Policy Advocacy
In consultation with industry members, AIPMA is continuously compiling immediate business challenges across plastic sector for minimising the fallout of emergency Coronavirus health measures on the economy. It is providing policy suggestions for macroeconomic management, monetary measures, and ease of doing business. For the most impacted sectors, AIPMA has brought out recommendations to mitigate the unprecedented crisis situation, including for MSME, exports and manufacturing and services sectors. Read more

Central Government Notifications
The Central Government has continuously issued notifications to manage the Covid-19 health emergency, covering personal safety and social distancing, business regulations, measures to help enterprises deal with the fallout, and policy steps for different sectors. AIPMA has placed these together to enable businesses to follow the latest notifications and remain abreast of policy actions. Read more

State Government Notifications
On a daily basis, each state and many districts and municipalities are bringing out numerous notifications and guidelines relating to Covid-19 safety measures, public gatherings, essential services, movement of goods, and movement across local borders, among others. AIPMA tracks these notifications to bring out a state-wise compendium for businesses to learn about conditions in their area of operation. Read more

AIPMA COVID – 19 Helpline
Businesses across India are facing huge challenges due to the nationwide lockdown which is essential to contain the pandemic. AIPMA provides real-time assistance for specific issues relating to essential supplies, clearances, movement of essential items, and so on. Read more

Advisories
Advisories are aimed at helping people learn how to maintain the highest levels of personal safety and protect themselves from the Coronavirus infection. They relate to hygiene, sanitation, and good practices to follow. For businesses too, a set of suggestions is provided here in comprehensive and easy-to-read format. Countries across the world are grappling with containing the spread of Coronavirus through various measures such as travel restrictions, lockdowns, and health advisories. They are also bringing out economic policies to assist in tiding over the crisis situations. AIPMA captures these advisories and the latest developments on the policy front in the world which will enable businesses to judge the impact on their operations. Read more


Policy Advocacy

  1. Economic Impact On Plastic Industry & MSMEs Click Here to view

  2. AIPMA's recommendation on urgent issues to be taken up by FICCI with government of India to mitigate the deep crisis faced by MSME's in Plastic Sector.
    Click Here to view

  3. AIPMA’s recommendations to various ministries on Economic policy measures that can benefit the companies in the plastic sector..
    Click Here to view

  4. Role of Plastics in safeguarding the Nation against Coronavirus-Urgent request to remove all restrictions and supply.

    • Role of Plastics in safeguarding the Nation against Coronavirus – Urgent request to instantly remove all restrictions in production and supply - Chief Ministers Click Here to view

    • Role of Plastics in safeguarding the Nation against Coronavirus – Urgent request to instantly remove all restrictions in production and supply - Chief Secretaries Click Here to view

    • Role of Plastics in safeguarding the Nation against Coronavirus – Urgent request to instantly remove all restrictions in production and supply - Ministrial Click Here to view

  5. Urgent help to ensure supply of raw material for packaging units specially for food and milk – an essential commodity.
    Click Here to view

  6. Urgent request to consider relief measures in Electricity Bill for Industrial Units. Click Here to view

  7. Proposal to Department of Chemicals & Petrochemicals, Government of India on behalf of the Plastics Processing Industries dated 8th April 2020 Click Here to view

  8. Recommendation to the Chairman of the Government Subcommittee on ‘Trade, Operations and Logistic’ dated 8th April 2020
    Click Here to view

  9. Urgent Request to save MSME’s in Plastics Processing Industry from the proposal of Large Polymer producers for increasing import duty and fixing Minimum Import Price on raw material

  10. Recommendations regarding Handling, Treatment and Disposal of Plastic Waste generated during COVID-19 crisis

    • Recommendations regarding Handling, Treatment and Disposal of Plastic Waste generated during COVID-19 crisis to CPCB, MoEF&CC, DCPC Click Here to view

    • Recommendations regarding Handling, Treatment and Disposal of Plastic Waste generated during COVID-19 crisis to MoHFW and Hon'ble Cabinet Secretary Click Here to view

