Appointment of CPIOs and FAAs for Commissionerate of Customs (Port), Kolkata under RTI Act; appeals to designated FAAs.
Designations of Central Public Information Officers and First Appellate Authorities for the Commissionerate of Customs (Port), Kolkata are issued, superseding an earlier notice and reflecting recent establishment orders; Annexure A lists the named officers, their jurisdictions, and contact details. Aggrieved persons may appeal CPIO decisions to the corresponding FAA identified in Annexure A under the RTI Act. The notice prescribes fee payment to the RBI account of the Commissioner of Customs, Kolkata, permits online filing via the national RTI portal, and provides instructions for postal order payments.

Nomination framework implementation deferred further as SEBI extends Phase III timeline for system changes and stakeholder readiness.
Implementation of Phase III of the nomination framework for the securities market was deferred from December 15, 2025 to a further date to be notified separately, in view of stakeholder representations seeking additional time for system development, process changes, and re-examination of the structural implications of implementation. The earlier phased rollout and prior deferments remain in place, while all other provisions of the earlier circulars continue unchanged.

Export proceeds shortfall: exporters must submit bank confirmations and invoices or face personal hearing and possible adjudication.
The circular instructs exporters to submit proof of realisation and documentary evidence (e.g., bank confirmation letters and export invoices) to justify any short realisation of export proceeds - noting CBIC guidance that agency commission and foreign bank charges may be allowed within a 12.5% FOB limit - and warns that absence of such documentary proof will generally lead the adjudicating authority to conduct a Personal Hearing before final decision.

Metformin input import UOMs amended to Kg for dicyanodiamide and DMF under SION A-290 with immediate effect.
The Director General of Foreign Trade, under Paragraphs 1.03 and 2.04 of the Foreign Trade Policy 2023, amends the Unit of Measurement (UOM) for import items under SION A 290 for Metformin HCl: Dicyanodiamide 0.567 Kg. and DMF 0.37 Kg., with immediate effect.

Procedure for defacement of Certificate of Origin at TSK when preferential duty is claimed; importer may deface COO before registration.
Where a preferential rate of duty is claimed based on a valid Certificate of Origin and the Bill of Entry is facilitated by RMS for OOC, the importer or Customs Broker may get the COO defaced by the designated TSK prior to registration of goods to streamline assessment and clearance; implementation difficulties should be reported to the issuing authority.

Manufacture and other operations in bonded warehouses require an integrated licence, bond, prescribed records and GST/customs compliance.
The notice prescribes an integrated application and documentary regime for licensing a private bonded warehouse and obtaining permission to conduct manufacture and other operations therein, requires execution of a general bond satisfying customs and MOOWR requirements, mandates maintenance of specified digital accounts and records, and sets out GST and customs payment obligations for clearance of resultant products for home consumption or export.

Wings India 2026: temporary customs procedures, manual manifests, and duty-exempt temporary import rules for exhibition goods.
Temporary customs facilitation at Begumpet Airport for Wings India 2026 requires manual filing of Import/Export General Manifests and aircraft/cargo forms. Foreign aircraft and exhibition goods may be temporarily imported duty-exempt under ATA Carnet or Notification No. 8/2016, with bonds and Bills of Entry required; Notification No. 4/2019 removes the bank guarantee/cash deposit requirement for aircraft. Goods undergo open examination and value appraisal, Out-of-Charge is issued manually before exhibition use, transhipment procedures apply for transfers from ACC/ICD, and re-export and fuel-recording formalities are mandated for bond/guarantee cancellation.

Geo-tagging requirement for NRIs relaxed for digital re-KYC, subject to GPS verification, anti-spoofing and random action checks.
Intermediary apps may relax the requirement that an NRI client's physical location be in India during re-KYC, provided the app time-stamps interactions, initiates random client actions to confirm live responses, captures GPS coordinates and matches them to the country in the client's Proof of Address, and prevents connections from spoofed IP addresses; these technical safeguards amend the Master Circular on KYC for digital re-KYC of existing NRI clients.

Pre Shipment Inspection Agencies updated: two new enlistments and additions of radiation meters and spectrometers authorised online.
DGFT has incorporated approvals of the 27th IMC (25.06.2025) into a revised Appendix 2G, adding two new PSIAs and permitting eleven existing PSIAs to add approved instruments-specifically Handheld Radiation Survey Meters and Radionuclide Identifiers (Spectrometers). Recognised agencies may issue PSIC online via the DGFT portal subject to conditions: valid calibration certificates, a bank guarantee, equipment to area mapping on the portal, and a registered office with a nationalised bank account in India. Recognitions are valid for three years or as specified.

Deemed export benefits procedure clarified: ANF 7A filing, jurisdiction, online submission, and single category application rule for TED and drawback claims.
ANF 7A claims for deemed export benefits must be filed online by supplier or recipient with IEC to the jurisdictional Regional Authority as per Appendix 1A, except EOUs where the DTA supplier claims from the jurisdictional RA and the EOU recipient files with the Jurisdictional Development Commissioner of SEZs under Appendix 6J if the supplier has not claimed benefits. Applicants must upload prescribed ANF 7A documents at filing, no physical copy is required, claims follow TED/drawback eligibility rules, and each application must pertain to a single category of supply under para 7.02.

