Focus Product Scheme benefit applies to exports of finished dosage forms containing omeprazole or lansoprazole, treated separately.
Regional authorities are directed to grant Focus Product Scheme incentives for exports of finished dosage forms that use either Omeprazole or Lansoprazole as the active pharmaceutical ingredient, the Department of Pharmaceuticals having clarified the tariff entry covers the two distinct finished-dosage-form products rather than a combined formulated product.

Telephone contact protocol establishes designated board, principal and fax lines with specified attendant and transfer procedures.
An administrative telephone contact protocol designates a board line to be attended by an operator (with automatic transfer to the IE Code modifications extension if unattended) and a principal officer line to be attended by the personal assistant (with automatic transfer to the principal if unattended). One number is reserved exclusively for fax and will not accept voice calls; another is reserved for outgoing calls and a data link and will not answer incoming calls.

Mandatory online IEC filing requires digital signature and limited supporting documents; modifications demand prior registry updates.
IEC filing is shifted to a mandatory online process with digital signature; applicants must upload only PAN, a cancelled cheque or bank certificate showing the entity name, and a digital photograph meeting prescribed size and format limits. There will be no deficiency letters for online filings-applications with errors will be rejected and must be resubmitted. IEC status labels like "manufacturer exporter" do not automatically confer benefits; applicants seeking modification must first update Income Tax and ROC records and provide corroborative evidence along with the prescribed fee.

Custodianship extension and custodial liability emphasized; operator bears duty and loss responsibility for goods in custody and transit.
Extension of custodianship is subject to maintenance and renewal of a Custodian Bond and insurance, with the custodian liable for duty and losses for goods pilfered, lost, damaged or mishandled in the customs area or during transit for export or transshipment. The custodian must provide specified infrastructure, security, EDI connectivity, safe transport, records and segregation of cargo, prohibit removal without written customs permission, publish charges, and comply with all statutory regulations and performance benchmarks.

Power generation entitlements limited to initial setup benefits; O&M benefits restricted and DTA sales subject to customs duty.
Power plants by developers in SEZs must be in the Non-Processing Area and receive fiscal benefits only for initial setting up; no O&M benefits are admissible and no NFE obligation applies. Captive power plants located in the Processing Area are treated as units, subject to NFE obligations, entitled to full fiscal benefits under section 26 including O&M and duty-free inputs, and may sell to DTA subject to customs duty as determined by the Department of Revenue. IT/ITES and specified sectors requiring uninterrupted power may locate generation in the Processing Area with full benefits. Backup and transitional provisions vary by location and prior approval.

Electronic payment of export refunds via RTGS/NEFT requires bank-certified one-time authorisation; bank may deduct applicable transfer fees.
Direct electronic remittance of sanctioned export refund/rebate amounts is implemented via RTGS/NEFT through specified Syndicate Bank branches; claimants must provide a one-time bank-certified authorisation (Annexure-A). Designated Assistant Commissioners will submit consolidated signed statements (Annexure-B) and an e-mail to the bank with a weekly consolidated cheque; the bank will verify details, effect remittances, and deduct applicable RTGS/NEFT charges per RBI, with authorized officers and PAO following CBEC e-payment and reconciliation procedures.

Custodianship obligations require compliance with customs regulations and impose liability for loss or pilferage of cargo.
Custodianship is extended under Section 45(1) of the Customs Act subject to compliance with Section 45(3), the Handling of Cargo in Customs Areas Regulations, and all applicable laws. The custodian must maintain prescribed bonds and insurance, execute fresh bonds on expiry including separate export transshipment bonds, and is liable for duty and loss arising from fire, theft, pilferage or transit damage. Operational obligations include segregation and secure storage of imports, exports and transhipment cargo, provision of infrastructure, EDI connectivity with Customs, record-keeping, restricted movement of goods without proper officer permission, and publishing a schedule of charges.

Sector exposure limits tightened; issuer and group concentration curbs imposed with mandatory trustee half yearly review and reporting.
The circular tightens concentration limits for debt schemes by reducing issuer-level investment limits with conditional board-approved extensions, revising sector exposure caps and introducing group-level exposure limits (with a board-approved increase mechanism), imposing rating and registration conditions for additional Housing Finance Company exposure, requiring half-yearly trustee review and confirmation of aggregate exposures, and making the revised rules immediately applicable to new schemes and fresh investments while existing open-ended schemes must comply within one year.

Information confidentiality from FIU-IND: requests must follow prescribed procedure, routed through Directorate, and source must remain undisclosed.
Requests for FIU-IND data must follow the prescribed procedure using specified Annexures signed by the Principal CIT and be routed through the Directorate; FIU-IND will not entertain direct field requests. Information from FIU-IND is confidential intelligence, must be protected from unauthorised use and dissemination, developed by departmental investigation, and the FIU-IND must not be identified as the source except when required by a competent court.

Procurement certificate issuance: pre authenticated PCs allowed without AC/DC countersignature, subject to bond coverage and eligibility.
Issuance of Procurement Certificate for duty free imports is delegated to the jurisdictional Superintendent, who must ensure consignments are covered by the bond. Chemical and textile units remain subject to issuance by Assistant/Deputy Commissioners. Eligible status holder or high turnover units with clean records may receive pre authenticated procurement certificates issued by Superintendents on direction of the Assistant/Deputy Commissioner; such pre authenticated PCs must not be sent for AC/DC countersignature. Inbond movement, examination, bonding and re warehousing procedures continue to apply.