    • Recommendations regarding Handling, Treatment and Disposal of Plastic Waste generated during COVID-19 crisis to States Chief Secretaries Click Here to view

    • Recommendations regarding Handling, Treatment and Disposal of Plastic Waste generated during COVID-19 crisis to States Health Secretaries Click Here to view

    • Recommendations to States Environment Secretaries regarding Handling, Treatment and Disposal of Plastic Waste generated during Covid-19 crisis Click Here to view

  11. Urgent Request to consider relief measures in Electricity Bill for Industrial Units Click Here to view

  12. Joint submission of Plastics Processing Industry on recommendation of the subcommittee on Trade

  13. Joint submission by Industry associations - 22 April 2020 Click Here to view




Advisories

Reduce the risk of corona infection.

When and how to use a mask



Coping with corona virus stress

Protect others from getting sick

Some Myths busted












Notifications

Central Government

  1. Ministry Of Home Affairs
  2. a) Consolidated Revised Guidelines on the measures to be taken by Ministries/ Departments of Government of India, State/ UT Governments and State/ UT authorities for containment of COVID-19 in the country Click Here to view

    b) Addendum to Guidelines annexed to the Ministry of Home Affairs Order No. 40-3/2020-DM-I(A) dated 24.03. 2020.
    Click Here to view

    c) 2nd Addendum to Guidelines annexed to the Ministry of Home Affairs Order No. 40-3/2020-DM-I(A) dated 24.03. 2020.
    Click Here to view

    d) Letter to Chief Secretaries regarding consolidated guidleines - clarifications. Click Here to view

    e) Advisory from Ministry of Human Resource Development, including Click Here to view

    f) Letter to chief secretaries woth clarification on smooth flow of essential goods and services Click Here to view

    g) 4th Addendum to the Consolidated Guidelines annexed to the Ministry of Home Affairs Order No. 40-3/2020-DM—I)A (dated 24.03.2020s Click Here to view

    h) Implementation of lock down declared by Ministry of Home Affairs, Government of India - dated 24-03-2020 Click Here to view

  3. Ministry Of Micro, Small & Medium Enterprises (MSME)
  4. a) Ministry Of Micro, Small And Medium Enterprises, Government Of India, would like to reach out to you, if you are in the field of Manufacturing or Supply of items related to use in COVID-19 (Coronavirus). Click Here to view

    b) Compendium of steps taken by Government of India to support MSME sector in fight against COVID-19 Pandemic
    Click Here to view

  5. Ministry of Consumer Affairs, Food And Public Distribution
  6. Notification regarding regulating the production, quality, distribution, logistics of masks (2ply & 3ply surgical masks, N95 masks) & hand sanitizers (for COVID 19 management). Click Here to view

  7. Ministry Of Corporate Affairs
  8. a) Clarification on contribution to PM CARES Fund as eligible CSR activity under item no. (viii) of the Schedule VII of Companies Act, 2013. Click Here to view

    b) Clarification on contributions to PM CARES Fund as eligible CSR activity Click Here to view

    b) COVID-19 related Frequently Asked Questions (FAQs) on Corporate Social Responsibility (CSR) Click Here to view

  9. Ministry Of Shipping
  10. Order regarding transport service for carriage of goods by water and any service connected with loading, unloading, movement or storage of goods in any port; as essential service Click Here to view

  11. Ministry of Finance
  12. a) The revision of interest rates for small savings schemes Click Here to view

    b) Clarification w.r.t various measures announced by the government for providing relief to the taxpayers in view of spread of COVID-19 Click Here to view

    c) Special Refund and Drawback Disposal Drive - Implementation of decision to expedite pending refund and drawback claims - reg. Click Here to view

  13. Ministry of Commerce & Industry
  14. a) Foreign Trade Policy (FTP) 2015-2020 Amendment Click Here to view

    b) Temporary changes in the Trade Remedy investigation processes due to COVID-19 pandemic Click Here to view

    c) Department of Commerce has Provided a number of Relaxations / Extensions of various Compliance Deadlines etc. to address Corona Pandemic Releated Hardships of Exporters Click Here to view

