CBIC issued clarification regarding availment of Input Tax Credit (ITC) for the period 01.04.2019 to 31.12.2021
Central Board of Indirect Taxes and Customs(CBIC) has issued Circular No.193/05/2023 to provide clarification regarding dealing with difference in Input Tax Credit […]
Govt. of Maharashtra issues Maharashtra Industry, Trade and Investment Facilitation Ordinance, 2023 to facilitate ease of doing business
With a view to create an effective Single Window System or delivery of services related to issuing of permissions required for establishing […]
Outcome of the 50th GST Council Meeting; procedure for verification in cases involving difference in input tax credit availed in FORM GSTR-3B vis a vis FORM GSTR-2A
GST Council conducted its 50th meeting in New Delhi. In the meeting, GST Council has recommended changes related to GST law and […]
NSDL has made amendments to Byelaws and Business Rules regarding penalties on Issuers and RTAs
National Securities Depository Limited (“NSDL”) has made amendments to Byelaws and Business Rules regarding penalties on Issuers and Registrar and Transfer Agents […]
Public comments invited on Consultation paper for ‘Regulatory Mechanism for Over-The-Top (OTT) Communication Services, and Selective Banning of OTT Services’ till 4th August, 2023
The Telecom Regulatory Authority of India (“TRAI”) has invited written comments on the Consultation Paper on “Regulatory Mechanism for Over-The-Top (OTT) Communication […]
Central Board of Indirect Taxes and Customs (CBIC) extends the effective date till 30th September, 2023 for making non-interest bearing deposit with the Government
Central Board of Indirect Taxes and Customs (CBIC) via Notification no. 49/2023 has extended the effective date for consideration of making following […]
MCA provides option for merging of multiple existing user IDs in V3 portal or deactivation of old user IDs in V2
Owing to transition of MCA-21 portal from Version 2 to Version 3, the Ministry of Corporate Affairs (“MCA”) has issued notification for […]
Public comments invited on the proposed Draft Central Motor Vehicle (Amendment) Rules, 2023 by Ministry of Road, Transport and Highways
The Ministry of Road, Transport and Highways has proposed the Draft Central Motor Vehicle (Amendment) Rules, 2023. Objections or suggestions may be […]
NPCI issues mandatory measures to be implemented on or before 31.12.2023 by Banks, PSPs, TPAPs for UPI
The National Payments Corporation of India (“NPCI”) has notified mandatory measures to be implemented by Banks, PSPs, TPAPs for UPI. These have […]
FSSAI extends the date of enforcement of requirement as to compulsory inclusion of a disclaimer on the front of pack of food labels.
Food Safety and Standards Authority of India (“FSSAI”) has further decided to extend the date of enforcement of sub-regulation (7) of Regulation […]
RBI proposes to issue instructions for Authorised Payment System Providers / Participants (Banks and Non-banks) on arrangements with Card Networks for issue of Debit, Credit and Prepaid Cards
The Reserve Bank of India (“RBI”) has published on its website draft circular on Arrangements with Card Networks for issue of Debit, […]
Commission for Air Quality Management issues revised Schedule for regulated operations of DG sets across all sectors in the NCR with effect from 01.10.2023
In continuation to what we reported earlier (please refer mail below), Commission for Air Quality Management in National Capital Region ( “Commission”) has […]