Compliance Calendar For August 2019 by CA Rubneet Anand


A. Compliances Calendar for GST
B. Compliances Calendar for ESI and PF Payments
C. Compliances Calendar for Income Tax Act
D.

Compliance Requirement under SEBI (Listing Obligations and Disclosure Requirements) (LODR) Regulations, 2015

E. SEBI (Prohibition of Insider Trading) Regulations, 2015
F. SEBI Takeover Regulations 2011
G. Compliance Requirement UNDER Companies Act, 2013 and Rules made thereunder
H. Due Dates of ROC filings


The compliances of statutory laws, rules & regulations carry significance in terms of discharging the legal responsibilities by the various entities operating in the country. The meeting of deadlines and submitting the periodic information to the Government authorities is one of the most important and critical part of the working of the business.

For the ease of reference and smooth working, the table has been compiled below including all the important dates and types of forms required for meeting the statutory timelines.

S.No  Particulars of Compliance Forms/Returns Due Date 
 A.   Compliances Calendar for GST 
1. Form GSTR-7 for the (Period: From October 2018 to July 2019) (TDS Deductor) GSTR-7 31.08.2019
2. TCS Collector (for the month of July, 2019) GSTR-8 10-08-2019
3. Return of outward supplies of taxable goods and/or services for the Month of July 2019 (for Assesses having turnover exceeding 1.5 Cr.) Monthly Return.  GSTR -1 11-08-2019
4. Return for Input Service Distributor  GSTR – 6  13-08-2019
5. Payment of self-assessed tax PMT-08 Payment of tax shall be made by 20th of the month succeeding the month to which the liability pertains.
6. Application for Refund RFD-10 18 months after end of the quarter for which refund is to be claimed
7. Summary of outward taxable supplies and tax payable by Non-Resident taxable person & OIDAR respectively.(for the month of July, 2019)  GSTR-5 & GSTR – 5A 20.08.2019
8. Simple GSTR return for the month of July, 2019  GSTR 3B 20-08-2019
9. Annual Returns for FY 2017-18 GSTR-9, GSTR-9A & GSTR-9C 31.08.2019
 
 B.   Compliances Calendar for ESI and PF Payments 
1. PF Payment for July 2019  ECR 15-08-2019
2. ESIC Payment for July 2019 ESI Challan 15-08-2019
3.  Payment of Professional Tax and Shop & Establishment Taxes   31.08.2019
 C.   Compliances Calendar for Income Tax Act  
1. Due date for deposit of Tax deducted/collected for the month of July, 2019.However, all sum deducted/collected by an office of the government shall be paid to the credit of the Central Government on the same day where tax is paid without production of an Income-tax Challan  TDS & TCS 07-08-2019
2. Due date for issue of TDS Certificate for tax deducted under section 194-IA in the month of June, 2019 TDS Certificate u/s 194-IA 07-08-2019
3. Due date for issue of TDS Certificate for tax deducted under section 194-IB in the month of June 2019 TDS Certificate u/s 194-IB 07-08-2019
4. Due date for furnishing of Form 24G by an office of the Government where TDS/TCS for the month of July, 2019 has been paid without the production of a challan Form 24G 15-08-2019
5. Quarterly TDS certificates (in respect of tax deducted for payments other than salary) for the quarter ending June 30, 2019.    15-08-2019
6. First instalment of advance tax for the assessment year 2020-21   15-06-2019
7. Certificate of tax deducted at source to employees in respect of salary paid and tax deducted during Financial Year 2018-19   15-06-2019
8. Due date for furnishing statement in Form no. 3BB by a stock exchange in respect of transactions in which client codes been modified after registering in the system for the month of July, 2019 Form No. 3BB 15-08-2019
9. Due date for e-filing of a statement (in Form No. 3CEK) by an eligible investment fund under section 9A in respect of its activities in financial year 2018-19. Form No. 3CEK 29.06.2019
10 Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194-IA in the month of July, 2019 Statement for tax deducted u/s 194-IA 30.08.2019
11 Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194-IB in the month of July, 2019 Statement for tax deducted u/s 194-IB 30.08.2019
12 Due date for filing Income Tax Return filing for AY 2019-20 has been extended ITR 31.08.2019

D.  Compliance Requirement under SEBI (Listing Obligations and Disclosure Requirements) (LODR) Regulations, 2015
Annual Compliances

