@abhishekrajaram's Latest Twitter Threads

Does the Government plan to remove all Exemptions and Concessional Rates in GST? This has been the talk of the town since the CBIC Chief gave the statement that, "GST exemptions disrupt input tax credit chain, will complex GST"

Consumers paying “far less” tax than pre-GST regime: Finance Minister Nirmala Sitharaman

Assessee is entitled to claim input tax credit of full amount of tax paid towards purchase of raw Rice Bran. Supreme Court in Modi Natural Ltd vs Commissioner of Commercial Tax (06-Nov-23).

Moorthy seeks exemption from GST for rice bags Minister for Registration and Commercial Taxes P Moorthy demanded the central government to exempt GST for rice bags. “Poor people have been burdened because of the GST levied on rice up to 25 kg, which is commonly bought by all.

The Finance Ministry is keen on bringing all businesses under GST net Finance Minister Nirmala Sitharaman on Tuesday said the Finance Ministry’s focus is not only on increasing GST revenue but also on bringing all businesses under its ambit.

Govt likely to review, streamline GST, indirect tax processes in Nov The government is likely to hold a series of meetings in November to review, and streamline processes in indirect taxation, including the GST, a senior government official said.

Upload GST bills on govt portal, stand chance to win a lucky draw Monthly draws will offer 800 rewards of Rs 10,000 and two rewards of Rs10 lakh each. Winners of the quarterly draws will receive a prize amount of Rs 1 crore each, the spokesperson said.

Amnesty scheme to benefit over 2k GST payers in MP The amnesty scheme launched by the Centre is likely to benefit more than 2000 GST payers of Madhya Pradesh by offering an additional window for filing appeals.

Business and tax consultants are demanding revised GST returns Prominent business and tax consultant associations in the city as well as the state have united in demanding filing of revised GST returns.

Refund of unutilised ITC is permissible even if there are multiple inputs and output supplies: Rajasthan High Court in Nahar Industrial Enterprises Ltd. vs. Union of India (31-Oct-2023)