Notification & Circulars


Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Second Amendment) Regulations, 2020

 Notification No#No. IBBI/2019-20/GN/REG056     25 March 2020

*[TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY PART III, SECTION 4] PUBLISHED BY AUTHORITY NEW DELHI, THE 25 TH MARCH, 2020 INSOLVENCY AND BANKRUPTCY BOARD OF INDIA NOTIFICATION New Delhi, the 25th March, 2020 Insolvency and Bankruptcy Board of India (Insolvency Resolution Proc..

Posted in Corporate Law

Seeks to amend Notification No. 11/2017-Union Territory Tax (Rate) dt. 28.06.2017 reducing IGST rate on Maintenance, Repair and Overhaul (MRO) services in respect of aircraft from 18% to 5% with full ITC

 Notification No#02/2020-Union Territory tax(rate)     25 March 2020

[TO BE PUBLISHED IN THE GAZZETE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] Government of India Ministry of Finance (Department of Revenue) Notification No. 02/2020- Union Territory Tax (Rate) New Delhi, the 26th March, 2020 G.S.R......(E).- In exercise of the p..

Posted in GST

COVID-19: No closure of Stock Exchanges amidst outbreak notifies SEBI

 Notification No#sebi/covid-19/2020/01     24 March 2020

The Ministry of Home Affairs had issued an Order No. 40-3/2020-D dated March 24, 2020 in which various guidelines have been issued laying down the measures to be taken by the ministries and the departments of the Government of India, the State/ Union Territory Governments and State/ Union Territory ..

Posted in Shares & Stock

Amendment to Notification No.52/2003-Customs dated 31.03.2003 for extending exemption from IGST and compensation cess to EOUs on imports till 31.03.2021

 Notification No#16 /2020-Customs      24 March 2020

[TO BE PUBLISHED IN PART II, SECTION 3, SUB-SECTION (i) OF THE GAZETTE OF INDIA, EXTRAORDINARY] GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) Notification No. 16 /2020-Customs New Delhi, the 24th March, 2020 &n..

Posted in Custom

Notification under section 4 of the Insolvency and Bankrutpcy Code, 2016

 Notification No#CG-DL-E-24032020-218898     24 March 2020

MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 24th March, 2020 S.O. 1205(E).—In exercise of the powers conferred by the proviso to section 4 of the Insolvency and Bankruptcy Code, 2016 (31 of 2016), the Central Government hereby specifies one crore rupees as the minimum a..

Posted in Corporate Law

Special measures for companies and LLPs in view of COVID-19 outbreak

 Notification No#Circular No. 11 /2020      24 March 2020

General Circular No. 11 /2020  F. No. 2/1/2020-CL-V  Government of India  Ministry of Corporate Affairs  5th Floor. 'A' Wing, Shastri Bhawan,  Dr. R. P. Road, New Delhi-110001  Dated: 24th March, 2020  To  All Regional Directors,  ..

Posted in Corporate Law

MCA defers applicability of CARO 2020 to 1st April 2020 (FY 2020-21)

 Notification No#17/45/2015     24 March 2020

[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (ii)]  GOVERNMENT OF INDIA  MINISTRY OF CORPORATE AFFAIRS  ORDER  New Delhi, the 24th March, 2020  S.O.  In the order of the Government of India in the Ministry of Corporat..

Posted in Corporate Law

Seeks to extend due date for furnishing FORM GSTR-1 for registered persons whose principal place of business is in the erstwhile State of Jammu and Kashmir, and having aggregate turnover of more than 1.5 crore rupees in the preceding financial year or current financial year, for the month of October, 2019 and November, 2019 to February till 24th March, 2020.

 Notification No#22/2020-Central Tax      23 March 2020

[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)] Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes and Customs Notification No. 22/2020 – Central Tax New Delhi, the 23rd March, 2020 ..

Posted in GST

Seeks to extend due date for furnishing FORM GSTR-1 for registered persons whose principal place of business is in the erstwhile State of Jammu and Kashmir, by such class of registered persons having aggregate turnover of more than 1.5 crore rupees in the preceding financial year or current financial year, for each of the months from July, 2019 to September, 2019 till 24th March, 2020.

 Notification No#23/2020-Central Tax      23 March 2020

[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)] Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes and Customs Notification No. 23/2020 – Central Tax New Delhi, the 23rd March, 2020 ..

Posted in GST

Clarification on spending of CSR funds for COVID-19

 Notification No#Circular No. 10/2020      23 March 2020

General Circular No. 10/2020  No. 05/01/2019-CSR  GOVERNMENT OF INDIA  MINISTRY OF CORPORATE AFFAIRS  5th floor, A Wing, Shastri Bhawan,  Dr. R. P. Road, New Delhi- 110001  23.03.2020  To,  All Stakeholders,  Subject: Clarification on spe..

Posted in Corporate Law