SEZ approvals: LoA extensions, co developer recognitions, de notification and processing to nonprocessing demarcations under SEZ Rules.
The Board of Approval applied SEZ Act/Rules to grant one year extensions of LoAs under the third proviso to Rule 19(4), extensions of Formal Approvals under the proviso to Rule 6(2), approved Co Developer recognitions conditional on compliance with Rule 11A(3)(c) and taxability review, authorised partial de notifications under the first proviso to Rule 8 subject to DC certifications and state no objection, and permitted conversions of Processing Area to Non Processing Area under Rule 11B with DCs obliged to ensure full recovery/repayment of duty benefits; several matters were deferred for further scrutiny.

Alternative Investment Funds: SEBI allows migration to AI-only and LVF schemes with naming, consent, reporting, and placement memorandum exemptions.
SEBI permits AIFs to launch AI-only schemes for Accredited Investors and grants relaxations to Large Value Funds; new schemes must append 'AI only fund' or 'LVF' to the name. Pre-existing schemes may convert with positive consent from all investors and must report name change and conversion to SEBI and depositories within 15 days. Investor AI status at onboarding endures for the scheme's life. AI-only schemes' maximum extension is five years inclusive of prior extensions. LVFs are exempt from the standard placement memorandum template and annual audit of its terms without investor waivers.

Digital accessibility rules require REs to report platform WCAG AA readiness, remediate SCORES complaints, and audit platforms.
Digital accessibility obligations require REs to include an Investors' Right to digital accessibility in Investor Charters and to submit a platform-wise status of readiness and compliance to specified reporting authorities by March 31, 2026 using the Annexure B format (including URLs, WCAG AA compliance Yes/No, and remarks). REs must remediate accessibility complaints lodged via SCORES and conduct periodic accessibility audits through certified accessibility professionals.

Export and import of Indian currency to and from Nepal and Bhutan: small denominations unlimited; higher notes limited to Rs.25,000 while travelling.
Persons not being citizens of Pakistan or Bangladesh may carry Indian currency notes of denominations up to Rs.100 to or from Nepal and Bhutan without limit; notes of denominations above Rs.100 may be carried by an individual travelling to or from Nepal and Bhutan only up to a total limit of Rs.25,000; movement of Nepalese and Bhutanese currency to and from India is also permitted.

Titanium Dioxide imports: anti-dumping duty collection halted; Chinese-origin shipments no longer subject to ADD immediate.
Directive orders immediate cessation of collection of anti-dumping duty on imports of titanium dioxide originating in or exported from China PR and instructs all customs field formations to stop applying the duty on such consignments with immediate effect, suspending administrative enforcement under Notification No. 12/2025-Customs (ADD).

Attachment and sale of tax defaulters' property: recovery procedures under revenue codes grant officers statutory enforcement powers.
The SOP directs using attachment, auction and sale of movable and immovable property to recover outstanding sales/trade/commercial tax/VAT dues. Recovery for certificates issued on or before 10.02.2016 is to proceed as land revenue under the Zamindari Destruction and Land System Act, 1950 and Rules, 1952; certificates issued on or after 11.02.2016 are to proceed under the Uttar Pradesh Revenue Code, 2006 and Rules, 2016. Trade tax officers in 20 departmental districts are empowered as ex officio assistant collectors; in other districts designated district officers will exercise the powers. Officers are directed to study and implement the SOP.

Public Grievance Officer appointed for Tughlakabad ICD; contact emails, Turant Seva Kendra and facilitation centre details provided.
Appointment of a Public Grievance Officer for the Office of the Principal Commissioner of Customs, Inland Container Depot, Tughlakabad (Import), naming Sh. Maneesh Nemiwal with designated contact details. A Turant Seva Kendra (TSK) is designated to handle faceless assessment grievances with nodal officer Shri Sumit Mishra and a dedicated TSK email. A Customs Facilitation Centre on the ground floor provides daily posted officer assistance for guidance on customs procedures.

Vessel entry inward and cargo discharge may commence upon Customs e mail authorization after Pilot on Board confirmation.
Entry inward may be granted by Customs on receipt and verification of an agent's e mail request and POB confirmation without waiting for physical boarding. The Boarding Officer shall verify details, grant Entry Inwards in ICES, and communicate by e mail; that e mail constitutes authorization to commence cargo discharge under Section 31 of the Customs Act, 1962. Agents must produce physical supporting documents upon boarding and ensure accuracy of the Entry Inward request form.

Liberalised Remittance Scheme now requires AD Category II banks and FFMCs to submit daily LRS returns via CIMS.
AD Category II banks, authorised entities and Full Fledged Money Changers must submit the LRS daily return via CIMS (including nil reports) and may discontinue submitting LRS transactions through AD Category I banks; CIMS access enables PAN wise checks of cumulative remittances before facilitating further LRS transactions.

Extension of LOP/LOI validity for EOUs and developer units clarified: up to five years or one-year extension.
Amendment to Para 6.34( h ) of HBP 2023 permits extending LOP/LOI validity: if a unit has commenced production, extensions may be granted per Para 6.01(c) for up to five years at a time; the initial two-year validity may be extended by one additional year for valid reasons recorded in writing, except where initial-period restrictions apply (e.g., oil refinery projects).