Sl. No. Regulation No. Compliance Particular Compliance Period (Due Date)
1 Regulation 14 Listing fees & other Charges Payment manner as specified by the Board of by Recognised Stock Exchange.
2 Regulation 34* (shall be amended w.e.f. April 2019) Annual Report Within 21 working days from the AGM Date
 
Event based Compliances

Sl. No. Regulation No. Compliance Particular Compliance Period (Due Date)
1. Regulation 7 (5) Intimation of appointment / Change of Share Transfer Agent. Within 7 days of Agreement with RTA.
2. Regulation 17(2) Meeting of Board of Directors The board of directors shall meet at least 4 times a year, with a maximum time gap of 120 days between any two meetings.
3. Regulation 18(2) Meeting of the audit committee The audit committee shall meet at least 4 times in a year and not more than 120 days shall elapse between two meetings.
4. Regulation 29 Notice for Board Meeting to consider the prescribed matters. The Company shall give an advance notice of:a) at least 5 days for Financial Result as per Regulation 29 1 (a)b) in case matters as stated in regulation 29 1 (b) to (f) –2 Working days in advance(Excluding the date of the intimation and date of the meeting) to Stock Exchange.c) 11 working days in case matter related to alteration in i) Securities ;ii) date of interest or redemption of Debenture / bond as per regulation 29(3) (a) ,(b).
5 Regulation 30 Outcome of Board Meeting (Schedule III Part A- (4) within 30 minutes of the closure of the meeting
6.    Regulation 31    Holding of specified securities and shareholding pattern Reg. 31(1)(a): 1 day prior to listing of its securities on the stock exchange(s);Reg. 31(1)(c): within 10 days of any capital restructuring of the listed entity resulting in a change exceeding 2 % of the total paid-up share capital.
7 Regulation 39 Issuance of Certificates or Receipts/Letters/Advices for securities and dealing with unclaimed securities Reg. 39(2): The listed entity shall issue certificates or receipts or advices, as applicable, of subdivision, split, consolidation, renewal, exchanges, endorsements, issuance of duplicates thereof or issuance of new certificates or receipts or advices, as applicable, in cases of loss or old decrepit or worn out certificates or receipts or advices, as applicable within 30 days from the date of such lodgement.Reg. 39(2): The listed entity shall submit information regarding loss of share certificates and issue of the duplicate certificates, to the stock exchange within 2 days of its getting information.
8 Regulation 40 Transfer or transmission or transposition of securities After due verification of the documents, the Listed Company shall register transfers of its securities in the name of the transferee (s) and issue certificates or receipts or advices, as applicable, of transfers; or issue any valid objection or intimation to the transferee or transferor, as the case may be, within a period of 15 days from the date of such receipt of request for transfer:Transmission  requests are processed for securities held in dematerialized mode and physical mode within 7 days and 21 days respectively, after receipt of the specified documents
9 Regulation 43 Declaration of Dividend The company has to declare and disclose the dividend on per share basis only.
10 Regulation 46 Company Website:.Listed entity shall disseminate the information as stated in Regulation 46 (2) Shall update any change in the content of its website within2 working days from the date of such change in content.
11 Regulation 50 Intimation to Stock Exchange Listed Company shall give prior intimation at least 11 working days before the date on and from which the interest on debentures and bonds, and redemption amount of redeemable shares or of debentures and bonds shall be payable.
12 Regulation 57 Other submissions to stock exchange(s). Listed Company shall submit a certificate to the stock exchange within 2 days of the interest or principal or both becoming due that it has made timely payment of interests or principal obligations or both in respect of the non convertible debt securities
13 Regulation 82 Intimation and filings with stock exchange(s) Intention to issue new securitized debt instruments either through a public issue or on private placement basis :Reg. 82(2) : Intimation of Meeting at least  2 working days in advance, excluding the date of the intimation and date of the meeting, regarding the meeting of its board of trustees, at which the recommendation or declaration of issue of securitized debt instruments or any other matter affecting the rights or interests of holders of securitized debt instruments is proposed to be considered
14 Regulation 106 J Period of subscription and issue of allotment letter. A rights issue shall be open for subscription in India for a period as applicable under the laws of its home country but in no case less than 10 days.
15 Regulation 108 Application for Listing. The issuer / the issuing company, shall, make an application for listing, within 20 days from the date of allotment, to one or more recognized stock exchange(s) along with the documents specified by stock exchange(s) from time to time.
16 SCHEDULE IIIPART A: DISCLOSURES OF EVENTS OR INFORMATION: SPECIFIED SECURITIES  Events which shall be disclosed without any application of the guidelines for materiality as specified in sub-regulation (4) of regulation (30) ended December 2018) (7B) In case of resignation of an independent director of the listed entity, within 7 days from the date of resignation, the following disclosures shall be made to the stock exchanges by the listed entities as mentioned in 7B (i), 7B(ii) & 7B(iii)
 
