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Circulars

MAHARERA: Disclosure of Information regarding Project Professionals

November 26, 2018 1956 Views 0 comment Print

Under MAHARERA with objective of increasing transparency, accountability and ease in accessibility of information, it is proposed to capture the following details of the project professionals for each project:

Clarification for re-imports through Post

November 19, 2018 927 Views 0 comment Print

Certain references have been received seeking clarification as regards applicability of notification No. 45/17-Cus, and 46/2017-Cus, both dated 30th June 2017 to the reimports of goods which were earlier exported through Post.

Listed entities to disclose reasons for delay in financial result submission

November 19, 2018 1986 Views 0 comment Print

If any listed entity does not submit its financial results in accordance with the timelines specified in Regulation 33 of Listing Regulations, the listed entity shall disclose detailed reasons for such delay to the stock exchanges within one working day of the due date of submission for the results as required under Regulation 33.

Guidelines on Value Free Transfer (VFT) of Government Securities

November 16, 2018 2979 Views 0 comment Print

Value Free Transfer (VFT) of the government securities shall mean transfer of securities from one SGL/CSGL to another SGL/CSGL account, without consideration.

Disclosures of commodity risks & risk management activities by listed entities

November 15, 2018 2463 Views 1 comment Print

Regulation 34(3) read with clause 9(n) of Part C of Schedule V of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI LODR Regulations) mandates listed entities to make disclosures regarding commodity price risk and hedging activities in the Corporate Governance Report section of the Annual Report of a listed entity.

Processing of refund under the GST in Maharashtra

November 14, 2018 8847 Views 1 comment Print

Trade Circular 33T of 2018 explains Submission of invoices for processing of claims of GST refund, System validations in calculating GST refund amount,  Re-credit of electronic credit ledger in case of rejection of GST refund claim, Disbursal of GST refund amount after sanctioning by the proper officer, Status of GST refund claim after issuance of […]

Guidelines for Enhanced Disclosures by Credit Rating Agencies (CRAs)

November 13, 2018 1167 Views 0 comment Print

SEBI, vide Circular dated November 01, 2016, had prescribed the standard format for press release regarding rating action by CRAs. While CRAs are required to monitor and analyse the relevant factors that affect the creditworthiness of an issuer and discuss the same in the rating notes considered by the rating committee for assignment of ratings, such relevant factors may also be suitably incorporated in the press release regarding the rating action.

Uploading of Licenses/Permits/Certificates/Other Authorizations (LPCOs) by PGAs

November 13, 2018 2526 Views 0 comment Print

It is proposed to introduce a facility to upload digitally signed Licenses / Permits / Certificates / Other Authorizations (LPCOs) by Participating Government Agencies (PGAs) on eSANCHIT at all ICES locations across India from 16.11.2018.

Clarification on Taxability of natural gas under MVAT

November 13, 2018 9138 Views 0 comment Print

Sale of natural gas is liable to VAT @ 13.5% [Sch. Entry B-15]. However, with effect from 24th August 2017, natural gas sold to a manufacturer, certified by the Joint Commissioner of Sales Tax became liable to a lower rate of 3%, by virtue of a newly inserted schedule entry B-16 [Notfn. at reference 1], Benefit of this lower rate of 3% is available only if the purchasing manufacturing dealer is certified by the Joint Commissioner of Sales Tax in Proforma ‘A’.

Uploading of Supporting Documents (eSANCHIT) in Exports -reg.

November 8, 2018 4227 Views 0 comment Print

Once a Shipping Bill has been filed, Customs officers will be able to access the uploaded electronic versions of supporting documents while viewing or assessing the Shipping Bill on ICES. During assessment, ICES provides for a query to be raised in order to call for additional documents or information.

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