  15. Ministry of Law & Justice
  16. The Taxation and Other Laws (Relaxation of Certain Provisions Click Here to view

  17. Ministry of Textile
  18. Exemption of manufacturing units of essential goods including drugs, pharmaceuticals,medcial devices etc, for their raw material & transportation. Click Here to view

  19. Ministry of Personnel, Public Grievances and Pensions
  20. iGOT (Integrated Govt. Online Training) courses on DIKSHA platform on COVID-19 Pandemic; Click Here to view

  21. Ministry of New and Renewable Energy (MNRE)
  22. Extension of six months in effective dates for ALMM (Approved List of Models and Manufacturers) Click Here to view

  23. Ministry of Consumer Affairs, Food and Public Distribution
  24. Streamlining Supply of Essential Commodities Click Here to view

  25. Nodal Officers from the CBIC Customs Zones / Formations for facilitating Customs clearances amidst the Covid-19 crisis
  26. Click Here to view

  27. Extended due dates for COVID19. Click Here to view

  28. Chief Secretaries and Administrators reiterating that the guidelines to be implemented about movement of persons and vehicles Click Here to view

  29. Letter to Chief Secretaries with clarification on misplaced apprehensions of Industry Click Here to view

State Government

  1. Government of Maharashtra
  2. a) Regulations framed for prevention and containment of COVID-19 issued by BrihanmumbaiMahanagarPalika (MCGM)
    Click Here to view

    b) Exemption from Payment for Late Fees of Maharashtra State Tax. Click Here to view

    c) COVID-19 - The EPidemic Diseases Act,1897 - Clarification to Revised Lockdown - Orders Click Here to view

  3. Government of Gujarat
  4. Reg. Relief In Electricity Bill To Consumers Click Here to view

  5. Industries / units / establishments producing / providing essential goods / service operating in district Daman during lockdown.
  6. Click Here to view

  7. Government of Telangana
  8. Ministry of Telangana - MA & UD department - corona pandemic-committee constituted for disposal of suspected/confirmed cases of COVID-19 dead bodies-operational guidelines. Click Here to view

  9. State Guidelines to procure E-Passes / Movement Passes Click Here to view

Press Release

  1. Directorate General Of Foreign Trade (Dgft) Sets Up Helpdesk For Covid-19 Related Export-Import Issues (25 March 2020)
  2. https://Pib.Gov.In/Pressreleasepage.Aspx?Prid=1608341

  3. PIB-Parcel-Trains-For-Essential-Commodities-Railways.Pdf (29 March 2020)
  4. Click Here to view

  5. Department of Commerce has Provided a number of Relaxations / Extensions of various Compliance Deadlines etc. to address Corona Pandemic Related Hardships of Exporters
  6. https://pib.gov.in/PressReleasePage.aspx?PRID=1613365

  7. Press Note - Government to issue pending Income Tax/GST/Customs Refunds
  8. Click Here to view




News Hub - Updates From Around The World

25th March 2020

$20 trillion lawsuit against China! US group says coronavirus is bioweapon
A $20 trillion lawsuit has been filed against Chinese authorities in the US over coronavirus outbreak. American lawyer Larry Klayman and his advocacy group Freedom Watch along with Texas company Buzz Photos have filed the lawsuit against the Chinese government, Chinese army, the Wuhan Institute of Virology, Director of Wuhan Institute of Virology Shi Zhengli and Chinese army's Major General Chen Wei. Read more….

The Senate passes a $2 trillion stimulus plan
The Senate voted unanimously on Wednesday to approve a sweeping, $2 trillion fiscal measure to shore up the United States economy as it weathers the devastation of the coronavirus pandemic, advancing the largest fiscal stimulus package in modern American history. The House was expected to quickly take up the bill on Friday and pass it, sending it to President Trump for his signature. Read more….