Extension of warehousing period for bonded capital goods aligned with renewal of private bonded warehouse licences to avoid duplicate renewals.
At the time of renewal of the private bonded warehousing licence, the warehousing period of all capital goods installed or put into use shall be extended simultaneously so that further extension for any item falls due only on the next licence renewal; the extension term for each capital good must be adjusted accordingly and no single extension granted at renewal shall exceed the maximum permissible period.

Offer for Sale mechanism revised: retail bids deferred to next trading day while non retail bids may be carried forward.
Revision of the Offer for Sale mechanism reallocates bidding windows and settlement timing to encourage retail participation: sellers must notify exchanges by the day before the OFS; non retail bidders alone may bid on the opening day to determine the cut off price; retail investors bid on the next trading day with any retail discount applicable only to those bids; settlement for retail bids follows the normal post trade cycle. Non retail bidders may elect to carry forward and revise bids to the retail day, and unsubscribed retail shares are reallocated to such carried forward non retail bids at cut off price or higher.

Unaccompanied baggage EDI processing now mandates electronic Baggage Declaration, systemised examination and duty payment before release.
The ICES 1.5 EDI system is extended to Unaccompanied Baggage at Cochin and requires filing a revised Baggage Declaration Form at the Service Centre, payment of a nominal filing fee, verification and signature of a system-generated checklist, and receipt of a location slip from the port custodian to direct baggage to examination. Preventive Officers and the Superintendent will examine and assess entries; specified cases are escalated for assessment. After assessment the final BDF printout is used to pay customs duty and obtain an out-of-charge endorsement, following which the CFS issues gate passes and baggage is released after exit verification.

Initial assessment year: assessee's chosen first year governs ten consecutive years' deduction entitlement under section 80IA.
The term initial assessment year means the first assessment year opted for by the assessee for claiming the ten consecutive-year deduction; once opted, the assessee is entitled to claim deduction for ten consecutive years beginning from that chosen year, subject to statutory conditions, without exceeding the overall prescribed ceiling and with the claim period being continuous. Assessing officers must allow deduction accordingly after verifying conditions and refrain from pursuing litigation that treats the year of commencement as the initial assessment year contrary to this interpretation.

Confidentiality of FIU-IND information: requests must go through the Directorate and source disclosure is prohibited except by court order.
FIU-IND supplies bank-account and transaction intelligence to CBDT under the anti money laundering framework and an exchange MOU. Field requests for FIU-IND data must be routed through the Directorate of Income Tax (Recovery) with prescribed Annexures completed and signed by the Principal CIT; FIU-IND will not accept direct requests. Information is confidential intelligence, must be kept in strict custody, not identified as FIU-IND's source in departmental documents except under court compulsion, and should be further developed by the department's own investigation.

Rectification order service requirement: written orders must be issued and served on the taxpayer, not only reflected electronically.
The instruction notes that rectification orders effected on the AST system without providing a written copy leave taxpayers unaware and unable to pursue appeal or further rectification. It underscores that rectification must be issued in writing and directs that all rectification applications be disposed of by passing a written order that is duly served upon the taxpayer, not by mere AST system updates.

Time limit for amendment under section 154 requires authorities to decide rectification applications within prescribed six month period.
An application under section 154 to rectify a mistake apparent from the record must be disposed of by the Income tax authority by either making the amendment or refusing it within the prescribed time limit of six months; the time limit is mandatory, Assessing Officers must strictly follow it, and supervisory officers must monitor compliance and initiate administrative action for failures to adhere.

Recovery of drawback: exporters must submit BRCs or negative statements to enable Customs monitoring and recovery action.
The notice requires exporters to declare Authorised Dealers and to submit biannual Bank Realization Certificates or six monthly negative statements from ADs or statutory auditors for drawback shipping bills; the ICES BRC module will auto generate due dates, maintain pendency lists, permit three modes of BRC entry (specific BRCs, period negative statement, or listed pending S/Bs), and enable Customs to delete entries upon approval or recovery, thereby facilitating recovery action where export proceeds are not realized within the statutory period.

E-Commerce Zone established to centralize VAT compliance and registrations for online retailers across the National Capital Territory.
Establishment of an E-Commerce Zone and Ward No.300 to centralize VAT administration for e commerce companies: all existing registered e commerce persons will be transferred to Ward No.300 and future registrations processed there; the ward and zone cover the entire National Capital Territory of Delhi; the Commissioner, Trade & Taxes and VAT authorities under the DVAT Act, 2005 shall exercise all powers conferred by that Act and its rules; this measure complements the periodical return requirement for electronic shopping facilitators.

NOC requirement waived for factory-stuffed container BTT; exporters must notify jurisdictional excise/customs and provide acknowledgement.
The prior NOC requirement for Back to Town (BTT) of factory stuffed containers is dispensed with; exporters must intimate the jurisdictional Central Excise/Customs Commissionerates about such permissions and submit an acknowledged copy of that communication to the concerned AC/DC of Customs.