Paperless Customs enables electronic Shipping Bill and e-Gatepass transmission, replacing printed export documents and physical dockets.
Paperless Customs requires electronic transmission of the digitally signed PDF of the Shipping Bill bearing the Final LEO and an e-Gatepass PDF to registered exporters and customs brokers, replacing routine printing and physical dockets; PDFs include encrypted QR codes with key shipment data and a version number for authenticity verification, and custodians must integrate with ICEGATE for electronic LEO receipt while all supporting documents must be uploaded to e-Sanchit.

Enforcement wing reorganisation reshapes GST inspection and search jurisdiction, consolidating district coverage and staff deployment for revenue protection.
Enforcement Wings under Tripura SGST are reorganised into two merged units for inspection, search, seizure of goods in movement, and access to business premises, godowns and other premises within jurisdiction to safeguard revenue. The Agartala Enforcement Wing covers West Tripura, Sepahijala, Gomati and South Tripura districts, while the Churaibari Enforcement Wing covers North Tripura, Unakoti, Dhalai and Khowai districts. Personnel posted at Udaipur and Ambassa are directed to join the respective merged wings, and the earlier arrangement is superseded.

Director remuneration under GST: employee salary remains outside GST, while non-salary payments attract reverse charge for companies.
GST on directors' remuneration depends on employee status and the nature of the payment. Remuneration paid to independent directors and other non-employee directors is taxable, with the company liable under reverse charge. Salary recorded in the company's books and subjected to tax deduction at source as salary is treated as employee remuneration outside Schedule III. Separately recorded non-salary remuneration subjected to tax deduction as professional or technical fees is treated as taxable consideration, and the company must discharge GST under reverse charge.

Input tax credit refunds for imports, ISD invoices and reverse-charge supplies remain outside GSTR-2A reflection restrictions.
Refund of accumulated input tax credit for supplier invoices is restricted to credit supported by details uploaded in FORM GSTR-1 and reflected in FORM GSTR-2A. This replaces the earlier treatment of invoices absent from FORM GSTR-2A where invoice copies could be uploaded with the refund application. The restriction does not apply to ITC relating to imports, Input Service Distributor invoices, or inward supplies subject to the reverse charge mechanism. Refund treatment for these categories continues on the pre-existing basis.

GST return delay relief grants reduced interest and conditional late-fee waiver for eligible COVID-19 period filings.
COVID-19 GST relief revises interest and late-fee treatment for delayed GSTR-3B and GSTR-1 filings. Taxpayers above the prescribed turnover threshold receive nil interest for an initial delayed period, reduced interest up to the specified cut-off, and normal interest thereafter. Eligible smaller taxpayers receive nil interest until specified filing dates, reduced interest until 30 September 2020, and normal interest thereafter. Late-fee waiver is conditional on filing GSTR-3B by the prescribed extended dates; otherwise, late fee runs from the original due date until filing.

Disablement of trading member: immediate freeze of accounts and expedited forensic audit to protect non-defaulting clients.
On triggering early warning signals or specified criteria indicating likely default by a Trading Member/Clearing Member, the initiating Stock Exchange shall seek explanations, conduct a limited-purpose joint inspection, and may direct disablement of the trading terminal. Exchanges shall notify clearing corporations, depositories and banks; depositories shall freeze demat accounts and suspend POAs; banks shall freeze member bank accounts on exchange instruction. CMs/CCs shall square off or liquidate open positions, encash collateral and invoke guarantees, while a forensic audit and asset-liability assessment are conducted to enable interim settlement of client claims and subsequent default proceedings under bye-laws.

Compliance deadline extension for REITs and InvITs grants an additional month for regulatory filings and compliances.
SEBI amended earlier relief to grant REITs and InvITs an additional one-month extension for regulatory filings and compliances for the period ending March 31, 2020 beyond previously extended timelines, effective immediately, and directed stock exchanges to notify and disseminate the circular.

Customs port designation: ICD Sonepat permitted for import and export under export promotion schemes subject to scheme conditions.
Operations through ICD Sonepat (INBDM6) are permitted for imports and exports under the listed export promotion schemes, subject to fulfillment of conditions in the referenced notifications and the Handbook of Procedure/Foreign Trade Policy and departmental instructions, and the Commissioner's powers to notify additional ports remain applicable.

Relaxation of compliance timelines extended for depository participants and RTAs, allowing backlog clearance after exclusion period.
The circular extends regulatory timelines for DPs and RTAs by treating the period from March 23, 2020 to July 31, 2020 as a period of exclusion for specified compliance activities and allows a 15 day period after July 31, 2020 to clear backlogs. Extended activities include processing demat request forms by issuers/RTAs and participants, submission of half yearly Internal Audit Reports for the half year ended March 31, 2020, redressal of investor grievances, transmission of securities, and closure of demat accounts. Reporting deadlines for AI/ML disclosures by Trading Members and Clearing Members are likewise extended, with all other prior conditions remaining in force.