Coronavirus restrictions extended by PM Scott Morrison including new travel ban
Weddings, funerals, and birthday parties have been shutdown and Australians banned from travelling overseas in wide-ranging new restrictions announced by Prime Minister Scott Morrison. Read more….

Coronavirus: Everything the UAE is doing to keep the country safe
The medical staff at airports follow a step-by-step process to identify any possible cases, and ensure treatment.Stimulus packages, advisories and restrictions announced to fight COVID-19. Read more…

Foxconn claims it has secured enough workers for seasonal demand
A new report from Nikkei says that Foxconn, one of the largest iPhone manufacturer has reached its recruitment goals ahead of schedule and now has enough workers to meet seasonal demand. The statement also implies that Foxconn seems to be finally recovering from the COVID-19 shutdown and picking pace.Read more…

26th March 2020

A sustainable global economy must arise once COVID-19 pandemic is reversed, UN chief tells G-20 summit
They will also expand manufacturing capacity to meet the huge and increasing demand for medical supplies, which will be made available at an affordable price and in the shortest possible time, pledged the leading economic powers. The UN Secretary-General, the world’s top diplomat, was among those taking part, stressing that “we are at war with a virus – and not winning it”. Read more….

Finance Minister announces Rs 1.70 Lakh Crore relief package under Pradhan Mantri Garib Kalyan Yojana for the poor to help them fight the battle against Corona Virus
The Union Finance & Corporate Affairs Minister Smt. Niramla Sitharaman today announced Rs 1.70 Lakh Crore relief package under Pradhan Mantri Garib Kalyan Yojana for the poor to help them fight the battle against Corona Virus. While addressing the press conference here today, Smt. Sitharaman said “Today’s measures are intended at reaching out to the poorest of the poor, with food and money in hands, so that they do not face difficulties in buying essential supplies and meeting essential needs.” Read more….

‘Rapid deterioration’ in global investment flows as Coronavirus spreads: UN trade body
Foreign direct investment flows are liable to drop by 30 to 40 per cent during 2020, into next year, due to the ongoing COVID-19 pandemic, reflecting a far more severe economic blow that initially projected, the United Nations Conference on Trade and Development (UNCTAD) said on Thursday in its latest Investment Trends Monitor report. Read more….

G20 nations to inject $5 trillion to combat COVID-19:
The G20 nations have agreed to collectively inject $5 trillion into the world economy to counteract the social, economic and financial effects of the Covid-19 pandemic. The G20 nations have agreed to collectively inject $5 trillion into the world economy to counteract the social, economic and financial effects of the Covid-19 pandemic that has infected close to 5,00,000 people across countries and claimed more than 22,000 lives. Read more…

DPIIT sets up a Control Room: Department for Promotion of Industry and Internal Trade (DPIIT), has set up a control room to monitor in real time the status of transportation and delivery of goods, manufacturing, delivery of essential commodities to common man and the difficulties being faced by various stakeholders during the lockdown period from 25.3.2020 to 14.4.2020
Department for Promotion of Industry and Internal Trade (DPIIT), under the Ministry of Commerce and Industry, has set up a control room to monitor in real time the status of transportation and delivery of goods, manufacturing, delivery of essential commodities to common man and the difficulties being faced by various stakeholders during the lockdown period from 25.3.2020 to 14.4.2020. Read more….

India readies massive COVID-19 testing plan-
In a move that indicates India is readying for massive novel coronavirus (COVID-19) testing, Indian Council of Medical Research (ICMR) has sought price quotes for the supply of 10 lakh antibody kits (serological test) for diagnosis of COVID-19. The decision marks a clear shift in India's approach towards COVID-19 testing as ICMR, which is spearheading the coronavirus diagnosis efforts, has till March 25 tested only 25,144 samples from 24,254 individuals. In a first, India is set to start antibody tests for the coronavirus to confirm whether a person had previously been infected with the virus, a move that will help understand the epidemiology of Covid-19 in the country. Read more…..

