Digital delivery of IEC services mandates user registration and mandatory digital signature linking for online IEC processing.
An online platform for IEC services requires username/password registration linked to registered mobile and email with OTP/email authentication; users must link logins to specific IECs using Digital Signature/Aadhaar e-Sign, which is mandatory for applying or modifying IECs and managing IEC-linked users. The platform will migrate legacy data for online processing and monitoring, include a chatbot for queries, and additional trade modules will be rolled out after the first phase stabilises. Regional Authorities must ensure staff have official email accounts and updated mobile numbers for Back Office access and promote awareness and training. IEC application and modification services will be temporarily suspended for the go-live cutover.

Extension of filing deadline for Annual Secretarial Compliance Report to July 31 due to COVID 19; exchanges to notify.
Extension of timeline for submission of the Annual Secretarial Compliance Report by listed entities is granted for one additional month to July 31, 2020, following representations received and continuing operational difficulties due to the COVID 19 pandemic. The Circular is effective immediately and requires Recognized Stock Exchanges to notify and disseminate the extension to all listed entities that have issued specified securities.

Paperless Customs: electronic Shipping Bill and e Gatepass PDFs replace printed copies, enabling QR based authenticity verification.
Electronic transmission of the PDF Shipping Bill bearing the Final LEO copy and the e Gatepass replaces routine printing and physical docket maintenance; PDFs will include a digitally signed encrypted QR code with key shipment details and a version number for authenticity checks via ICEGATE/ICETRAK. LEO messages will be sent to custodians integrated with ICEGATE; exporters must upload all supporting documents to e Sanchit and physical collection of dockets is dispensed with.

Paperless Customs expands electronic transmission of digitally signed Shipping Bill and eGatepass PDFs to exporters and brokers.
Electronic transmission of digitally generated PDF copies of the Shipping Bill bearing Final LEO and the eGatepass will replace mandatory printing and physical dockets. PDFs will include a digitally signed, encrypted QR code encoding key shipment details and a version number for authenticity and tamper-evidence; custodians integrated with ICEGATE will receive LEO messages electronically. All supporting export documents must be uploaded to eSanchit and field units must ensure custodian registration and operational support for the paperless process.

Video conferencing personal hearings enabled for tax proceedings, with emailed notices, ID requirements and an electronic record requirement.
Personal hearings under SGST proceedings will be conducted by video conferencing with notices served by email and advance communication of meeting links and assistance contacts. Representatives must file scanned vakalatnama and photo ID by official email; hearings use approved VC applications and departmental VC facilities. Oral submissions will be reduced to a written "record of personal hearing," emailed as a PDF within one day; parties may amend and return the signed record within three days or be deemed to have accepted it. The emailed record is recognised under the Information Technology Act, 2000.

CSR contribution to PM CARES Fund: amendment to Schedule provisions renders prior office memorandum redundant and superseded.
The circular confirms that the amendment to Schedule VII of the Companies Act is deemed to have come into force on 28 March 2020, and accordingly the Office Memorandum CSR-05/1/2020-CSR_MCA dated 28.03.2020 is redundant and stands superseded.

Order-to-trade ratio limits for algorithmic trading: higher OTR slabs allowed with deterrent penalties and temporary cooling-off.
SEBI allows stock exchanges to introduce higher OTR penalty slabs with deterrent incremental penalties and requires a cooling-off measure whereby a member recording three instances of OTR at or above the higher threshold within a rolling thirty-day period is prohibited from placing orders for the first fifteen minutes of the next trading day; exchanges must amend their byelaws, rules or regulations as needed.

Extension of filing deadline for listed entities' financial results due to COVID-19; regulator grants further compliance relief.
The timeline for submission of quarterly and annual financial results for the period ending 31 March 2020 under the Listing Obligations and Disclosure Requirements is extended by one month; the same extension applies to entities with listed non convertible debt instruments and similar securities for half yearly and annual submissions. The circular takes immediate effect and stock exchanges are directed to notify and disseminate the extension, issued under the regulator's statutory powers and applicable listing regulations.

Custodian appointment renewed: custodian and CCSP status maintained subject to regulatory compliance and AEO-linked bank guarantee terms.
Renewal appoints M/s. Seabird Marine Services Pvt. Ltd. as Custodian and as Customs Cargo Services Provider under the Customs Act and HCCAR 2009, reaffirming custody of imported goods until clearance, warehousing or transshipment and custody of export cargo for examination and stuffing. The renewal is conditional on compliance with the Customs Act and HCCAR 2009, a fixed five-year term, a bank guarantee waiver tied to the CFS's AEO-LO accreditation (with obligation to furnish a bank guarantee if AEO status lapses), and the Commissioner's right to review or revoke approval for non-compliance or governmental direction.

Paperless Customs: digital Shipping Bill and e Gatepass with tamper proof QR to replace printouts, and mandatory e Sanchit upload enforced.
Customs shall electronically transmit PDF Final LEO copies of the Shipping Bill and e Gatepass PDFs to registered exporters and customs brokers, replacing routine printing and physical dockets. The Final LEO PDF will include a digitally signed, encrypted QR code with key shipment details and a version number; custodians must integrate with ICEGATE or register. e Gatepass PDFs will carry summary logistics details and QR codes for the document and each container/package. All supporting export documents must be uploaded to e Sanchit; exceptional printouts require Commissioner approval.

