"20 September 2022" Archive

DGFT extends period for exports of broken rice till 30.09.2022

Notification No. 34/2015-2020-DGFT, [S.O. 4399(E).] 20/09/2022

DGFT extends period for export of broken rice (HS code 1006 40 00) from 15th September, 2022 till 30.09.2022 - Notification No. 34/2015-2020-DGFT...

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IBBI Liquidation & Voluntary Liquidation Process Regulations – Major changes

Press Release No. IBBI/PR/2022/37 20/09/2022

Insolvency and Bankruptcy Board of India Press Release No. IBBI/PR/2022/37 | Dated: 20th September, 2022 Insolvency and Bankruptcy Board of India amends the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016 and Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) Regulations, 2017 The In...

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Amendments in IBBI Liquidation & Voluntary Liquidation Process Regulations

Amendments in IBBI (Liquidation Process) Regulations, 2016 and IBBI (Voluntary Liquidation Process) Regulations, 2017 1. Streamlining the constitution of SCC Present framework ❖ Reg. 31A -*Stakeholders’ Consultation Committee (SCC) be constituted within 60 days from LCD and decision(s) taken prior to that be placed before it, for info...

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Posted Under: DGFT |

Goods in transit cannot be detained for e-way bill expiry if no intent to evade Tax

Hanuman Ganga Hydroprojects Private Limited Vs Joint Commissioner (Calcutta High Court)

Whether authorities justified in imposing tax & penalty on the ground that, at the time of interception, validity period of E-Way bill stood expired...

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ICAI: Registration for Online Home Based Practical Training Assessment

Board of Studies (Academic) The Institute of Chartered Accountants of India 20th September, 2022 ANNOUNCEMENT Registration for Online Home-Based Practical Training Assessment The next practical training assessment is being conducted online on October 15-16, 2022. The students who have completed their 1st/ 2nd year of practical training du...

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Posted Under: DGFT |

GST on Government contract for Construction of Airport Terminal Building/Airport/Prison/Museum/Residential school complex

In re KMV Projects Limited (GST AAR Karnataka)

In re KMV Projects Limited (GST AAR Karnataka) a. Works contract services executed to Public works Department, Government of Karnataka, for Construction of Airport Terminal Building in Shivamogga are liable to tax at 9% CGST as per entry No. 3(xii) of Notification No. 11/2017-Central Tax (Rate), dated: 28.06.2017 . b. Works contract servi...

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Right to Residence cannot be curtailed by State Reorganization Act: SC

State of Telangana Vs B. Subba Rayudu and Others (Supreme Court of India)

The Hon’ble Supreme Court held that the Constitution of India prohibits the State from making any law which takes away or infringes the rights conferred by Part III of the Constitution of India and any law made in contravention of Article 13(2), to the extent of the contravention would be void....

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Mandatory appointment of Company Secretary under Companies Act, 2013

A company secretary is a senior position in a private sector company or public sector organization. The company secretary is responsible for the efficient administration of a company, particularly regarding ensuring compliance with statutory and regulatory requirements and ensuring that decisions of the board of directors are implemen...

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Posted Under: DGFT |

Format of Memorandum of Association of of section 8 Company limited by Shares

Format of Article of Association of section 8 Company limited by SharesTHE COMPANIES ACT, 2013 [Pursuant to rule 19(2) the Companies (Incorporation) Rules, 2014] MEMORANDUM OF ASSOCIATION OF XYZ FOUNDATION (A Company limited by shares not for profit under section 8 of the Companies Act, 2013) Also Read: Format of Article of Association of...

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Posted Under: DGFT |

Format of Article of Association of section 8 Company limited by Shares

THE COMPANIES ACT, 2013 [Pursuant to rule 19(2) the Companies (Incorporation) Rules, 2014] ARTICLES OF ASSOCIATION OF XYZ FOUNDATION (A Company limited by shares not for profit under section 8 of the Companies Act, 2013) Also Read: Format of Memorandum of Association of of section 8 Company limited by Shares PRELIMINARY 1 Subject  as  h...

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Posted Under: DGFT |

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