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Govt appoints 28 new Judicial and Technical Members in NCLT

September 20, 2019 3069 Views 0 comment Print

Central Government appoints 28  persons as Judicial and Technical Members in the National Company Law Tribunal for a period of three years or till the attaining the age of sixty-five years, whichever is earlier. MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 20th September, 2019 S.O. 3412(E).—In exercise of the powers conferred by section 408 of […]

Classification of goods not alter on account of supply to Railways

September 19, 2019 2703 Views 0 comment Print

The filters are classifiable under HSN Heading 8421. The classification of the goods shall not alter on account of supply by distributor to Railways.

SEBI (Buy-Back of Securities) (Second Amendment) Regulations, 2019

September 19, 2019 2484 Views 0 comment Print

Securities and Exchange Board of India (Buy-Back of Securities) (Second Amendment) Regulations, 2019 shall come into force on the thirtieth date day from date of their publication in the Official Gazette.

HC allows petitioner to file TRAN-2, not filed due to technical glitches

September 19, 2019 1329 Views 0 comment Print

M/s. Baril Marketing Pvt. Ltd. Vs Union of India and 5 Ors. (Gauhati High Court) This Court is of the view that if there is a provision made for filing returns electronically and if because of certain technical glitches uploading could not be done in time, on that ground the concerned individual or firm ought […]

HC allows Petitioner to rectify GST Returns (GSTR-1 & GSTR-3B)

September 19, 2019 1842 Views 0 comment Print

Petitioner-Assessee has to file his annual return for the Assessment Year 2017-18 by 31.8.2019 under the CGST and HGST. However, it is handicapped on account of inadvertent mistakes/errors having occurred while filing statutory fowls GSTR-1 and GSTR-3B, which can be corrected in view of legal provisions, however, same are not being accepted by official portal of the department.

GST not payable on drilling bore wells and their energisation for Govt entities

September 18, 2019 23223 Views 1 comment Print

It could be seen from the above that the function of implementation of individual irrigation works has been entrusted to the Taluk Panchayat. The activity of drilling bore wells and their energisation, involved in the supply of the applicant is clearly in relation to the said function entrusted to the panchayat by Government of Karnataka, stipulated under Article 243 G of the Constitution of India. Thus the third condition is also satisfied.

Correction Window for CA Exams, Nov 2019 Extended to 18-09-2019

September 18, 2019 684 Views 0 comment Print

Candidates who had applied for Chartered Accountant Examinations i.e. Foundation Course {Under New Scheme}, Intermediate (IPC) {Under Old Scheme}, Intermediate {Under New Scheme} and Final {Under Old & New Scheme} scheduled from 1st to 18th November, 2019 may kindly note that they can change their Examination City / Group / Medium through Correction Window from 12.9.2019 (11 Hrs) to 18.09.2019 on icaiexam.icai.org.

Start-Up – A Growth Engine For Economy

September 17, 2019 1419 Views 0 comment Print

Start-up India is a flagship initiative, launched by government in January 2016, within the ambit of the ‘Make in India’ programme. Start-up India was brought in with the intention to build a strong eco-system for promoting innovation, improve sustainable economic growth and to generate large scale employment opportunities.

GST on amount collected by RWA from members for setting up corpus fund

September 17, 2019 29031 Views 0 comment Print

In re M/s Vaishnavi Splendour Home Owners Welfare Association (GST AAR Karnataka) i. Whether the applicant is liable to pay CGST and SGST on the amount of contribution received from its members? The applicant is liable to pay CGST and SGST on the amount of contribution received from its members as their activities of amounts […]

AAR on GST on Maintenance, Electricity Charges etc. charged by Housing Society

September 17, 2019 25713 Views 4 comments Print

In re M/s Prestige South Ridge Apartment Owners’ Association (GST AAR Karnataka) Question 1) Whether the activity of procuring Goods and Services from third parties for upkeep and maintenance of Apartments and collecting the monies from its members to pay third party vendors is an activity liable to GST? Answer 1. The activity of procuring […]

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