Export obligation monitoring requires licensees to prove fulfilment or face duty recovery, security encashment and enforcement actions.
EODC will monitor export obligations under EPCG and Advance Authorisation; importers must produce installation certificates within specified periods and discharge export obligations within prescribed blocks or extensions. Failure to fulfil obligations triggers payment of proportional customs duties with interest within three months of block expiry, and Customs may recover unpaid amounts by encashment of securities or under Sections 142 and 143 of the Customs Act; non-fulfilment also exposes goods to confiscation and penalties under Sections 111(o) and 112(a).

State Excise and VAT licence requirement: buyers in bond to bond liquor transfers must hold licences and submit copies.
Customs requires that persons acquiring warehoused liquor by bond to bond transfer hold valid State Excise and VAT licences and submit self attested copies when executing the triple duty bond under Section 59; sellers must verify buyers' licences. The measure aims to prevent duty evasion, monitor warehoused liquor validity, and ensure compliance with State Excise and VAT laws. Exceptions apply to the original importer and to transfers to holders of a special bonded warehouse licence. The notice is effective immediately.

Asset allocation base exclusion clarifies CDMDF units are excluded from net assets for mutual fund limit calculations.
Investment in units of the Corporate Debt Market Development Fund shall be excluded from the base of net assets for calculation of mutual fund scheme asset allocation limits under Part IV of Chapter 2 on Categorization and Rationalization of Mutual Fund Schemes; the clarification is effective immediately and must be applied by AMCs and trustees for compliance with scheme allocation limits.

Amendment of Bill of Entry requests to be filed via CRU or official email for AC/DC decision under Section 149
Importers and Customs Brokers must submit amendment requests for out of charge Bills of Entry, specifying the assessing group, at the CRU Section or to the Import Commissionerate's official email. The CRU officer will diarise the documents the same day and forward them electronically to the concerned assessing group AC/DC, which will decide the request in accordance with the amendment provision of the Customs Act.

Excise documentation alternatives permit specified substitute certificates for customs-warehoused liquor, subject to clean bonding records and state conditions.
Amendment allows specified alternative documents instead of a state excise licence for warehoused imported liquor: (i) for supply to State Liquor Corporations, a work/supply order naming buyer-importer and bonded warehouse plus evidence of clean past bonding records; (ii) brand registration certificate in the buyer-importer's name plus clean bonding records; (iii) for Haryana CBWH supply to L-IBF, Haryana Excise registration specifying buyer-importer and CBWH address, brand owner/importer's letter naming authorised distributors and buyer-importer, and clean bonding records; (iv) for Uttarakhand CBWH, Excise License FL-2(O) plus clean bonding records. The notice is effective immediately and is a standing order.

GST refund powers now extend to State Tax Officers for provisional refunds, refund orders, and deduction of unpaid dues.
Delegation of refund powers under the Gujarat Goods and Services Tax Act, 2017 is amended to authorise State Tax Officers to grant provisional export refunds, issue refund orders, and withhold refunds or deduct unpaid dues before payment. These powers are exercisable alongside Deputy Commissioners and Assistant Commissioners under the revised Schedule-A delegation framework.

Customs Post Clearance Audit: updated selection and scheduling rules; committees to determine auditees, themes and standardized reporting.
Amendments require dynamic, risk based selection of IECs for Premises Based Audit with annual auditee lists prepared by DG Audit in consultation with analytics and finalised by a committee; lists must be communicated to Audit Commissionerates before 31 March. Audit Commissionerates shall evenly schedule audits and complete the full audit cycle for each selected entity. Themes for Theme Based Audit will be selected biannually by a committee convened by DG Audit. Revised MIS formats CUS PCA 1 to CUS PCA 4 are prescribed for standardized reporting of detections, recoveries and pendency.

AEO accreditation outreach offers one on one handholding and a facilitation helpdesk for importers, applicants and stakeholders.
AEO outreach and handholding sessions at New Custom House provide one on one assistance for accreditation across AEO T1, T2, T3 and LO categories, referencing CBIC Circulars 33/2016 and 54/2020. A facilitation helpdesk at the AEO Cell will operate until the end of September to address new application queries. A Nodal Officer and a Client Relationship Manager have been appointed to manage stakeholder engagement, and queries may be sent to the AEO email for coordinated support.

Amnesty scheme for export obligation defaults extended; registration and payment windows extended and compliance documentation required.
Amnesty scheme for one-time settlement of defaults in export obligations by Advance and EPCG authorisation holders is extended to permit additional registration and payment time. Applicants must submit to the Export Promotion Schemes Monitoring and Management Cell proof of registration under the amnesty or a DGFT deficiency letter, installation certificate where required, the prescribed declaration, and copies of any SCN or adjudication/appellate orders. EPSMMC will process applications in original authorisation files to avoid duplication and facilitate payment; the declaration confirms absence of fraud investigations, non-payment of duty with interest, and a waiver of any CENVAT credit or refund claim on duties paid under the scheme.

Export credit access: E commerce exporters eligible for pre and post shipment credit and PCFC under existing guidelines.
Pre shipment and post shipment export credit and Packing Credit in Foreign Currency (PCFC) are available to E Commerce exporters under the existing Master Circular Framework; banking and financial institutions are encouraged to extend these facilities to E Commerce exports in accordance with extant guidelines, and exporters or banks encountering difficulties in availing such credit should report issues to the Directorate for remedial attention.

