀𝘁𝗺𝗲𝗻𝘁 📢 𝗧𝗵𝗲 𝗯𝗲𝗻𝗰𝗵 𝗼𝗳 𝗖𝗘𝗦𝗧𝗔𝗧 𝗞𝗼𝗹𝗸𝗮𝘁𝗮 𝗿𝘂𝗹𝗲𝗱: The appellant, Tata Steel Downstream, can adjust service tax liability on later invoices; appeal allowed, order set aside.

🚨 Controversy in Education: GST on Research Grants? 🎓 The Indian Institute of Technology-Delhi (IIT-D) is at the center of a heated debate after receiving a demand for Rs 120 crore in GST on research grants. 📊

📢 𝗕𝗶𝗴 𝗡𝗲𝘄𝘀 𝗳𝗼𝗿 𝗗𝗶𝗴𝗶𝘁𝗮𝗹 𝗡𝗲𝘄𝘀 𝗥𝗲𝗮𝗱𝗲𝗿𝘀! 📰 The Ministry of Information and Broadcasting (I&B) is advocating for a significant reduction in GST for digital news subscriptions. 📉 [img:rE0sEX5z2]

Celebrate Independence Day with me by challenging S.74. Download Draft Reply (Word) + PPT with 150+ case laws. To receive both files: 1) Follow me, Else DM will not work 2) Reply to this tweet 3) Check DM 4) Follow steps to download file 5) Bonus: Join GST Litigation Group [img:CQMBith9w]