Compliance relaxations under LODR extend filing and committee meeting deadlines and defer SOP enforcement to later compliance periods.
SEBI temporarily extends selected LODR compliance timelines and defers the operation of its SoP on enforcement. Extensions cover the half yearly Practicing Company Secretary certificate and AGM timing for top listed entities; annual meeting requirements for Nomination and Remuneration, Stakeholders Relationship and Risk Management Committees are permitted within an extended window. The SoP on enforcement is deferred to a later compliance period while an earlier SoP remains effective until then. Publication of notices in newspapers is exempted for a specified interim period. Stock exchanges must notify listed entities and disseminate the circular under SEBI's regulatory powers.

Round-the-clock customs clearance to maintain uninterrupted import-export movement during COVID-19; electronic endorsements and email acknowledgements permitted
Customs clearance at ports, dry ports and entry points in the Pune Commissionerate is designated essential and will operate round-the-clock to prevent disruption of import-export cargo movement; electronic endorsements and email acknowledgements are authorised and designated email addresses are published for operational use, with departmental officers required to treat the notice as a standing order and monitor mailboxes daily.

Late fee waiver for delayed bills of entry due to pandemic facilitates import clearance; temporary suspension until further notice.
Bills of entry delayed due to difficulties caused by the Corona Virus outbreak will not attract late fee charges for import consignments whose IGMs were filed on or after 20th March, 2020; this temporary waiver remains in effect until further orders and is to be treated as a Standing Order for officers, with specific difficulties to be escalated to the ADC (AP & ACC).

Waiver of late fee for delayed bills of entry due to coronavirus; late filing won't attract fees until further orders.
Import clearance facilitation: delayed Bills of Entry related to IGMs filed on or after 20 March 2020, where lateness arises from coronavirus-related difficulties in obtaining documents or accessing ICEGATE, will not attract late fees for the time being and till further orders; officers must treat this Public Notice as a standing order and report implementation issues to the ADC/JC or DC in charge of Appraising Groups.

Operational debt moratorium protects pre insolvency GST liabilities and requires IRP/RP to obtain new registration and comply with GST obligations.
Pre CIRP GST dues are treated as operational debt and recovery is stayed by the IBC moratorium; such dues should be filed as claims before the insolvency tribunal. GST registration of an entity undergoing CIRP must not be cancelled (suspension permitted) and the IRP/RP need not file pre CIRP returns. The IRP/RP is a distinct person required to obtain new GST registration in relevant jurisdictions, file the first return under section 40, comply with GST obligations during CIRP, and may avail limited ITC on invoices bearing the erstwhile GSTIN in the first return; cash ledger deposits made under the erstwhile registration during the transitional period are refundable.

Input tax credit apportionment in business reorganization is clarified for demerger, asset ratios, and filing of ITC-02.
Apportionment of input tax credit under section 18(3) and rule 41(1) is clarified for business reorganization, including demerger, merger, amalgamation, lease and transfer with liabilities. In demerger, the transferable ITC is to be apportioned by the ratio of the value of assets of the new units as specified in the scheme, using the State-level value of assets and not an all-India basis. The formula applies to total unutilized ITC, including CGST, UPGST, IGST and Cess, and the relevant ITC balance is the amount available on the date of filing FORM GST ITC-02.

GST appeal procedure: pending appellate matters must be decided without waiting for tribunal constitution.
Appeals against orders of adjudicating authorities under the Uttar Pradesh GST law lie before the prescribed appellate authority, namely the Additional Commissioner (Appeals), within the statutory period. Further appeal against the appellate authority's order lies to the Appellate Tribunal under section 112, and the non-constitution of the tribunal does not justify keeping appeals pending. The time limit for filing before the tribunal is to be counted from the date the State President enters office, and pending appeals should be disposed of expeditiously.

Reverse charge mechanism on motor vehicle renting clarified for body corporate supplies, with GST liability tied to supplier billing choices.
Reverse charge mechanism for renting of motor vehicles applies only where the supplier is other than a body corporate, does not issue an invoice charging GST at 12%, and supplies the service to a body corporate. The clarification distinguishes the two available tax options for such services: 5% GST with limited input tax credit, or 12% GST with full input tax credit. If GST at 12% is charged by the supplier, the recipient is not liable under reverse charge; if not, the recipient is liable. The amendment is clarificatory and applies retrospectively.

Waiver of late filing charges for import bills due to COVID-19 permitting clearance without penalty until further orders.
Waiver of late filing charges for delayed bills of entry caused by COVID-19 restrictions: bills of entry pertaining to inward manifests filed on or after 20th March 2020, if filed late for clearance of import consignments, will not attract late fee charges for the time being and until further orders; the directions are to be treated as a standing order for officers and staff.

