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No RCM Mechanism applicable on import of services if location of supplier is from a fixed establishment

January 18, 2021 4716 Views 0 comment Print

Question on which AAR sought and discussions made -The applicant sought ruling on requirement of registration under Odisha Goods and Services Act, 2017 & CGST ACT, 2017 for the consultancy services provided to Odisha Power Transmission Corporation Limited  -Whether GST is payable on RCM basis by OPTCL in relation to import of services from Applicant […]

All you need to know about Pollution License

January 16, 2021 5277 Views 2 comments Print

Introduction  -There is a requirement to Obtain License from State Pollution Control Board before starting any unit which emits air pollutants causing Air pollution or effluents in water causing Water Pollution. -For granting license to various units, The Ministry of Environment, Forest and Climate Change has categorized industries into Red, Orange, Green and White Industries. […]

New MCA Scheme for condonation of delay for certain companies

January 15, 2021 6987 Views 3 comments Print

Scheme for condonation of delay for companies restored on the Register of Companies between 01 December 2020 and 31 December 2020,  under section 252 of the Companies Act, 2013

Simplified analysis of Companies (Appointment and Qualification of Directors) Fifth Amendment Rules, 2020

December 22, 2020 1572 Views 0 comment Print

Simplified analysis of Companies (Appointment and Qualification of Directors) Fifth Amendment Rules, 2020 Amendment in Rule Amendment has been made in Rule 6- Sub rule 4 of Companies (Appointment and Qualification of Directors) Rules, 2014 Objective of amendment (a) To increase years to pass Online proficiency self-assessment test by Independent directors after inclusion of name […]

Comparative Analysis of Mandatory Committees under SEBI ( LODR) Regulations, 2015 and Companies Act, 2013

April 17, 2020 52539 Views 2 comments Print

Comparative Analysis of Mandatory Committees under SEBI (LODR) Regulations, 2015 and Companies Act, 2013 Introduction to Committees Committees can be said as a group of persons who work together for a common objective and perform a specific work requiring expertise knowledge.   With this Objective, Board Committees are formed to perform following functions- 1. To enhance […]

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