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Archive: 07 November 2023

Posts in 07 November 2023

Object Clause for Hospital or Main Object for Hospital

November 7, 2023 18588 Views 0 comment Print

Explore comprehensive object clause for hospitals, covering healthcare activities, research, education, and support services. Learn about a hospital’s multifaceted objectives

Format of Consent for the striking off the LLP/Company

November 7, 2023 4506 Views 0 comment Print

Learn the importance of obtaining consent from creditors in the striking off process of an LLP or company. Explore the steps for securing consent, including communication, notice issuance, settlement discussions, and documentation. Download a sample format for seeking consent in compliance with the LLP Act and Companies Act.

Calling Extraordinary General Meeting: Procedure & Obligations

November 7, 2023 3555 Views 0 comment Print

Learn how to call an Extraordinary General Meeting under Companies Act, the requisition process, and board’s obligations. Get insights on EGM.

Discussion paper on Real-Estate Related Proposals- CIRP & Liquidation

November 7, 2023 999 Views 0 comment Print

Explore discussion paper on real estate insolvency reforms, including RERA registration, separate bank accounts, and asset exclusion. Get insights on potential impact.

Rule 9(2): Unravelling Timelines and Procedures in GST Registration

November 7, 2023 4872 Views 0 comment Print

Rule 9(2) of the Central Goods and Services Tax (CGST) Rules, 2017 outlines the timeline for providing additional info during GST registration process. Learn more about Significance of Timely Action & Law of Limitation- Part-4!

Legal Constraints on Reopening Assessments: Venkateswara Roller & Flour Mills Ltd. Case

November 7, 2023 1881 Views 0 comment Print

Find out the importance of timely action & limitation laws under the CGST Act & Rules. Uncover the implications of reopening assessments & the impact of pending writ petitions on limitation orders. Learn more!

CBIC Update: GSTIN Amendment in Bill of Entry After OOC – Latest Advisory

November 7, 2023 4020 Views 0 comment Print

Stay informed on the latest Customs update from CBIC: Amendment of GSTIN in Bill of Entry after OOC. Learn the process, limitations, and potential issues. Advisory No: 27/2023

Compliance Cost Under Income Tax Act And GST

November 7, 2023 2037 Views 0 comment Print

Understand the compliance costs under the Income Tax Act and GST in India. Explore the factors influencing these costs, including tax planning, audits, and GST enrollment. Learn how businesses can navigate the complexities to ensure compliance and minimize financial and administrative burdens.

Release of fresh apples imported from New Zealand was allowed on furnishing of Bank Guarantee towards differential duty

November 7, 2023 501 Views 0 comment Print

Customs department was directed to release fresh apples imported from New Zealand as the same were perishable in nature and were meant for human consumption, made the court find it appropriate to order the release of the goods, however, subject to the condition that Respondent should furnish a bank guarantee in order to safeguard the interests of the department.

No excise duty u/s 11A for allegation of illicit clearing in absence of sufficient evidence relating to inflow of cash

November 7, 2023 297 Views 0 comment Print

No excise duty was leviable under section 11A of the Central Excise Act, 1944 on the allegation of illicit clearing as the department had miserably failed to substantiate the allegation of clandestine manufacture and clearance by any tangible or corroborative evidence

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