NEWSLETTER 15TH JAN 2023
Direct Taxes
Addendum to Notification 2 of 2021: Format, Procedure and Guidelines for submission of Statement of Financial Transactions (SFT) for Interest income (Abolishing of limit of Rs 5,000/-)
- Section 285BA of the Income Tax Act, 1961 and Rule 114E requires specified reporting persons to furnish statement of financial transaction (8FT). For the purposes of prefilling the return of income, CBDT has issued Notification No. 16/2021 dated 12.03.2021 to include reporting of information relating to interest income. The Format, Procedure and Guidelines for submission of Statement of Financial Transactions (SFT) for Interest income was notified via Notification 2 of 2021 dated 20th April 2021.
- As per sub-rule (4)(b) of Rule 114E Director General of Income-tax (Systems) shall specify the procedures, data structures and standards for ensuring secure capture and transmission of data, evolving and implementing appropriate security, archival and retrieval policies.
- The Remarks column point 1 at Annexure A– Guidelines for Preparation of Statement of Financial Transactions (SFT) mentioned “The information is to be reported for all account/deposit holders where cumulative interest exceeds Rs. 5,000/- per person in the financial year.
- The Remarks column at Annexure A is hereby being modified and may be read as “The information is to be reported for all account/deposit holders where any interest exceeds zero per account in the financial year excluding Jan Dhan Accounts”.
- In the view of the changes mentioned above, the limit prescribed in Notification 2 of 2021 dated 20th April 2021 stands abolished and this addendum will come into effect from 05/01/2023.
Department of Revenue (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION
S.O. 270(E).—In exercise of the powers conferred by clause (ii) of sub-Section (1) of Section 35 of the Income-tax Act, 1961 (43 of 1961) read with Rules 5C and 5E of the Income-tax Rules, 1962, the Central Government hereby approves ‘Indian Institute of Science Education and Research, Tirupati (PAN: AAAAI9820P)’ under the category of ‘University, College or Other Institution’ for ‘Scientific Research’ for the purposes of clause (ii) of sub-Section (1) of Section 35 of the Income-tax Act, 1961 read with Rules 5C and 5E of the Income-tax Rules, 1962.
This Notification shall apply with effect from the date of publication in the Official Gazette (i.e., from the Previous Year 2022-23) and accordingly shall be applicable for Assessment Years 2023-2024 to 2027-2028.
TDS Reconciliation Analysis and Correction Enabling System
E-mail to deductors for explaining the e-verification Scheme
Date of communication: 17/01/2023
Ref. No.- 02/2023
Dear Deductor,
Income Tax Department relies on non-intrusive means of helping taxpayers file their returns of income accurately and timely. We are grateful for the Statements of Financial Transactions/TDS/TCS filed by you.
From these statements, the information of financial transactions of taxpayers who are your clients/ business associates is gathered, collated and is made available electronically to the taxpayer through the Annual Information Statement (AIS). Taxpayer is now facilitated to raise an objection to a transaction reported through the AIS. In case of an information which is objected to by the taxpayer, we seek your help in resolving the issue with a quick electronic response to a communication which will be sent to you in such cases under the e-Verification Scheme, 2021 (the Scheme). Your prompt response to the clarification sought will help taxpayers.
This process will be conducted under the e-Verification Scheme, 2021 notified on 13th December 2021. Presently data pertaining to FY 2019-20 is under verification. The salient features of the Scheme are explained in attached Annexure – A. We seek your help and cooperation in the successful implementation of the Scheme.
With increased digitalization, it is important to provide data with accuracy. Please avail of the PAN authentication facility to help you report correct PAN in the transactions reported. (https://incometaxindia.gov.in/Pages/tax-services/online-pan-verification.aspx)
We call upon you to be our active partners in strengthening Digital India. Thanking you for your active support and wishing you a very Happy 2023.
Annexure – A
The key features of the e-Verification Scheme 2021 are:
- Information gathered from Source/ Reporting Entity is pushed to taxpayer for viewing in AIS and taxpayer can raise an objection if he/she believes that the transaction is incorrectly attributed to the taxpayer (fully/partially).
