CBIC issues Clarification regarding Levy of GST on Director’s Remuneration
CBIC has issued a Clarification w.r.t. the levy of GST on Directors’ remuneration. It has stated that the remuneration paid to such independent directors, or those directors, by whatever name called, who are not employees of the said company, is taxable in hands of the company, on a reverse charge basis.The part of Directors remuneration which are declared as salaries and subjected to TDS are not subject to GST and not treated as supply in terms of Schedule III of the CGST Act, 2017.
Gujarat PCB issues Guidelines for management and transportation of plastic waste under Extended Producer Responsibility
The Gujarat Pollution Control Board has issued guidelines for offline manifest system for Plastic Waste Management. As per the plastic rules, producer, importer and brand owners are made responsible to work out modalities (EPR) for back collection of post-consumer plastic waste generated due to their product.
Environment Audit in the State of Gujarat shall commence from 1st July 2020
The environment audit for the year starting 1st April 2020 will commence from 1st July 2020 and the allotment of Environment Auditor will be done through randomization before July 01, 2020. The allotment of Environment Auditor for industries is executed through the XGN portal of GPCB.
Ministry of Road Transport grants online permission for single unit over dimensional consignment
The Ministry of Road Transport and Highways in its letter dated 10th June 2020 has directed the states to issues online permission for movement of single unit over-dimensional/overweight consignments (ODCs/OWCs) on Modular Hydraulic Trailers (HT-1 to HT-13) on National Highways.
The Ministry of Road Transport further extends the validity of motor vehicle documents till September 2020
The Ministry of Road Transport and Highways has extended the validity of motor vehicle related documents from June 30, 2020 to September 30, 2020.
IRDAI issues guidelines on public disclosures by health insurers
The Insurance Regulatory and Development Authority of India vide its notification dated 10th June 2020 has directed the general and health insurance providers registered with IRDAI rendering health services to disclose the qualitative and quantitative parameters of the health service rendered to their policyholders.
