Every organization which has registered itself under the FSSAI Act shall comply with the requirements for complying with Annual Return which shall be filed within due dates as prescribed in regulation 2.1.13 and in case of non compliance a penalty shall be levied. Let us understand who all are required to file Annual Return with
Q1. What is enforcement of FSS Act, 2006? Ans: Responsibility of ensuring compliance of FSS Act, 2006 rules and regulations made thereunder by the FBO’s Q2. How is Enforcement undertaken? Ans: Enforcement is undertaken on the basis of surveillance, monitoring, inspection and random sampling of food products carried out by the Officials of Food Safety Departments Q3. Who is responsible
Attention of Authorized Dealer Category – I (AD Category –I) banks is invited to A.P. (DIR. Series) Circular No. 12, 30, 61, 40, 33 and 03 dated September 09, 2000, April 04, 2001, December 14, 2002, December 05, 2003, February 28, 2007 and July 22, 2010 respectively in terms of which the exporters were given limited powers of write-off and also AD Category
In the budget 2023 Hon’ble Finance Minister had brough up several changes in Income Tax Act , from changes in income tax slabs to tax rebate limit raised, No LTCG tax benefit on some debt mutual funds, taxability of life insurance policies are some of the major changes effective from 1 April 2023. 1) New
Specified category of persons are exempted from obtaining GST registration: It has been proposed to amend Section 23(2) of the Central Goods and Services Tax Act, 2017 (“the CGST Act”) with a non-obstante clause, that too retrospectively applicable w.e.f July 1, 2017, so as to provide that, persons required to take registration in GST as
1. What is Section 80 IAC of the Income Tax Act for Startup Tax Exemption? Section 80-IAC is a benefit offered by Central government to eligible startups by way of providing tax deduction of an amount equal to 100 percent of the profits and gains derived from eligible business. 2. What is the quantum
Q.1 What is a trademark? Ans: A trademark (popularly known as brand name) in layman’s language is a visual symbol which may be a word signature, name, device, label, numerals or combination of colours used by one undertaking on goods or services or other articles of commerce to distinguish it from other similar goods or
The Income Tax Department issued Frequently Asked Questions (“FAQs”) on Aadhaar-PAN Linking. Q 1. Who needs to link Aadhaar and PAN? Ans: Section 139AA of the Income Tax Act provides that every individual who has been allotted a permanent account number (PAN) as on the 1st day of July, 2017, and who is eligible to obtain an
The amnesty scheme for settlement of arrears of tax, interest, penalty or late fee prior to the implementation of the Goods and Services Tax introduced by the Maha Vikas Aghadi (MVA) government has been extended by state finance minister Devendra Fadnavis. Terming it the Maharashtra Settlement of Arrears of Tax, Interest, Penalty or Late Fee