- Commissioner of Income Tax (e-Verification) [henceforth referred as CIT(e-V)] pushes the disputed information back at the Source/ Reporting Entity for confirmation.
- If Source/ Reporting Entity agrees that information uploaded was incorrect and agrees with taxpayer, then CIT(e-V) closes the matter. Source/Reporting entity is required to modify the statement in which the incorrect data was filed.
- If Source/ Reporting Entity stands by the information and reports back to CIT(e-V) then the case is sieved through Risk Assessment module.
- If required to be verified, the Directorate of Income Tax (I&CI) will contact the taxpayer and verify the transaction with reference to the return of income filed/ not filed by the taxpayer.
- Based on the response of the taxpayer to the proceedings under the Scheme, the Source/Reporting Entity may be contacted once again, if required, by the officer in Directorate of Income Tax (I&CI) who is conducting the verification.
Regards,
CPC (TDS) TEAM
In-Direct Taxes
Heading
- Circular No. 183/15/2022-GST
Clarification to deal with difference in Input Tax Credit (ITC) availed in FORM GSTR-3B as compared to that detailed in FORM GSTR-2A for FY 2017-18 and 2018-19 – reg. - NOTIFICATION No. 15/2022 -Central Tax (Rate) Clarification on various issue pertaining to GST-reg.
Exemption to renting of residential dwelling to a registered person - Automated Drop Proceedings
Recently, a functionality of Automated Drop Proceedings of GSTINs suspended due to non-filing of returns has been implemented on the GST Portal - Circular No. 188/20/2022-GST – Prescribing manner of filing an application for refund by unregistered persons -reg.
Manner and procedure for claiming refund by unregistered person. - Digital Currency CDBC e-rupi
RBI issued concept note on central bank digital currency the digital version of country’s physical currency.
Summary
- G.S.R. —–(E). -In exercise of the powers conferred by sub-sections (3) and (4) of section 9, sub-section (1) and (3) of section 11, sub-section (5) of section 15 and section 148 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government, on being satisfied that it is necessary in the public interest so to do, on the recommendations of the Council, hereby makes the following amendments further to amend the notification of the Government of India, in the Ministry of Finance (Department of Revenue), No.12/2017-Central Tax (Rate), dated the 28th June, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 691(E), dated the 28th June, 2017.
- Section 16 of the Central Goods and Services Tax Act, 2017 (hereinafter referred to as “CGST Act”) provides for eligibility and conditions for availing Input Tax Credit (ITC). During the initial period of implementation of GST, during the financial years 2017-18 and 2018-19, in many cases, the suppliers have failed to furnish the correct details of outward supplies in their FORM GSTR-1, which has led to certain deficiencies or discrepancies in FORM GSTR-2A of their recipients. However, the concerned recipients may have availed input tax credit on the said supplies in their returns in FORM GSTR-3B. The discrepancies between the amount of ITC availed by the registered persons in their returns in FORM GSTR3B and the amount as available in their FORM GSTR-2A are being noticed by the tax officers during proceedings such as scrutiny/ audit/ investigation etc. due to such credit not flowing to FORM GSTR-2A of the said registered persons. Such discrepancies are considered by the tax officers as representing ineligible ITC availed by the registered persons, and are being flagged seeking explanation from the registered persons for such discrepancies and/or for reversal of such ineligible ITC
- Representations have been received from the field formations seeking clarification on certain issues with respect to –
- taxability of No Claim Bonus offered by Insurance companies;
- applicability of e-invoicing w.r.t an entityInstruction regarding processing of applications for registration in FORM GST REG 01.
- Prescribing manner of filing an application for refund by unregistered persons -reg.
- Recently, a functionality of Automated Drop Proceedings of GSTINs suspended due to non-filing of returns has been implemented on the GST Portal. This functionality is for the taxpayers who have filed their pending 6 monthly or 2 Quarterly returns.
