{"id":392,"date":"2015-09-03T13:01:27","date_gmt":"2015-09-03T13:01:27","guid":{"rendered":"http:\/\/carajput.com\/blog\/?p=392"},"modified":"2021-11-02T16:18:26","modified_gmt":"2021-11-02T10:48:26","slug":"sebi-guidelines-dvat-provisions-cbecs-move-towards-gst","status":"publish","type":"post","link":"https:\/\/carajput.com\/blog\/sebi-guidelines-dvat-provisions-cbecs-move-towards-gst\/","title":{"rendered":"SEBI Guidelines, DVAT Provisions,&#038; CBEC\u2019s move towards GST"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_58 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Page Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69d9b855b2333\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #000000;color:#000000\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #000000;color:#000000\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69d9b855b2333\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/carajput.com\/blog\/sebi-guidelines-dvat-provisions-cbecs-move-towards-gst\/#SEBI_GUIDELINES\" title=\"SEBI GUIDELINES\">SEBI GUIDELINES<\/a><ul class='ez-toc-list-level-2'><li class='ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/carajput.com\/blog\/sebi-guidelines-dvat-provisions-cbecs-move-towards-gst\/#DVAT_PROVISIONS\" title=\"DVAT PROVISIONS\">DVAT PROVISIONS<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/carajput.com\/blog\/sebi-guidelines-dvat-provisions-cbecs-move-towards-gst\/#CBECs_move_towards_GST\" title=\"CBEC\u2019s move towards GST\">CBEC\u2019s move towards GST<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h1 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"SEBI_GUIDELINES\"><\/span><a href=\"https:\/\/carajput.com\/sebi-consulting.php\"><span style=\"color: #993300;\"><strong>SEBI GUIDELINES<\/strong><\/span><\/a><span class=\"ez-toc-section-end\"><\/span><\/h1>\n<figure id=\"attachment_8624\" aria-describedby=\"caption-attachment-8624\" style=\"width: 813px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2019\/01\/SEBI.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-8624\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2019\/01\/SEBI-1024x538.jpg\" alt=\"www.carajput.com; SEBI\" width=\"813\" height=\"427\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2019\/01\/SEBI-1024x538.jpg 1024w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2019\/01\/SEBI-300x158.jpg 300w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2019\/01\/SEBI-768x403.jpg 768w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2019\/01\/SEBI.jpg 1200w\" sizes=\"(max-width: 813px) 100vw, 813px\" \/><\/a><figcaption id=\"caption-attachment-8624\" class=\"wp-caption-text\">www.carajput.com; SEBI<\/figcaption><\/figure>\n<p style=\"text-align: justify;\">SEBI has amended SEBI (ICDR) Regulations, 2009 and notified<span style=\"color: #3366ff;\">\u00a0<a style=\"color: #3366ff;\" href=\"https:\/\/www.sebi.gov.in\/cms\/sebi_data\/attachdocs\/1439288946967.pdf\"><strong>the\u00a0<\/strong><\/a><a style=\"color: #3366ff;\" href=\"https:\/\/www.sebi.gov.in\/cms\/sebi_data\/attachdocs\/1439288946967.pdf\"><strong>SEBI (Issue of Capital and Disclosure Requirements) (Third Amendment) Regulations,2015<\/strong><\/a>.<\/span><\/p>\n<p style=\"text-align: justify;\">The new norms, will provide all listed companies a &#8216;fast-track&#8217; route for share sales, accordingly firms in which public shareholders own stocks worth Rs 1,000 crore will now be able to access this route through a follow-on public offer (FPO) against the old requirement of minimum Rs 3,000 crore.<\/p>\n<p style=\"text-align: justify;\">Under the &#8216;fast-track&#8217; route, a listed company would not be required to file any draft offer document for its FPO or rights issue and they can proceed with fund-raising program without necessarily getting &#8216;observations&#8217; from SEBI.<\/p>\n<p style=\"text-align: justify;\">\u00a0Further, for rights issues, promoters will not renounce their rights, except to the extent of renunciations within the promoter group, or for the purposes of complying with minimum public shareholding norms.<\/p>\n<p style=\"text-align: justify;\">This new mode would be allowed only for those firms in which the promoter group and directors of the issuer have not settled any alleged violation of securities laws through the consent mechanism with SEBI in the past three years.<\/p>\n<p><a href=\"https:\/\/carajput.com\/archives\/amendments-in-sebi-listing-obligations-and-disclosure-requirements-regulations-2015.pdf\">Amendments in SEBI -Listing Obligations and Disclosure Requirements Regulations 2015<\/a><\/p>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"DVAT_PROVISIONS\"><\/span><span style=\"color: #993300;\"><strong><a href=\"https:\/\/carajput.com\/services-vat.php\">DVAT<\/a> PROVISIONS<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\">DVAT\u00a0Authorities have again\u00a0<span style=\"color: #3366ff;\"><a style=\"color: #3366ff;\" href=\"https:\/\/dvat.gov.in\/website\/home.html\"><strong>extended the last date of filing of online \/ hard copy of return<\/strong><\/a><\/span>\u00a0for first quarter ended on 30-06-2015\u00a0for the financial year 2015-16, in Form\u00a0DVAT-16,\u00a0DVAT-17 and\u00a0DVAT-48 along with required annexure \/ enclosures\u00a0from 07\/08\/2015 to\u00a017\/08\/2015.<\/p>\n<p style=\"text-align: justify;\">However, the tax due shall continue to be paid in the usual manner as per the provisions of section 3(4) of the Delhi Value Added Tax Act, 2004.<\/p>\n<p style=\"text-align: justify;\">Further, the dealers filing the returns through digital signature need not be required to file hard copy of the return \/ Form\u00a0DVAT-56.<\/p>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"CBECs_move_towards_GST\"><\/span><span style=\"color: #993300;\"><strong>CBEC\u2019s move towards <a href=\"https:\/\/carajput.com\/gst\/gst-consultancy.php\">GST<\/a><\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\">Consequently upon, the decision of the CBEC to create a GST Directorate in Delhi by shifting headquarter of DGST, Mumbai to Delhi, it has been decided that Directorate General of Service Tax.<\/p>\n<p style=\"text-align: justify;\">DGST will henceforth be re-named as Directorate General of Goods &amp; Service Tax (DGGST) w.e.f. 1st August, 2015.<\/p>\n<p style=\"text-align: justify;\">It is also clarified that all records of DGST Mumbai will continue to be maintained in the existing office till instructions regarding their transfer are issued.<\/p>\n<p style=\"text-align: justify;\">The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances; Hope the information will assist you in your Professional\u00a0endeavors. For query or help, contact:\u00a0<a href=\"mailto:singh@carajput.com\">singh@carajput.com<\/a>\u00a0or call at 9555555480<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SEBI GUIDELINES SEBI has amended SEBI (ICDR) Regulations, 2009 and notified\u00a0the\u00a0SEBI (Issue of Capital and Disclosure Requirements) (Third Amendment) Regulations,2015. The new norms, will provide all listed companies a &#8216;fast-track&#8217; route for share sales, accordingly firms in which public shareholders own stocks worth Rs 1,000 crore will now be able to access this route through &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[172,4,12],"tags":[3317,3316,3320,3321,3315,9016],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/392"}],"collection":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/comments?post=392"}],"version-history":[{"count":5,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/392\/revisions"}],"predecessor-version":[{"id":18319,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/392\/revisions\/18319"}],"wp:attachment":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/media?parent=392"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/categories?post=392"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/tags?post=392"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}