Paperless customs: electronic Shipping Bill and e Gatepass PDFs with secure QR codes replace routine printed copies.
Electronic transmission replaces routine printing: the Directorate General of Systems will email the Final LEO PDF and the e Gatepass PDF to registered exporters and customs brokers. Each PDF carries a digitally signed, encrypted QR code with key shipment details and a version number for authenticity checks; e Gatepass PDFs include both document-level and package/container-level QR codes. LEO messages are sent to ICEGATE integrated custodians, all supporting documents must be uploaded to e Sanchit, and exceptions for printing require approval by the relevant Commissioner.

GST compliance for construction services: developers must pay tax on procurement shortfalls using the prescribed electronic form.
Tax liability arises where a promoter/developer fails to procure the prescribed portion of inputs and input services from a registered supplier for construction of residential apartments; such shortfalling value is taxable and must be paid electronically on the common portal using Form DRC-03 within the period prescribed for the quarter following the financial year.

Reduced GST interest rates and conditional late fee waivers extend relief for delayed GST returns under amended notifications.
The circular explains amended notifications that alter interest and late-fee relief for delayed GST returns: for taxpayers above the aggregate turnover threshold a brief nil-interest grace period is followed by a reduced interest rate until a cut-off date and then the normal rate; for taxpayers below the threshold extended nil-interest windows and a subsequent reduced rate apply until a later cut-off date. The waiver of late fee is conditional on filing FORM GSTR-3B by specified dates, otherwise late fee is payable from the original due date until filing.

Temporary relaxation in FPI document processing extended under regulatory authority; DDPs and custodians must notify clients.
Temporary relaxation in processing of documents pertaining to FPIs is extended to August 31, 2020, with all other terms and conditions of the March 30, 2020 circular remaining unchanged; DDPs and custodians are required to notify their FPI clients and to continue applying the authorized relaxed document acceptance and verification measures under the regulator's powers to protect investors and accommodate AML record keeping flexibility.

Defaulted debt securities: transactions permitted after issuer or debenture trustee intimation, with mandatory disclosure and timelines.
Issuers must promptly intimate payment status of debt securities; Stock Exchanges suspend trading two working days before redemption and Depositories restrict transfers on and after maturity until status is determined. If issuers do not notify, Debenture Trustees shall assess and report payment status within nine working days of maturity. Upon intimation of default, Depositories and Exchanges shall lift restrictions within two working days, flag the ISIN as "ISIN-defaulted in redemption," disseminate the status, permit reporting of OTC trades with explicit default warnings, and notify account holders of the defaulted status.

Paperless customs: Electronic Shipping Bill and eGatepass PDFs with secure QR verification replace routine physical printouts for exporters.
Directs exclusive electronic transmission of the PDF Final LEO copy of the Shipping Bill and the eGatepass to registered exporters and customs brokers, discontinuing routine printing and physical dockets. The Final LEO PDF will carry a digitally signed, encrypted QR code with key shipment details and a version number verifiable via ICETRAK and ICEGATE. The eGatepass PDF will include summary logistics details and separate QR codes for the document and for each container/package. All supporting export documents must be uploaded to eSanchit; exceptions for printouts require Principal Commissioner approval.

Paperless Customs: digital Shipping Bill and e-Gatepass PDFs with secure QR verification replace mandatory physical printouts for exporters.
Digital Final LEO PDFs and e-Gatepass PDFs will be electronically transmitted to registered exporters and customs brokers in place of routine printouts; the Final LEO PDF contains a digitally signed, encrypted QR code with key shipment details and a version number verifiable via ICETRAK and ICEGATE. e-Gatepass PDFs include document-level and container/package-level QR codes for movement verification. Custodians must register with ICEGATE to receive LEO messages. All supporting export documents must be uploaded to eSanchit, and exceptional printouts require Commissioner-level approval.

Paperless customs: electronic PDF Final LEO and e-Gatepass with secure QR verification replace printed shipping documents.
With effect from 22.06.2020 the digital PDF of the Final Let Export Order (LEO) copy of the Shipping Bill will be electronically sent to registered exporters and brokers, replacing printed exporter copies and physical dockets; the PDF will include a digitally signed, encrypted QR code with key shipping details and a version number to verify authenticity and recency, and custodians integrated with ICEGATE will receive LEO messages.

Paperless customs: electronic PDF Shipping Bill and e Gatepass with verifiable QR codes replacing physical printouts for export movement.
Paperless Customs requires electronic transmission of the PDF Final LEO of the Shipping Bill and the e-Gatepass to registered exporters, customs brokers and integrated custodians, replacing routine printing and physical dockets. The Final LEO PDF will bear a digitally signed, encrypted QR code and a version number for authenticity and currentness verification via the designated app and ICEGATE. The e-Gatepass PDF will include logistics summaries and two QR code types (document-level and container/package-level) to control movement; custodians must integrate with ICEGATE and all supporting documents must be uploaded electronically.

Virtual unitholder meetings permitted; framework ensures two-way participation, remote e-voting, transcript publication and safeguards.
InvITs and REITs may hold unitholder meetings via video conferencing or other audio visual means under a specified procedural framework: maintain and upload meeting transcripts; ensure two way participation with capacity for at least one thousand unitholders or actual unitholder count; provide remote e voting before the meeting and e voting during the meeting for eligible present unitholders; chairperson to record that reasonable efforts were made to enable participation; at least one independent director and the auditor or authorised representative must attend; notices must disclose access instructions, e voting procedures for unregistered email holders, helpline details, and be posted on the InvIT/REIT website and stock exchanges where listed.