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Revolutionary Raja Ram for Tax & Economic Reforms Profile picture
@abhishekrajaram
Apr 20 • 4 tweets • 3 min read Twitter logo Read on Twitter
🚨 #GSTReturn portal CRASHED on the due date! 😠 Indian businesses left in limbo.

Unfair to penalize us for a system failure. We demand a #DueDateExtension! 💪

Share your struggles👇 & RT to spread awareness 📢 Let's hold the govt. accountable! 🏛️ #PortalCrash #RaiseYourVoice
1/ Frustration is growing among #IndianBusiness owners as we struggle to meet our obligations amidst a non-functional portal.👩‍💻👨‍💻 #TaxFiling #GovernmentAccountability
2/ This isn't just about a crashed portal; it's about the trust & reliability we expect from our government. We need better infrastructure to support our growth & progress.📈 #DemandBetter
3/ Join the conversation & share your experiences. Together, we can make our voices heard! 🗣️ Let's ensure our concerns reach the right ears.👂 #UnitedWeStand

Remember, your engagement could be the catalyst for change! 🌟

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More from @abhishekrajaram

Revolutionary Raja Ram for Tax & Economic Reforms Profile picture
Apr 23
Transfer of airport operations by AAI to Adani exempt, however, salary cost reimbursement is taxable at 18% - Rajasthan AAR in re Airports Authority of India, Civil Airport Road, Jaipur [RULING NO. RAJ/AAR/2022-23/25, Dated 20-Mar-2023]

Summary of the ruling:
1. The transfer of business from the Airport Authority of India to Adani Jaipur International Airport Limited is considered a supply under Section 7 of the CGST Act, 2017.

2. This transfer is not covered in clause 4 of schedule II of the CGST Act, which means GST is not leviable
3. The transfer is covered under Entry No. 2 of exemption Notification 12/2017-CT(R), which means GST is not leviable.

4. Ruling on whether GST is leviable on the transfer of assets is not required, based on the ruling in point 3.
Read 9 tweets
Revolutionary Raja Ram for Tax & Economic Reforms Profile picture
Apr 23
🚨Sunday Special: High Court favors petitioners in recent Indian Input Tax Credit (ITC) cases under GST!

🚨 Stay updated with these latest case laws and their citations in this thread 🧵👇
1/ Case Law 1: M/s. Sanjivani Non-Ferrous Trading Pvt. Ltd. v. Union of India [2021] (Gujarat High Court)

The court ruled that the denial of ITC without giving the opportunity to provide an explanation is a violation of natural justice.
2/ Case Law 2: Tata Motors Ltd. v. State of Jharkhand [2021] (Jharkhand High Court)

The court held that ITC cannot be denied based on minor procedural lapses, safeguarding the petitioner's rights in the GST regime.
Read 8 tweets
Revolutionary Raja Ram for Tax & Economic Reforms Profile picture
Apr 22
Constitutionality of Taxing Intermediary Services Under GST: Bombay High Court Upholds Validity Of Section 13(8)(b) Of IGST Act
The Bombay High Court has upheld the constitutionality of taxing intermediary services under the IGST Act.
"The provisions of Section 13(8)(b) and Section 8(2) of the IGST Act are legal, valid, and constitutional, provided that the provisions of Section 13(8)(b) and Section 8(2) are confined in their operation to the provisions of the IGST Aact only,
Read 4 tweets
Revolutionary Raja Ram for Tax & Economic Reforms Profile picture
Apr 22
CAG’s report points out lapses in GST, Stamp Duty and Registration Fee
The Compliance Audit (Revenue) report of the Comptroller and Auditor General (CAG) for the year that ended on March 31, 2021 has pointed out lapses in aspects relating to Goods and Services Tax and Stamp Duty and Registration Fee.
A test check of the records relating to Goods and Services Tax, Stamp Duty and Registration Fee, and land revenue during the year 2020-21 revealed under-assessments, short levy, loss of revenue and other observations amounting to Rs. 675.87 crore in 1,079 cases, it said.
Read 5 tweets
Revolutionary Raja Ram for Tax & Economic Reforms Profile picture
Apr 22
The Calcutta High Court allows amendment in GSTR-1; Form to be submitted manually; the Department will get it uploaded from backend.
The appellant in this case filed a writ petition after the GST Authorities rejected their request to amend the GSTR-1.

The writ petition was dismissed by the Ld Single Bench due to the expiration of the period of limitation for rectification.
The appellant then filed an appeal, which was guided by judgments from the Division Bench of the Jharkhand High Court and the High Court of Orissa.

These judgments granted relief to the assessee in an identical issue.
Read 5 tweets
Revolutionary Raja Ram for Tax & Economic Reforms Profile picture
Apr 21
GST evasion detection nearly doubles to Rs 1.01 trillion in FY23
GST evasion detection by tax officers almost doubled year-on-year to over Rs 1.01 trillion in the just concluded 2022-23 fiscal, an official said. During the last fiscal, a recovery of Rs 21,000 crore was made by the officers of the Directorate General of GST Intelligence (DGGI).
The official said the government is taking steps to increase compliance and using data analytics and human intelligence to identify fraud. "DGGI officers have detected evasion to the tune of Rs 101,300 crore in 2022-23.
Read 5 tweets

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