Notification & Circulars

Relaxation in timelines for compliance with regulatory requirements

Notification No#SEBI/HO/MIRSD/DOP/CIR/P/2020/191 01 October 2020

Securities and Exchange Board of India CIRCULAR SEBI/HO/MIRSD/DOP/CIR/P/2020/191 October 01, 2020 To, 1. All Recognised Stock Exchanges and Clearing Corporations (including those in International Financial Services Centres) 2. Trading members / Clearing Members through Stock ..

Posted in Investments & Personal Finance

Framework for monitoring of foreign holding in Depository Receipts

Notification No#SEBI/HO/MRD/DCAP/CIR/P/2020/190 01 October 2020

Securities and Exchange Board of India CIRCULAR SEBI/HO/MRD/DCAP/CIR/P/2020/190 October 01, 2020 To, 1. All recognized Stock Exchanges 2. All recognized Depositories 3. All recognized Custodians Dear Sir / Madam, Subject: Framework for monitoring of foreign holdi..

Posted in Investments & Personal Finance

Exclusion of “Allahabad Bank” from the Second Schedule to the Reserve Bank of India Act, 1934 and cessation as banking company

Notification No#RBI/2020-21/44 DOR.No.Ret.BC.17/12.07.150/2020-21 30 September 2020

RBI/2020-21/44 DOR.No.Ret.BC.17/12.07.150/2020-21 September 30, 2020 All Banks Madam/Sir Exclusion of “Allahabad Bank” from the Second Schedule to the Reserve Bank of India Act, 1934 and cessation as banking company We advise that “Allahabad Bank” has been exc..

Posted in Community & General

Seeks to amend notification no. 13/2020-Central Tax dt. 21.03.2020.

Notification No#Notification No. 70/2020 – Central Tax 30 September 2020

MINISTRY OF FINANCE (Department of Revenue) CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS Notification No. 70/2020 – Central Tax New Delhi, the 30th September, 2020 G.S.R. 596(E).— In exercise of the powers conferred by sub-rule (4) of rule 48 of the Central Goods and Servi..

Posted in GST

CBIC has extended the due date for GSTR-9 and GSTR 9C for 2018-19 from 30.09.2020 to 31.10.2020

Notification No#Notification No. 69/2020 – Central Tax 30 September 2020

MINISTRY OF FINANCE (Department of Revenue) CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS Notification No. 69/2020 – Central Tax New Delhi, the 30th September, 2020 G.S.R. 595(E). - In exercise of the powers conferred by sub-section (1) of section 44 of the Central Goods and Serv..

Posted in GST

Extension of CGST exemption on services by way of transportation of goods by air or by sea from customs station of clearance in India to a place outside India, by one year i.e. upto 30.09.2021.

Notification No#Notification No. 04/2020 – Central Tax (Rate) 30 September 2020

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) Notification No. 04/2020 – Central Tax (Rate) New Delhi, the 30th September, 2020 G.S.R. 604(E).—In exercise of the powers conferred by sub-section (3) and (4) of section 9, sub- section ..

Posted in GST

Extension of UTGST exemption on services by way of transportation of goods by air or by sea from customs station of clearance in India to a place outside India, by one year i.e. upto 30.09.2021

Notification No#Notification No. 04/2020 – Union Territory Tax (Rate) 30 September 2020

Ministry of Finance (Department of Revenue) (Central Board of Indirect Taxes and Customs) Notification No. 04/2020 – Union Territory Tax (Rate) New Delhi, the 30th September, 2020 G.S.R. 606(E).— In exercise of the powers conferred by sub-section (3) and (4) of ..

Posted in GST

Exclusion of “Andhra Bank” and “Corporation Bank” from the Second Schedule to the Reserve Bank of India Act, 1934 and cessation as banking company

Notification No#RBI/2020-21/45 DOR.No.Ret.BC.18/12.07.150/2020-21 30 September 2020

RBI/2020-21/45 DOR.No.Ret.BC.18/12.07.150/2020-21 September 30, 2020 All Banks Madam/Sir Exclusion of “Andhra Bank” and “Corporation Bank” from the Second Schedule to the Reserve Bank of India Act, 1934 and cessation as banking company We advise that &ldq..

Posted in Community & General

Central Goods and Services Tax (Eleventh Amendment) Rules, 2020

Notification No#72/2020–Central Tax 30 September 2020

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) Notification No. 72/2020–Central Tax New Delhi, the 30th September, 2020 G.S.R. 603(E).—In exercise of the powers conferred by section 164 of the Central Goods and Services Tax Act, ..

Posted in GST

Implementation of requirement of Dynamic QR Code on B2C invoices deferred to 1st December 2020

Notification No#Notification No. 71/2020–Central Tax 30 September 2020

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) Notification No. 71/2020–Central Tax New Delhi, the 30th September, 2020 G.S.R. 602(E).—In exercise of the powers conferred by sixth proviso to rule 46 of the Central Goods and Services T..

Posted in GST