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Archive: May, 2019

Posts in May, 2019

Clarification on E Form INC-22A also known as ACTIVE FORM

May 15, 2019 2244 Views 0 comment Print

E FORM INC-22A (Also Known As ACTIVE FORM)  MCA in order to find out Shell Companies, has amended the Companies (Incorporation) Rules, 2014 and a New E- Form INC-22A (Also known as ACTIVE – (Active Company Tagging Identities and Verification ) has been introduced vide Notification dated 21.02.2019 to ensure that the Company is active with its […]

Solar Power Device attract 9.8 % GST: GST AAAR Rajasthan

May 15, 2019 3099 Views 0 comment Print

In re Shri Kailash Chandra (GST AAAR Rajasthan) We find that the Appellant had produced copies of the Volume-I and Volume-II of the Tender-Document No. 17/2016-17 dated 23.08.2016 issued by the Additional Chief Engineer , Public Health Engineering Department (PHED) , Region-II, Jodhpur inviting tenders for designing, providing, installation, commissioning, of 118 Nos. Solar Energy […]

Clarification on Annual Secretarial Audit Report and Annual Secretarial Compliance Report for listed entities and their material subsidiaries

May 15, 2019 6558 Views 0 comment Print

The Exchange has received queries regarding the Exchange Circular LIST/COMP/10/2019-20 dated May 09, 2019, titled ‘Format for Annual Secretarial Audit Report and Annual Secretarial Compliance Report for listed entities and their material subsidiaries’. Accordingly, the following may be noted: Companies who have claimed exemption under Regulation 15(2) of SEBI (LODR) Regulations, 2015 and submitted Non-Applicability […]

Dedication of fortnight from 16th May to clear pendency of Appeal Effect etc

May 15, 2019 1743 Views 0 comment Print

I am directed to say that as per last year, this year also the Board has decided to dedicate the second fortnight of May, 2019 i.e. 16th to 31st May, 2019 to expeditious disposal of appeal effect and rectification claims of the taxpayers.

IBBI reject application for registration as IP as applicant was not having requisite experience in managerial capacity

May 15, 2019 1140 Views 0 comment Print

As per regulation 5 (c) (iii) of the Regulations, an individual is eligible for registration as an IP, if he has fifteen years of experience in management, after receiving a bachelor’s degree from a university established or recognised by law. After seeking and considering the details of employment of the applicant, the Board felt that the employment from 22nd March, 2002 to 31st March, 2008 (6 years), out of total experience of 19+ years, is not experience in management

Insolvency Professionals to act as Interim Resolution Professionals and Liquidators (Recommendation) Guidelines, 2019

May 15, 2019 753 Views 0 comment Print

Insolvency Professionals to act as Interim Resolution Professionals and Liquidators (Recommendation) Guidelines, 2019 14th May, 2019 Provisions in the Insolvency and Bankruptcy Code, 2016 Section 16(3)(a) of the Insolvency and Bankruptcy Code, 2016 (Code) requires the Adjudicating Authority (AA) to make a reference to the Insolvency and Bankruptcy Board of India (Board) for recommendation of an […]

Introduction of online complaints module for AEO & DPD clients- reg

May 15, 2019 2142 Views 1 comment Print

As a trade facilitation measure Mumbai Customs Zone-II has introduced a facility wherein AEO & DPD clients can file complaint online on DPD JNCH website(dpdjnch.com). The complaint can be filed in matters related to DPD only.

Tariff Notification No. 36/2019-Customs (N.T.) dated 15th May, 2019

May 15, 2019 1272 Views 0 comment Print

Tariff Notification No. 36/2019-CUSTOMS (N.T.) Dated 15th May, 2019 in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Silver. Government of India Ministry of Finance (Department of Revenue) (Central Board of Indirect Taxes and Customs) Notification No. 36/2019-CUSTOMS (N.T.) New Delhi, 15th May, 2019 25 Vaisakha, 1941 (SAKA) […]

HC releases goods seized for difference of date in tax invoice & E-way Bill on furnishing of security

May 15, 2019 2658 Views 0 comment Print

The goods and the vehicle of the petitioner have been seized as the date of the tax invoice mentioned in the E-WAY bill was different from the date mentioned on the tax invoice.

Last date to file form ADT-1 without fee till 15.06.2019

May 15, 2019 22419 Views 3 comments Print

Circular issued by MCA for waiver off of fees for filing Form ADT-1 by the companies which have filed Form GNL-2 during the period from 1st April, 2014 to 20th October, 2014 for appointment of auditors.  The Ministry of Corporate Affairs has issued a clarification wherein it has been mentioned that the companies which have […]

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