MCA has vide its order dated 24th March 2020 announced that CARO 2020 will applies, for the financial years commencing on or after the 1st April, 2020 instead of financial years commencing on or after the 1st April, 2019. Decision is been take considering recent Outbreak of Corona Virus. GOVERNMENT OF INDIA MINISTRY OF CORPORATE […]
In light of the recent market events pursuant to COVID 19, a need has been felt for temporary relaxations with respect to compliance requirements for Mutual Funds. Accordingly, SEBI has decided to grant the following relaxations specified in SEBI (Mutual Funds) Regulations, 1996
The amount of assistance received by the farmer or on account of the farmer from the Government Department has no bearing on the price and hence on the value of supply made by the applicant to the farmer and is not covered under section 15(2)(e) of the CGST Act, 2017.
In re NMDC Limited (GST AAR Karnataka) It is clearly evident from the aforesaid AAR Order that the authority has considered all the submissions and issued the proper order. Hence there is no error / apparent mistake on the face of the record, in the said order and hence the instant application is not valid […]
Neena Nigam, IRS posted at Rajasthan requested CBDT Chairman that instructions may be issued for complete shutdown of Income tax offices in Rajasthan and extend time barring date i.e. 31.03.2020 for all the proceedings in Income tax Act and to extend deadlines in other Acts implemented by the Income tax Department. Neena Nigam, IRS Principal […]
Insurance Regulatory and Development Authority Date:23-03-2020 PRESS RELEASE To prevent the spread of Covid-19, Government of India has initiated various measures. Several States have enforced lock-down in some areas. This may result in some disruption in the operations of insurance companies and other entities connected with insurance industry. To ensure proper service to policyholders and […]
Government of India Ministry of Commerce and Industry Department of Commerce Directorate General of Foreign Trade 23rd March, 2020 TRADE NOTICE NO. 58/2019-2020 To 1. Regional Authorities of DGFT 2. Customs Commissionarates 3. Members of Trade 4. Joint Secretary (Customs), CBIC, Department of Revenue. Subject: Modalities for import of 4 Lakh MT of Urad for […]
(1) The retail prices of Melt Blown non-Woven Fabric used in manufacturing masks (2ply & 3ply), shall not be more than the prices prevailing on the day one month prior to 13.03.2020 i.e. the prices prevailing on 12.02.2020. (2) The retail prices of masks (3ply surgical mask), shall not be more than the prices prevailing […]
Provided that where such registered person makes a Dynamic Quick Response (QR) code available to the recipient through a digital display, such B2C invoice issued by such registered person containing cross-reference of the payment using a Dynamic Quick Response (QR) code, shall be deemed to be having Quick Response (QR) code.
CBIC hereby notifies registered person, other than those referred to in sub-rules (2), (3), (4) and (4A) of rule 54 of the said rules, whose aggregate turnover in a financial year exceeds one hundred crore rupees, as a class of registered person who shall prepare invoice and other prescribed documents, in terms of sub-rule (4) of rule 48 of the said rules in respect of supply of goods or services or both to a registered person.
