@abhishekrajaram's Latest X Threads

Tomorrow's (28-May-2024) Due Date: GSTR-11 for the m/o Apr 2024 Statement of inward supplies by persons having Unique Identification Number (UIN)).

India's GST Revenue Hits New High: Can This Momentum Be Sustained? In a remarkable milestone, India's Goods and Services Tax (GST) revenue has reached a historic high.

Today's Due Date: PMT-06 Monthly tax payment for Apr 2024 under QRMP Scheme [Rule 61(1)(ii) - Proviso to Section 39(7)].

🚀 Major Rejig of Customs Duty and GST on the Horizon! 🌐 Exciting news from the Indian tax landscape! The government is taking significant steps to address the inverted duty structure that has been distorting trade and impacting our manufacturing competitiveness.

🌿 Boosting Renewable Energy: IEEFA & JMK Research Call for GST Cuts on Hydropower and Wind Projects 🌿

Key Indigents of Section 74 Please bookmark/save this long, exclusive post for Twitter. 𝗙𝗿𝗮𝘂𝗱: A knowing misinterpretation of the Truth. It could also be Concealment of a material fact to induce another to act to his detriment.

Ice Cream and GST: A Call for Fairness As the Indian Ice-Cream Manufacturers’ Association eagerly awaits the post-election period, there’s a collective hope stirring within the industry. 🍦

The online gaming industry in India has been a topic of much discussion lately, especially concerning the 28% GST that it currently attracts. Despite the industry’s concerns, the GST Council is unlikely to reverse this rate. 🎮💼

Action taken against buyer for reversal of ITC without taking any action against seller is arbitrary: Calcutta High Court in Lokenath Cosntruction Pvt. Ltd. (02-May-2024)

📣 Attention all pan masala and gutkha manufacturers! 🏭 The GST portal has launched a new form for registering your machines. 🖥️ This is part of the government’s measures to reduce evasion in this sector. 💰