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    Circulars
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    Request for comments on alignment of Schedule-II (Export Policy) of ITC (HS), 2022 consequent to amendments introduced under the Finance Act, 2026
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    Export policy alignment and HS code revisions invite stakeholder comments on proposed schedule updates under FTP 2023.
    Request for stakeholder comments on the alignment of Schedule-II (Export Policy) of ITC (HS), 2022 with amendments introduced by the Finance Act, 2026. The Directorate General of Foreign Trade proposes corresponding changes to HS codes, product descriptions, chapter notes and export policy conditions across multiple chapters, and invites views, suggestions and comments from exporters, industry associations and experts within seven days by e-mail under FTP 2023.
    Change of CFS Application
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    Customs area de-notification follows relocation of CFS operations to a newly notified site.
    De-notification of a customs area follows the shifting of a container freight station's operations from its earlier premises to a new notified location. The entity had previously been appointed as custodian and customs cargo service provider for the old CFS site, and its name had been changed from the earlier corporate name to the present one. A separate customs area and custodianship were already notified for the new location where operations had commenced, and the former premises had become non-operational and unusable for CFS activities. In exercise of powers under Section 8(a) of the Customs Act, 1962, the customs area measuring 36,456 square meters at the old Palaspe premises is de-notified.
    Pendency in grant of "Allow for Shipment" in respect of Shipping Bills pertaining to SEZ export FCL containers moved under Export Transhipment Permit (ETP)
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    Allow for Shipment procedure streamlined for pending SEZ export FCL containers under Export Transhipment Permit.
    Pending Shipping Bills for SEZ export FCL containers moved under Export Transhipment Permit require submission of the Shipping Bill with Let Export Order, E-Gate Pass, Bill of Lading, and an undertaking that the container has not been taken back to town. The documents may be filed with the Superintendent, Preventive General (Tech), JNCH, by email or physically where required. The notice is meant to expedite disposal of pending cases, while the procedure in Public Notice No. 21/2025 continues for regular cases.
    Implementation of Risk-Based Selective Boarding of Vessel at JNCH
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    Risk-based selective vessel boarding streamlines customs clearance while preserving strict declaration compliance and boarding accountability.
    Risk-based selective boarding of vessels at Jawaharlal Nehru Custom House is to be carried out on advance risk profiling instead of as a routine requirement. The screening is to consider compliance history, voyage details, last port of call, current itinerary, cargo profile and declarations relating to ship stores, crew effects and vessel satellite devices, so that discrepancies, unusual quantities and unauthorized equipment can be identified. Terminal operators must send a weekly tentative vessel list, the Superintendent (Admin) must grant boarding clearance after document review and report weekly on boardings and reasons, and the Master and shipping agent must ensure strict compliance and accurate advance declarations where a vessel is not boarded.
    Removal of Old-Customs Passes issued under the category F, G, H to the Customs Brokers and Issuance of Digitally Verifiable New Customs Passes through the Customs Brokers Licensing Management System (CBLMS) online portal
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    Customs pass digitisation extends manual pass validity while preserving existing terms and conditions.
    Manual Customs Passes issued under categories F, G and H are to be replaced with digitally verifiable passes issued through the Customs Brokers Licensing Management System (CBLMS) online portal. The validity of manual Customs Passes, earlier due to become invalid after 31.05.2026, is extended up to 30.06.2026, while all other facilities, terms and conditions under the earlier public notice remain unchanged.
    Implementation of Universal E-Seal Reader at New Mangalore Port [INNML1]- Commencement of export container e-seal verification through ICEGATE Integration
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    E-seal verification at export gates enables ICEGATE validation, automated clearance, and fallback physical checks for unreadable seals.
    Universal e-seal readers at New Mangalore Port enable real-time scanning of export container e-seals, ICEGATE validation of exporter-entered data, and gate-entry confirmation for verification. The system supports auto-goods registration and auto-out of charge for eligible export shipping bills, while unreadable e-seals are subject to physical verification by Customs officers using handheld devices. The custodian must provide weekly reporting on scanned, unmapped, and physically verified e-seals.
    Formats under the Insolvency and Bankruptcy Board of India (Information Utilities) Regulations, 2017
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    Information utility reporting formats standardised for registration, debt submission, default records and dispute notices under insolvency rules.
