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Extend due date for GSTR 9 & 9C of Financial Year 2018-19

September 17, 2020 93306 Views 13 comments Print

Request to grant Extension for GSTR 9 & 9C – Financial Year 2018-19 from 30.09.2020 to 31.12.2020 on behalf of all the stakeholders of the country be its Professionals, CAs, CMAs, SME Industries, Big Companies, Associations or any advisors etc

Mutual Funds- Uniformity in applicability of NAV across various schemes

September 17, 2020 2052 Views 0 comment Print

It has been decided that in respect of purchase of units of mutual fund schemes (except liquid and overnight schemes), closing NAV of the day shall be applicable on which the funds are available for utilization irrespective of the size and time of receipt of such application.

Notification No. 45/2020-Customs (N.T./CAA/DRI), Dated: 17.09.2020

September 17, 2020 966 Views 0 comment Print

Notification No. 45/2020-Customs (N.T./CAA/DRI), Dated: 17.09.2020 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) (DIRECTORATE OF REVENUE INTELLIGENCE) New Delhi, the 17th September, 2020 Notification No. 45/2020-Customs (N.T./CAA/DRI) S.O. 3202(E).—In pursuance of notification No. 60/2015-Customs (N.T.), published vide number G.S.R. 453(E), dated 4thJune 2015 in Gazette of India, Extra-ordinary, Part-II, […]

Bill of Entry (Forms) (Amendment) Regulations, 2020

September 17, 2020 4785 Views 0 comment Print

These regulations may be called the Bill of Entry (Forms) (Amendment) Regulations, 2020. They shall come into force with effect from the 21st September, 2020.

CBIC notifies Rate of Exchange of Foreign Currencies wef 18.9.2020

September 17, 2020 1617 Views 0 comment Print

CBIC notifies Rate of Exchange of Foreign Currencies against India Rupees wef 18th September, 2020 vide Notification No. 88/2020-Customs (N.T.), Dated: 17th September, 2020. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) ***** Notification No. 88/2020-Customs (N.T.) New Delhi, dated the 17th September, 2020 26 Bhadrapada 1942 […]

Tenure of Company Law Committee extended upto 17.09.2021

September 17, 2020 810 Views 0 comment Print

In continuation of the Order of even no. dated 18.09.2019 (annexed herewith), the tenure of the Company Law Committee is hereby extended upto two years from the date of that order i.e. upto 17.09.2021.

Updates on GST e-invoicing

September 17, 2020 1935 Views 0 comment Print

1. Based on queries received from Trade and Industry in the recent past, the FAQs on e-invoicing were updated. CLICK HERE to access the revised FAQs ( www.gstn.org.in > e-invoice > FAQs). 2. Awareness and FAQ videos on e-invoicing are also made available at ‘e-invoice’ play list on GSTN’s YouTube Channel. More Help videos on using the e-invoice portal, […]

Extension of deadlines for various compliances under Companies Act

September 16, 2020 1668 Views 0 comment Print

After considering the various representations of stakeholders and the impact of COVID-19 pandemic, in order to facilitate defaulting companies to make a fresh start on a clean slate by filing documents required to be filed under the Companies Act, 2013

GST e-invoice/IRN System

September 16, 2020 5967 Views 0 comment Print

The GST Council, in its 37th meeting held on 20th September, 2019, approved introduction of electronic invoice (‘e-invoice’) in GST in a phased manner. Accordingly, steps have been initiated to introduce ‘e-invoicing’ for reporting of Business to Business (B2B) invoices, beginning from 1st January, 2020 on voluntary basis.

Reg. submission of disclosures along with financial statements by listed entities

September 16, 2020 1692 Views 0 comment Print

SEBI has advised that the issuer(s) of the listed CP shall disclose detailed data regarding previous due dates for repayment of principal of CPs/NCDs/NCRPS along with the payments of interest/dividend for NCDs/ NCRPS and whether the same has been paid or not, while submitting half yearly/annual financial statements to the Exchange. The disclosures should be done as per the provisions of Regulation 52(4)(d).

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