CBIC on 13th December 2019 made some changes in the procedure of issuing invoices by some registered person. To make these changes CBIC issued five Central Tax notifications on 13.12.2019. Gist of these notifications is as follows:
The Good and Services Tax (GST) Council proposes to introduce e-Invoicing for B2B (business to business transactions) from January 1, 2020. With its user-friendly mechanisms, e-Invoicing is expected to make GST compliance, return filing, reconciliation and also, getting tax credits simpler and trouble-free. This is good news, especially for small and medium size businesses which […]
In furtherance of its endeavour to implement a common dress code for the members while presenting themselves before different authorities, the Institute of Company Secretaries of India (ICSI) has empanelled M/s Reparo Private Ltd to provide blazers of uniform colour and fabric.
CHARGE Under Companies Act,2013 and Companies (Registration of Charges) Rules, 2014. CONCEPT OF CHARGE: The Companies Act, 2013 defines a Charge as an interest or lien created on the assets or property of a Company or any of its undertaking as security and includes a mortgage U/s 2(16). Need: The financial institutions/banks do not lend their monies […]
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