Detailed
1. NOTIFICATION No. 15/2022 -Central Tax (Rate)
In the said notification, (i) against S. No. 12, in column (3), after the entry, the following explanation shall be inserted, namely: –
- “Explanation. – For the purpose of exemption under this entry, this entry shall cover services by way of renting of residential dwelling to a registered person where, – (i) the registered person is proprietor of a proprietorship concern and rents the residential dwelling in his personal capacity for use as his own residence; and (ii) such renting is on his own account and not that of the proprietorship concern.”; (ii) S. No. 23A and the entries relating thereto, shall be omitted.
- This notification shall come into force with effect from the 01st day of January, 2023
[F.No. CBIC-190354/316/2022-TRU Section-CBEC] (Rajeev Ranjan) Under Secretary Note: The principal notification was published in the Gazette of India, Extraordinary, vide notification No. 12/2017 – Central Tax (Rate), dated the 28th June, 2017, vide number G.S.R. 691 (E), dated the 28th June, 2017 and last amended by notification No. 04/2022 – Central Tax (Rate), dated the 13th July, 2022 vide number G.S.R. 544(E), dated the 13th July, 2022
2. Clarification to deal with difference in Input Tax Credit (ITC) availed in FORM GSTR-3B as compared to that detailed in FORM GSTR-2A for FY 2017-18 and 2018-19 – reg.
It is mentioned that FORM GSTR-2A could not be made available to the taxpayers on the common portal during the initial stages of implementation of GST. Further, restrictions regarding availment of ITC by the registered persons upto certain specified limit beyond the ITC available as per FORM GSTR-2A were provided under rule 36(4) of Central Goods and Services Tax Rules, 2017 (hereinafter referred to as “CGST Rules”) only with effect from 9th October 2019. However, the availability of ITC was subjected to restrictions and conditions specified in Section 16 of CGST Act from 1st July, 2017 itself. In view of this, various representations have been received from the trade as well as the tax authorities, seeking clarification regarding the manner of dealing with such discrepancies between the amount of ITC availed by the registered persons in their FORM GSTR-3B and the amount as available in their FORM GSTR-2A during FY 2017-18 and FY 2018-19.
4. The proper officer shall first seek the details from the registered person regarding all the invoices on which ITC has been availed by the registered person in his FORM GSTR 3B but which are not reflecting in his FORM GSTR 2A. He shall then ascertain fulfillment of the following conditions of Section 16 of CGST Act in respect of the input tax credit availed on such invoices by the said registered person:
- that he is in possession of a tax invoice or debit note issued by the supplier or such other tax paying documents;
- that he has received the goods or services or both;
- that he has made payment for the amount towards the value of supply, along with tax payable thereon, to the supplier.
Besides, the proper officer shall also check whether any reversal of input tax credit is required to be made in accordance with section 17 or section 18 of CGST Act and also whether the said input tax credit has been availed within the time period specified under sub-section (4) of section 16 of CGST Act.
- In order to verify the condition of clause (c) of sub-section (2) of Section 16 of CGST Act that tax on the said supply has been paid by the supplier, the following action may be taken by the proper officer:
- In case, where difference between the ITC claimed in FORM GSTR-3B and that available in FORM GSTR 2A of the registered person in respect of a supplier for the said financial year exceeds Rs 5 lakh, the proper officer shall ask the registered person to produce a certificate for the concerned supplier from the Chartered Accountant (CA) or the Cost Accountant (CMA), certifying that supplies in respect of the said invoices of supplier have actually been made by the supplier to the said registered person and the tax on such supplies has been paid by the said supplier in his return in FORM GSTR 3B. Certificate issued by CA or CMA shall contain UDIN. UDIN of the certificate issued by CAs can be verified from ICAI website https://udin.icai.org/search-udin and that issued by CMAs can be verified from ICMAI website https://eicmai.in/udin/VerifyUDIN.aspx .
