Podcast on “Exports: The future and the Impact with CMA Ashok Nawal, Founder, Bizsolindia Services Pvt. Ltd” ( September 2020)
Exports: The future and the Impact with CMA Ashok Nawal, Founder, Bizsolindia Services Pvt. Ltd
GST: Recovery interest on net cash tax liability w.e.f. 01.07.2017: CBIC F. No. CBEC- 20/01/08/2019-GST (21.09.2020)
GST: Recovery interest on net cash tax liability w.e.f. 01.07.2017: CBIC F.No. CBEC- 20/01/08/2019-GST Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs GST Policy Wing Room No. 159A, North Block, New Delhi, Dated: 18th September, 2020 To, The Principal Chief Commissioners/Chief Commissioners/Principal Commissioners/ Commissioners of Central Tax …
De-linking of Credit & Debit Notes have been implemented on GST portal / production (15.09.2020)
De-linking of Credit & Debit Notes have been implemented on GST portal / production API by GSTN. Going forward ,references to original invoices would not be required to be furnished for credit / debit notes.
Relaxation of additional fees and extension of last date of filing CRA -04 for FY 2019-20 (10.09.2020)
Relaxation of additional fees and extension of last date of filing CRA -04 for FY 2019-20
Extension of time for holding Annual General Meeting (08.09.2020)
Extension of time for holding Annual General Meeting
Custom appeals officers Jurisdiction for bill of entry or Goods warehousing-Reg. (07.09.2020)
Custom appeals officers Jurisdiction for bill of entry or Goods warehousing-Reg.
Undertaking Valuation Assignment in CIRP before Registering as valuer violates Model Code of Conduct (07.09.2020)
Undertaking Valuation Assignment in CIRP before Registering as valuer violates Model Code of Conduct
Valuers registered with IBBI under MCA Rules can only be appointed as IP (07.09.2020)
Valuers registered with IBBI under MCA Rules can only be appointed as IP
The Central Board of Indirect Tax & Customs has decided to roll out faceless assessment at an all India level (05.09.2020)
The Central Board of Indirect Taxes and Customs has decided to roll out the faceless assessment at an all India level in all ports of import and for all imported goods by Oct 31.This includes faceless or anonymized assessment, self-registration of goods by importers, automated clearances of bills of entry, digitization of Customs documents.
Article on ” Daughter and Law” by CS. R. Venkitachalam , Chairman , Bizsolindia Services Pvt Ltd. ( September 2020)
“Law is an ass. But the implementers and interpreters are not, as this case shows. Justice was no doubt delayed to the daughters; but let us be happy that it was not denied to them in the end.” The Supreme Court in a landmark judgment recently decreed that the rights of daughters are on par …
Bizsol Update (September 2020)
Bizsol Update for the month September 2020 Articles: “Options to EOU? Manufacture & Other Operations in Bonded Warehouse” by CMA Ashok Nawal, Founder Bizsolindia Services Pvt. Ltd. “Daughter and Law ” by CS. R. Venkitachalam, Chairman , Bizsolindia Services Pvt. Ltd. Changes in GST, FTP, Central Excise, Customs, Income Tax, Service Tax, MVAT, Company law, …
Article on “Options to EOU? Manufacture & Other Operations in Bonded Warehouse” by CMA Ashok Nawal, Founder Bizsolindia Services Pvt. Ltd. (September 2020)
New Foreign Trade Policy was expected w.e.f. 1st April 2020 addressing the issues, which was raised by USA against India before WTO Authority and WTO Authority have held the EPCG Scheme, DFIA Scheme, EOU Scheme and SEZ Scheme violating the principles of WTO. Albeit Govt of India have filed the appeal against the same and …
Government of Maharashtra fix the electricity duty shall be levied @ 7.50 percent of the consumption charges (28.8.2020)
The Government of Maharashtra has issued the notification under the MAHARASHTRA ELECTRICITY DUTY ACT, 2016 for fix the electricity duty shall be levied @ 7.50 percent of the consumption charges with effect from the billing month of August, 2020 for Industry. Existing rate is 9.30 %. Notification
Maharashtra Govt.has decided to temporarily reduce stamp duty on Flats (27.8.2020)
Maharashtra Govt.has decided to temporarily reduce stamp duty on Flats…
DGFT removed restriction on export of PPE medical coveralls (26.8.2020)
DGFT Vide Notification No: 29 dated 25.08.2020 has removed restriction on export of PPE Medical Coveralls & 2/3 ply surgical Masks & allowed export of N-95 and equivalent masks under monthly quote.
Extension of Annual General Meeting (AGM) for the FY 2019-20 (21.8.2020)
Clarification on Extension of Annual General Meeting (AGM) for the FY ended on 31.3.2020 General Circular No. 28/2020
