Corporate Updates – 04-03-2015


With an intention to simplify the Registration Procedures in Service Tax, the CBEC in super-session of earlier Orders, specifies the documentation, time limits and procedure with respect to filing of registration applications for single premises, which shall come into effect from 1-3-2015. Accordingly, applicants seeking registration for single premises in service tax shall file the application online in the Automation of Central Excise and Service Tax (ACES) website in Form ST-1 along with PAN, E-mail and mobile number. CBEC will grant registration online within 2 days, and the applicant would not need a signed copy of the Registration Certificate as proof of registration. Registration Certificate downloaded from the ACES web site would be accepted as proof of registration dispensing with the need for a signed copy.


RBI in view public interest has instructed, banks to adopt a more pro-active role in finding the whereabouts of the account holders of unclaimed deposits / inoperative accounts. Banks having websites, are therefore advised that they should display the list of unclaimed deposits / inoperative accounts which are inactive / inoperative for ten years or more on their respective websites. Those banks which do not have their websites should make available the list in their respective branches. The list so displayed on the websites/ available in the branches must contain only the names of the account holder(s) and his / her address in respect of unclaimed deposits / inoperative accounts. In case such accounts are not in the name of individuals, the names of individuals authorized to operate the accounts should also be indicated.


India Tourism Development Corporation Ltd. (ITDC), is looking for an Assistant Company Secretary, with 2nd class Graduate having membership of Institute of Company Secretaries with 5 years experience in Secretarial work in a firm of repute. Application should be submitted through OFFLINE mode only in the prescribed Application Form. Application form is available in downloadable form annexed with this advertisement’ No online applications would be entertained’. Interest Candidates fulfilling the prescribed requirements may download the application format from ITDC website. For further details, Please Click Here.


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