- In cases, where difference between the ITC claimed in FORM GSTR-3B and that available in FORM GSTR 2A of the registered person in respect of a supplier for the said financial year is upto Rs 5 lakh, the proper officer shall ask the claimant to produce a certificate from the concerned supplier to the effect that said supplies have actually been made by him to the said registered person and the tax on said supplies has been paid by the said supplier in his return in FORM GSTR 3B.
- However, it may be noted that for the period FY 2017-18, as per proviso to section 16(4) of CGST Act, the aforesaid relaxations shall not be applicable to the claim of ITC made in the FORM GSTR-3B return filed after the due date of furnishing return for the month of September, 2018 till the due date of furnishing return for March, 2019, if supplier had not furnished details of the said supply in his FORM GSTR-1 till the due date of furnishing FORM GSTR 1 for the month of March, 2019.
- It may also be noted that the clarifications given hereunder are case specific and are applicable to the bonafide errors committed in reporting during FY 2017-18 and 2018- 19. Further, these guidelines are clarificatory in nature and may be applied as per the actual facts and circumstances of each case and shall not be used in the interpretation of the provisions of law.
- These instructions will apply only to the ongoing proceedings in scrutiny/audit/ investigation, etc. for FY 2017-18 and 2018-19 and not to the completed proceedings. However, these instructions will apply in those cases for FY 2017-18 and 2018-19 where any adjudication or appeal proceedings are still pending.
- Difficulty, if any, in the implementation of the above instructions may please be brought to the notice of the Board. Hindi version would follow.
3. In order to clarify the issue and to ensure uniformity in the implementation of the provisions of law across the field formations, the Board, in exercise of its powers conferred by section 168 (1) of the Central Goods and Services Tax Act, 2017 (hereinafter referred to as “CGST Act”), hereby clarifies the issues as under:
- It is requested that suitable trade notices may be issued to publicize the contents of this Circular.
- Difficulty, if any, in implementation of this Circular may please be brought to the notice of the Board. Hindi version would follow.
4. Prescribing manner of filing an application for refund by unregistered persons -reg.
Instances have been brought to the notice where the unregistered buyers, who had entered into an agreement/ contract with a builder for supply of services of construction of flats/ building, etc. and had paid the amount towards consideration for such service, either fully or partially, along with applicable tax, had to get the said contract/ agreement cancelled subsequently due to non-completion or delay in construction activity in time or any other reasons. In a number of such cases, the period for issuance of credit note on account of such cancellation of service under the provisions of section 34 of the Central Goods and Service Tax Act, 2017 (hereinafter referred to as ‘CGST Act’) may already have got expired by that time. In such cases, the supplier may refund the amount to the buyer, after deducting the amount of tax collected by him from the buyer.
1.2 Similar situation may arise in cases of long-term insurance policies where premium for the entire period of term of policy is paid upfront along with applicable GST and the policy is subsequently required to be terminated prematurely due to some reasons. In some cases, the time period for issuing credit note under the provisions of section 34 of the CGST Act may have already expired and therefore, the insurance companies may refund only the proportionate premium net off GST.
1.3 Representations have been received requesting for providing a facility to such unregistered buyers/ recipients for claiming refund of amount of tax borne by them in the event of cancellation of the contract/agreement for supply of services of construction of flat/ building or on termination of long-term insurance policy. 2. It would be pertinent to mention that sub-section (1) of section 54 of the CGST Act already provides that any person can claim refund of any tax and interest, if any, paid on such tax or any other amount paid by him, by making an application before the expiry of two years from the relevant date in such form and manner as may be prescribed. Further, in terms of clause (e) of sub-section (8) of section 54 of the CGST Act, in cases where the unregistered person has borne the incidence of tax and not passed on the same to any other person, the said refund shall be paid to him instead of being credited to Consumer Welfare Fund (CWF)
2.1 In order to enable such unregistered person to file application for refund under subsection (1) of section 54, in cases where the contract/agreement for supply of services of construction of flat/ building has been cancelled or where long-term insurance policy has been terminated, a new functionality has been made available on the common portal which allows unregistered persons to take a temporary registration and apply for refund under the category ‘Refund for Unregistered person’. Further, sub-rule (2) of rule 89 of Central Goods and Service Tax Rules, 2017 (hereinafter referred to as ‘CGST Rules’) has been amended and statement 8 has been inserted in FORM GST RFD-01 vide Notification No. 26/2022-Central Tax dated 26.12.2022 to provide for the documents required to be furnished along with the application of refund by the unregistered persons and the statement to be uploaded along with the said refund application.
