ODI issuance with derivative underlying limited to equivalent hedging; existing non-hedging instruments must be wound up and certified.
ODI-issuing FPIs are barred from issuing ODIs with derivatives as underlying except where the derivative position is solely for equivalent hedging of the equity shares held by the FPI. Existing non-hedging ODIs must be liquidated by maturity or the prescribed cutoff, with an expectation of earlier liquidation. Fresh issuances require a compliance officer certificate, to be filed with monthly ODI reports, certifying the derivative is for equivalent hedging in the same underlying equity. The directive is immediately effective and DN/ custodians must notify FPI clients.

Bond and Letter of Undertaking requirements streamline exports without integrated tax payment through running bonds and conditional security.
Exports without payment of integrated tax require a registered person to furnish a bond or Letter of Undertaking in FORM GST RFD-11. Exporters not eligible for an LUT must furnish a bond. The bond operates as a running bond covering estimated tax liability, and a fresh bond is required if outstanding export liability exceeds the available bond amount. Bank-guarantee requirements depend on the exporter's track record and should normally not exceed 15% of the bond amount. An LUT remains valid for twelve months, subject to compliance with its conditions.

Bond and Letter of Undertaking for export without integrated tax: running bonds permitted, bank guarantee capped, LUT validity limited.
Clarifies that exporters eligible under the notification may use a Letter of Undertaking (LUT), while others must furnish a bond in FORM GST RFD-11 on state stamp paper. Exporters may furnish a running bond to cover estimated export tax liability and must ensure outstanding liabilities remain within the bond; fresh bond required if insufficient. The jurisdictional Commissioner may demand a bank guarantee based on exporter track record, with bank guarantees normally not to exceed fifteen percent of the bond amount. Bonds/LUTs are accepted by the Deputy/Assistant Commissioner having jurisdiction over the exporter's principal place of business.

TDS under GST requires government deductors to register, withhold prescribed tax, remit electronically and file monthly returns.
The circular mandates compulsory GST registration for government departments and agencies as Deductors under section 51, requires withholding tax on eligible contracts at the prescribed statutory components (state/central or IGST for interstate supplies), excludes separately charged GST/IGST and cess from the threshold computation, and directs electronic payment, monthly GSTR-7 filing, issuance of Form GSTR-7A certificates, and procedures for refunds, penalties, interest and transitional exclusions.

Classification of printed workbooks: treat as books when printed content is integral rather than incidental to their use.
Exercise books with blank lined pages and only incidental printing are classifiable as stationery under the notebook/register tariff heading because printing is incidental to their primary use of manual writing. Printed workbooks and children's drawing/colouring books whose printed text or pictures form the principal interest, provide exercises or spaces for completion, and where printing is not merely incidental, are classifiable as books under the tariff heading for printed textual matter, in line with HSN explanatory and chapter notes.

Inter state movement of conveyances not a supply, so IGST not payable; repairs and maintenance remain taxable.
The inter-state movement of conveyances between distinct registered persons is not to be treated as a supply and IGST will not be payable on such movements except where the movement is for further supply of the same conveyance; repairs and maintenance on such conveyances are taxable and subject to applicable Central/State GST or IGST.

GST permit issuance enables online generation and sets conditions for movement of taxable goods under prescribed procedural requirements.
An online system issues GST Inward, GST Outward, GST Permit for intra-State supply and GST Transit Pass; registered dealers may use existing credentials or create profiles to obtain user IDs. Permits are requisitioned and auto numbered by the portal with maximum unutilized stock limits and replenishment only after 50% utilization. Permit generation requires consignment and transporter details; transporters perform vehicle data entry and obtain tracking IDs. Transit Passes require valid GSTINs and invoices, must be endorsed at exit and surrendered within thirty days. Intra state permits are not mandatory within the same municipal area or below a specified invoice value unless composite consignments exceed that value.

GST Implementation Coordination Unit to centralize taxpayer transition queries and provide support via email and helpline.
Formation of a GST Implementation Coordination Unit (ICU) to receive, triage and respond to taxpayer, consultant and trade queries during GST transition. The ICU will be staffed by an Inspector under a Superintendent and overall charge of a Deputy Commissioner. All Divisional and Range Offices must forward trade-related queries to the ICU using the published group email and helpline, and trade associations are asked to publicize the contact channels so members can seek timely clarifications and assistance.

Proper officer designations under GST allocate enforcement and procedural functions to specified tax officer ranks.
The notice assigns proper officer roles for non-registration and non-composition CGST functions to designated officer ranks, specifying the exact Act sub-sections and rule provisions allocated to each category, thereby creating an operational matrix for assessment, seizure, adjudication, and other enforcement-related procedural powers.

Proper officer designation assigns CGST Act functions to specified ranks for non-registration and composition matters under trade notice.
Designation of proper officers assigns specific CGST sections and rules to ranks-Principal Commissioners/Commissioners, Additional/Joint Commissioners, Deputy/Assistant Commissioners, Superintendents and Inspectors-authorising them to exercise enumerated enforcement, adjudicatory and procedural powers (inspection, assessment, recovery, detention, seizure, refund and related compliance functions) under the Act for matters other than registration and composition.

