The contours of corporate governance get pronounced from all meetings of big, medium or small industrial forum. Some of them claim its success while some others portray it as a villain. But corporate governance has, however, come to occupy a prominent position and the time has come to compare its strength in U.S.A., its origin […]
Implications on input tax credit (ITC) on account of non-payment to supplier within 180 days Second proviso to section 16(2) of the CGST Act provides that where the amount towards value of supply along with tax payable thereon is not paid to the supplier within 180 days from the date of issue of invoice, an […]
Central Government vide Notification No. 16/2020 Dated March 23, 2020 has amended the definition of Zero-rated export of goods for the purpose of claiming of refund on the ITC u/s 89(4) of the CGST Rules, 2017. CHAPTER X of the CGST Rules, 2017 provides the provision and procedure related to the refund under the GST regime.
Gold has traditionally been a major investment product available for the generations upto our parents. Even in the present era where various financial products available, financial planners advise investment of certain percentage in gold for diversification. Indian and specially females, are obsessed with gold, a major part of which is imported. Due to import of […]
GST defines Export as Zero-rated Supply. Under Section 16 of the IGST Act, 2017, ‘Zero rated supply’ means any of the following supplies of goods or services or both, namely: a) export of goods or services or both; or b) supply of goods or services or both to a Special Economic Zone developer or a […]
OECD develops database to provide insights on Global profiles of Multinational Enterprises (MNEs) 1. Background Multinational Enterprises (MNEs) have been at the forefront of changes in the global economy over the last few decades, as trade and investment barriers have been removed and transportation and communication costs have declined. In a world of global value […]
CBIC has issued clarification through press release dated 23.04.2018 for requirement of e-way Bill for Bill To Ship To model for supplies of goods. Prior to this clarification trade & industry was facing a lot of practical challenges and implementation issues which requires a lot of real-time coordination was sought prior to the movement of goods.
Government of India changes FDI Rules to curb opportunistic takeovers of Indian Companies. Change in Foreign Direct Investment (FDI) policy for curbing opportunistic takeovers/acquisitions of Indian companies due to the current COVID-19 pandemic During the ongoing global pandemic of COVID—19, stock markets across the world had crashed. Indian markets were not an exception to this. […]
Ashutosh Gupta and Gaurav Rana MOOT QUESTION VI, CAN A LIQUIDATOR AND RP INITIATE CIRP AGAINST OTHER CORPORATE DEBTOR. Insolvency and Bankruptcy Code (Amendment) Ordinance, 2019 (“Ordinance”) promulgated on 28th December, 2020, has not only brought, changes in respect to home buyers but also clarity in respect to powers and rights as entrusted upon the […]
Environment, Health and Safety Assessment (EHS Assessment) in general, called and known as ‘Environmental Audit’. Environment safety has been a major concern in previous says giving rise to need of environmental audit in all the organizations. Environmental audit is one of the areas of environmental awareness. In this article, through various slides in succeeding pages, […]
