efiletaxMar 31, 2025

βš–οΈ Telangana HC takes up plea challenging GST Rule amendment
KH Facility Solutions moves court against GST action under amended Rule 142(1A) of CGST Rules, 2017.

πŸ”Ή Issue: Tax liability intimated without proper SCN
πŸ”Ή HC asks CBIC to respond
πŸ”Ή Next hearing: April 1, 2025

Is this Rule 142(1A) amendment overstepping Section 74?

#GST #TaxLaw #CGST #CBIC

xameerJul 12, 2021
A chief financial officer can’t write up her firm’s investments if the price goes back up to $60,000. She can do that only when the company sells the coins
Isn't that like #cgst
Does cgst or tax return in general count as an asset?
#accounting
xameerJul 5, 2021
How my personal funds get stuck in a bloated policy regime, for a person of my position
17% in net #cgst on just one item I need for work
10% in goods I need stock to keep #blackmarket from ripping me off
6% in maintaining #cibil *
6% in #rent
* excluding social audit
xameerJul 1, 2021
#CGST #tax is one of the reasons that a researcher has to be, also a salesman in India , to save the tax he has paid at the time of buying. Until sales there is no way to redeem.