Application for Incorporation of Companies as per Chapter II The Companies (Incorporation) Rules, 2014 An application for registration of a company shall be filed, with the Registrar within whose jurisdiction the registered office of the company is proposed to be situated, in SPICe+ (Simplified Proforma for Incorporating company Electronically Plus: INC-32) along with the fee as provided […]
MAHARASHTRA ACT No. XXIII OF 2020. Dated the 16th September 2020 (English) In pursuance of clause (3) of article 348 of the Constitution of India, the following translation in English of the Maharashtra Goods and Services Tax (Second Amendment) Act, 2020 (Mah. Act No. XXIII of 2020), is hereby published under the authority of the […]
Blockchain is an evolving technology and it has emerged exponentially because companies are now understanding the benefits of the blockchain. However, many companies are not able to implement blockchain for array of reasons. Block Chain-as-a-Service (BaaS) providers have made it easier for the companies to implement blockchain whose core proficiency is in fields other than […]
Notional interest has to be considered as part of value of supply of service, if and only if the said notional interest influences the value of supply i.e. value of RIS service / monthly rent and is leviable to GST along with monthly rent at the rate applicable to monthly rent.
Where case of assessee was selected for limited scrutiny on issue of mismatch of sales shown in the audit report vis-à-vis tax return but AO expanded the scope of limited scrutiny by making addition for alleged speculation loss under section 43(5) without taking permission from the concerned Pr.CIT/CIT, order of AO was set aside.
NEW MCA FORM FOR COMPANY REGISTRATION IN INDIA. The Ministry of Corporate Affairs is expected to launch a web-based system for company registration in India with the launch of the Spice Plus (Spice+) form with effect from the 1st day of February, 2020. This move is aimed to further the Ease of Doing Business (EODB) […]
The Union Cabinet in March approved the Remission of Duties or Taxes on Export Products (RoDTEP), a scheme for exporters to reimburse taxes and duties paid by them such as value added tax, coal cess, mandi tax, electricity duties and fuel used for transportation, which are not getting exempted or refunded under any other existing […]
These regulations may be called the Food Safety and Standards (Food Products Standards and Food Additives) Seventh Amendment Regulations, 2020. They shall come into force on the date of their publication in the Official Gazette and Food Business Operator shall comply with all the provisions of these regulations by 1st July, 2021.
GST and Central Excise Department, Chennai Outer has arrested a 56 year old person from Kodungaiyur area of Chennai city for committing a GST credit fraud of Rs. 107 Crore. The arrest was made after carrying out detailed investigation and conducting searches to gather evidence.
The GST law and GSTN portal has been changing a lot in recent times. Some of such important changes and upcoming due dates are highlighted below for your quick reference. Changes includes Implementation of E-Invoicing w.e.f 1st October 2020, Implementation of GSTR 2B – The new auto-populated statement of Invoices, END of COVID relief for […]
