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22Mar, 2024
GST Update:

Registration is on for DVAT Dealers to GST from 16 December to 31st December 2016. Documents Required For GST Registration:

1. PAN Card of business entity

2. Proof of constitution

3. Proof of place of business.

4. Bank statement

5. Authorized signatory details

6. Photograph of the Authorized sign

7. Copy of registration certificates

All documents to be scanned and uploaded at www.gst.gov.in in the pdf format.

22Mar, 2024
MCA UPDATES: 08.12.2016

Companies (Transfer of Pending Proceedings)

Rules 2016: http://www.mca.gov.in/…/CompaniesTransferofPending…

Clarification regarding due date of transfer of shares to IEPF Authority*: http://www.mca.gov.in/Ministry/pdf/Gcircular15_08122016.pdf

Relaxation of additional fees on Annual filing upto 31.12.2016 – in the State of J&K*: http://www.mca.gov.in/…/General_Circular_14-2016…

Commencement notification dated 07.12.2016:* http://www.mca.gov.in/…/pdf/commencementnotif_08122016.pdf

WWW.MCA.GOV.IN

www.mca.gov.in

22Mar, 2024
Stakeholders may please note that there will be no extension of last date beyond 29th Nov 2016 for filing financial statements and Annual Returns under the Companies Act, 2013 using eforms AoC-4/AoC-4 (XBRL)/AoC-4 CFS or MGT-7 as the case may be without payment of additional fee. Additional fee as applicable from the next day of the original due date of the forms shall become payable from 30th November 2016. Stakeholders are requested to plan accordingly and not wait till the last date for filing the said forms.
22Mar, 2024
GST Update:

A 4-tier GST tax structure of 5, 12, 18 and 28 per cent, with lower rates for essential items and the highest for luxury and de-merits goods that would also attract an additional cess, was decided by the all- powerful GST Council today.

With a view to keeping inflation under check, essential items including food, which presently constitute roughly half of the consumer inflation basket, will be taxed at zero rate.

The lowest rate of 5 per cent would be for common use items while there would be two standard rates of 12 and 18 per cent under the Goods and Services Tax (GST) regime targetted to be rolled out from April 1, 2017.