CA Akash Agarwal

Chartered Accountant,
Registered Valuer - Securities / Financial Assets,
CS, DISA, B. COM, FAFD, CCA

[CA Akash Agarwal @akashagarwal_ca]

G.R. Infra Projects Ltd. v. State of MP, [2026] 189 https://t.co/zXrcF61gkw 764 (SC), 19.08.2026
Tata Steel Ltd. v. UOI, [2026] 189 https://t.co/zXrcF61gkw 520 (SC), 25.08.2026 (quash with liberty — fresh notice possible, order by 28.02.2027)

[CA Akash Agarwal @akashagarwal_ca]

SCN under s.74 CGST said only "fraud or concealment of facts". Nothing on WHAT was concealed. SC: notice quashed. Foundational facts must come from the notice itself — a counter affidavit cannot cure it. Same principle repeated in Tata Steel six days later. #GST #TaxTwitter

[CA Akash Agarwal @akashagarwal_ca]

Same GST rate on principal input and output ≠ no refund. Madras HC strikes down the "principal input" theory in Circular 135/05/2020 — s.54(3)(ii) covers ALL inputs. Input services still excluded #GST #TaxTwitter #business #tax

[CA Akash Agarwal @akashagarwal_ca]

MSMED (Amendment) Bill, 2026

• Mediation 90 din, arbitration referral 30 din, award 90 din
• Set-aside arzi 6 mahine+ pending → min 50% supplier ko
• Vasuli ab arrear of land revenue ki tarah, Collector ke through
Bill pass; assent +notification abhi baaki

#MSME #TaxTwitter

[CA Akash Agarwal @akashagarwal_ca]

ADT-01 aaya — 6 saal ke documents?

Sec 65 mein audit period ki limit nahi. Limit SCN mein hai: 3 saal (73) / 5 saal (74).

FY 21-22 mein 73 band → isliye genuine galti ko "wilful" ka rang milta hai.

CBIC Instruction 05/2023, para 3.3 padhiye. Video 👇 #GST #TaxTwitter

[CA Akash Agarwal @akashagarwal_ca]

Supplier ne tax nahi bhara — ITC kiska gaya?

HCs divided the: Calcutta & Madras taxpayer ke saath, Patna ulta, Tripura ne 16(2)(c) read down kiya.

24 July: SC ne Gujarat HC ko affirm kiya — "complete and respectful agreement". Sec 16(2)(c) upheld.

Video 👇 #GST #TaxTwitter

[CA Akash Agarwal @akashagarwal_ca]

6 saal ki GST demand — EK notice? Calcutta HC ne SBI ka ₹10.97 Cr notice quash kiya. Har FY = alag limitation

High Courts split hain; final faisla SC mein pending. Gujarat: issue open

Multi-year SCN mila? Objection record par likhwao — free insurance. Video 👇 #GST #TaxTwitter

[CA Akash Agarwal @akashagarwal_ca]

@Infosys_GSTN @Infosys_GSTN, assurance of a "short" review is unacceptable amid ongoing business harm from the portal's calculation error. Provide a clear TAT for resolving this critical GSTIN management issue immediately. Delays are intolerable! @GST_Council @cbic_india @FinMinIndia

[CA Akash Agarwal @akashagarwal_ca]

I'm furious with @Infosys_GSTN and @cbic_india! GST portal's bogus liability mismatch error is blocking my R-1 filing, despite no real discrepancy. Negligence is denying ITC in 2B, ruining my business rep and causing massive financial hits. Grievances tickets ignored @FinMinIndia

[CA Akash Agarwal @akashagarwal_ca]

@AU_Small_Finance My complaint via @RBI's CMS was CLOSED SAME DAY, citing 10(2)(b)(i) w/o investigation! This is a blatant attempt to dismiss my failed transaction issue. No remedy left. @RBIspeaks pls intervene! #BankingFraud #CustomerRights #Surat #Gujarat

[CA Akash Agarwal @akashagarwal_ca]

@AU_Small_Finance My complaint via @RBI's CMS was CLOSED SAME DAY, citing 10(2)(b)(i) w/o investigation! This is a blatant attempt to dismiss my failed transaction issue. No remedy left. @RBIspeaks pls intervene! #BankingFraud #CustomerRights #Surat #Gujarat

[CA Akash Agarwal @akashagarwal_ca]

@AU_Small_Finance #FailedTransaction #Refund #CustomerService Nightmare! AU Bank failed to process my transaction and refuses to refund my money. They've been unresponsive for weeks. @RBI @BankingOmbudsman #BankingNightmare #ConsumerRights

[CA Akash Agarwal @akashagarwal_ca]

18% GST on Car sold at loss?
#gst #gstrcm #incometax #gstupdates #gstindia #gstcouncil #incometaxindia #incometaxreturn #gstreturns #gstoncar

[CA Akash Agarwal @akashagarwal_ca]

GST on Textile at increased to 28%?
#GSTrates
#gstcouncilmeeting #GSTUpdates
#gstliesbusted #GST
#GSTonGarments
#GarmentGST
#GSTHelp #GSTTips #GSTCalculation

[CA Akash Agarwal @akashagarwal_ca]

@nitin_gadkari

[CA Akash Agarwal @akashagarwal_ca]

@MORTHIndia Paid pending challan, but system still shows that its pending. Mailed issue to the official id n response is ready-made without getting into the details of the concern. This is really annoying to waste time on the inefficient system. It motivates not to pay in future

[CA Akash Agarwal @akashagarwal_ca]

GST RCM on Rent
Does this applies to House Rent too?
What if some1 recieved Rent invoice prior to 10th Oct 24?
Can RCM be paid via ITC Ledger?
#GST #incometax

[CA Akash Agarwal @akashagarwal_ca]

Is it compulsory under GST law to pay the supplier within 180 days?
#MSMEs #GST #IncomeTax #tax #FinanceNews #finances @FinMinIndia @nsitharamanoffc

[CA Akash Agarwal @akashagarwal_ca]

Which Income Tax Regime to choose? New vs Old. What's the main difference? Is Income upto 7 is not taxable?
#incometax #finance #taxreturn @FinMinIndia @nsitharamanoffc

[CA Akash Agarwal @akashagarwal_ca]

My calender showing todays date as 20-06-2024. Do I need to go into time machine and eat this expired bread?@indianrail @IRCTCofficial @IndianRailMedia @AshwiniVaishnaw Sir, hume bhi apna pariwar samajh k hamara khayal rakhiye ki ye sab KACHRA CATAGORY ka khana kha k mar na jaaye