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    Revised Guidelines for issue of GST concession certificate for purchase of vehicles by the persons with Orthopedic Physical Disability
    ICAI's announcement regarding clarification on Applicability of Rotation principles on a company as per Section 139 of the Companies Act, 2013
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    Revised Guidelines for issue of GST concession certificate for purchase of vehicles by the persons with Orthopedic Physical Disability
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    GST concession for vehicles for persons with orthopedic disability requires prescribed certificate, documentation and adapted vehicle registration.
    Concessional GST applies to specified passenger vehicles not exceeding 4000 mm length and limited engine capacities and is available to persons with orthopedic physical disability meeting the guideline threshold. Applicants must file the prescribed application to the Department of Heavy Industry with a countersigned medical certificate, three years of Income Tax Returns and a self-declaration regarding prior concession and non-disposal for five years. The Department will issue a GST concession certificate within four weeks, valid for three months, and will copy the dealer, OEM and RTO; such vehicles must be registered as Adapted Vehicle and the dealer must apply concessional GST to the named certificate-holder.
    ICAI's announcement regarding clarification on Applicability of Rotation principles on a company as per Section 139 of the Companies Act, 2013
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    Auditor rotation applicability: professional body asked to withdraw an unauthorized clarification and explain its issuance under Companies Act governance.
    The Ministry of Corporate Affairs states that clarifications on the applicability of rotation principles under the Companies Act are within the Ministry's competence; a professional accounting body issued an unauthorized announcement about when a company ceases to fall under those rotation principles. The Ministry requests immediate withdrawal of the announcement and an explanation for issuing it without prior consultation or approval.

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