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Wednesday 23 December 2020

FSSAI Return - FoSCos Online Return Submission w.e.f. 01.04.2021

FSSAI mandates online submission of Annual Return by Food Business with effect from FY 2020-21


The Food Safety and Standards Authority of India (FSSAI) on December 18, 2020 has issued a Notification regarding Mandatory online submission of Annual Return by Food Business wef FY 2020-21. 


Mandatory Compliance w.e.f. 1st April 2021

online submission of Annual Returns on Food Safety Compliance System (FOSCOS - https://foscos.fssai.gov.in) shall be made mandatory for food businesses involved in manufacturing and importing of food products, wef FY 2020-21 (window for return filing for FY 2020-21 will open wef 1" April 2021 onwards).


Benefits of Online Return Filing:

         The food business need not maintain receipts and records of physical nature.

         FBOs shall be saved from inadvertent penalties 

         Reminders for submission of annual returns would be sent digitally. Country/State-wise analysis of data would be possible.

         Updated data would be available, as till now all analysis is based on the data provided by the food businesses at the time of obtaining of license, etc

Kindly note that:

1. Presently, return filing due date extended till 31.12.2020 in physical mode.

2. FBO’s are required to maintain the record of submission of Returns.

3. An inadvertent lapse of non-submission or loss of submission proof renders FBO’s are liable for hefty penalties.

 

Notification Link: 

https://www.fssai.gov.in/upload/advisories/2020/12/5fe1c2422c4beOrder_Mandatory_Annual_Return_FBO_21_12_2020.pdf


Disclaimer:  Disclaimer: Every effort has been made to avoid errors or omissions in this material. In spite of this, errors may creep in. Any mistake, error or discrepancy noted may be brought to our notice which shall be taken care of in the next edition. In no event the author shall be liable for any direct, indirect, special or incidental damage resulting from or arising out of or in connection with the use of this information.

Saturday 19 December 2020

CARO, 2020 Applicable w.e.f. 01.04.2021 – MCA Notification

CARO, 2020 Applicable w.e.f. 01.04.2021 – MCA Notification

Ministry of Corporate Affairs (MCA) Updates:

Ministry of Corporate Affairs (MCA) has issued the Companies (Auditor’s Report) Second Amendment Order, 2020 {CARP, 2020} vide Gazette Id CG-DL-E-19122020-223784 published in NIOG on 19th December, 2020.

Applicable: from the date of its publication in the Official Gazette.

Key Highlight:

In the Companies (Auditor’s Report) Order, 2020, in paragraph 2, for the figures, letters and word “1st April, 2020”, the figures, letters and word “1st April, 2021” shall be substituted.

Kindly note that: The principal order was published in the Gazette of India, Extraordinary, Part II, section 3, subsection (ii), vide number S.O. 849(E), dated the 25th February, 2020 and was subsequently amended vide number S.O. 1219 (E), dated the 24th March, 2020.

Link of this Notification: http://egazette.nic.in/WriteReadData/2020/223784.pdf

 

Disclaimer:  Disclaimer: Every effort has been made to avoid errors or omissions in this material. In spite of this, errors may creep in. Any mistake, error or discrepancy noted may be brought to our notice which shall be taken care of in the next edition. In no event the author shall be liable for any direct, indirect, special or incidental damage resulting from or arising out of or in connection with the use of this information.

Tuesday 8 December 2020

New URL for NSE - NEAPS Filing 2020

New URL for NSE - NEAPS Filing


New / Additional URL: https://neaps.nseindia.com/NEWLISTINGCORP/

NSE vide  Ref No: NSE/CML/2020/56 dated 04th December, 2020 has issued circular on “Launch of new URL for filing of Information and/or application on NEAPS” to all Listed Companies and Company Secretaries.

NSE has introduced NEAPS (NSE Electronic Application Processing System) which is a web based application facilitates online filing of SEBI Disclosures, Clarifications and Compliance Filings,  Corporate Governance Report, the Shareholding Pattern by companies, Results and other disclosures.

Over a period of time need was felt to redesign NEAPS in order to provide an user friendly interface.

Currently companies are using https://www.connect2nse.com/LISTING/ and https://neaps.nseindia.com/LISTING/  URL for making submission on NEAPS, now an additional URL https://neaps.nseindia.com/NEWLISTINGCORP/  is being provided to the companies for making the submissions.

The Companies shall have access to all the above URLs till further notice except on December 12, 2020, where only https://neaps.nseindia.com/NEWLISTINGCORP/  link will be available for filling/submission on NEAPS.

For any assistance required while using new URL, please mark an email on takeover@nse.co.in . or call at toll free no. 1800 266 0058.

Link: https://static.nseindia.com//s3fs-public/inline-files/NSE_Circular_04122020.pdf

Disclaimer: Disclaimer: Every effort has been made to avoid errors or omissions in this material. In spite of this, errors may creep in. Any mistake, error or discrepancy noted may be brought to our notice which shall be taken care of in the next edition. In no event the author shall be liable for any direct, indirect, special or incidental damage resulting from or arising out of or in connection with the use of this information.

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