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Every taxpayer should review their current method of recording ITC in their books of accounts and make the necessary changes in light of the changes to ITC reporting in Schedules 4(B) and (D) of GSTR - 3B. This will help to ensure that the correct information is available for reconciliation with ITC in GSTR - 2B and efficient reporting in GSTR - 3B form.

The Legal Metrology (Packaged Commodities) (3rd Amendment) Rules, 2022, will also be known as the Legal Metrology Packaged Commodities Rules. You can contact with our experts team for get better help. Our experts team is highly experienced.

The Foreign Liabilities and Assets Annual Return in India is a form which is required to be filed by an Indian resident who has any foreign assets or liabilities in the preceding year. The form can be submitted electronically or in person. The due date for filing the form is 31st March of the year following that in which the assets and liabilities were acquired or incurred.

ASC helps in obtaining ETA Registration. Equipment Type Approval Certificate & License from WPC department to promote the import of wireless devices in India.

Transfer pricing provisions apply to taxpayers undertaking international transactions. For any assistance in relation to the transfer pricing applicability and compliances, feel free to contact the ASC Group.

Transfer pricing provisions apply to taxpayers undertaking international transactions. When the entities are related to each other, then the chances of manipulation of transactions increases to shift the profits from the lower taxation state to the higher taxation state.

The Foreign Exchange Management Act (FEMA) is an act of the Parliament of India "to consolidate and amend the law relating to foreign exchange with the objective of facilitating external trade and payments and for promoting the orderly development and maintenance of foreign exchange market in India". It was passed in the winter session of Parliament in 1999 and replaced the Foreign Exchange Regulation Act (FERA). FEMA has liberalized many regulations which were so far restricted under FEMA.

MCA has released MSME Form-1 where payment beyond a specified period shall be reported to the ROC. This article caters Applicability, Due Date, Fees, timeline & Penalty

Let’s understand the FCRA registration process (Foreign Contribution Regulation Act), eligibility, compliances and penalties. Contact with Our FERA Registration Experts.

Charitable Trust Formation - Procedure for the formation of the charitable trust and the compliances that trust needs to adhere to.

To identify instances of non-compliance and take corrective measures to safeguard the interest of various stakeholders, Secretarial Compliance & Secretarial Audits have been mandated for a certain class of companies

The LMPC Rules 2011 establish explicit rules and requirements for various aspects of packaged commodities, such as mandatory disclosures, compliance r...

A merger occurs when two separate entities combine forces to create a new, joint organization. Meanwhile, an acquisition refers to the takeover of one entity by another. Mergers and acquisitions may be completed to expand a company's reach or gain market share in an attempt to create shareholder value.

Specially in cases where the Indian entity imports goods from its related companies located outside India, the Indian importer has to undergo an additional procedure commonly called as the Special Valuation Branch (‘SVB’) process, which is considered to be extremely complex and time consuming.

Businesses use outsourced CFO services to improvise their performance. Virtual CFO Services helps businesses with comprehensive solutions to complex business problems.

What is the benefit of being MSME? MSMEs can easily get a business loan at a very lower interest rate, Upto 1.5 percent lower than interest on regular business loans. Amazing Tax Benefits: Depending on their business industry, business owners can benefit from the excise exemption scheme.

Legal Metrology Department has put an extension on the implementation of LMPC Amendment Rules 2021 which was earlier 1st October 2022 has been extended to 1st December 20strong text

The above compliance check functionality for Section 206AB and 206CCA eased the compliance burden on the tax deductors and collectors.

It is clarified that these extended timelines are applicable to the compliances for F.Y. 2021-22 onwards. Further Information feel free to contact the ASC Group.

Act, 2010 and rules and regulations made under. For accepting such contributions, the entity in India needs to obtain FCRA registration. Let’s understand how to obtain FCRA registration, eligibility criteria,

The 'Special Valuation Branch' (hereinafter referred to as "SVB") was created as an institution specializing in investigation of transactions involving special relationships between buyer - seller or those involving other special circumstances surrounding the sale of imported goods

MSME Online Registration? ASC Group helps to register, renew and manage all MSME-related services. Contact us for MSME Eligibility & Certificate-related queries.

Here we share all information about Required documents for Setting up Liaison Office in India & Procedure to Set-Up Liaison Office. ASC Group can help you set up a liaison office in India according to the following requirements. Contact us for more information.

Business valuation gives deep insights into the current value of the company in terms of market capitalization, asset value and income flow. Business valuation plays an important role not only for giant corporations but also for startups and MSME sectors.