Corporate Updates – 20-09-2017

MCA:

MCA has revised the versions of eforms – Forms CHG – 9 (Application for registration of creation or modification of charge for debentures or rectification of particulars filed in respect of creation or modification of charge for debentures), Form 66 (Form for submission of compliance certificate with the Registrar), Form DIR-12 (Particulars of appointment of Directors and the key managerial personnel and the changes among them), Form CRA-4 (Form for filing Cost Audit Report with the Central Government.). The revised forms will be available on the portal w.e.f 20th September, 2017. Stakeholders are advised to download the latest version before filing. Form- wise date of last version change is available at on the website of MCA.

GST:

CBEC has granted extension of time limit for submitting the declaration in FORM GST TRAN-1 under rule 120A of the Central Goods and Service Tax Rules, 2017. CBEC on the recommendations of the Council, has extended the period for submitting the declaration in FORM GST TRAN-1 till 31st October, 2017. Form GST TRANS – 1 is required to be filed by those taxpayers who have filed their returns for the period till June, 2017 for the previous set of taxes in play, only they can file to carry forward their input tax credit within 90 days from 1st July, 2017, i.e. by 28th September, 2017, now extended upto 31st October, 2017.

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