Chinese factories are beginning to buzz again while rest of the world comes to a halt.
A recovery in the world’s second-largest economy provides some relief for global manufacturers in the months ahead as the outbreak continues to wreak havoc in Europe, U.S., India and Latin America.While much of the world’s output is grinding to a halt because of the coronavirus, China is slowly emerging from its shutdowns by restarting production at factories and resuming some flights. Read more….

27th March 2020

Italy reports 683 more coronavirus deaths: Live updates
Italy reported 683 new deaths in the coronavirus pandemic, bringing its total to 7,503. Spain, meanwhile, recorded more than 700 deaths over the past 24 hours - surpassing China in the global death toll - making the country now second to only Italy.Read more…

In China's Hubei, uncertainty, pessimism and hope as life resumes

  • Coronavirus pandemic began in Hubei's Wuhan city
  • China has begun lifting curbs on central province
  • Hubei govt working to help small businesses

Li Yu is happy she sold six pieces of roasted corn on the day she reopened her stall after travel restrictions were lifted in Jingzhou, but she worries about the future of her business near the city's ancient wall, a tourist attraction in Hubei province.Read more…

Job Openings in China Fall Over 30% Amid Coronavirus
Job openings in China for the first two months of this year dropped by more than 30% as the coronavirus epidemic severely disrupted economic activity, a new survey has found.Read more…

COVID-19 Fund Collects Additional Donations, Totals Over $2.5 Billion
Rabat – Lesieur Cristal Group and Credit du Maroc Group have announced their contributions to the Special Fund for the Management and Response to COVID-19.Lesieur Cristal Group announced its donation of MAD 30 million ($3.05 million).Read more…

Temasek to support Singapore Airlines amid economic crunch due to Covid-19 pandemicSingapore Airlines (SIA) said late Thursday (26 March) that it would raise at least S$15 billion (US$10.4 billion) in new funds using a mix of shares and bonds and that it also had arranged a S$4 billion bridge loan with DBS Bank to help it work through the problems airlines globally are facing from the COVID-19 coronavirus that has decimated international air travel and forced massive cuts in capacity.Read more…

28th March 2020

How The U.S. Fell Dangerously Behind In Coronavirus Testing-
The deadly coronavirus pandemic has stopped the world in its tracks, and exposed a weak spot in the United States’ preparedness for a public health emergency. Experts say aggressive diagnostic testing is essential in order to learn where and how an epidemic spreads. Read more…

Coronavirus Updates: Latest News Updates in Pakistan and Around the World 28 March

    Total confirmed cases: 1408
  1. Sindh: 457
  2. Punjab: 490
  3. Khyber Pakhtunkhwa: 180
  4. Balochistan: 133
  5. Islamabad Capital Territory: 39
  6. Gilgit-Baltistan:107
  7. AJK: 02

Corona forces majority to change the habit
Members of more than 61 per cent households, on an average, in Bangladesh do not use soap with water to cleanse their hands, although the picture has radically changed in recent weeks following the outbreak of COVID-19, a disease caused by deadly coronavirus. Read more….




Compliance Related Relief Measures

The Finance Minister announces several relief measures in view of Covid-19 outbreak

Today, the Finance Minister in a press conference has announced several relief measures in view of Covid-19 outbreak in India. Tax related key measures are summarised as follows:

I – Direct tax

‘Vivad se Vishwas scheme’
The Finance Minister announced a new Dispute Resolution Scheme (Vivad se Vishwas Scheme) in her Budget Speech for 2020-21 with a view to reduce litigation. Following this, on 5 February 2020, the government introduced the ‘Direct Tax Vivad se Vishwas Bill, 2020’ in the Lok Sabha. On 17 March 2020, the Bill has received Presidential assent and it has become the Direct Tax Vivad Se Vishwas Act, 2020. The Scheme provides an option for settlement of a dispute by paying an amount of disputed tax on or before 31 March 2020. However, if the taxpayer opts for the Scheme after 31 March 2020, he would beliable to pay an additional amount.

It is now provided that no additional 10 per cent amount would be levied if the payment is made by 30 June 2020.

