Registration under the Delhi Shops & Registration Act, 1954 is now integrated with the company incorporation under MCA portal in sPICe format – i.e. at one step a company can be incorporated as well its PAN/ TAN/ GST/ EPF/ ESIC registrations done. Besides bank a/c opening and professional tax regn under certain state laws are also integrated. First time registrants under the aforesaid Delhi Shops & Registration Act, can avail of this single window facility. It is only when they have to register their other offices or branches that they need to go to a separate portal for the same i.e. https://labourcis.nic.in
Government under Central Board of Indirect Taxes and Customs has vide its notification no. 48/2020 dated 19th June, 2020 allowed GST registered persons who are companies under the Companies Act, 2020 to file their GSTR3B returns and GSTR1 returns by EVC method i.e. Electronic Verification code, which basically means an OTP will come to the mobile no. of the registered person or the authorised person in case of a company. This is a much better system of filing the GSTR returns than via the digital signature mode and i feel that the CBITC should make it as default option for the registered persons. It saves too much of hassle in filing the returns online which are time bound. Otherwise one has to take a digital signature, which is valid only for 2 years, then that DSC has to be registered on the GST portal and then there are other issues like the emsigner verification, which is a totally cumbersome process and very difficult to navigate. Govt. should make it easier for the assesses to file the returns instead of making it cumbersome.
This filing by EVC method is allowed from 27th May, 2020 to 30th September, 2020 due to the covid pandemic, but in my view it should be made permanent fixture going forward.
The Competition Commission of India (CCI) has revised guidance notes to Form I with a view to incorporate the changes made in Green Channel. The revised Form I, under the Green Channel, will be used to file the notice under Section 6(2) of the Competition Act, 2002 (Act) and Regulation 5(2) of the Combination Regulation.
The guidance notes provide the scope of information and documents to be submitted along with the form. It also provides clarification regarding eligibility criterion for Green Channel. The CCI issues guidance notes for parties to facilitate them to make a filing before it.
As part of its ongoing and regular efforts to streamline M&A filings process and make it simpler and faster, in August 2019, the CCI introduced an automatic system of approval for combinations under Green Channel and revised Form I to file the notice under Section 6(2) of the Competition Act, 2002 (Act) and Regulation 5(2) of the Combination Regulation.
In case of any other guidance on the information requirement in the Form I, the parties may request Pre-Filing Consultation (PFC) with the officers of the CCI. The parties are encouraged to seek PFC as per the guidelines available on the CCI’s website.