HIGH COURT ORDERS OPENING OF TRAN-1 PORTAL BY JUNE 19, 2020 Vide its order dated May 05, 2020, in the case of M/s Brand Equity Treaties Limited, Hon'ble Delhi HC held that time limit provided in Rule 117 is directory, and not mandatory. It was…
Due to COVID-19 outbreak there if Global Financial Crunch, government is giving various opportunities for finance through various schemes for MSME but there is financial crunch to big organizations also what about them. In this Write up I am going to elaborate major sources of…
DECODING MCA SCHEME FOR RELAXATION OF CHARGES MCA vide General Circular no. 23/ 2020 dated 17th June, 2020 has issued Scheme for relaxation of time for filing forms related to creation or modification of charges under the Companies Act, 2013 for all Companies Registered with…
Hon'ble Calcutta High Court, in the case of M/s SMVD Polypack Limited v. Commissioner of CGST and CX, Kolkata North Commissionerate & Ors. vide its order dated June 11, 2020 directed Department to accept the TRAN-01 in manual form, where the portal for filing the…
CBIC launched the e-Office application CBIC Begins Using e-Office in all CGST and Customs offices “The e-Office is a Mission Mode Project (MMP) under the National e-Governance of India.” Chairman of Central Board of Indirect Taxes and Customs (CBIC) has launched remotely the e-Office application…
Opt Out The students (who have already submitted online examination application for May 2020 Examination cycle) shall be allowed to OPT-OUT and carry forward their candidature to next examination i.e. November, 2020 examination cycle. In this case, the examination fees and exemption, if any, of…
NOTIFICATIONS Extension in validity of e-way bill generated in terms of Rule 138 of CGST Rules Validity of e-way bill generated (in terms of Rule 138 of CGST Rules) on or before March 24, 2020 and whose validity has expired on or after March 20,…
INTRODUCTION Composition in dictionary meaning: the nature of something’s ingredients or constituents; the way in which a whole or mixture is made up. The word “composition” comes from the Latin, meaning “put together”. It is a feature of Indirect Tax laws that in order to…