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Notifications/Circulars

Second DIN Obtained: Section 155 Violated- MCA Imposes Penalty

August 23, 2024 549 Views 0 comment Print

Sunil Kumar Sharma fined ₹1,60,640 for violating Section 155 of Companies Act, 2013 by holding multiple DINs. Penalty details and appeal info included.

New RCM Liability/ITC Statement on GST Portal

August 23, 2024 11115 Views 0 comment Print

GST introduces RCM Liability/ITC Statement for accurate RCM reporting. Deadline for opening balance is 31st Oct 2024, with amendments allowed until 30th Nov 2024.

Advisory for furnishing bank account details before filing GSTR-1/IFF

August 23, 2024 3849 Views 0 comment Print

From Sept 2024, taxpayers must update valid bank account details in GST registration to file GSTR-1/IFF for Aug 2024 onwards. Non-compliance will block filings.

Unit of Measurement for Food Wrapping Paper and Foils

August 23, 2024 363 Views 0 comment Print

Govt seeks feedback on labeling food wrapping paper and aluminum foils in both weight (kg) and size (meter x meter) for accurate consumer information.

Revised Duty Drawback Rates for Gold and Silver Jewelry

August 23, 2024 807 Views 0 comment Print

The Indian government amends duty drawback rates for gold and silver jewelry with Notification No. 55/2024-Customs (N.T.), effective August 23, 2024.

Appeal Dismissed: IBBI Refuses to Disclose Insolvency Exam Papers

August 23, 2024 225 Views 0 comment Print

IBBI denies an RTI appeal seeking Limited Insolvency Examination question papers, citing confidentiality and competitive fairness as reasons under Section 8(1)(d) of the RTI Act.

India Imposes Anti-Dumping Duty on CPVC from China and Korea

August 23, 2024 1212 Views 0 comment Print

India extends anti-dumping duty on CPVC imports from China and Korea for five years to protect domestic industry from unfair pricing.

Streamlining of the first-time importer mapping with regards to DPD facility

August 23, 2024 336 Views 0 comment Print

Streamlining DPD registration for first-time importers at JNCH with updated verification via Advait. Previous notices modified; contact DPD Cell for issues.

Failure to register charges on secured assets: MCA imposes Penalty

August 23, 2024 513 Views 0 comment Print

The Ministry of Corporate Affairs imposes penalties on Cryo Scientific Systems Pvt Ltd and its director for non-compliance with Section 77 of the Companies Act, 2013.

Failure to Maintain Registered Office, Section 12(1) Violation: MCA levied Penalty

August 23, 2024 7593 Views 0 comment Print

Sonal International Ltd penalized under Section 12(1) of the Companies Act, 2013 for failing to maintain a registered office. Penalty imposed by ROC Gujarat.

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