Late fee waiver for delayed bills of entry: import consignments may be cleared without late charges until further notice.
Bills of entry delayed due to coronavirus-related document or ICEGATE access disruptions and pertaining to inward general manifests filed on or after 20 March 2020 will not attract late fee charges for clearance of import consignments; this direction is to be treated as a standing order for officers and staff and stakeholders may report specific difficulties to the relevant Additional/Deputy Commissioner until further orders.

Late filing waiver for import Bills of Entry extended to cover consignments delayed by coronavirus outbreak.
Bills of Entry that relate to Import General Manifests filed on or after 21.03.2020 and on or before 17.04.2020 will not attract late fee charges, as an amendment to Public Notice No. 18/2020 to facilitate clearance of import consignments delayed due to the COVID-19 outbreak; other contents of the earlier notice remain unchanged.

Waiver of late fee for delayed bill of entry filings due to COVID-19 precautions, applicable to relevant import manifests.
A waiver of the late fee is granted for Bills of Entry filed belatedly due to precautionary measures related to nCOVID-19; the waiver covers Bills of Entry pertaining to Import General Manifests filed on or after 20th March, 2020 and remains effective until further orders, and the decision is to be treated as a standing order for officers and staff.

Late fee waiver for delayed import bill filings due to coronavirus enables temporary clearance without late charge penalties.
Temporary suspension of late fee charges for bills of entry related to Import General Manifests filed on or after the specified IGM date where late filing is due to coronavirus-related difficulty in obtaining or submitting documents; the waiver is issued despite the existing late fee provisions and shall remain until further orders, and this Public Notice functions as a standing order for officers with a procedure to report specific difficulties to Appraising Main (Import) NS-I officials.

Late fee waiver for delayed bills of entry enables clearance of import consignments affected by virus-related disruptions.
Bills of entry pertaining to inward general manifests delayed because of difficulty in obtaining documents or accessing ICEGATE/service centres due to the coronavirus outbreak will not attract late fee charges if filed late within the specified relief window, as a trade-facilitation measure under the Bill of Entry Amendment Regulations, 2018 and the proviso to Section 46(3) of the Customs Act.

Waiver of late fee for delayed bill of entry filings caused by health precautionary measures; relief applies until further notice.
Waiver of the late fee for belated Bills of Entry is authorised where such Bills correspond to Import General Manifests filed on or after the outbreak-related date; the waiver remains until further orders, is issued in the public interest, and is to be treated as a standing order for customs officers, with stakeholders asked to report specific difficulties to jurisdictional senior officers.

Compliance relief under Companies Act: moratorium on late filing fees and extensions for meetings and statutory filings.
The Ministry provided temporary compliance reliefs: waiver of additional fees for late MCA 21 filings from 1 April to 30 September; extension of board meeting interval to 180 days for the next two quarters; deferral of CARO 2020 applicability to FY 2020 21; non treating of missed Independent Director in camera meetings for FY 2019 20 as violations; extensions until 30 June 2020 for deposit repayment reserve and debenture investment compliances; additional 180 days to file Commencement of Business; and relaxation of director residency requirement for FY 2019 20.

Import deadline extension for urad applications extends filing period due to COVID-19 disruptions and amended trade notice.
The Trade Notice modifies Trade Notice No. 57/2019-2020 by extending the application receipt period for Urad imports for fiscal year 2020-2021 due to COVID-19; applications in response to the earlier notice will be accepted until the revised deadline, and the amendment is issued with administrative approval.

Essential customs operations to continue with skeletal staff under supervisory delegation to ensure cargo clearance and stakeholder availability.
Directs selected customs sections to operate with a skeletal staff under AC/DC supervision, assisted by designated officers, to maintain essential cargo clearance functions; requires other staff to remain locally available by telephone/electronic means and to attend on exigency, allows revision of arrangements per government instructions, and directs reporting of difficulties to the Commissioner of Customs.

Risk-reduction mode triggered when broker collateral is substantially exhausted; exchanges must update systems, rules and notify members.
The circular withdraws the prior lower collateral-utilization trigger and requires stock exchanges and clearing corporations to apply the pre-existing Risk Reduction Mode criteria from the 2012 circular; brokers must be mandatorily placed into risk-reduction mode when their collateral available for adjustment against margins becomes substantially exhausted by trades under the margining system. Exchanges and clearing corporations must implement systems, amend bye-laws, notify members, publish the provisions, and report implementation status to the regulator.

Regulatory relaxation for mutual funds extends NFO validity and delays compliance and implementation deadlines to ease operational burdens.
Temporary regulatory relief permits a one year validity for NFO observation letters and extends filing timelines for half yearly unaudited results, distributor commission disclosures, and annual investor complaint reports; implementation dates for specified mutual fund policy initiatives are postponed by about one month, and AMC dealing room access controls are temporarily relaxed subject to electronic confirmations with audit trails.