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IBBI amends Insolvency Resolution & Liquidation Process Regulations

March 29, 2018 1242 Views 0 comment Print

IBBI amends the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 and the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016

CBEC extends GST Refund on Export Fortnight till 31.03.2018

March 29, 2018 1041 Views 0 comment Print

In order to facilitate the sanction of refunds, the Central Board of Excise and Customs (CBEC) has decided to extend the Refund Fortnight and keep open all the Customs field formations on 29.03.2018, 30.03.2018 and 31.03.2018 even though these are holidays/ non-working days. Necessary administrative instructions have been issued in this regard.

Union Cabinet Decision on NFRA and ICAI Response

March 29, 2018 2421 Views 1 comment Print

Section 132 of Companies Act, 2013 provided for the creation of National Financial Reporting Authority (NFRA), and one post of Chairperson, three posts of full-time members and one post of Secretary of NFRA. Union Cabinet chaired by the Prime Minister recently approved the same while specifying the details such as pay scale and other terms and conditions vis-à-vis the posts of NFRA Chairman, full-time members and Secretary.

Let’s hear from Rank Holders of CS Foundation Programme

March 29, 2018 1425 Views 0 comment Print

What I achieved was impossible to do so without the guidance of my teachers, Support of my parents and help of my friends. This achievement is not my personal achievement but a result produced by group efforts of my teachers, family and friends. What I simply did was just respect and work in harmony with them and result just came in.

E-Way Bill: Important points for Supplier/Recipients of Goods

March 29, 2018 26688 Views 2 comments Print

E-Way Bill is mandatory from 1st April, 2018 for all Inter-State movement of goods. Till then e-way bill can be generated on voluntary basis. Register on e-way bill portal (http://ewaybillgst.gov.in) by using your GSTIN. Don’t wait till 1st April, 2018. Important Point to be noted by Supplier/Recipients of Goods > E-way bill for inter-State movement […]

Discussion paper on Share Buyback & Substantial Acquisition Regulations

March 29, 2018 1242 Views 0 comment Print

SEBI issues Discussion Paper on Review of SEBI (Buyback of Securities) Regulations, 1998 and SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

SEBI Decision on Recommendations of Kotak Committee

March 28, 2018 975 Views 0 comment Print

Securities and Exchange Boards of India PR No. 09/2018 SEBI Board Meeting The SEBI Board met in Mumbai today and took the following decisions: 1. Decision on the Recommendations of Kotak Committee on Corporate Governance 1.1. The Board considered the Kotak Committee recommendations and the public comments thereon. 1.2. The Board decided to accept several […]

Gujarat-Based Firm Moves HC against Denial of Transitional Credit (Read Petition)

March 28, 2018 8919 Views 0 comment Print

M/s Willowood Chemicals Pvt. Ltd. Vs Union of India (Gujarat High Court) Constitutional validity and vires of Second proviso to Section 140(1) of the Gujarat Goods and Services Tax Act, 2017; Constitutional validity and vires of Rule 117 of the Gujarat Goods and Services Tax Rules, 2017 and Form GST Tran-1 issued in relation thereto […]

Tamil Nadu exempts E-way Bill requirement for Intra-State Movement until further orders

March 28, 2018 16506 Views 0 comment Print

Commissioner of Tamil Nadu State Tax hereby declares that no e-way bill is required to be generated, for the intra-state movement within the State of Tamil Nadu in respect of value and goods notified in the rule 138 of the Tamil Nadu Goods and Service Tax Rules, 2017 until further orders.

Gujarat exempts E-way Bill requirement for Intra-State Movement till Compulsory enforcement by GST Council

March 28, 2018 11310 Views 0 comment Print

Commissioner of State Tax, Gujarat State hereby, on the recommendation of Council, notifies the whole of the territory of the state for which no e-way bill is required to be generated for intra- state movement of goods with effect from day of April, 2018 till the date on which the e-way bills are to be enforced for intra- state movement based on the timelines as per the decision of GST Council.

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