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Statutory Due Dates- June Compliance Calendar 2024

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..... Statutory Due Dates- June Compliance Calendar 2024 - By: - Ishita Ramani - Other Topics - Dated:- 8-6-2024 - Introduction Staying current with statutory compliance standards is essential for businesses navigating India's rules and regulations. It also assists you in avoiding economic difficulties such as inadequate credit and fines for non-compliance. This article defines the terms Form DPT-3 .....

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..... and Importer or Exporter code. The June Compliance Calendar 2024 provides the filing of Form DPT-3 and the renewal of the Importer or Exporter Code (IEC). and provides information on due dates, forms to be filled out, periods, and who should file them. June Compliance Calendar 2024 Here's the June Compliance Calendar 2024 which provides detailed information: Important Statutory due dates for .....

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..... Renewals in June 2024 Due Dates Forms to be Filled Periods Who Should File Them? 30.06.2024 DPT-3 Financial Year 2023-24 Form DPT-3 is filed by companies in India under the Companies Act, 2013 . Specifically, it is filed by companies to provide information about deposits, including details of outstanding deposits and depositors, as required by rule 16 of the Companies (Enacting Deposits Rules, 201 .....

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..... 4). 30.06.2024 IEC Code Renewal Financial Year 2023-24 An Importer-Exporter Code (IEC) is a significant business identification number for an import/export business. A person/entity cannot export or import without obtaining an IEC unless specifically exempted. Form DPT-3 Form DPT-3: An Annual Compliance Requirement Under the Companies Act of 2013, Form DPT-3 is a mandatory deposit return. All comp .....

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..... anies, except government agencies, are required to submit this form once a year to disclose specifics about deposits, outstanding loans, and money received that isn't considered a deposit. Relevant Information: 1. Application: All companies ( excluding government companies) 2. Purpose: The information on deposits, loans, and other financial receipts is not considered deposits. Form DPT-3 submi .....

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..... ssion is required by the Ministry of Corporate Affairs (MCA) to improve transparency and guarantee that businesses follow the established guidelines for loans and deposits. Legal issues and fines may arise from noncompliance. The filing process: 1. Compile information: As of March 31, 2024, compile data on loans, deposits, and other revenues. 2. Navigate the MCA Portal: To obtain the Form DPT-3 , .....

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..... sign in to the MCA portal. 3. Fill out and submit: Before the deadline, electronically submit the form, making sure all the information is accurate. The Importer Exporter Code (IEC) renewal Businesses involved in import and export are assigned a unique identification ten-digit code called the Importer Exporter Code (IEC) by the Directorate General of Foreign Trade (DGFT). To keep their IEC valid, .....

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..... IEC renewal must be done every year for businesses. Relevant Information 1. Applicability: Every company must be compliant with IEC 2. Purpose: IEC details of the DGFT database are updated and accurate, Renewal process: 1. Register on the DGFT Portal : Enter your login credentials to access the DGFT website. 2. Update IEC Details: Check and make any necessary updates to your IEC profile's data .....

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..... . 3. Confirm Submission: Provide the updated information or confirm that nothing needs to be changed. Operations related to international trade may be disrupted if the IEC is not updated within the allotted time frame and is deactivated. Conclusion: For businesses to stay out of trouble and maintain efficient operations, meeting legal deadlines is essential. The June compliance calendar 2024 provi .....

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..... des you with statutory due-dates for renewals, forms to be filled out, periods, and who should file them. Businesses can avoid last-minute difficulties by scheduling these days on their compliance calendars and preparing the required paperwork ahead of time. - Scholarly articles for knowledge sharing authors experts professionals Tax Management India - taxmanagementindia - taxmanagement - taxma .....

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..... nagementindia.com - TMI - TaxTMI - TMITax .....

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