@abhishekrajaram's Latest X Threads

No denial of ITC without conducting enquiry with supplier who failed to remit tax to Government. Calcutta High Court in Lokenath Construction Pvt. Ltd. (02-May-2024) RT if you find this useful.

📢 The Directorate General of GST Intelligence (DGGI) has recently launched an investigation into alleged tax evasion by agricultural brokerage houses. The evasion is estimated to be around a staggering ₹18,000 crore.

𝗪𝗵𝘆 𝘁𝗵𝗲 𝗢𝗱𝗶𝘀𝗵𝗮 𝗚𝗦𝗧 𝗗𝗲𝗽𝗮𝗿𝘁𝗺𝗲𝗻𝘁 𝗶𝗺𝗽𝗼𝘀𝗲𝗱 𝗮 𝗽𝗲𝗻𝗮𝗹𝘁𝘆 𝗼𝗳 𝗥𝘀. 𝟭.𝟰𝟲 𝗹𝗮𝗸𝗵𝘀 𝗼𝗻 𝗜𝗻𝗳𝗼𝘀𝘆𝘀? In a recent stock exchange filing, Infosys, a major player in IT services, has informed been penalized by the Odisha GST authority.

GST or Service Tax Department issues Notices of Turnover mismatch with Form 26AS or ITR. I have covered all landmark judgments. Steps to download file: 1) Follow me, it cost Rs. ZERO 2) Reply or Retweet 3) Check DM 4) Follow steps 5) Join GST Notice Reply group for FREE Thanks [img:sbYLMrC2g]

Whether the entry fee collected from the visitors/devotees/pilgrim by the applicant is taxable supply under GST Act? HELD: No

Brokerage exp. on sale of property allowable even if there was no written agreement with broker: ITAT Delhi in Sunil Kapoor v. ACIT

Transporter isn’t required to carry original tax invoice; Karnataka High Court quashes order imposing tax and penalty. DIVYA JYOTHI PETROCHEMICALS CO. (28-Feb-2024)

The applicant operates as a GTA primarily engaged in transporting goods by road. Their clients often request bundled services during the relocation of household goods. These bundled services include packing, loading, unloading, and unpacking, in addition to transportation.

🔍 Petitions Pile Up as GST Notices Flood Businesses After 3 Years of Returns Filing!

📣 GST Update: Paid GST Returned, Now Traders Have to File Revised Returns 📣 In an unprecedented turn of events, thousands of traders have found themselves in a peculiar situation.