SEBI (Prohibition of Insider Trading) Regulations, 2015

Sl. No. Regulation No. Compliance Particular Compliance Period (Due Date)
1 Regulation 7(2) “Continual Disclosures” Every promoter, employee and director of every company shall disclose to the company the number of such securities acquired or disposed of within two trading days of such transaction if the value of the securities traded, whether in one transaction or a series of transactions over any calendar quarter, aggregates to a traded value in excess of ten lakh rupees (10,00,000/-) or such other value as may be specified. Every company shall notify;within two trading daysof receipt of the disclosure or from becoming aware of such information
 
SEBI Takeover Regulations 2011

Sl. No. Regulation No. Compliance Particular Compliance Period (Due Date)
1 Regulation 30(1) Every person, who together with persons acting in concert with him, holds shares or voting rights entitling him to exercise 25% or more of the voting rights in a target company, shall disclose their aggregate shareholding and voting rights as of the 31st day of  March, in such target company in such form as may be specified. Disclosures shall be made within seven (7) working days from the end of each financial year to;1) every stock exchange where the shares of the target company are listed; and2) the target company at its registered office.
2 Regulation 30(2) The promoter of every target company shall together with persons acting in concert with him, disclose their aggregate shareholding and voting rights as of the thirty-first day of March, in such target company in such form as may Disclosures shall be made within seven (7) working days from the end of each financial year to;1) every stock exchange where the shares of the target company are listed; and2) the target company at its registered office.

G.  Compliance Requirement UNDER Companies Act, 2013 and Rules made thereunder;

 Sr no  Due Dates Compliance Particulars Forms / Filing mode
 1.  Within 180 Days From The Date Of Incorporation Of The Company As per Section 10 A (Commencement of Business) of the Companies Act, 2013, inserted vide the Companies (Amendment) Ordinance, 2018 w.e.f. 2nd November, 2018, a Company Incorporated after the ordinance and having share capital shall not commence its business or exercise any borrowing powers unless a declaration is filed by the Director within 180 days from the date of Incorporation of the Company with the ROC. MCA E- Form INC 20A
2. within 90 days from the date of notification( earlier On or before 8th of May, 2019) A person having Significant beneficial owner shall file a declaration to the reporting companyi.e. within 90 days of the commencement of the Companies (Significant Beneficial Owners) Amendment Rules, 2019, Form BEN-1(e-form not yet deployed by Ministry (ROC))
3. Within 30 Days Filing of form BEN-2 under the Companies (Significant Beneficial Owners) Rules, 2018.(Within 30 days from the date of receipt of declaration in BEN-1) Form BEN – 2(e-form not yet deployed by Ministry (ROC))
 4. On or before 15.06.2019 Filing of the particulars of the Company & its registered office.(by every company incorporated on or before the 31.12.2017.)  Active FormINC -22A
 5.  Within 30 Days from the date of deployment of revised e-form DIN KYC through DIR 3 KYC Form is an Annual Exercise, however, the e-form presently is not designed in such manner and thus the due date for filing the e-form would be 30 days from the date of deployment of revised e-form.Penalty after due date is Rs. 5000/-  E-Form DIR – 3 KYC( Revised E-Form, Not yet deployed)
 6. within 60 days from the conclusion of each half year Reconciliation of Share Capital Audit Report (Half-yearly)Pursuant to sub-rule Rule 9A (8) of Companies (Prospectus and Allotment of Securities) Rules, 2014Applicable w.e.f. 30.09.2019 E-Form PAS – 6(E-Form, Not yet deployed)

H.  Due Dates of ROC filings:

 Sr. No  Compliance Particulars Due Dates E- Forms
1 Appointment of Auditor With in 15 days from the conclusion of AGM ADT-1
2 Filing of financial statement and other documents with the ROC With in 30 days from the conclusion of the AGM, other than OPC(In case of OPC within 180 days from the close of the financial year) AOC-4
3 Filing of annual return by a company. With in 60 days from the conclusion of AGM MGT-7
4 Filing of Cost Audit Report with the Central Government With in 30 days from the receipt of Cost Audit Report CRA-4
5 Filing of Resolutions and agreements to the Registrar With in 30 days from the date of Board Meeting. MGT-14
 

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