The Institute of company Secretaries of India has decided to postpone its Exams of June - 2020 session of Foundation, Executive and Professional Programme and Post Membership Qualification due to Covid-19 pandemic and lockdown. The Exams have been rescheduled to be Commenced from 6th…
Ministry of Corporate Affairs has, vide notification dated 29th April 2020, further extended for two months the last date for registration of Independent Directors in the Independent Directors Data Bank i.e. from 1st December to 30th June 2020. Revised rules now states that Every Individuals…
CBIC vide Notification No. 37/2020 – Central Tax Dated 28th April, 2020 has notified that Rule 87(13) of The CGST Rules, 2017 shall be applicable from 21st April 2020 Know every thing about functionality and FAQ Full text of the Notification: "In exercise of the…
HIGH COURT OF ALLAHABAD Jindal Pipes Limited. v. State of U.P. Full Facts: The Movement of Goods was for 980 Kilometers (Kms) however E-Way Bill stated 90 Kms. Goods seized after intercepted on 20th, August 2018. The petitioner deposited amount towards Tax and penalty…
The entrepreneurs at some point of time may have a requirement to convert to a private limited company due to various reasons. In this article, we will have a look as to how a LLP can be converted into a private limited company. Earlier there…
Relevant Legal Provisions Section 31(3)(f) of The CGST Act, 2017 | Requirement of Self-Generated Invoice “a registered person who is liable to pay tax under sub-section (3) or sub-section (4) of section 9 shall issue an invoice in respect of goods or services or both…
Case Study: Procedure to be followed for Activity of sending / taking the goods out of India for exhibition or on consignment basis (hereinafter referred to as said activity) for export promotion. Such goods sent / taken out of India crystallise into exports, wholly…
CBIC wide Circular No. 113/32/2019-GST Dated,11th October, 2019 has Clarified various Representations in respect of Classification and applicable GST rates on the following items: (i) Classification of leguminous vegetables such as grams when subjected to mild heat treatment Thus, it is clarified that such leguminous…