Corporate Updates – 28-10-2015

MCA:

MCA has revised the Versions of AnnualFiling Forms, eForms AOC – 4 (XBRL & Non-XBRL) (Form for filing financial statement and other documents with the Registrar ), MGT – 7 (Form for filing annual return by a company) w.e.f 29th October, 2015 & Form 8 LLP (Statement of Account & Solvency) is likely to be modified w.e.f 28th Oct 2015. Only new version of the eForm will be acceptable. Stakeholders are requested to plan accordingly and ensure that you have downloaded the latest version for filing and uploading the latest version only. Form-wise date of last version change is available at on the website of MCA. Further, to avoid last minute rush and system congestion on the MCA21 portal on account of Annual Filings during October / November 2015, Companies are requested to file their Annual Return & Financial Statement early without postponing it to the last days.

CBEC – Customs

CBEC has initially mandated in the first phase, the importers registered under Accredited Client Programme (ACP) to file Bills of Entry with digital signature with effect from 01.05.2015. Wherever the customs process documents are digitally signed, the Customs will not insist on the user to physically sign the said documents. Further, in order to increase coverage of digitally signed documents and subsequent phasing out of physical /manual submission of documents, Board has decided that all importers, exporters using services of Customs Brokers for formalities under Customs Act, 1962, shipping lines and air lines shall file customs documents under digital signature certificates mandatory with effect from 01.01.2016. The importers/ exporters desirous of filing Bill of Entry or Shipping Bill individually may however have the option of filing declarations/ documents without using digital signature. Further, wherever the customs process documents are digitally signed, the Customs will not insist on the user to physically sign the said documents.

News from NIRC of ICSI

NIRC of ICSI is participating in the ensuing Airtel Delhi Half Marathon (6 km ‘Great Delhi Run’), which will be held on Sunday, the 29th November, 2015. NIRC would be participating in the group category with a group named as “ICSI Group”. Interested members may fillup the form for the ‘Great Delhi Run’ 6 km category and send the hard copy of the filled up form along with a copy of the photo id proof, passport size photograph and deposit the above along with a fee of Rs. 600/- on or before 28th October, 2015 by cash or by cheque/DD in favour of “NIRC of ICSI” with full details on the reverse side of the cheque/DD i.e. full name, contact number, Membership No.

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