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Archive: 15 July 2020

Posts in 15 July 2020

MSME-I & Assessment of applicability of Notification No. S.O. 368(E) dated 22.01.2019

July 15, 2020 7008 Views 0 comment Print

MSME-I and Assessment of applicability of Notification S.O. 368(E) dated 22nd January, 2019 In exercise of powers conferred by Section 9 of the Micro, Small and Medium Enterprises Development (MSMED) Act, 2006, the Ministry of Micro, Small and Medium Enterprises had vide Notification Dated 2nd November, 2018 directed all companies who get supplies of goods and services from micro […]

MSME Legal Backdrops Series Part – III

July 15, 2020 990 Views 0 comment Print

In the previous article [MSME Legal backdrops Series – Part II], we have gained knowledge about Chapter – I covering section 1 & 2 of MSMED Act, 2006. We have also discussed some important definitions viz. Supplier, Buyer, Enterprise, Goods etc. In this article, we will discuss about Chapter – II covering section 3 to […]

Consumer Protection Act, 2019- Section notified WEF 20.07.2020

July 15, 2020 3963 Views 0 comment Print

Central Government hereby appoints the 20th day of July, 2020 as the date on which the following provisions of Consumer Protection Act, 2019 shall come into force

Consumer Protection (Central Consumer Protection Council) Rules, 2020

July 15, 2020 5625 Views 0 comment Print

(1) These rules may be called the Consumer Protection (Central Consumer Protection Council) Rules, 2020. (2) They shall come into force on the 20th day of July,2020.

Consumer Protection (General) Rules, 2020

July 15, 2020 6375 Views 0 comment Print

Consumer Protection (General) Rules, 2020. Manner of issuing invoice or bill or cash memo or receipt for goods sold or services rendered.– (1) Every invoice, bill, cash memo or receipt for goods sold or services rendered, issued by a seller shall have the following minimum particulars, namely:-

Consumer Protection (Consumer Disputes Redressal Commissions) Rules, 2020

July 15, 2020 5139 Views 0 comment Print

1) These rules may be called the Consumer Protection (Consumer Disputes Redressal Commissions) Rules, 2020. (2) They shall come into force on the 20th day of July,2020.

Transitional Credit Issue- Decide on Taxpayer representation: HC

July 15, 2020 660 Views 0 comment Print

Explore Ankit Babeley vs. State of M.P. & Ors. case. Petitioner seeks permission to file Trans-1 for claiming transitional credit. High Court’s directive to respondents regarding pending representation.

GST Registration in case of renting of immovable property & works contract

July 15, 2020 16497 Views 0 comment Print

In this article we will discuss about registration requirement in case of supply of service of works contract & renting of immovable property. In the GST regime a person may either have to mandatory or he may at his will shall voluntarily apply for GST registration.

SEBI permits to list NCDs/NCRPS/CPs based on financials as on 31.12.2019

July 15, 2020 1164 Views 0 comment Print

It has been decided to permit listed Issuers who have issued NCDs/NCRPS/CPs, on or after July 01, 2020 and intend/propose to list such issued NCDs/NCRPS/CPs, on or before July 31, 2020, to use available financials as on December 31, 2019.

Section 194N – TDS on Cash Withdrawals from Bank

July 15, 2020 12495 Views 1 comment Print

The Finance Act, 2020 tightened the existing provisions for those who have not been filing income tax returns. This will be applicable from July 1, 2020. Section 194N for deduction of tax at source (TDS) on cash withdrawals exceeding Rs.1 crore was introduced by the Finance Minister in the Union Budget 2019. This section applies […]

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