Monarch Bhatt

Practicing Advocate, Speaker & Author. Practice area includes advisory, litigation and compliance service into GST, Service Tax, Excise, VAT and Income Tax

[Monarch Bhatt @MonarchGST]

📢 Humbling to have my views on #GST Budget Proposals 2026 published by @Taxindiaonline
In this piece, I discuss critical amendments to GST and roadmap for #TaxReform
📖 Read here https://t.co/0EEW3X78ia

@FinMinIndia @cbic_india @nsitharaman #Budget2026 #IndirectTax #GSTUpdates

[Monarch Bhatt @MonarchGST]

Grateful & humble as I look back at 2025. It brings me great satisfaction to have pushed my boundaries & achieved more than the year prior. A heartfelt thank you to GSTPAM for honoring me with 'Best Speaker' & 'Excellent Execution' awards. #Gratitude #GSTPAM #ProfessionalGrowth

[Monarch Bhatt @MonarchGST]

GST TRIBUNAL APPEALS https://t.co/vDqEbgT5SA

[Monarch Bhatt @MonarchGST]

*Recent GST Amendments & Way Forward for the members of Diagnostic Distributor’s Welfare Association (DDA), Maharashtra*

[Monarch Bhatt @MonarchGST]

GST NATIONAL TAX CONFERENCE at CHHATRAPATI SAMBHAJINAGAR (AURANGABAD)

MONARCH BHATT was invited as a SPEAKER on the subject of GST ISSUES - REAL ESTATES & OTHER SERVICES

Began with discussion with @FCAUmeshSharma Ji Shri Pradip Gurumurthy, Comm of CGST Aurangabad
#GST #ICAI

[Monarch Bhatt @MonarchGST]

*The time period of 3 months for filing of an appeals to appellate tribunal will start from the notified date to be provided by the government.*

[Monarch Bhatt @MonarchGST]

Some of the highlights of 53rd #GST #council #recommendations.

*Interest and penalty will be waived for the demand notices issued under section 73 for the financial year 17-18, 18-19 and 19-20 provided full tax demanded has been paid by 31.03.2025.*

[Monarch Bhatt @MonarchGST]

*The ITC will be eligible on invoices / debit notes of financial year 17-18, 18-19, 19-20 and 20-21 if it has been taken by filing of GSTR 3B by 30.11.2021.*

*Reduction in payment of pre-deposit for filing of an appeal under GST*

[Monarch Bhatt @MonarchGST]

Looking forward to interact on the topic of Summon, SCN & Overlapping of proceedings by CGST & SGST Authorities

#gst #litigation #arrest #summon #monarchbhatt #fairlaw

[Monarch Bhatt @MonarchGST]

Looking forward to interact on the subject of "GST LITIGATION" on 09.02.2024.

#GST #taxprofessional #advocate #monarch #monarchbhatt #FAIRLAW

[Monarch Bhatt @MonarchGST]

Our #Views and #Analysis on the Finance Bill 2024 proposals relating to #gst published on TIOL

Authored By Advocate Monarch Bhatt

FEBRUARY 01, 2024
#tax #advocate #Budget2024

https://t.co/l68GqjGQ7e

[Monarch Bhatt @MonarchGST]

#GST #PPT on amendment proposed in the Finance Bill, 2024 #Budget2024

https://t.co/CZ0xxKw1xp

[Monarch Bhatt @MonarchGST]

Interim #Budget2024
Highlights #Tax by Monarch Bhatt & Team FAIRLAW

🖋️ No changes in the tax rates of direct and indirect taxes
🖋️ DT outstanding demands upto Rs. 25K till FY 09-10 will be withdrawn
🖋️ DT outstanding demands upto Rs. 10K for FY 10-11 to 14-15 will be withdrawn

[Monarch Bhatt @MonarchGST]

#2023 #thankyou #nostalgia

Memories of leading the group at #GST #RRC of The Goods and Service Tax Practitioners' Association of Maharashtra

#monarchbhatt #monarch #Fairlaw #lucknow #tax

[Monarch Bhatt @MonarchGST]

Short video on the impact of #budget2023 proposals relating to #gst #itc

https://t.co/0QZO0rj1A6

[Monarch Bhatt @MonarchGST]

CSR ITC gets blocked
Authored By Advocate Monarch Bhatt
FEBRUARY 01, 2023

https://t.co/dMKUdPKviV

#CSR #GST #Budget2023 #litigation #monarch #monarchbhatt

[Monarch Bhatt @MonarchGST]

Union #Budget2023
Highlights of #tax Proposals

✒️ The highest rate is 42.74% income tax under the new regime. The FM has proposed to reduce the highest surcharge from 37% to 25% in the new tax regime, max rate of 39%.

[Monarch Bhatt @MonarchGST]

Union #Budget2023
#tax
✒️ Major relief to all tax payers in new regime.
✒️ Rebate limit of Income tax increased from 5 lakh to 7 lakhs in new tax regime.
✒️ Personal income tax slabs
0-3 lakh- Nil
3-6 lakh -5%
6-9 lakh - 10%
9-12 lakh-15%
12-15 lakh -20%
Above 15 lakh - 30%

[Monarch Bhatt @MonarchGST]

Union #Budget2023
Highlights of #tax Proposals

✒️ Reduction in rates of basic Customs duty.

✒️ Cigarettes will get more expensive. National calamity contingent duty increased by 16% on specified cigarettes.

[Monarch Bhatt @MonarchGST]

Decision of Maharashtra AAAR in the matter of M/s. Portescap India (P.) Ltd dated 13.01.2023 is supporting our consistent view that SEZ unit or SEZ developers are not liable for the payment of RCM on receiving specified supplies from DTA service providers.

#advocate #gst #sez