AVANTIS WEEKLY NEWSLETTER | ISSUE 10, 2019

Highlights of Newsletter | Issue 10 of 2019

•CBIC has extended the limit of threshold of aggregate turnover for availing Composition Scheme to Rs. 1.5 crores and prescribed the due dates for furnishing of Form GSTR – 3B and Form GSTR – 1 for the months of April to June, 2019.

•FSSAI has operationalised the Food Safety and Standards (Licensing and Registration of Food Business) Amendment Regulations, 2018 and extended the date of implementation of an Order regarding disposal and collection of used cooking oil.

•NHB has made certain amendments in the regulatory framework for Housing Finance Companies on Capital Adequacy requirements and borrowing limits. 

•MoEFCC has published Hazardous and Other Wastes (Management and Transboundary Movement) Amendment Rules, 2019.

•The Ministry of Law and Justice has issued Homeopathy Central Council (Amendment) Ordinance, 2019.

•MCA has published Companies (Incorporation) Second Amendment Rules, 2019 and informed that Form AOC4-XBRL is likely to be revised with effect from March 09, 2019. 

•The President promulgates the Special Economic Zones (Amendment) Ordinance, 2019.

•APPCB has revised the guidelines for the establishment of certain industries.

•The State Government of Bihar has issued a Notification to make amendments in Bihar Value Added Tax Rules, 2005.

•The Governor of Maharashtra has promulgated the Maharashtra Tax Laws (Amendment and Validation) Ordinance, 2019.

•MPCB has issued CTO licenses for all the industries for the period of five years. 

Avantis Regtech Newsletter_Issue 10 of 2019