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Given the COVID-19 pandemic, the major Indian ports including Adani Ports have declared force majeure at its facilities. During this period, the port will not be responsible for any claims, damages, charges, etc. directly or indirectly. It could include vessel demurrages or any other delays. Accordingly, the discharge rate guaranteed under the agreement shall also not be applicable for all vessels to be handled at the port for any delay or disturbance.

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The CMA CGM announces that due to the lockdown in effect to the COVID 19 pandemic, movement is restricted and the courier services are hampered due to which providing a hard copy of the invoice for Nhava Sheva, Mundra, Hazira, PIPAVAV loadings is almost impossible. Hence, they strongly urge their customers to use their MMD3 portal for shipping bill data and uploading documents, etc. They have also mentioned the process one can follow for the same.

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In the wake of COVID-19 outbreak, the Safmarine shipping company has been closely monitoring the situation, ensuring the safety of their employees and working towards mitigating any possible impact towards customers’ operations. Hence, the revised guidelines for the Delivery order (DO) release process has been passed to ensure smooth operations.

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According to the latest updates of the Safmarine shipping company, They urge their customers to avail their online services in the wake of a lockdown across the country due to the pandemic situation caused by the COVID 19 – the Corona Virus. However, they will be fully operational and yet claim that there would be a delay in some services like the movement of containers, DO issuance and also exception handling i.e via loadings.

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  1.  Income Tax Related

• Last Date for Income Tax Return of FY 2018-19 extended till 30th June 2020
• Interest rate is 9% for delayed payments for FY 2018-19
• Delayed deposit of TDS will incur an interest rate of 9% instead of 20%

  2.  Vivaad se Vishswaas scheme, Aadhaar PAN linking & dates for notice filing is extended to 30 June 2020

  3.  GST-related Relief

• The last date for filing Mar-April-May 2020 GST returns extended to 30 June 2020
• For a company with less than Rs. 5 Crore turnover, no interest, no late fee and no penalty will be charged
• For companies with a turnover of over Rs 5 Crore will be charged with a reduced interest rate of 9%

  4.  Customs Clearance will operate 24*7 till 30th June 2020

  5.  Sabka Vishwas scheme for settling disputes in indirect tax regime is extended to 30 June 2020. During this period, people who are paying will have no interest.

  6.  Relaxation of a period of 60 days till the next two quarters for holding board meetings

  7.  No additional 10% charge on VivaasSe Vishwas scheme

  8.  IBC Section 7,9,10 may be relaxed

• The threshold for default has been raised to Rs 1 Crore

  9.  Compliance -related to Aquaculture

• The expiry date of all SIPs for import of shrimp brute and other aquaculture inputs have been extended for three months
• Delay up to one month of the arrival of shipment won't be considered as a delay
• Rebooking of quarantine cubicle for cancelled consignment in aquatic quarantine facilities in Chennai can be done without any extra cost.
• Verification of documents and grants of NOC for quarantine will be relaxed for 7 days to 3 days

 10.  Bank charges to be reduced for digital trade transactions for all trade finance consumers.

The Safmarine shipping company has announced that all the documents related work will take place on Odex, the online platform for shipping documents with immediate effect due to the COVID 19 – the Corona Virus situation.

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According to the latest updates of the Safmarine shipping company, they will be operational as the staffs will be working remotely in the light of the COVID 19 – the Corona Virus situation. Considering the lockdown of most of the cities pan India there will be a delay in services like the movement of containers, DO issuance and also exception handling i.e Via loadings.

Click Here To See The Official Notification

The department of commerce in Indian Government has issued a notice announcing that export of surgical/ disposable masks, ventilators and the raw materials used to make them, is prohibited indefinitely with effect immediately.

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A complete lockdown for 21 days in effect to the widespread of COVID 19 across the country, CMA CGM group of companies have closed down all their counters. They have also announced that the cheque and demand drafts will not be accepted until further notice and those that wish to make the payments can do so online by availing their E- payment facilities. Details for the same are available.

Click Here To See The Official Notification