    Formats notified for applications, registration certificates and information submissions under the Insolvency and Bankruptcy Board of India (Information Utilities) Regulations, 2017 cover the operational forms to be used by registered information utilities, users, insolvency professionals and related entities. The circular specifies Form A for application or renewal of registration as an information utility, Form B for certificate of registration, Form C for submission of information by a user, Form D for record of default, and Form E for information of dispute. It also prescribes the principal data fields and supporting particulars required in each form.
    Format for filing claims
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    Claim filing format under insolvency regulations requires identity details, loss explanation, computation, and notarised verification above threshold.
    The Board has notified a prescribed format for filing claims under regulation 14(3) of the Insolvency and Bankruptcy Board of India (Inspection and Investigation) Regulations, 2017. The form applies to a claim under an order issued under section 220(4) of the Code and requires the claimant's name and address, identity details, bank particulars, explanation of loss, computation of loss, and verification. If the claim exceeds Rs. 10,000, the verification must be made before a Notary for submission of the claim.
    Format for filing complaint
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    Complaint filing format notified for insolvency grievance handling, detailing required particulars, evidence, fee, confidentiality, and verification.
    The Insolvency and Bankruptcy Board of India notifies the prescribed format for filing complaints under the grievance and complaint handling framework. The annexed form seeks details of the complainant and any authorised representative, the service provider or associated person complained against, the alleged contravention, the resulting suffering, supporting evidence, redress sought, timeliness of the complaint, fee payment, confidentiality, attached documents, and verification.
    Master Circular for Alternative Investment Funds (AIFs)
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    Alternative Investment Funds regulation consolidated with updated disclosure, investment, governance and reporting requirements under a master circular.
    SEBI has consolidated and updated the regulatory framework governing Alternative Investment Funds by superseding the earlier master circular and rescinding the circulars listed in Annexure 21 to the extent they relate to AIFs. The circular standardises registration, PPM disclosure, fund raising, investment conditions, overseas investment, co-investment, governance, valuation, due diligence, reporting, dematerialisation, benchmarking and winding-up related processes, and requires the Compliance Test Report to cover compliance with all chapters of the Master Circular.
    Security Discipline and Credential Management Guidelines for Access to Protected Systems (ICEGATE, ECCS and ACES-GST Portal)
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    Credential sharing prohibition governs access to protected systems, with strict password discipline and mandatory compromise reporting.
    Sharing of user IDs, passwords, one-time passwords and other authentication factors for access to CBIC protected systems is strictly prohibited. The authorised user must keep credentials under exclusive personal control, must not record, store, transmit or leave them accessible to others, and must not share them with colleagues, vendors, contractual support personnel or helpdesk resources. On suspected or actual compromise, the user must disable the user identifier, report the incident, and preserve the device and records for investigation. Sharing credentials or using another person's credentials may attract penal action under the relevant laws and service rules.
    Requirement of CB Association Membership for all Customs Brokers'
    Show AI Summary
    Customs Brokers' Association membership becomes mandatory for brokers operating where a recognised association exists within their jurisdiction.
    Customs Brokers operating in a jurisdiction with a registered and recognised Customs Brokers' Association must enrol as members of that association and cannot hold membership in more than one association within the same jurisdiction. The Board may extend the time for compliance where circumstances beyond control prevent timely fulfilment of obligations and other conditions are satisfied. Customs Brokers under Hyderabad Customs jurisdiction must enrol with the recognised association and submit a registration certificate as proof of compliance by the specified deadline.
    Streamlining of mechanism for seeking clarification on interpretation of Foreign Trade Policy (FTP) provisions from DGFT
    Show AI Summary
    Foreign Trade Policy clarification requests must follow a routed mechanism, with direct field correspondence to DGFT disallowed.
    Foreign Trade Policy interpretational issues arising in Customs field formations are to be routed through a streamlined mechanism to ensure institutional consistency, uniformity in implementation and prompt resolution. Customs officers are directed not to correspond directly with DGFT Headquarters or Regional Authorities for clarification on FTP provisions or related policy conditions; such issues must first be examined at the Commissionerate or Zonal level, and only matters requiring policy-level clarification after due examination may be referred to the Board by the concerned Principal Chief Commissioner or Chief Commissioner.
    Formats under the Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) Regulations, 2017.
    Show AI Summary
    Voluntary liquidation process forms specified for claims, compliance reporting, deposits, withdrawals and termination intimation.
