Custodianship extension requires bonds, contingency insurance, operational safeguards and custodial liability for loss or pilferage in transit.
Extension of custodianship is granted subject to maintenance and renewal of prescribed bonds and contingency insurance, compliance with Sections 45(2) and 45(3) of the Customs Act and Handling of Cargo in Customs Areas Regulations, and strict custodial liability for loss, pilferage, theft, fire or damage to goods in custody or during transit, including responsibility for duty and penalties on lost goods and obligation to furnish separate bonds for export duty incentives and secure transport to gateway ports.

Refund restriction for inverted duty structure now applies prospectively; amended refund formula governs later applications.
Clarification: the amended refund calculation formula for unutilised input tax credit due to inverted duty structure applies prospectively to refund applications filed on or after its effective date, while refund applications filed before that date must be processed under the prior formula. Separately, a restriction denying refunds for certain specified goods where credit accumulated on account of higher input tax rates is likewise prospective and applies only to refund applications filed on or after its effective date; earlier filings are unaffected.

Authorization for tax surveys requires prior approval from senior tax authorities and monitoring by commissioners for compliance.
Authorization for survey and search powers must be issued by an income-tax authority not below the rank of Joint Director or Joint Commissioner with prior approval of the Director General/Chief Commissioner for specified directorates, and the Principal Chief Commissioner for other charges; where a TDS charge is headed by the Principal Chief Commissioner, approval shall be granted by that officer. The Principal Commissioner/Commissioner/Principal Director/Director concerned shall monitor that survey action follows statutory provisions and Board guidelines. The order supersedes prior orders and is effective immediately.

Designation of officers under Section 133A clarifies delegated search and inspection powers and territorial allocation.
The Board specifies Principal Director General, Director General, Principal Chief Commissioner and Chief Commissioner as the senior officers whose subordinates may exercise the search and inspection powers under the Income-tax law, confined to territorial areas, persons or classes of persons, incomes or classes of incomes, and cases or classes of cases assigned to them under the Department's allocation framework; the specification excludes charges exercising powers under the separate penalty and faceless penalty mechanism.

Unutilised input tax credit refund rules apply prospectively; amended formula and goods restriction affect applications filed after effective dates.
An amendment to the refund formula for unutilised input tax credit due to inverted duty structure is prospective from July 5, 2022 and applies only to applications filed on or after that date; applications filed before that date will follow the prior formula. A restriction denying such refunds for specified goods under Chapters 15 and 27 is prospective from July 18, 2022 and applies only to applications filed on or after that date, not to earlier-filed claims.

Input tax credit reporting: mandatory disclosure and reversal for ineligible credits to prevent wrongful utilisation and interest liability.
Taxpayers must not edit auto populated totals in Table 4(A) of Form GSTR 3B to remove ineligible credits; permanently blocked credits and reversals under Rules 38, 42, 43 and Section 17(5) are to be declared in Table 4(B)(1), reclaimable or temporary reversals under Rule 37 and Sections 16(2)(b) and 16(2)(c) in Table 4(B)(2), reclaimed amounts in Table 4(D)(1), and time barred or cross State ineligible credits in Table 4(D)(2). Net ITC in Table 4(C) equals (4A - [4B(1) + 4B(2)]) and will credit the electronic credit ledger; expired rectification requires filing Form GST DRC 03 to reverse credits.

Commissioner review powers: internal review cells to examine refund orders and recommend timely appeals and remedies.
An Internal Review Cell is to be constituted at Head Office and Range offices to examine refund orders under Section 107(2) HGST, assessing legality or propriety and recommending legal remedies where orders are prejudicial to revenue. Reviews must be completed at least thirty days before the appeal period expires; Cells are headed by specified senior officers with up to two assistants, and refund orders (Form RFD-06) must be marked to the relevant Cell. The Commissioner will act on the Cell's recommendations and Cells must follow CBIC guidelines.

State GST exemption for designated film screenings - theatres must pay SGST from own funds and seek reimbursement.
Order directs registered theatres and multiplexes exhibiting the Odia film "DAMaN" not to collect State GST from customers and to display "State GST not collected by the orders of the Government of Odisha" on tickets; theatres must not raise entry fees or change seat capacities. Theatres must nonetheless file returns and deposit State GST from their own resources; SGST paid during the period may then be claimed for reimbursement by application to the jurisdictional Circle Head, recommended by territorial Range Head, certified by the Commissioner of Commercial Taxes & GST, and disbursed by the Industries Department against a designated budget head; the order has a defined effective period and excludes collections outside that period.

Recurring show cause notices: initiating enforcement authority handles consequential actions, but recurring SCNs issued by jurisdictional tax authority.
Authority for consequential actions arising from an enforcement action rests with the authority that initiated the enforcement; however, issuance of recurring SCNs should be made by the jurisdictional tax authority administering the taxpayer because such recurring notices do not require fresh investigation and the jurisdictional authority can access returns and records to determine whether the original grounds persist. Refunds remain an independent process to be granted only by the jurisdictional authority, while considering findings communicated by the investigating authority.

No-objection requirement for schemes of arrangement: Stock Exchange clearance and prescribed disclosures required before court filing.
Entities listing Non-convertible Debt securities or Non-convertible Redeemable Preference Shares must file a draft scheme of arrangement with a designated nationwide Stock Exchange to obtain a No-Objection Letter before approaching any Court or Tribunal. The filing must include the draft scheme, a Registered Valuer's valuation report with undertaking, a fairness opinion from a SEBI-registered merchant banker, a board report addressing impacts and safeguards for NCD/NCRPS holders, audited financials, an auditor's certificate on payment/repayment capability, compliance reports, and required declarations; Stock Exchanges will forward filings to SEBI and coordinate queries and timelines.

