MCA
Ministry Of Corporate Affairs has notified Limited Liability Partnership (Second Amendment) Rules 2016.
The amended rules shall come into force on the date of their
publication in the official Gazette. In the said amendment, Form 2, Form
3, Form 4 and Form 11 have been amended. Among the many amendments, in
Form 2 and Form 4, the words ‘Name of Nominee’ has been substituted in
place of the words ‘Name of Partner’ under the heading ‘Name and
particulars of the person signing on behalf of the body corporate as
nominee’ and ‘Addendum to Form 2’. Also, in Form 3 and Form 11, details
to be provided under the heading ‘Particulars of penalties imposed’
stand amended.
GST
On June 14, 2016 the Finance Ministry has released the 'Model GST Law'.
It outlines the structure of the GST regime. Further, the draft of
'Integrated GST Bill, 2016' is also released along with such Model GST
laws. It also provides the framework for levy and collection of CGST and
SGST. "CGST" is the tax levied under the Central Goods and Services Tax
Bill, 2016. "IGST" is the tax levied under the Integrated Goods and
Services Tax Bill, 2016. Draft GST law has been uploaded on Finance
Ministry's site. PCS is entitled to appear before GST authorities and
tribunal.
Happy PCS Day...!!!
Thanks & Regards,
Meetesh Shiroya
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