MCA notifies that form INC-23 to be revised with effect from 28th September 2019
The Ministry of Corporate Affairs on 28th September, 2019 has announced on its website that the Form INC-23 is likely to be revised on MCA21 Company Forms download page which shall be effective from 28th September, 2019. Therefore, stakeholders are advised to check the latest version before filing.
Key highlights of GST Council 37th Meeting (procedure related)
The Central Board of Direct Taxes on September 20th 2019 has given recommendation in its 37th meeting to simplify the GST filing procedure. Recommendation has been made to relax the MSMEs from filing annual returns for Financial Year (FY) 2017-18 and FY 2018-19.
Government of Puducherry issues Draft on Puducherry Factories (Amendment) Rules, 2019
The Labour Department of Puducherry in its notification dated 9th August, 2019 has issued Draft on Puducherry Factories (Amendment) Rules, 2019 and suggestions have been invited.
The draft amendment proposes to make the personal protective equipment mandatory and prescribes the equipment specific to the hazard. The amendment also seeks to provide sanitary napkins and disposable bins in the women’s washroom.
CBDT Extends due date for Tax Audit Report and ITR for FY 2018-2019 by 1 month
CBDT on 26th September, 2019 has extended the September 30th deadline by a month for filing of income tax returns (ITRs) for special cases requiring audit reports. The new deadline is October 31, 2019.
CBIC notifies certain Rules of CGST 4th Amendment Rules, 2019
The Central Board of Indirect taxes & Customs (CBIC) has notified 24th September 2019 as effective date for the amended provisions of rules 10, 11, 12 and 16 of Central Goods and Service Tax (Fourth Amendment) Rules, 2019. word “Payment advice” has been substituted by “payment order”. It means that the Proper Officer will issue payment order instead of payment advice for GST refunds from 24th September, 2019.
DGFT Develops online platform for filing and issuance of Preferential Certificate of Origin
DGFT in its trade notice dated 19th September 2019 has notified a new online platform for issuance of preferential Certificate of Origin (CoO) for all export products in order to provide an electronic, paperless, contactless platform for the CoO application process.
Online pollution certificate mandatory in Odisha from 1st October 2019
The Odisha State Transport Authority through a notification dated 23rd September, 2019 has banned issuance of manual certificate by vehicle pollution testing units from 30th September, 2019. The vehicle owners shall obtain the emission test certificate generated online through VAHAN database from 1st October, 2019 and can show the online PUC certificate in an electronic […]
FSSAI issues clarification on mandatory Food Safety Audit
The Food Safety and Standards Authority of India has issued an advisory on 24th September 2019, clarifying its previous notification dated 13th August 2019 relating to mandatory Food Safety Audit of food business holding central license.
Audit shall be conducted by 31st December, 2019 by all food business involved in manufacturing and processing.
Listed entities to submit Unpaid Dues Report with Draft amalgamation Scheme
SEBI through a circular dated 12th September, 2019 has amended circular dated 10th March, 2019 which specified that all listed entities shall submit few specified documents to stock exchange for obtaining observation letter.
SEBI has mandated all the listed entities to submit a “report on the unpaid dues” along with draft scheme of arrangement/ amalgamation to stock exchange.
FSSAI issues letter to keep a check on health supplement labelling defects
The Food Safety and Standards Authority of India through its letter dated 18th September, 2019 has requested all the food business operators to keep check on labelling defects on health supplement or nutraceutical products. Several reports were received that nutraceutical/ health supplement products that have gelatine shells or contain ingredients of animal origin are depicting the green dot on their packaging. It shall be considered as misbranding or labelling defect.
