Line of credit requires a substantial portion of contract value to be sourced from India and EDF/SDF declarations.
Exim Bank's Government of India supported Line of Credit to Myanma Foreign Trade Bank finances an Indian eligible export contract for a microwave radio link, requiring a substantial portion of contract value to be supplied from India while remaining goods and services (other than consultancy) may be procured abroad. The agreement is effective from July 27, 2015; shipment declarations must be made on EDF/SDF forms. No agency commission is payable under the LOC, although exporters may remit commission from their own funds or EEFC balances after full payment, subject to AD Category I bank compliance with prevailing rules.

Bank Guarantee renewal and closure must be recorded in EDI and notified to the Bank Guarantee Cell for reconciliation and reporting.
Groups must record all bank guarantee renewals and closures in the EDI system and inform the Bank Guarantee Cell; renewals are made by amending expiry dates in EDI and closures by closing the bond and guarantee entry. The Bank Guarantee Cell must generate the monthly list of expiring guarantees from EDI, reconcile it with any PC-maintained data to add missing entries, and circulate the reconciled report to Groups. Groups must continue to submit the monthly action report on expiring guarantees as required by standing order procedures.

Double-payment of Customs Duty requires a refund claim with bank proof and system verification under statutory refund procedure.
Excess electronic payments of Customs Duty that have been transferred to the government account are treated as deposits refundable through the statutory refund process; banks can re credit only before transfer. Importers/CHAs must apply to the Deputy/Asst. Commissioner (Refund), Kandla, submitting bank confirmation of debit and transfer, cyber receipt, and the bank's attested scroll with bill of entry and challan. The officer will verify via PAO/e PAO records, ICEGATE challan enquiry, ICES system data and bank confirmation before sanctioning the refund.

Withdrawal of long pending prosecutions proposed for small central excise cases; field units asked to report counts and comments.
The Department seeks information on Central Excise prosecution proceedings pending for more than 15 years and involving Central Excise duty of up to Rs. 5 lakhs to assess whether such old, low value cases should be considered for withdrawal of prosecution. Responding offices must report the number of cases, duty involved and comments on withdrawal, and submit the consolidated report to specified email addresses and fax numbers by the stated deadline.

Rectification under section 154: lists of pending demand cases released for Assessing Officers to download and dispose expeditiously.
Assessing Officers are directed to download the exhaustive lists of demand cases with pending section 154 rectification from i-taxnet and to dispose of the rectification applications expeditiously in accordance with citizen charter timelines to reduce infructuous demands; system issues should be reported to the ITRA Helpdesk and the instruction circulated to all field officers.

Manual registration of duty credit scrips required while electronic module is unavailable, with verification and register-entry steps.
Procedure prescribes steps for manual registration of duty credit scrips under MEIS and SEIS while the EDI module is non operational: present original scrips with copies and BRCs; Licence Section to check Alert Register and endorse No Alert; obtain DGFT verification of genuineness by download or fax; register only after genuineness and No Alert confirmation; enter licence particulars in Alphabetical Register and record debits/credits based on Bills of Entry, with Audit Clerk endorsement of debit sheets and licence register.

Direct Port Delivery: do not declare CFS in IGM to avoid bond debit and obtain Out of Charge from Port CFS.
DPD consignments must not list any CFS in the IGM; declaring a CFS causes debiting of the CFS bond and necessitates presenting the container to that CFS for Out of Charge. Out of Charge for DPD should be obtained from the Port CFS (Q10), except where the Additional Commissioner (System Manager) grants special permission to use an alternate CFS, in which case that CFS must be declared in the IGM and used for delivery.

Bond filing for exporters: designated Deputy/Assistant Commissioners enable nationwide procurement after bond execution.
Merchant exporters and manufacturer cum merchant exporters may file a Bond under Rule 13(1)(a) or a General Bond under Rule 14 of the Central Excise Rules, 1944 with the designated Deputy/Assistant Commissioner of Central Excise (Export) in whose jurisdiction the exporter's head office or factory is located; after executing that bond the exporter may procure excisable goods from manufacturers anywhere in India. The Commissionerate designates the Deputy/Assistant Commissioner divisions at Amritsar and Jalandhar for these filings and administration.

Integration of SEZ online with Customs EDI enables real time data exchange for automated import/export clearance and transshipment.
Integration of SEZ Online with Customs EDI (ICES) implements real time IGM data sharing and automatic integration of IGM with SEZ Bills of Entry; assessed B/Es are transmitted to ICES with authorized representative details. Electronic transshipment requires verification of representative identity and endorsed B/L, generation of a Transshipment Number, and Preventive Officer verification of container/seal/marks prior to release; ICES and SEZ Online will exchange release, goods receipt, and warehousing messages, after which ICES will close relevant IGM lines.

Carpet export verification requires serial numbering and approval of market inquiries before export benefits are sanctioned.
Carpet exporters must serially number each bale and each carpet within the bale to enable examination and sample drawal. Where a provisional Let Export Order is issued and samples are sent for market inquiry, customs or foreign trade export benefits cannot be sanctioned until the inquiry report is approved in writing by a Joint Commissioner, Additional Commissioner, or higher-ranking customs officer. These controls address misdeclaration, inflated export values, and excess drawback claims.

