The Reserve Bank of India (“RBI”) vide Circular dated October 29, 2015 has issued directions in view of the Hon’ble Supreme Court interim order in the matter of Bar Council of India v. A.K. Balaji & Ors. [1] ***** https://rbidocs.rbi.org.in/rdocs/notification/PDFs/N215E86D7F3C1210426BAB4098428B1E3531.PDF [1] The Hon’ble Supreme Court vide its interim orders dated July 4, 2012 and September … Continue reading NO FRESH PERMISSION/ RENEWAL OF PERMISSION TO LOS OF FOREIGN LAW FIRMS- SUPREME COURT’S DIRECTIONS
Month: October 2015
Relaxation of additional fees and extension of last date of filing of AOC-4, AOC”4 XBRL and MGT-7 E-Forms under the Companies Act, 2013
The Ministry of Corporate Affairs (“MCA”) vide General Circular No.74/2015 dated October 28, 2015 has decided to relax the additional fee payable on Forms AOC-4 and AOC-4 XBRL upto November 30, 2015. The additional fee requirement for MGT-7 E-Form is also relaxed for all such forms filed till November 30, 2015, wherever additional fee is … Continue reading Relaxation of additional fees and extension of last date of filing of AOC-4, AOC”4 XBRL and MGT-7 E-Forms under the Companies Act, 2013
SERVICE TAX LEVY ON SERVICES PROVIDED BY A GOODS TRANSPORT AGENCY Re: Circular No.186/5/2015-ST dated October 05, 2015
BACKGROUND As we know the Goods Transport Agency (GTA) services are taxable under the Finance Act, 1994 and abatement has also been provided @ 70 per cent vide abatement Notification dated June 20, 2012. Sometimes, the GTA service providers provide various auxiliary services such as loading/unloading/packing/unpacking etc. The regime of Service Tax has been changed … Continue reading SERVICE TAX LEVY ON SERVICES PROVIDED BY A GOODS TRANSPORT AGENCY Re: Circular No.186/5/2015-ST dated October 05, 2015
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