Posts

Showing posts from November, 2017

HOW TO REGISTER OR UPDATE DSC(DIGITAL SIGNATURE CERTIFICATE) ON MCA SITE?

Normally, the procedure to register or update DSC is given on MCA (Ministry of Corporate Affairs) site still, you can adopt following tips which may help you: 1. Use Java 8 update 45 or Java 8 update 92 : To check what Java version is stalled in your system, open Java configuration. 2. Use Internet Explorer 11 or above . Then restart your system. It will work. Else, I will help you. just mail me.

WILL “NATIONAL ANTI-PROFITEERING AUTHORITY” SURVIVE IN GST?

Most of us are aware about National Anti-profiteering Authority (“Authority”) under GST but the question is why there is need for this Authority? Its main function is to see whether the benefits of reduction in rates reach to final consumers. It means whenever there is a reduction in rates of Taxes of any commodity/service under GST, the supplier has to reduce the prices of the commodity/service and as a result, thereof their profit remains the same. But the point is in the era of cut-throat competition; price reduction can be automatically decided or determined by the market forces, then why there is need of this new Authority in GST regime. The question as to reduce price or not is more related to the commercial decision of Suppliers. Let me tell you there is already an authority which is Competition Commission of India (“CCI”) which ensure the healthy competition and curb the malpractice such as cartelization, abuse of dominant position or any activity which disturb th