@abhishekrajaram's Latest Twitter Threads

📢 Big News! 🇮🇳 India's Goods and Services Tax (GST) is getting a major makeover in 2023! 🚀 Brace yourselves for some exciting changes that will revolutionize the way we do business. 💼

A workable solution: Sharp rate hikes not inevitable to bridge GST revenue gaps

GST net widens for real estate firms The Directorate General of GST Intelligence (DGGI) is understood to be sending notices to various real estate companies, demanding that GST be paid for a clutch of transactions among group companies or joint venture partners.

Biggest #BreakingNews In a Landmark Judgment by Delhi High Court ruled that Tax Research Unit #TRU does not have the statutory power to issue Circular, Clarification or Directive under section 168 of CGST Act Association of Technical Manufacturers and Processors vs Union of India

Experts call for review of faceless tax audit scheme

📢 Big relief for biz community! 💼💪 📈 The government may raise GST prosecution threshold to Rs 3 crore!! 📈

😱 #Shocking: 19-year-old boy fakes his identity to evade GST in Surat Amroli police have booked a 19-year-old boy, Sahil Dilip Sidpara, for faking his identity as Janak Dobariya (25) to evade GST payment from his business as a sari trader.

GSTN issues Advisory on Procedures and Provisions Related to GST Appeal Amnesty Scheme The Goods and Service Tax Network (GSTN) issued an advisory on the procedures and provisions related to the GST appeal amnesty scheme on 10th November 2023.

Induction furnace body seeks govt protection against rising GST notices. I think every Industry will need to raise this issue.

Over 100,000 small and mid-sized firms flout GST e-invoicing rules Over 100,000 MSME's are non-compliant with e-invoicing norms under the goods and services tax (GST) regime, a mandatory requirement for businesses with an annual turnover of over Rs 5 crore.