@abhishekrajaram's Latest X Threads

Q. How Patriotic you are? I pay: => 30% Income Tax( plus surcharge, edu cess etc) => GST on almost everything (5% even on branded food item) => Excise Duty + Cess + Vat on fuel => Tax on liquor => Toll tax => STT plus LTCG/STCG => Road Tax => Stamp duty Did I missed something?

📢 𝗥𝗲𝗽𝗼𝗿𝘁𝗶𝗻𝗴 𝗼𝗳 𝟰/𝟲 𝗱𝗶𝗴𝗶𝘁 𝗛𝗦𝗡 𝗶𝗻 𝗲-𝗪𝗮𝘆𝗯𝗶𝗹𝗹 𝗳𝗿𝗼𝗺 𝟭𝘀𝘁 𝗙𝗲𝗯 𝟮𝟬𝟮𝟰! 📋

𝗚𝗦𝗧 (𝗚𝗼𝗼𝗱𝘀 𝗮𝗻𝗱 𝗦𝗲𝗿𝘃𝗶𝗰𝗲𝘀 𝗧𝗮𝘅) 𝗿𝗲𝘃𝗲𝗻𝘂𝗲𝘀 𝗿𝗲𝘃𝗲𝗮𝗹 𝗮 𝗱𝗶𝘀𝘀𝗼𝗻𝗮𝗻𝗰𝗲 𝗶𝗻 𝗰𝗼𝗻𝘀𝘂𝗺𝗽𝘁𝗶𝗼𝗻 𝗴𝗿𝗼𝘄𝘁𝗵 𝗮𝗰𝗿𝗼𝘀𝘀 𝗦𝘁𝗮𝘁𝗲𝘀

𝗚𝗦𝗧 𝗲𝘃𝗮𝘀𝗶𝗼𝗻 𝗼𝗳 𝗼𝘃𝗲𝗿 𝗥𝘀 𝟰𝟰,𝟬𝟬𝟬 𝗰𝗿𝗼𝗿𝗲 𝗱𝗲𝘁𝗲𝗰𝘁𝗲𝗱 since May: Finance Ministry Ministry revealed that total of 29,273 bogus firms, implicated in suspected Input Tax Credit ITC evasion amounting to Rs 44,015 crore, have been unearthed since May 2023

GST Notifications issued on 05-Jan-2024: 𝗡𝗼𝘁𝗶𝗳𝗶𝗰𝗮𝘁𝗶𝗼𝗻 𝗡𝗼. 𝟬𝟭/𝟮𝟬𝟮𝟰 - Central Tax: Extension of due date for filing of return in FORM GSTR-3B for the month of November, 2023 for the persons registered in certain districts of Tamil Nadu.

GST ITC Refund Can't Be Rejected Merely On Ground Of Non-Supply Of Authenticated Document: Delhi High Court in M/S Mittal Footcare vs The Commissioner of CGST (W.P.(C) 15518/2023 & CM. APPLS. 62158/2023; 04-Jan-2024)

Central GST team arrests trader for Rs. 9.2cr fraud The anti-tax evasion squad of the central goods & services tax (CGST) Commissionerate, Aurangabad, arrested a Jalna-based trader for availing fraudulent input tax credit (ITC) of Rs 9.2 crore.

Kerala guv gives assent to ordinance to amend GST law Kerala governor Arif Mohammed Khan gave his assent to an ordinance amending the state Goods and Services Tax (GST) law with regard to gambling, people familiar with the matter said.

Assam GST Govt. has issued a instruction to withdraws all GST notices issued by officers using IIT Big Data software subject to prescribed conditions. Instruction No. 13/2023-GST

Assessee can’t shirk from its responsibility to generate fresh E-way bill if consignment had not been transported: Supreme Court in Vardan Associates Pvt. Ltd. vs Assistant Commissioner of State Tax (31-Oct-2023)