Collection of stamp duty on AIF units: RTAs to collect for non-exchange transactions; AIFs must appoint RTAs and safeguard funds.
Registrars to an Issue and/or Share Transfer Agents are designated as collecting agents for stamp duty under the Indian Stamp Act for AIF unit transactions outside recognised exchanges or depositories; RTAs already appointed must collect stamp duty, and AIFs without RTAs must appoint them promptly. Until appointment, AIFs shall hold applicable stamp duty in a designated bank account for transfer to RTAs for onward remittance; dematerialised transactions through exchanges or depositories continue to be subject to collection by those entities.

AEO certification validity extension grants a uniform renewal deadline for certificates affected during the COVID disruption period.
The Board directed that all AEO certificates expired or expiring between 01.03.2020 and 30.09.2020 are extended in validity to 30.09.2020 to facilitate renewals, except for entities against which a negative report is received; the measure amends Circular No. 27/2020 and requires publicity via Trade/Public Notices and reporting of implementation difficulties.

Extension of recognition validity for Pre shipment Inspection Agencies: administrative short term extension preserves inspection continuity.
The Director General of Foreign Trade, exercising powers under the Foreign Trade Policy and relaxing the Handbook of Procedure, extends the recognition validity of Pre Shipment Inspection Agencies listed in Appendix 2G of the Aayat Niryat Forms whose tenures would expire on or before the specified cutoff, granting a limited administrative extension to maintain continuity of inspection services and compliance mechanisms.

Export quota for PPE medical coveralls: monthly application window with specified manufacturer documentation and three-month licence validity.
Procedure establishes a controlled export regime for PPE medical coveralls with a fixed monthly export quota allocated through online applications filed within the first three days of each month, approvals completed by the tenth day, and export licences valid for three months. Eligibility requires the applicant be a manufacturer with registration proof, testing/accreditation from Ministry of Textiles-recognized labs, either importer's standards certificate or BIS certificate, a Chartered Engineer's certificate certifying fabrics manufactured in India, IEC copy, purchase order/invoice, and self-attested documents; only one application per IEC per month is permitted.

Extension of compliance timeline for portfolio manager guidelines; provisions now deferred and will apply from the revised effective date.
SEBI has deferred the applicability of the Guidelines for Portfolio Managers by a further three months, making the provisions of the earlier circular applicable with effect from October 01, 2020. The deferment responds to market conditions and requests from portfolio managers and is issued under Section 11(1) of the SEBI Act, 1992, coming into force with immediate effect; the circular is published on the SEBI website under relevant categories.

Customs EDI centralization enables electronic filing, assessment, bonds and licence management, standardizing import export clearances under ICES 1.5.
Centralized ICES 1.5 implementation at the specified ICD enables electronic filing and automated processing of Bills of Entry and Shipping Bills, integration with ICEGATE for remote filing and digital signatures, designation of banks for duty and drawback transactions, service centre data entry and charge schedules, and connectivity to CBIC National Data Centre for workflow, assessment, audit and release procedures.

Investigation timelines require staged document collection, escalation, security deposit and CRD registration to ensure timely SVB case processing.
Procedural guidelines divide SVB work into four groups-Preliminary Scrutiny, Documents Collection & Follow up, Final Investigation, and File & Data Management-each with prescribed duties: screening and checklist preparation, persistent requisition and escalation including EDD and summons, timely preparation and approval of investigation reports with extension protocols, and CRD entry plus weekly/monthly reporting; Annexure-1 provides a detailed documentary checklist tied to Annexure-A/B to standardize evidence collection and tracking.

Relaxation of meeting gap extended; boards and audit committees must still meet at least four times annually.
Relaxation of the maximum permitted interval between consecutive board and Audit Committee meetings is extended to cover meetings up to July 31, 2020, while requiring boards and audit committees of listed entities to hold at least four meetings per year; stock exchanges must notify listed entities and disseminate the circular, which takes immediate effect and is issued under SEBI's regulatory powers subject to the Companies Act and related rules.

Animal quarantine sample collection procedures updated: customs to draw, seal and centralize samples for quarantine NOC processing.
Procedure for drawl and collection of livestock product samples for Animal Quarantine NOC is standardized: samples are drawn in presence of a customs officer and broker/importer, sealed, and collected by Customs Central Sample Cell (CSC) from CFSs to CSC. An Animal Quarantine officer will daily attend CSC for half a day to accept sealed samples and process the NOC; importers/CBs need not deliver samples to the off site quarantine office.

GST registration and pandemic compliance deadlines govern IRP changes, merchant-exporter exports, and job-work reporting requirements.
GST registration is not required afresh for an IRP/RP where all FORM GSTR-1 statements and FORM GSTR-3B returns for periods before appointment have been furnished under the corporate debtor's existing registration. A subsequent change of IRP/RP is treated as a change of authorised signatory and does not require another registration. Merchant-exporter export conditions expiring during the specified COVID-19 period, and FORM GST ITC-04 for the quarter ending March 2020, are extended to 30 June 2020.

Registered-supplier threshold for real estate promoters governs GST payment on shortfall value through FORM GST DRC-03.
Payment of GST by a real estate promoter or developer is required on the value of inward supplies that fall short of the prescribed 80 per cent registered-supplier threshold for inputs and input services, excluding specified land-rights and fuel-related supplies. The tax on the shortfall must be discharged electronically through the common portal by the end of the quarter following the financial year. The prescribed form for reporting and payment of this shortfall tax is FORM GST DRC-03.