Moot question in this article is that a person can be penalised twice one under the proceeding under section 129 of the Central Goods and Service Tax, 2017 and also under the proceeding u/s 130 of Act ibid for a single offence.
Trade across the world is crippled and stranded – hit severely due to coronavirus outbreak becoming a pandemic – global supply is nearly collapsed – cargo movements are erratic. The international shipping lines are affected. Entire Trade Transactions are almost Paralysed. Even though major countries have not put trade restrictions for Cargo movement, operational slowdown […]
Ministry of Corporate Affairs, has introduced the ‘Companies Fresh Start Scheme,2020’ a first of its kind opportunity to companies to make good any filing related defaults, irrespective of duration of default, and make a fresh start as a fully compliant entity.
With the outbreak of COVID-19 across India, measures were taken by the Ministry of Corporate Affairs (MCA) for reducing the compliance and financial burden on the companies operating in India. The relaxations are also aimed at providing defaulting companies with an opportunity to restart their businesses by filing pending documents with no penalty for delay. […]
Cheque Printing Utility in Excel Format can be used to Print any Bank Cheque without handwritten mistakes and tension Kindly enable ‘Macros’ before using the Cheque Printing Utility. for any assistance, Please contact – Sabu v Joseph, Email-sabuvjosephpkd@gmail.com
1. Availment of ITC as per Rule 36(4) shall be calculated cumulatively for the month of February, March, April, May, June, July, August, 2020 and the return in Form GSTR 3B for the month of September 2020 shall be furnished with the cumulative adjustment of ITC as per the Rule 36(4) for the said months […]
The Central Board of Indirect Taxes and Customs (CBIC) has issued notifications under GST Laws to implement the recommendation of the 39th GST Council held on 14th March, 2020. The summary of notifications have been given below for easy understanding: Sl. No Notification No Date Summary of Notification 1. 09/2020-Central Tax 16-03-2020 Exempt foreign airlines […]
INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA Circular Ref: IRDAI/Life/Cir/Misc/079/04/202 04th April 2020 To All Insurers Sub: Additional time allowed for filing Regulatory Returns This circular is issued further to the Covid 19 related Instructions vide Circular Ref: IRDAI/INSP/ CIR/MISC/077/03/2020 dated 30th March 2020 as an addendum. *Additional Time allowed for filing Regulatory Returns as […]
Where unit linked policies mature and fund value is to be paid in lumpsum, Life Insurers may offer settlement options in accordance with Regulation 25 of IRDA (Linked Insurance Products) Regulations, 2013. This onetime option is regardless of whether such option exists or not in the specific product.
Revised Frequently Asked Questions on LLP Settlement Scheme, 2020 issued by the Ministry of Corporate Affairs, Government of India on 4th March, 2020 and modified as on 30th March, 2020 The Ministry of Corporate Affairs has provided a one-time opportunity to the LLPs to make good their default by filing pending documents and to serve […]
