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Notifications/Circulars

Amendment in Export Policy of Personal Protection Equipment / Masks

January 31, 2020 5640 Views 0 comment Print

Export of all varieties of personal protection equipment including Clothing and Masks used to protect the wearer from air borne particles and/or any other respiratory masks or any other personal protective clothing Including Coveralls (Class 2/3/4) and N95 masks] under the above mentioned ITC HS Codes is hereby ‘Prohibited’ with immediate effect till further orders […]

Govt designates special Court for 2G Scam Money Laundering cases

January 31, 2020 687 Views 0 comment Print

Central Government designates the Court of Special Judge (Prevention of Corruption Act) (Central Bureau of Investigation)-09, Rouse Avenue Court Complex, New Delhi of Shri Ajay Kumar Kuhar, Delhi Higher Judicial Services as Special Court for dealing with and trial of offence of the Money Laundering under the Prevention of the Money Laundering Act, 2002 (PMLA, […]

Govt appoints M. Ajit Kumar as new CBIC Chairman two day before Budget

January 30, 2020 1413 Views 0 comment Print

The Appointments Committee of the Cabinet (ACC) has approved the appointment of Shri M. Ajit Kumar IRS(C&CE:84) as Chairman Central Board of Indirect Taxes and Customs (CBIC)

Date of filing AoC-4 NBFC (Ind AS) and AoC-4 CFS NBFC (Ind AS)

January 30, 2020 1743 Views 0 comment Print

General Circular No. 02/2020- MCA extend the last date for filing of AoC-4 NBFC (Ind AS) and AoC-4 CFS NBFC (Ind AS) for all eligible companies for the FY 2018-19, without payment of additional fee till 31st March, 2020. General Circular No. 02/2020 F. No. 1/ 19/2013-CL-V-Part III Government of India Ministry of Corporate Affairs To, All […]

Companies (Accounts) Amendment Rules, 2020

January 30, 2020 7371 Views 0 comment Print

MCA notifies vide ‘Companies (Accounts) Amendment Rules, 2020′ that Every Non-Banking Financial Company (NBFC) that is required to comply with Indian Accounting Standards (Ind AS) shall file the financial statements with Registrar together with Form AOC-4 NBFC (Ind AS) and the consolidated financial statement, if any, with Form AOC-4 CFS NBFC (Ind AS). It also […]

Section 460 of Companies Act 2013 made applicable to LLP

January 30, 2020 5058 Views 0 comment Print

Government directs that provisions of section 460 of the Companies Act, 2013 (Condonation of Delay by Central Government in certain cases) shall apply to a limited liability partnership from the date of publication of this notification in the official Gazette. GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS New Delhi, the 30th Jan, 2020 NOTIFICATION G.S.R. […]

How to deal with third party assets in custody of financial service providers in Liquidation

January 30, 2020 1371 Views 0 comment Print

MCA notifies the manner of dealing with the third party assets in custody or possession of financial service providers by the Administrator appointed under Insolvency and Bankruptcy (Insolvency and Liquidation Proceedings of Financial Service Providers and Application to Adjudicating Authority) Rules, 2019. MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 30th January, 2020 S.O. 464(E).— […]

Revision of All Industry Rates (AIRs) of Duty Drawback wef 04.02.2020

January 30, 2020 6984 Views 0 comment Print

Government notified revised rates of Duty Drawback, also referred to as All Industry Rates (AIRs), vide Notification No. 07/2020-Customs (N.T.) dated 28.01.2020 which will come into force on 04.02.2020.  Salient features of the revised rates of Duty Drawback are explained by Circular No. 06/2020-Customs dated 30th January, 2020. Circular No. 06/2020-Customs F. No. 609/11/2020-DBK Government […]

All about filing of Appeal Applications under MVAT and CST Act

January 30, 2020 17082 Views 0 comment Print

Manual filing of Appeal Applications, is being replaced by online automated filing of Appeal Applications under VAT and CST Act. After the Go Live of Assessment Module, Appeal Module is being rolled out.

Govt. organisations under compulsory CAG audit exempt from FCRA

January 30, 2020 4320 Views 0 comment Print

Central Government exempts all the Government organisations from the operation of all the provisions of Foreign Contribution (Regulation) Act, 2010 with effect from 30th January, 2020 if such organisations are under compulsorily audited by the Comptroller and Auditor General of India (CAG). MINISTRY OF HOME AFFAIRS ORDER New Delhi, the 30th January, 2020 S.O. 459(E). Whereas […]

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