The State Pollution Control Boards extends validity of consent to operate for reducing burden of lockdown
The Pollution Control Boards across the states in India, as it has not been possible to process some applications for renewal of consent to operate and authorization consequent upon the outbreak of Corona Virus (COVID-19) and subsequent declaration of lockdown, has issued notifications extending for all industrial units validity period of Consent to Operate.
DGFT extends the date of implementation for track and trace system for export of Pharmaceutical and drug consignments
Directorate General of Foreign Trade in its notification dated 30th March 2020 has extended the date of implementation of track and trace system for export of pharmaceutical and drug formulations in order to maintain the parent-child relationship in packaging levels and its uploading on central portal by both Small Scale Industries (SSI) and Non-SSI till 1st day of […]
Government notifies Taxation and Other Laws (Relaxation of Certain Provisions) Ordinance, 2020.
The Ministry of Law and Justice vide its gazette Notification dated 31st March 2020 has published the Taxation and Other Laws (Relaxation of certain provisions) Ordinance, 2020, which provides for extension of various time limits under the Taxation and Benami Acts. It also provides for extension of time limits contained in the Rules or Notification which are prescribed/ issued under these Acts.
CBIC Issues clarification on refund related issues
Central Board of Indirect Taxes and Customs in its circular dated 31st March 2020 has clarified various refund related issues including relaxation of restrictions and explanation of manner to ensure uniformity in the implementation of the provision of law.
RBI extends the period of realization and repatriation of export proceeds.
The Reserve Bank of India in its circular dated 1st April 2020 has decided to extend the period of realisation of export proceeds. The time period for realization and repatriation of export proceeds for exports made up to or on July 31, 2020, has been extended to 15 months from the date of export.
The Ministry of Commerce and Industry has extended the validity of Registration cum membership certificate
The Ministry of Commerce and Industry vide its Trade Notice dated 31st March, 2020 has extended the validity of Registration cum Membership Certificate (RCMC) till 30th day of September, 2020, to reduce the burden caused by pandemic and lockdown.
CBDT extends the validity of lower withholding tax orders by 3 months
The Central Board of Direct Taxes vide its notification dated 31st March 2020 has extended the validity of all lower withholding tax orders, secured by assesses, for three months till June 30 to mitigate the hardship caused by Covid-19-related disruptions.
The government of Tamil Nadu has provided concessions for affected sections of society in view of lockdown
The State Government of Tamil Nadu in its press release dated 31st March 2020 has announced concessions MSME’s, Co-operative Societies and SIPCOT’s in view of the corona virus lockdown, as they’re the most affected. The following concessions are provided to the people who are suffering due to statewide lockdown: The Repayment of loans availed by […]
