One-time relaxation for additional fee under EPCG scheme permits fee submission with EODC application to regularize excess duty.
A one-time procedural relaxation allows Regional Authorities to accept an additional fee to cover excess duty utilization under the EPCG Scheme at the time of application for the EODC, limited to cases where excess duty utilized does not exceed ten percent of the duty saved value; the measure is extended to EPCG authorizations issued under Foreign Trade Policy 2009-14.

Manifest delivery obligation: incorrect EGMs must be corrected to prevent delays in access to post export incentives.
Section 41 requires delivery of the manifest (EGM) to the proper officer before departure; incorrect or omitted EGMs recorded in the EDI system have delayed export incentives. A monthly Public Notice lists specific EGM errors and directs exporters, customs brokers and custodians to coordinate with the concerned airlines to remove listed EGM errors so exporters may avail post export benefits, with implementation difficulties to be reported to Customs, Export, ACC, Mumbai.

Cybersecurity best practices advisory requires regulated entities to strengthen incident response, patching, MFA and third party risk controls.
Advisory requires SEBI regulated entities to adopt comprehensive cybersecurity measures, define senior information-security roles, maintain incident response plans, integrate compliance reporting with SEBI audit mechanisms, and implement operational controls including phishing detection and takedown, routine patch management and VAPT with timely remediation, robust log retention, encryption of sensitive and PII data, data leakage prevention, strong authentication with multi-factor authentication, least-privilege/zero-trust privilege management, network and endpoint protections, cloud security safeguards, prompt implementation of CERT-In/CSIRT-Fin advisories, mitigation of third-party concentration risk, and consideration of external audits and ISO certification.

Customs broker licensing moved online via CBLMS - brokers must validate profiles and use portal for license and pass applications.
Launch of new CBLMS e-applications requires customs brokers to use the portal for licensing processes including issuance, renewal, pass management, surrender, reconstitution, authorized person replacement and partner/director changes; these functions are available only for brokers whose departmental profiles are validated, and brokers must ensure complete profile validation and promptly reply to any deficiencies or queries raised by policy sections to activate the e-applications.

Physical filing permitted for prospectus, allotment and buy back forms during portal migration, subject to later electronic filing.
Companies may physically file Forms GNL-2, MGT-14, PAS-3, SH-8, SH-9 and SH-11 during the portal migration window for time bound filings, provided the physical submissions are duly signed, accompanied by an electronic copy, submitted to the concerned Registrar and acknowledged on the prescribed annexure without payment of fee at that time. Physical filings must be accompanied by an undertaking that the same Form will be later filed electronically on the MCA-21 Portal with payment of fees as per the Companies (Registration Offices and Fees) Rules, 2014.

Antecedent verification must be timebound to ensure prompt completion and strict compliance with warehousing licensing requirements.
The amendment requires that antecedent verification for licence applicants under the Public, Private and Special Warehousing Licensing Regulations be completed within 45 days of receipt of the application to prevent unreasonable delays. The Board, citing CAG Report No. 19 of 2022, requires that officers ensure strict compliance with prescribed application details, annual renewal of solvency certificates and risk insurance policies, and corrective action on irregular storage, with each specific CAG-identified case to be addressed on priority.

Ex-bond documentation requirement: Form A amended to record ex-bond bill or shipping bill details on removal.
The amendment inserts a new Column No. 25A in Form A titled "Ex. Bond Bill of Entry No. and date/ Shipping Bill No. and date" to require warehouse licensees to record the ex-bond bill of entry or shipping bill identifying number and date when goods are removed from the warehouse for home consumption or export, enhancing documentary traceability linked to customs removal instruments.

Extension of filing deadlines allows specified company e-forms and PAS-03 to be filed without additional fees until end of March.
Specified 45 company e Forms, SPICe+ Part A and Form PAS 03 that were due during the MCA 21 Version 3.0 transition period may be filed without payment of additional fees until 31.03.2023; name reservation under section 4(5) is extended by 20 days and the resubmission period under rule 9 (Incorporation Rules) is extended by 15 days to accommodate system migration and stabilization.

Provisional assessment finalization: priority administrative drive requires submission at Customs Facilitation Centre with acknowledgement and status updates.
A time-limited administrative drive instructs importers and customs brokers to submit pending provisional assessment finalization requests at the Customs Facilitation Centre with required documents; submissions receive an acknowledgement and will be prioritised for disposal, with request statuses uploaded weekly on the JNCH website and designated nodal officers available for assistance; the notice is a standing order and implementation difficulties must be reported to the Additional Commissioner by email.

Reopening of pending export incentive applications: authorities must re-examine merits, allow hearings and remand transfers to regional offices
Regional Authorities must re-open MEIS/SEIS applications pending for jurisdictional deficiency under Para 3.06 and re-examine them on merits with any additional documents, since both schemes are discontinued and file transfer is not feasible. RAs should afford personal hearings before rejecting cases, and requests for transfer of applications from DGFT headquarters are remanded to the RAs for necessary action.

GST Appellate Tribunal: one national tribunal with state benches, four member benches and targeted GST procedural and rate reforms.
The Council established one national GST Appellate Tribunal with a Principal Bench and State Benches each ordinarily comprising two Judicial and two Technical Members (one Centre, one State), allowed single Member adjudication for matters up to Rs. 50 lakh, approved Search cum Selection Committee compositions for State Technical Members, and authorised drafting of consequential amendments. It approved Law Committee recommendations on targeted amendments (Section 23, Section 62, Section 13(9) IGST), late fee rationalisation and conditional amnesties for specified returns, amendments to CGST Rules for Aadhaar authentication, extensions and amnesties for revocation of registration and specified assessment periods, and accepted Fitment and GoM reports with proposed compliance and track and trace measures.