3. In order to ensure uniformity in the implementation of the above provisions of the law across field formations, the Board, in exercise of its powers conferred by section 168(1) of the CGST Act, hereby clarifies the following
4. Filing of refund application
4.1 The unregistered person, who wants to file an application for refund under sub-section (1) of section 54 of CGST Act, in cases where the contract/agreement for supply of services of construction of flat/ building has been cancelled or where long-term insurance policy has been terminated, shall obtain a temporary registration on the common portal using his Permanent Account Number (PAN). While doing so, the unregistered person shall select the same state/UT where his/her supplier, in respect of whose invoice refund is to be claimed, is registered. Thereafter, the unregistered person would be required to undergo Aadhaar authentication in terms of provisions of rule 10B of the CGST Rules. Further, the unregistered person would be required to enter his bank account details in which he seeks to obtain the refund of the amount claimed. The applicant shall provide the details of the bank account which is in his name and has been obtained on his PAN.
4.2 The application for refund shall be filed in FORM GST RFD-01 on the common portal under the category ‘Refund for unregistered person’. The applicant shall upload statement 8 (in pdf format) and all the requisite documents as per the provisions of sub-rule (2) of rule 89 of the CGST Rules. The refund amount claimed shall not exceed the total amount of tax declared on the invoices in respect of which refund is being claimed. Further, the applicant shall also upload the certificate issued by the supplier in terms of clause (kb) of sub-rule (2) of rule 89 of the CGST Rules along with the refund application. The applicant shall also upload any other document(s) to support his claim that he has paid and borne the incidence of tax and that the said amount is refundable to him
5.3 Separate applications for refund have to be filed in respect of invoices issued by different suppliers. Further, where the suppliers, in respect of whose invoices refund is to be claimed, are registered in different States/UTs, the applicant shall obtain temporary registration in the each of the concerned States/UTs where the said supplier are registered.
5.4 Where the time period for issuance of credit note under section 34 of the CGST Act has not expired at the time of cancellation/termination of agreement/contract for supply of services, the concerned suppliers can issue credit note to the unregistered person. In such cases, the supplier would be in a position to also pay back the amount of tax collected by him from the unregistered person and therefore, there will be no need for filing refund claim by the unregistered persons in these cases. Accordingly, the refund claim can be filed by the unregistered persons only in those cases where at the time of cancellation/termination of agreement/contract for supply of services, the time period for issuance of credit note under section 34 of the CGST Act has already expired.
6. Relevant date for filing of refund:
As per sub-section (1) of section 54 of the CGST Act, time period of two years from the relevant date has been specified for filing an application of refund. Further, the relevant date in respect of cases of refund by a person other than supplier is the date of receipt of goods or services or both by such person in terms of provisions of clause (g) in Explanation (2) under section 54 of the CGST Act. However, in respect of cases where the supplier and the unregistered person (recipient) have entered into a long-term contract/ agreement for the supply, with the provision of making payment in advance or in instalments, for exampleconstruction of flats or long-term insurance policies, if the contract is cancelled/ terminated before completion of service for any reason, there may be no date of receipt of service, to the extent supply has not been made/ rendered. Therefore, in such type of cases, it has been decided that for the purpose of determining relevant date in terms of clause (g) of Explanation (2) under section 54 of the CGST Act, date of issuance of letter of cancellation of the contract/ agreement for supply by the supplier will be considered as the date of receipt of the services by the applicant.