Due date for filing tax return
Last date for filing income-tax return for Financial Year 2018-19 has been extended from 31 March to 30June 2020.

Due date under various compliances
Under the Income-tax Act, 1961 (the Act), Wealth Tax Act, Equalisation Levy law, Vivad Se Vishwas Act, etc.2, the following due dates / time limits expiring between 20 March to 29 June 2020 are extended to 30 June 2020:

  • Due dates for Issue of notice, intimation, notification, approval order, sanction order, filing of appeal, furnishing of tax return, statements, applications, reports, any other documents.
  • Time limit for completion of proceedings by the tax authority and any compliance by the taxpayer including investment in saving instruments or investments for roll over benefit of capital gains.

Waiver of some charges for delayed payment
Interest rate is reduced at 9 per cent instead of 12 per cent/18 per cent per annum for delayed payments of advance tax, self-assessment tax, regular tax, Tax Deducted at Source (TDS), Tax Collected at Source (TCS), Equalisation Levy, STT, CTT made between 20 March and 30 June 2020. Further no late fee/penalty shall be charged for delay relating to this period.

Aadhaar and PAN due date extension
The last date to link Aadhaar and PAN is 31 March 2020. It is now extended to 30 June 2020.

Circulars and legislative amendments
Necessary legal circulars and legislative amendments for giving effect to the aforesaid relief shall be issued in due course.

II – Indirect tax

Goods and Services Tax

Return in Form GSTR-3B

Relief announced
Sr. No. Class of Taxpayer Period Payment of Tax Filing of return in GSTR- 3B Other relief
1. Taxpayer having annual turnover less than INR 5 cr. Return period March 2020 to April 2020 Deferred till last week of June 2020 without payment of interest Yes, date of filing extended till last week of June 2020 No interest,late fee and penalty to be charged
2. Taxpayer having annual turnover more than INR 5 cr. Option to defer paymentof tax till last week of June 2020. Option available subject to payment of interest @ 9%p.a. from 15 days after due date No late fee and Penalty to be charged

Annual Returns

Due date for filing of annual returns for FY 2018-19 extended till last week of 30 June 2020.

Other announcements

  • Due dates of any compliances under the GST Act and/or the Customs law falling between 20 March 2020 to 29 June 2020 extended till 30 June 2020.
  • Amount payable under Sabka Vishwas Scheme extended till 30 June 2020.

Our comments
Various relief measures have been announced considering the hardship faced by taxpayers in meeting compliance requirements due to outbreak of corona virus. The relief measures announced by the government is a welcome move. These measures would certainly help to address some of the issues faced by taxpayers. The waiver of interest, late fees and penalties would provide relief to taxpayers while adhering with statutory compliances.

Further, the relief of no additional payment till 30 June 2020 under the Vivad se Vishwas Scheme will provide sufficient time to taxpayers to opt for this scheme.

On the indirect tax front, it seems that the announcement has been divided into two parts i.e. payment of taxes backed up by filing of GSTR-3B and other compliances requirements due between 20 March to 29 June 2020.

As regards the payments of GST liability is concern, the due date has been extended for the tax period February 2020, March 2020 and April 2020, whereas for other compliances viz. filing of GSTR-1 returns etc. the due date has been extended even for the tax period May 2020.

The notification/circular regarding these announcements are expected in due course. It should provide a clear picture regarding the coverage of the relief.

  1. Press Release - Ministry of Corporate Affairs

  2. Companies Fresh Start Scheme 2020 - Salient Features




Best Practices

  1. Standard Operating Procedures to protect workers from COVID 19 Click Here to view

  2. World Health Organisation (WHO) - Getting your workplace ready for COVID-19 Click Here to view

  3. Consolidated Guidelines on the measures to be taken by Ministries / Departments of Government of India, State / Union Territory Governments and State / Union Territory Authorities for containment of COVID-19 Epidemic in the Country, as notified by Ministry of Home Affairs on 24.03.2020 and further modified on 25.03.2020 and 27.03.2020.
    Click Here to view




Helpline