Superb Easy of Doing Business EMI without interest 😶

In #GST audits, one of the common issue identified is alleged error or illegality in granting of refund by proper officer, which is followed by SCN u/s 73 or 74. Can proceedings u/s 73/ 74 are valid for such recovery, IMHO - No. Attempted to analyse 👇🏻 linkedin.com/posts/jatin-ha…

In RCM cases, Sec. 16(4) time limit shall start from date of invoice made by recipient, practically from FY in which RCM payment is made- #53_GSTC Law is crystal clear from day one, it was only field formation who failed in understanding- Result huge harassment. Accountability?

It is proposed to bring limitation u/s 73 at par with that of u/s 74 - #53_GSTC Means no difference in honest taxpayer & fraudsters. All tax laws treated honest taxpayer at better footing with lower limitation period, eg Income Tax, VAT, Excise, Service Tax etc. Any logic ???

Top picks from #53rd GSTC Meeting.

Finally missing link restored via notification dated 16.07.2024, under General Clauses Act. In any law, reference to IPC, CRPC or Evidence Act shall be treated as reference to BNS, BNSS & BSA respectively. #NewCriminalLaws

Proposed scheme will bring bonafide taxpayers & tax evaders at same footing for GST adjudication. Just because officers could not perform their function in time, limitation in bonafide taxpayers case has been extended in disguise. Pls consider roll back Nirmala Sitharaman #Budget2024

Mining Royalty is not in the nature of Tax. - SC (Majority opinion of 9 Judges bench) Battle of whether GST is leviable on mining royalty or not, will be tough, but IMHO its not gone case.

It is proposed to insert clause (1A) to Sec. 70 in GST law. I am still trying to understand impact of the same. Quick summary and food for thoughts attached. #Budget2024

New adjudication regime ... shall bring new challenges. Any guesses on application of Sec. 73/ 74 or 74A in following situations ? Key phrase - "Tax pertaining to" Hope @cbic will come up with circular timely to ensure uniform implementation of law and avoid harassment.

After constitution of principal bench of #GSTAT, now State Benches (along with circuit) are constituted.

Full sympathy with Infosys. Just to recollect, GSTN was developed and is maintained by #Infosys. #GST

Isn’t annual increment policy (commensurate with inflation and change in scope, if any) be more justifiable ! Most people don’t resist to reasonable annual increase and is good for both side.

Language in the tax notices should not be convoluted - Mrs. Nirmala Sitaraman I admire gesture of FM.

Hon’ble Gujrat HC was pleased to grant stay on passing of order in pursuance of SCN u/s 74 demanding approx INR 604 Cr.. The major ground was that allegation of Suppression is without substance. Synopsys of case attached. For copy or order 👇🏻 linkedin.com/posts/jatin-ha…