Declaration of First Close: AIFs must declare First Close, meet minimum corpus and preserve sponsor/manager commitments.
AIF schemes must declare First Close within the prescribed period from SEBI communication; at First Close the scheme corpus must meet the category minimum and sponsor/manager commitments to meet that minimum cannot be reduced, withdrawn or transferred thereafter. Tenure of close-ended schemes is calculated from First Close; tenure may be modified only before First Close and investors may withdraw commitments prior to First Close. Changes in sponsor/manager or change in control require prior SEBI approval and payment of a fee equivalent to the registration fee, subject to limited exemptions and timelines.

Anonymous escalation addresses delayed Bill of Entry assessment through ICEGATE's faceless assessment grievance tracking mechanism
The Anonymised Escalation Mechanism enables ICEGATE-registered users to submit grievances about Bills of Entry delayed in faceless assessment. A grievance may be lodged after the Bill of Entry has remained pending for at least 24 hours, provided the Import General Manifest number and date have been entered. Users submit the ICEGATE ID, Bill of Entry number and date, and port code through the Helpdesk or ICEGATE portal. A grievance number is generated where the criteria are met, and status may be tracked using that number or the Bill of Entry details.

Relief in average export obligation: sectors with export decline may receive proportionate EO reductions for affected year.
Relief under para 5.19 HBP (FTP 2015 20) allows proportional reduction of the Annual Average Export Obligation for EPCG authorisations where a sector/product group's exports declined by more than 5% in 2021 22 versus 2020 21. Regional Authorities must re fix EO for 2021 22, endorse reductions in licence files, issue amendment sheets to holders, and consider prior policy circulars before issuing demand notices or EODCs, recording this in the EODC check sheet.

Summons under GST inquiry require judicious use, proper recording, and limited escalation after repeated non-compliance.
Guidelines are issued for summons under Section 70 of the Uttarakhand GST Act to ensure uniformity in their use. Summons should be used judiciously, recorded on file, and generally avoided where information is available through other statutory means or on the GST portal. Senior management officers should be summoned only where their role in revenue-loss decisions is clearly indicated. Repeated summons should not be issued without proper service, and after three unsuccessful summons, a complaint may be filed before the competent Magistrate, subject to due service requirements.

Refund eligibility for unutilised input tax credit clarified: amended calculation and specified-goods restriction apply prospectively to new applications.
An amended formula for calculating refunds of unutilised input tax credit due to inverted duty structure is applicable prospectively and governs refund applications filed on or after the amendment's effective date; applications filed earlier must follow the prior formula. A separate notification proscribes refunds for specified goods where input tax exceeds output tax, and that restriction likewise applies prospectively to refund applications filed on or after its effective date and not to earlier-filed claims.

Government backed Line of Credit enables India sourced export supply for Mauritius metro project, subject to RBI and FEMA compliance.
A Government of India supported Line of Credit from Exim Bank to SBM (Mauritius) finances participation in Phase IV of the Mauritius Metro Express Project, permitting exports from India subject to the Foreign Trade Policy. The LoC mandates at least 75 per cent of contract value be supplied from India and allows up to 25 per cent foreign procurement; shipments must be declared in Export Declaration Form/Shipping Bill. No agency commission is payable under the LoC, though exporters may use their own funds or EEFC balances after realisation, subject to AD Category I bank compliance. The circular is issued under FEMA and does not affect other legal permissions.

Anonymised escalation mechanism routes delayed Bill of Entry grievances while preserving officer and assessment-location anonymity under faceless assessment.
The Anonymised Escalation Mechanism enables importers or Customs Brokers to register ICEGATE grievances concerning delayed assessment of a Bill of Entry under Faceless Assessment, while preserving the anonymity of the assessing officer and assessment location. Tickets are routed in ICES to VDN or ADN officers according to whether the Bill of Entry is pending at the Faceless Assessment Group port or port of import, and transfer with the Bill of Entry when its assessment location changes. Officers can view the Bill of Entry status for monitoring and follow-up. After assessment is completed, the ticket is closed in the system and reflected as closed on the ICEGATE grievance dashboard.

TRQ allocation for sugar permits specified exports from India to EU and USA under prescribed certification and reporting conditions.
The Director General of Foreign Trade allocates specified TRQ quantities of sugar for export from India to the EU and USA, confirms such exports are 'Free' subject to existing restrictions and reporting requirements, directs that Certificates of Origin for preferential access be issued by the Additional Director General of Foreign Trade, Mumbai on APEDA's recommendation, and designates APEDA as the implementing agency to operate the quota.

Transitional credit verification must follow uniform central guidelines adopted for State tax field officers implementing GST law.
Transitional credit verification under the Tripura State Goods and Services Tax regime must follow the central guidelines adopted to secure uniform implementation of the law. The directions, issued under the statutory power for uniform implementation of the Tripura State Goods and Services Tax Act, 2017, apply to State tax field officers. Officers are required to follow the annexed central circular while verifying transitional credit.

Refund-related clarifications require tax field officers to follow uniform guidelines for administering goods and services tax refunds.
Refund-related clarifications require State tax field officers to follow the annexed central guidelines on refund issues. The instruction, issued to secure uniform implementation of the State goods and services tax law, applies to designated tax authorities administering refund matters.