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CVD Investigation on imports of Aluminum Primary Foundry Alloy Ingot from Malaysia

December 24, 2020 1299 Views 1 comment Print

(Case No. O.I. (CVD) 07/2020) Initiation of Countervailing Duty/Anti-Subsidy investigation concerning imports of Aluminum Primary Foundry Alloy Ingot originating in or exported from Malaysia.

Form No. SH-7- Notice to Registrar of any alteration of share capital

December 24, 2020 44148 Views 0 comment Print

MCA amends FORM NO. SH-7 – Notice to Registrar of any alteration of share capital vide Notification No. G.S.R. 794(E) dated 24.12.2020 and Companies (Share Capital and Debentures) Second Amendment Rules, 2020. Form is notified Pursuant to section 64(1) of the Companies Act, 2013 and pursuant to rule 15 of the Companies (Share Capital and […]

Myths vs. Facts on CGST Notification to curb Fake invoice frauds

December 23, 2020 2772 Views 0 comment Print

in order to curb the GST fake invoice frauds the Government on the recommendations of the GST Council’s Law Committee has issued notification to deal with the menace of fraudsters who avail and pass on ineligible ITC by fake or fly-by night firms.

RBI Cautions against unauthorised Digital Lending Platforms/Mobile Apps

December 23, 2020 621 Views 0 comment Print

There have been reports about individuals/small businesses falling prey to growing number of unauthorised digital lending platforms/Mobile Apps on promises of getting loans in quick and hassle-free manner.

Filing of reporting to Stock Exchanges for violations of Insider Trading Regulations, relating to Code of Conduct

December 23, 2020 5424 Views 0 comment Print

In order to ease the filing of Reporting for violations of Code of Conduct (CoC), the Exchange has now provided a facility in the Listing Centre for filing by the listed companies. The path for this filing in the BSE Listing Centre is as follows:

Anti-dumping investigation on imports of Flat Rolled Products of Stainless Steel

December 23, 2020 8016 Views 0 comment Print

Case No. OI-10/2019 Anti-dumping investigation concerning imports of Flat Rolled Products of Stainless Steel originating in or exported from China PR, Korea RP, European Union, Japan, Taiwan, Indonesia, USA, Thailand, South Africa, UAE, Hong Kong, Singapore, Mexico, Vietnam and Malaysia.

Measures recommended by GST Council to curb fake dealers/invoice rackets

December 23, 2020 2355 Views 0 comment Print

Measures recommended by GST Council to curb fake dealers/invoice rackets notified – In-Person Verification Must For GST Registration. Identification of bogus dealers through data analytics and suspension. Mandatory 1% GST payment for those risky dealers and fly-by-night operators who show unusual large turnovers and have no financial credibility

Central Goods and Services Tax (Fourteenth Amendment) Rules, 2020

December 22, 2020 115818 Views 0 comment Print

(1) These rules may be called the Central Goods and Services Tax (Fourteenth Amendment) Rules, 2020. (2) Save as otherwise provided in these rules, they shall come into force on the date of their publication in the Official Gazette.

Late fees for delay in furnishing of FORM GSTR-4 waived for Ladakh dealers

December 22, 2020 1590 Views 0 comment Print

Late fee payable for delay in furnishing of FORM GSTR-4 for the Financial Year 2019-20 under section 47 of the said Act, from the 1st day of November, 2020 till the 31st day of December, 2020 shall stand waived for the registered person whose principal place of business is in the Union Territory of Ladakh. […]

GST- Govt notifies 9 Sections of Finance Act, 2020 wef 01.01.2021

December 22, 2020 12420 Views 0 comment Print

Government notifies Sections 119,120,121,122,123,124,126,127 and 131 of Finance Act, 2020 (12 of 2020) related to GST w.e.f 1st January 2021 vide Notification No 92/2020-Central Tax dated 22nd December 2020. Details of such amendment with reference to CGST Act, 2017 is as follows:- Section 10 of CGST Act, 2017- Composition Scheme In section 10(2) of the […]

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