Filing deadline extension for VAT returns: online/hard-copy submissions extended; tax payments remain due under law.
The due date for filing online or hard-copy first-quarter VAT returns for 2015-16 in Forms DVAT-16, DVAT-17 and DVAT-48, with required annexures/enclosures, is extended to 17/08/2015; tax payments remain payable as per the Delhi VAT Act, and dealers filing with digital signatures need not submit the hard copy return/Form DVAT-56.

Central Excise notification clarification requires trade participants and clearing agents to follow circulated instructions and report compliance difficulties promptly.
Clarification concerning amended Central Excise notifications is circulated for information, guidance and necessary action. Trade participants and clearing agents are directed to comply with the enclosed Board circular and promptly report any compliance difficulties to the Customs office.

Monthly reporting requirement for clearing corporations: mandatory submission of prescribed monthly report to SEBI within prescribed timeframe.
Clearing corporations must submit a Monthly Report to SEBI in the prescribed format within ten calendar days from month-end, replacing similar exchange reports. Annexure A requires detailed segment-wise clearing and settlement figures, top settlement shortages with member-level recurrence and remedial actions, margin and penalty collections (and transfers to IPF/SGF), securities lending metrics, core SGF corpus and investments, top clearing members by pay-in obligations, inspection statistics and governance disclosures including board and committee composition and implementation status of SEBI circulars.

Line of Credit conditions require predominant Indian supply content and EDF/SDF shipment declarations, with restricted commission rules.
Government-supported Line of Credit finances a veterinary pharmaceutical plant with a requirement that at least 75% of contract value for goods and services, including consultancy, be supplied from India and up to 25% of non-consultancy goods may be procured externally. Disbursement windows differ for project exports and other supply contracts; shipments must be declared on EDF/SDF forms. No agency commission under the LOC, though exporters may use own funds or EEFC balances for commission subject to realization and remittance rules. AD Category I banks must notify exporters; Directions issued under FEMA.

Advance Authorisation payments must be made from foreign currency accounts; non compliance attracts liability under FTDR Act.
Advance Authorisation licences under Para 4.16(a) require suppliers to be paid from the unit's foreign currency account where payment is pending; SEZ units are directed to make such payments and warned that failure to do so will attract liability under FTDR Act, 1992.

Encumbrance disclosure requires promoters to report creation, invocation or release with specified details to exchanges and the target company.
Promoters and persons acting in concert must use the prescribed Annexure 1 template to disclose creation, invocation or release of encumbrances to stock exchanges and the target company, including target identity, listed exchanges, reporting date, promoter/PAC names, total and encumbered holdings, event particulars, post event encumbered holdings, event type and date, encumbrance type, reasons for encumbrance, entity in whose favour shares are encumbered, and authorised signatory details.

Transitional arrangement allows exporters to apply under earlier Chapter three schemes using prior Handbook procedures after notification.
The amendment provides a transitional arrangement allowing exporters who exported goods or rendered services up to the notification date to apply for scrips under earlier Chapter three schemes by filing applications with the jurisdictional Regional Authority in the forms and with documents prescribed in the corresponding earlier Hand Book of Procedures; clause (b) is deleted and specified incentive schemes must continue to be filed as per their respective Hand Books of Procedures.

Extension of filing deadline for quarterly VAT returns; tax payment obligations unchanged, digital-signature filings exempt hard copy.
Deadline for filing first-quarter VAT returns for 2015-16 in Forms DVAT-16, DVAT-17 and DVAT-48 is extended for online or hard-copy submission; tax payment obligations remain unchanged and must be paid as per the applicable VAT payment provision. Dealers filing returns using digital signature are exempted from filing the hard copy of the return/Form DVAT-56.

Extra Duty Deposit e-payment requirement: online challan generation blocks release until deposit paid, with correction option.
Integration of an online Extra Duty Deposit (EDD) module in ICES 1.5 requires the Appraising Officer to generate an invoice wise EDD challan and forward particulars to the bank for e-payment; once EDD particulars are saved for a Bill of Entry, the system blocks issuance of "Out of Charge" until the e-payment is made. Incorrect unpaid challans may be deleted by the Appraiser in ICES 1.5 and re generated, and importers or Customs Brokers must verify challan details before payment and approach the Appraising Officer or Assistant Commissioner (EDI) for issues.

Reward guidelines revised: discretionary caps and procedures for informers and officials in seizure and recovery cases.
Consolidated revised guidelines govern discretionary ex-gratia rewards to informers and Government Servants for seizures, detection of duty/service tax evasion and recovery actions under Customs, Central Excise, NDPS and Service Tax provisions. Eligibility, assessment criteria (specificity of information, risk, investigational contribution, post-investigation work), ceilings by rank and case value, and special per-unit rates for narcotics and bullion are prescribed. Advance/interim payments are permitted in defined categories and final rewards are payable after completion of adjudication/appeal/prosecution, with total payments capped and subject to committee sanction and service-record entries.