Customs Broker Licensing: new e-application suite requires brokers to validate profiles and process license tasks online.
The Customs Broker Licensing Management System (CBLMS) portal now hosts e applications for examination and licensing, issuance and renewal of broker licences, customs pass issuance/renewal/cancellation, security applications, surrender and reconstitution of licences, authorized person replacement, partner/director changes, and miscellaneous applications. These functionalities are available only for brokers whose departmental profiles are validated. Brokers under regulation 7(2) or 7(3) are requested to process applications via the portal and promptly address any departmental deficiencies to ensure profile validation.

GST audit selection: zonal and turnover based registered persons lists published, audits to be completed by prescribed deadline.
Zones are classified into three categories according to the number of high turnover traders, and within each zone category registered persons are further classified as large, medium or small taxpayers by prescribed turnover bands. Zonal and turnover wise lists of selected registered persons for GST tax audit of the relevant financial year are published to zonal Additional Commissioners/Joint Commissioners (Tax Audit) and on the departmental website; audits of the selected persons must be completed within the prescribed time limit.

Takeover regulations master circular updates formats, mandates system driven disclosures, exchange based acquisition procedures and trust exemption conditions.
Master Circular consolidates and updates formats, reporting templates and operational procedures under the Takeover Regulations, rescinds specified prior circulars while preserving prior actions, mandates online filing via SEBI Intermediary Portal, standardises Letter of Offer and disclosure requirements, prescribes System Driven Disclosures with depository recording of all encumbrances (including ultimate lender/trustee details) and details stock exchange acquisition, tendering, settlement procedures, escrow and financial arrangements, and special conditions for trust acquirers and Regulation 10 exemption reporting.

EPCG authorisation holders must submit EODC/Redemption letters or proof of payment for bond/BG cancellation.
Holders of EPCG Authorisations registered at Jawaharlal Nehru Custom House (Zone II) must submit copies of Export Obligation Discharge Certificate/Redemption Letter or, if EO is incomplete, pay the commensurate amount and provide proof, to enable cancellation of bonds/bank guarantees. Required documents for cancellation are listed in Annexure B (including original EODC/Redemption Letter, ANF 5B certified by CA, installation certificate, original authorisation, shipping bills/ARE 1, BRC, and third party export documents). Submissions are to be made at Room No. 702, 7th floor, C Wing, JNCH, Nhava Sheva.

High-risk food imports must enter through designated ports, with specified product categories subject to port-based entry controls.
High-risk food products may be imported only through designated ports from 1 March 2023. The restriction covers milk and milk products, egg powder, meat and meat products including poultry and fish, infant foods, and specified nutraceutical, health-supplement, dietary-use, probiotic, prebiotic and special medical purpose foods. Import entry for these categories is permitted through 79 designated ports, with implementation measures operating as standing instructions for customs officers and staff.

Customs broker licensing portal now requires brokers to file specified e-applications online and validate profiles before processing.
CBLMS now provides online e-applications for examination and license issuance, new license issuance, Form C intimations, customs pass issuance/renewal/cancellation, security/deposit applications, surrender and reconstitution of licenses, authorized-person replacement, partner/director changes and miscellaneous applications. Brokers must process these matters via the portal and ensure their CB profiles are validated by the Department, promptly addressing any deficiencies or queries from policy sections so applications become operationally processable.

Remedial action under section 263 requires PCIT to decide appropriate remedy; AO acts if 263 not invoked.
When a Revenue Audit objection is accepted the Principal Chief Commissioner must decide if the order requires revision under section 263 and, if so, call for records and initiate revision; if not, the Assessing Officer must, by independent application of mind, examine each case and take suitable remedial action. If the AO opts for rectification under section 154, initiation requires Range head approval. Remedial action must be initiated and completed within prescribed short timelines, and the objection is treated as settled once completion is intimated and any demand notice issued.

Information-sharing regime: Aadhaar-based income-tax payee verification returns Yes/No flags and PAN via secure digital channels.
Director General of Income-tax (Systems), New Delhi is appointed as the specified authority to furnish Aadhaar-linked income-tax payee status to the Directorate of e-Governance, Government of Tamil Nadu. The nodal agency will transmit Aadhaar numbers and assessment year(s) by SFTP (with UIDAI concurrence as may be required); the Director General will reply with a "Yes/No/Not Available" flag and the PAN against the Aadhaar, using SFTP, API or other secure digital channels, with frequency decided in consultation with the requesting government.

Line of Credit for Maldives projects permits India sourced supply and export financing under RBI and FEMA conditions.
Exim Bank's Government of India supported Line of Credit to the Maldives finances new projects and spill over costs, requires at least 75 per cent of contract value to be supplied from India, mandates Export Declaration Form/Shipping Bill filings per RBI instructions, imposes a terminal utilization period of 48 months from scheduled project completion, disallows agency commission under the LoC (though exporters may use own funds or EEFC balances subject to realization and instructions), and directs AD Category I banks to notify exporters and permit compliant remittances; directions issued under FEMA remain without prejudice to other statutory permissions.