7. Minimum refund amount
Sub-section (14) of section 54 of the CGST Act provides that no refund under subsection (5) or sub-section (6) shall be paid to an applicant, if amount is less than one thousand rupees. Therefore, no refund shall be claimed if the amount is less than one thousand rupees
8. The proper officer shall process the refund claim filed by the unregistered person in a manner similar to other RFD-01 claims. The proper officer shall scrutinize the application with respect to completeness and eligibility of the refund claim to his satisfaction and issue the refund sanction order in FORM GST RFD-06 accordingly. The proper officer shall also upload a detailed speaking order along with the refund sanction order in FORM GST RFD-06.
- In cases where the amount paid back by the supplier to the unregistered person on cancellation/termination of agreement/contract for supply of services is less than amount paid by such unregistered person to the supplier, only the proportionate amount of tax involved in such amount paid back shall be refunded to the unregistered person.
9. It is requested that suitable trade notices may be issued to publicize the contents of this Circular.
10. Difficulty, if any, in the implementation of this Circular may be brought to the notice of the Board. Hindi version will follow.
5. Recently, a functionality of Automated Drop Proceedings of GSTINs suspended due to non-filing of returns has been implemented on the GST Portal. This functionality is for the taxpayers who have filed their pending 6 monthly or 2 Quarterly returns.
Such taxpayers are advised to revoke the suspension once the due returns have been filed by clicking on “INITIATE DROP PROCEEDING” for which navigation is as follows:
“Services > User Services > View Notices and Orders > Initiate Drop Proceeding”
MCA
In our continuous endeavour to serve you better, the Ministry of Corporate Affairs is launching Second set of Company Forms covering 56 forms in two different lots on MCA21 V3 portal.
10 out of 56 forms will be launched on 09th January 2023 at 12:00 AM and the remaining 46 forms on 23rd January 2023.
To facilitate implementation of these forms in V3 MCA21 portal, stakeholders are advised to note the following points: Following forms will be rolled-out on 09th January 2023:
| Sl. No. | Form Num | Form Name |
| 1 | SPICe+ PART A | Application for reservation of name for new company Incorporation |
| 2 | RUN | Application for change of name of existing company |
| 3 | SPIce+ PART B | Integrated Company Incorporation Application |
| 4 | AGILE PRO S | Application for Goods and services tax Identification number , employees state Insurance corporation registration pLus Employees provident fund organisation registration, Profession tax Registration, Opening of bank account and Shops and Establishment Registration |
| 5 | e-AOA[INC-34] | Articles of Association |
| 6 | e-MOA[INC-13] | Memorandum of Association |
| 7 | e-MOA[INC-31] | Articles of Association |
| 8 | e-MOA[INC-33] | Memorandum of Association |
| 9 | INC-9 | Declaration by Subscribers and First Directors |
| 10 | URC-1 | Application by a company for registration under section 366 |
List of 46 forms which will be rolled-out on 23rd January 2023.
| Sl. No. | Form Num | Form Name |
| 1 | DIR-12 | Particulars of appointment of directors and the key managerial personnel and the changes among them |
| 2 | DIR-11 | Notice of resignation of a director to the Registrar |
| 3 | DIR-3 | Application for allotment of Director Identification Number |
| 4 | DIR-3C | Intimation of Director Identification Number by the company to the Registrar DIN services |
| 5 | DIR-5 | Application for surrender of Director Identification Number |
| 6 | DIR-6 | Intimation of change in particulars of Director to be given to the Central Government |
| 7 | INC-12 | Application for grant of License to an existing company under section 8 |
| 8 | INC-18 | Application to Regional Director for conversion of section 8 company into any other kind of company |
| 9 | INC-20 | Intimation to Registrar of revocation of license issued |
| 10 | INC-20A | Declaration for commencement of business |
| 11 | INC-22 | Notice of situation or change of situation of registered office |
| 12 | INC-23 | Application to the Regional Director for approval to shift the Registered Office from one State to another state or from jurisdiction of one Registrar to another Registrar within the State |
