Exchange Rate of Foreign Currency relating to the Imported and Export Goods

In exercise of the powers conferred by Section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification of the Central Board of Indirect Taxes and Customs (CBIC) No.02/2019-CUSTOMS (N.T.), dated 3rd January, 2019 except as respects things done...
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Reduction in GST Rates/Exemptions on Services

Reduction in GST Rates GST rate on cinema tickets above Rs. 100 shall be reduced from 28% to 18% and on cinema tickets uptoRs. 100 from 18% to 12%.  GST rate on third party insurance premium of goods carrying vehicles shall be reduced from 18% to 12% Services supplied...
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Next Version of MCA21

Workshop: Industry consultation workshop with potential bidders (System Integrators and OEMs) The objective of the Workshop: Ideation with potential bidders of the next generation of the MCA21 application on: Better enforcement, with increased efficiency, through the...
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Unique Document Identification Number (UDIN) – ICAI

It has been noticed that financial documents/ certificates attested by third person misrepresenting themselves as CA Members are misleading the Authorities and stakeholder. ICAI is also receiving number of complaints of forged signatures. To curb the malpractices, the...
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Change in process of Incorporation of LLPs

Ministry of Corporate Affairs vide LLP (Second Amendment) Rules, 2018 dated 18.09.2018 brought manifolds changes in the process of incorporating LLP. 1. New form RUN-LLP Reserve Unique Name-Limited Liability Partnership (RUN-LLP).Form 1 has been replaced with RUN-LLP,...
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GSTR 9 & 9A – Annual Return

What is GSTR 9 & GSTR 9A  GSTR 9 is an annual return to be filed once in a year by the registered taxpayers under GST and composition taxpayers required to file GSTR9A. It consists of details regarding the supplies made and received during the year under different...
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RBI cancels Certificate of Registration of 30 NBFCs

The Reserve Bank of India, in the exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sr. No. Name of the Company Office Address CoR No. Issued On...
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