Team Bizsol

DGFT: Condonation of delay in submission of installation certificate under EPCG Scheme provided so as to promote Ease of doing Business. [Public Notice No.22/2023 dated 13th July 2023]

DGFT: Introduction of a Searchable Database for Ad-hoc Norms fixed under Para 4.07 of HBP. [Trade Notice No.15/2023-24 dated 17th July 2023]  

CUSTOMS: Instructions issued w.r.t. Suspension of Licence of Customs Broker. [Instruction No.24/2023 dated 18th July 2023]

GST : Various clarifications issued vide GST Circulars as under: Particulars Circular No. Circular Date Clarification on charging of interest under section 50(3) of the CGST Act, 2017, in cases of wrong availment of IGST credit and reversal thereof. 192/04/2023-GST 17th July 2023 Clarification to deal with difference in Input Tax Credit (ITC) availed in …

GST : Various clarifications issued vide GST Circulars (18.07.2023) Read More »

GST : Extension of Amnesty Scheme for GSTR-10 Final Return non-filers but furnish the said return between the period from the 1st day of April 2023 to the 31st of Aug 2023 with waiver of late fees. [Notification No.25/2023-Central Tax dated 17th July 2023]

GST :  Extension of Amnesty Scheme for GSTR-9 Annual Return non-filers for the registered persons who fail to furnish Annual Return for any of the financial years 2017-18, 2018-19, 2019-20, 2020-21 or 2021-22, but furnish the said return between the period from the 1stday of April 2023 to the 31st of Aug 2023, the total …

GST : Extension of Amnesty Scheme for GSTR-9 Annual Return non-filers for the registered persons who fail to furnish Annual Return for any of the financial years 2017-18, 2018-19, 2019-20, 2020-21 or 2021-22. (18.07.2023) Read More »

GST: Extension of Amnesty Scheme for deemed withdrawal of assessment orders issued under Section 62 till 31st Aug 2023. [Notification No.24/2023-Central Tax dated 17th July 2023]

GST: Extension of time limit for application for revocation of cancellation of registration till 31st Aug 2023. [Notification No.23/2023-Central Tax dated 17th July 2023]

GST: Amnesty for GSTR-4 non-filers is extended till 31st Aug 2023. [Notification No.22/2023-Central Tax dated 17th July 2023]

GST: Extension of due date for furnishing FORM GSTR-1 for April, May and June 2023 for registered persons whose principal place of business is in the State of Manipur up to 31st July 2023. [Notification No.18/2023-Central Tax dated 17th July 2023]   Extension of due date for furnishing FORM GSTR-3B for April, May and June …

GST : Extension of due date for furnishing FORM GSTR-1, GSTR-3B for April, May and June 2023 for registered persons whose principal place of business is in the State of Manipur (18.07.2023) Read More »

The 50th GST Council meeting was held on 11th July 2023. Click here to read Updates:

Company Law: MCA Imposes Penalty for Delay in Filing Member’s Resolution & Explanatory Statement. [Order No. ROC-GJ/ADJ-Order/Sec. 454/ ALAG BRAINWORKS/2023-24/7875-7019 dated 5th July 2023]

Company Law: MCA Imposes Rs. 3 Lakh Penalty for Failure to Appoint Internal Auditor. [Order No. ROC-Guj/Adj. Order/Sec. 138/2023/1676 to 80 dated 4th July 2023]

Company Law: MCA Imposes Rs. 4 Lakh Penalty on Company for Failure to Maintain Registered Office. [Order No. ROC-GUAM-Order/Sec. 454/ Giriraj Ginning /Sec. 12/2023-24/1716 To 20 dated 4th July 2023]

FEMA/RBI: Master Circular on “Issuing & Listing Non-convertible & Municipal Securities, Commercial Papers”. [Master Circulars No. SEBI/HO/DDHS/PoD1/P/CIR/2023/119 dated 7th July 2023]