    Formats under the Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) Regulations, 2017 are specified for the public announcement, proof of claim forms for different classes of stakeholders, deposit and withdrawal of unclaimed dividends and undistributed proceeds, the compliance certificate, and intimation for termination of voluntary liquidation proceedings. The annexed forms prescribe the particulars, supporting documents, affidavits, verifications, process details, timelines, compliance disclosures, and other information to be furnished in voluntary liquidation proceedings.
    Formats under the Insolvency and Bankruptcy Board of India (Pre-packaged Insolvency Resolution Process) Regulations, 2021.
    Show AI Summary
    Pre-packaged insolvency process formats standardised for consents, creditor lists, claims, resolution plans and compliance reporting.
    Specifies prescribed formats under the Insolvency and Bankruptcy Board of India (Pre-packaged Insolvency Resolution Process) Regulations, 2021, as amended, for use in the pre-packaged insolvency resolution process. The formats cover written consent of insolvency professionals, list of creditors, approval of appointment and initiation, declarations by directors or partners, declaration regarding avoidance transactions, report of the insolvency professional, public announcement, list of claims, invitation for resolution plans, compliance certificate, and applications for termination or vesting of management with the resolution professional.
    Formats under the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016.
    Show AI Summary
    Liquidation process forms prescribed for claims, progress reporting, security interest intimation, and compliance filings under liquidation regulations.
    Formats are specified for use under the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016, as amended. The circular prescribes the forms to be used for key liquidation steps and filings, including written consent to act as liquidator, public announcement, quarterly progress report, proof of claim forms, intimation of decision on security interest, compliance certificate, deposit of unclaimed dividends or undistributed proceeds, and withdrawal from the Corporate Liquidation Account. Stakeholders may use the corresponding claim forms notified under the CIRP Regulations for filing claims in liquidation.
    Formats under the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Personal Guarantors to Corporate Debtors) Regulations, 2019
    Show AI Summary
    Insolvency resolution formats for personal guarantors prescribe consent, creditor claim, and proxy forms for creditor meetings.
    Formats for the insolvency resolution process of personal guarantors to corporate debtors are specified under the Insolvency and Bankruptcy Board of India regulations as amended, and three annexed forms are prescribed: Form A for written consent to act as resolution professional, Form B for submission of claim with proof by a creditor, and Form C for proxy appointment at a meeting of creditors. The forms set out the required disclosures, creditor particulars, security details, voting-related election on enforcement of security, and authorisation for proxy attendance and voting.
    Formats under the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016
    Show AI Summary
    Insolvency resolution process formats standardised for claims, public announcements, resolution plans, and compliance under corporate insolvency rules.
    Formats under the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 are specified by circular for use in corporate insolvency resolution process matters. The circular prescribes notified formats for public announcement, written consent to act as resolution professional or authorised representative, list of assets and records, proof-of-claim forms for different classes of creditors, withdrawal of CIRP, invitation for expression of interest, two-stage approval of resolution plan, and the compliance certificate.
    Formats under the Insolvency and Bankruptcy Board of India (Bankruptcy Process for Personal Guarantors to Corporate Debtors) Regulations, 2019
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    Bankruptcy process forms for personal guarantors: prescribed consent and proxy formats govern trustee appointment and creditor voting.
    Formats are specified for use under the Insolvency and Bankruptcy Board of India (Bankruptcy Process for Personal Guarantors to Corporate Debtors) Regulations, 2019, as amended. The circular identifies the annexed formats for the relevant regulatory requirements. Form A is the written consent to act as bankruptcy trustee under regulation 3(3), and Form B is the proxy appointment form under regulation 26(2) for a creditor to appoint a proxy to attend and vote at a committee meeting.
    Amendments in Para 2.88 of Handbook of Procedures
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    Certificate of Origin procedures updated for India-Oman CEPA, enabling exporter access through authorised agencies.
    Para 2.88(a) of the Handbook of Procedures 2023 is amended by inserting the India-Oman Comprehensive Economic Partnership Agreement in the list of free trade agreements. The amendment facilitates exporters to obtain the Certificate of Origin under the India-Oman CEPA through the system of issuance of certificates of origin by authorised agencies.

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      Central Excise

      Cex : Computer Assisted Audit Programme (CAAP) — auditing In An electronic Environment

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      Computer Assisted Audit Programme enables electronic-record audits using secure, non altering software following a feasibility survey.
      Computer Assisted Audit Programme (CAAP) establishes a mechanism for auditing assessees who maintain electronic business records, allowing audits to be ... Summary

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      ActsIncome Tax