Online filing requirement for Foreign Venture Capital Investors: registration and compliance filings must be submitted through the Intermediary Portal.
Mandatory online filing system requires all applicants and registered Foreign Venture Capital Investors to submit registration applications, compliance reports and applications under the FVCI Regulations exclusively through the Intermediary Portal; links and a user manual are available on the regulator's website and existing registrants must activate online accounts using activation e mails.

Bond or Letter of Undertaking for exports - acceptance by deputy/assistant commissioners and manual submission to be permitted.
Requirement to furnish a Bond or Letter of Undertaking prior to export for supplies made without payment of integrated tax must be recorded in FORM GST RFD-11. Acceptance of the Bond or Letter of Undertaking shall be done by the jurisdictional Deputy/Assistant Commissioner, and until the online module is available exporters may manually submit the prescribed FORM RFD-11 to that officer.

Furnishing of Bond/Letter of Undertaking: acceptance by deputy/assistant commissioners and manual FORM RFD-II filing permitted until portal module exists.
Furnishing of Bond/Letter of Undertaking under rule 96A for export without payment of integrated tax must be in FORM RFD-II on the common portal; CBIC permits acceptance by the jurisdictional Deputy/Assistant Commissioner and allows manual submission of FORM RFD-II to that officer until the portal module is available, with exporters authorised to download the specified format from the CBEC website.

Goods and Services Tax implementation alters customs procedures and IGST exemption treatment for SEZ imports, requiring trade compliance.
Introduction of the Goods and Services Tax prompted amendments to customs law and procedure, with a CBEC circular clarifying bonds and letters of undertaking for exports and notifications amending tariffs and providing IGST exemptions for SEZ units and developers on imports of goods and services. Stakeholders are directed to consult the listed instruments on the CBEC website, familiarise themselves with the changes, and report any difficulties to the Principal Commissioner's office.

Tariff classification of dioctyl orthophthalate clarified: ortho isomer classed under specific tariff line; meta and para under residual.
Classification of dioctyl orthophthalate (DEPH) turns on subheading rules and specificity: Sub heading Note 2 prevents Chapter Note 3's numerical order rule from applying between competing subheadings within the same heading. A specific subheading exists for the ortho variety, which therefore takes precedence over the residual "other" subheading; dioctyl orthophthalate (ortho) is classifiable under the specific ortho subheading, while the meta and para isomers fall under the residuary subheading for other dioctyl phthalates.

Proper officer appointments under CGST assign specific investigative and adjudicatory functions to designated Central Tax officers.
Assignment of proper officers under the CGST Act designates specified Central Tax officer classes to exercise enumerated statutory and rule based functions (other than Registration and Composition). The Board has mapped investigative, adjudicatory and procedural powers to officer designations-Principal Commissioners/Commissioners, Additional/Joint Commissioners, Deputy/Assistant Commissioners, Superintendents and Inspectors-authorising actions under specified sections and rules. Jurisdictional Principal Commissioners/Commissioners must circulate the assignment to taxpayers and field formations, and trade associations should inform their members.

Bond or Letter of Undertaking for exports may be accepted by jurisdictional Deputy/Assistant Commissioner; manual submission allowed until portal live.
Acceptance of the Bond/Letter of Undertaking required for export without payment of integrated tax may be effected by the jurisdictional Deputy or Assistant Commissioner. Until the portal module for FORM GST RFD-11 is available, exporters may download FORM RFD-11 from the Central Board's website and furnish the duly filled form manually to the jurisdictional Deputy/Assistant Commissioner. These provisions apply to applications filed on or after the operative commencement date.

Customs duty collection arrangements delegated to a designated bank for EDI-based duty collection and drawback payment at specified stations.
State Bank of India, Panbazar, Guwahati branch (BSR Code 0000078) is authorised for collection of Customs duty and payment of duty drawback under the EDI system for Darranga LCS (INDRG8), Kamardwisa (Rangapani) LCS (INPBLB), and LGBIA Airport, Borjhar (INGAU4); arrangements are effective from the date of issue of the facility notice.

Tax Clearance Certificate requirement removed for procurements under GST; departments must not insist on its production.
Procuring entities are instructed that the Meghalaya GST Act and the Central GST Act contain no provision for issuance of a Tax Clearance Certificate; therefore Departments and Local Bodies must not insist on submission of the Tax Clearance Certificate previously required under the repealed Meghalaya Value Added Tax Act when calling for tenders for supply of goods and/or services, and should remove it as a prequalification or tender condition until further notice.

Late filing charge exemption for bills of entry allows waiver where prior filing existed and bonafide delays are evidenced.
No late presentation charge will be levied for consignments with advance bills of entry filed prior to the GST transition and entry inward thereafter; importers unable to file due to circumstances beyond their control may seek waiver by producing sufficient evidence, and assessing groups will consider waivers on merits after satisfying themselves of the bonafide nature of each case.