| 13 | INC-24 | Application for approval of Central Government for change of name |
| 14 | INC-27 | Conversion of public company into private company or private company into public company or Conversion of Unlimited Liability Company into Limited Liability Company |
| 15 | INC-28 | Notice of Order of the Court or any other competent authority |
| 16 | INC-4 | One Person Company – Change in Member/ Nominee |
| 17 | INC-6 | One Person Company – Conversion form |
| 18 | MGT-14 | Filing of Resolutions and agreements to the Registrar |
| 19 | MR-1 | Return of appointment of managing director or whole time director or manager |
| 20 | MR-2 | Form of application to the Central Government for approval of appointment or reappointment and remuneration or increase in remuneration or waiver for excess or over payment to managing director or whole time director or manager and commission or remuneration to directors |
| 21 | NDH-4 | Form for filing application for declaration as Nidhi Company or updation of status by Nidhis. |
| 22 | PAS-3 | Return of Allotment |
| 23 | SH-7 | Notice to Registrar of any alteration of share capital |
| 24 | SH-11 | Return in respect of buy-back of securities |
| 25 | SH-8 | Letter of Offer |
| 26 | SH-9 | Declaration of Solvency |
| 27 | NDH-1 | Return of Statutory Compliances |
| 28 | NDH-2 | Application for extension of time |
| 29 | NDH-3 | Return of Nidhi Company for the half year ended |
| 30 | GNL-3 | Particulars of person(s) charged for the purpose of subclause (iii) or (iv) of clause 60 of section 2 |
| 31 | PAS-6 | Reconciliation of Share Capital Audit Report (Halfyearly) |
| 32 | MGT-3 | Notice of situation or change of situation or discontinuation of situation, of place where foreign register shall be kept |
| 33 | PAS-2 | Information Memorandum |
| 34 | DIR-9 | Report by the company to Registrar for disqualification of Directors |
| 35 | DIR-10 | Application for removal of Disqualification of Directors |
| 36 | AOC-5 | Notice of address at which books of account are maintained |
| 37 | FC-1 | Information to be filed by foreign company |
| 38 | FC-2 | Return of alteration in the documents filed for registration by foreign company |
| 39 | FC-3 | Annual accounts along with the list of all principal places of business in India established by foreign company |
| 40 | FC-4 | Annual Return of a Foreign company |
| 41 | GNL-2 | Form for submission of documents with the Registrar |
| 42 | GNL-4 | Addendum to form |
| 43 | MSC-1 | Application to ROC for obtaining the status of dormant company |
| 44 | MSC-3 | Return of dormant companies |
| 45 | MSC-4 | Application for seeking status of active company |
| 46 | RD-1 | Form for filing application to Regional Director |
- Company e-Filings on V2 portal will be disabled from 07th January 2023 12:00 AM to 08th January 2023 11:59 pm for 10 forms which are planned for roll-out on 09th January 2023.
- Company e-Filings on V2 portal will be disabled from 07th January 2023 12:00 AM to 22nd January 2023 11:59 pm for 46 forms which are planned for roll-out on 23rd January 2023.
- All stakeholders are advised to ensure that there are no SRNs in pending payment and Resubmission status.
- Offline payments for the above 56 forms in V2 using Pay later option would be stopped from 28th December 2022 12:00 AM. You are requested to make payments for these forms in V2 through online mode (Credit/Debit Card and Net Banking).
- In view of the upcoming launch of 56 Company forms, V3 portal will not be available from 07th January 2023 12:00 AM to 08th Jan 2023 11:59 pm due to 10 company forms roll-out and from 21st January 2023 to 22nd January 2023 for 46 company forms roll-out.
- V2 Portal for company filing will remain available for all the forms excluding above mentioned 56 forms.
Stakeholders may plan accordingly.
About SBS
SBS Global is an ISO 9001:2015 & ISO 27001:2013 certified company serving since 2007. SBS Global offers a comprehensive range of Outsourced Financial Accounting Advisory Services, CFO Services, Compliance (i.e., Company Secretary services) & HR Services catering to the needs of Small & Medium Organizations across industry sectors to meet their changing needs & expectations. Our team includes employees having industry & domain expertise who have insights drawn from years of professional experience.