Mode of Payment to Investor Protection and Education Fund now restricted to online portal; exchanges must notify companies.
Payments to the Investor Protection and Education Fund must be made only via the designated online payment link on the regulator's website, accepting net banking, NEFT/RTGS, debit cards and UPI; remitters must provide payer name, PAN, mobile number, email, payment purpose and amount, and stock exchanges must notify listed companies of the change, effective immediately under statutory powers.

Abridged Prospectus format revised: issuers must adopt new disclosures, include QR links to prospectus and substantiate statements.
SEBI mandates a revised abridged prospectus format (Annex I) and investor instruction sheet (Annex II) for public issues of non convertible debt securities and non convertible redeemable preference shares opening on or after October 1, 2023, requiring issuers and intermediaries to host the abridged prospectus online, include QR codes linking to the prospectus, ensure disclosures are accurate and non misleading, substantiate qualitative statements with quantitative factors, and follow specified application eligibility, rejection grounds and basis of allotment procedures.

Information-sharing obligations for credit rating agencies require structured daily reporting of rating revisions to debenture trustees.
Credit rating agencies must use the prescribed structured data template for daily transmission of rating revisions to debenture trustees on the same day as the revision, via the generic regulatory email or other contact means communicated by trustees. This requirement is effective from October 01, 2023, and CRAs must report board-ratified compliance to SEBI within one quarter and include monitoring in the half-yearly internal audit under Regulation 22.

Provisional attachment cessation requires commissioner to notify banks and taxpayer of statutory release and restoration.
Although provisional attachment under section 83(2) ceases automatically after the statutory period, the Board directs Commissioners to issue an intimation to the relevant bank or authority referencing the original attachment order and statutory cessation and indicating release/restoration of the property or account, with a copy to the person concerned; a prescribed release form is being considered and the procedure applies immediately, including to pending cases.

E-commerce export promotion: monthly workshops to build capacity and clarify cross-border logistics, customs and payment compliance.
Implementation of monthly workshops under Para 9.07 of the Foreign Trade Policy 2023 to provide handholding, outreach, capacity building and skill development for e commerce exports. Workshops will cover cross border logistics, postal and customs compliance, and cross border payment mechanisms, held in the first week of each month via video conference (with in person sessions where feasible). Interested participants may register via the published link, and experienced exporters may apply to be guest speakers by contacting the designated email.

Movement of consignments under Section 48: transfer authorized with customs intimation, sealing, and electronic record requirements.
Movement of consignments for the purposes of Section 48 of the Customs Act from FedEx's existing premises at Plot No. C-19 to Unit Nos. 61-63, Cargo Village is permitted provided M/s FedEx gives intimation to the Deputy/Assistant Commissioner, maintains separate (preferably electronic) movement records for Customs inspection, seals closed-body vehicles with one-time tamper-proof seals in the presence of Customs, reports any tampering on arrival, and records receipt and handling details at Cargo Village using the prescribed Annexure formats.

FedEx granted extended customs storage and custodian status at KIA Bengaluru with bond coverage and renewal requirements.
The Principal Commissioner of Customs designates an additional 2,250 sq. ft. at Units 61-63, Cargo Village, KIA Bengaluru as a Customs Area for storage and handling of FedEx consignments, appoints FedEx as custodian of those consignments at the extended premises, confirms existing bond and bank guarantee will cover the extended site, and requires renewal of custodianship one month before expiry while mandating compliance with the Customs Act and departmental instructions.

Medal eligibility and nomination timelines clarified; CBIC screening committee to forward recommendations to MHA for consideration.
CBIC personnel are eligible for the Union Home Minister's Special Operation Medal in the Prevention of Narcotics Smuggling area; a CBIC first-level screening committee is constituted to process nominations in line with MHA notifications and SOP, submit recommendations to Member (Compliance-Management), and forward final nominations with Chairman approval to MHA. Nominations must include all SOP annexures and supporting documents, follow prescribed timelines tied to the operation's conclusion, and may be accepted by dak or email, with the Screening Committee Chairman empowered to condone delays upon justification.

CIRP form filing extended to insolvency professional entities with authorised-IP submission; temporary fee waiver then standard fees apply.
The IBBI has extended the electronic CIRP form submission facility to insolvency professional entities acting as insolvency professionals, enabling IPEs to enroll on the IBBI portal, receive unique credentials, and authorise an individual IP to upload and submit CIRP Forms and records through that authorised IP's individual credentials. A temporary fee waiver applies for filings within the waiver period; thereafter fees will be payable as per Regulation 40B, and the provisions of the prior CIRP circulars apply to these assignments.

Back to Town procedure: RFID e-seal verification enables examination waiver or reduced inspection for eligible exporters, subject to ICES cancellation protocols.
Procedure permits Back To Town movement of export cargo from CPP and CFS at defined stages (pre-registration, post-registration before LEO, and post-LEO) subject to written permission by Assistant/Deputy Commissioners, RFID e-seal verification, prescribed examination levels or waivers for eligible exporters, and cancellation or amendment of LEO and Shipping Bills via the ICES menu. Shut-out and hazardous cargo have tailored processes including endorsement, movement to CPP/CFS, scanning alternatives for hazardous goods, and amendment for partial shut-out cases, with investigative holds precluding BTT.