Input tax credit retrospectively restored; taxpayers may seek rectification of tax orders to reclaim eligible credit rights.
Retrospective insertion of sub-section (5) and sub-section (6) in section 16 restores taxpayers' entitlement to input tax credit for specified past financial years and for periods where registration was cancelled and later revoked, subject to the temporal conditions of those provisions. A related amendment disallows refunds of tax paid or input tax credit reversed that would not have been so paid or reversed had the amendment always been in force. A special rectification procedure under section 148 has been notified for affected taxpayers; electronic filing steps, required annexure details, officer responsibilities, timelines, and appellate rights on rectified orders are prescribed.

Customs clearance facilitation for temporary importation at special events: exemptions and procedural requirements for exhibition goods.
Customs clearance facilitation at Air Force Station, Yelahanka for Aero India 2025 requires manual filing of arrival and departure manifests and related forms, with exhibition goods and foreign aircraft eligible for duty exemption under ATA Carnet or Notification No. 8/2016 subject to prescribed bonds and conditions; bill of entry, bond presentation, open examination, value appraisal, and approved manual out-of-charge are mandatory, while transhipment, re-export documentation, and ATF fuel monitoring follow specified procedures and verification by the proper officer.

Addition of authorized laboratory for diamond certification expands approved list and permits its grading reports for export compliance.
A public notice under powers of the Foreign Trade Policy amends Para 4.73 of the Handbook of Procedures, 2023 by adding GIA Laboratory, DMCC, Dubai, UAE as an authorized laboratory; the laboratory is authorized to carry out certification and grading of diamonds of the specified minimum size and above under the HBoP 2023.

Voluntary disclosure of SCOMET export violations can mitigate administrative penalties when promptly reported and documented.
DGFT notifies an SOP for Voluntary Disclosure of non compliance with SCOMET export controls, requiring prompt internal confirmation, submission of a disclosure proforma and supporting documents to the SCOMET Division, and cooperation with verification. The Inter Ministerial Working Group will consider voluntary disclosure as a potential mitigating factor-excluding certain high risk categories-and will assess intent, authorization likelihood, cooperation, prior violations, senior management knowledge, and remedial compliance measures when recommending no action, show cause, adjudication, or regularisation under applicable law.

Voucher transactions not treated as supply; distribution margins and agency commissions have distinct GST consequences.
Transactions in vouchers do not constitute a supply of goods or services: RBI recognised pre paid instruments are treated as money and excluded from goods/services, and non PPI vouchers are actionable claims under Schedule III and likewise not supplies; redemption of underlying goods/services remains taxable. Principal to principal trading of vouchers is not leviable to GST, whereas agents earning commission are taxable on the commission as a supply of services. Ancillary services to voucher issuers are taxable; unredeemed vouchers (breakage) are not taxable.

Place of supply rules require online service suppliers to record recipient State, fixing place of supply as recipient location.
Where online or digital services are supplied to unregistered recipients, suppliers must record the name of the State of the recipient on the tax invoice; that recorded State shall be deemed the address on record for the recipient and the place of supply shall be the recipient's location. This rule applies irrespective of value to OIDAR services, online money gaming and all services supplied over electronic networks, whether supplied via the supplier's own platform or through an electronic commerce operator; suppliers must collect State details and report the place of supply in FORM GSTR-1/1A.

Receipt of goods under EXW contracts: ITC available when supplier hands goods to transporter at factory gate.
Clause (b) of sub section (2) of section 16 deems a recipient to have "received" goods when the supplier delivers them to the recipient or any other person on the recipient's direction, including by handing them to a transporter. Under EXW contracts the property may pass at the supplier's factory gate when goods are handed to the transporter, allowing the recipient to claim ITC at that point, subject to other eligibility conditions and the requirement that the goods are used or intended to be used in the course or furtherance of business.

Assessment of CTH 320611 imports: accept prior test reports under conditions or provisionally assess against a test bond.
For imports under CTH 320611, a Previous Test Report (PTR) under six months for the same commodity, supplier and importer may be relied upon for final assessment provided the PTR is uploaded on E-sanchit and its reliance is declared in the Bill of Entry; absent a valid PTR, the Bill of Entry shall be provisionally assessed against a Test Bond.

Approved valuation and assaying framework regulates customs assessment, export certification, annual reporting, fees, accountability and cancellation for misconduct.
Approved valuers/assayers may assay and value precious metals, jewellery, stones and valuable articles for baggage, export certification, postal and courier, detention, seizure and confiscation purposes. Appointment is based on prescribed educational, professional and work-experience criteria, operates for a fixed term with annual review, and is non-transferable. Appointees must maintain availability, arrange extraction facilities where required, submit annual performance reports, issue certificates and provide evidence when called upon. Their fees are regulated, their certificates are advisory, and inaccurate assessments, incorrect certification, complaints or misconduct may lead to suspension, cancellation and customs-law penalties.

Grounds of arrest must be provided in writing to the arrested person enabling defence and bail consideration.
The grounds of arrest must be explained to the arrested person and furnished to him in writing as an Annexure to the Arrest Memo, and acknowledgement of the same should be taken from the arrested person at the time of service of the Arrest Memo.

Input tax credit restriction: ECOs liable under section 9(5) must not use ITC to pay tax, must pay in cash.
ECOs liable to pay tax on specified services under section 9(5) are not required to reverse input tax credit on inputs and input services proportionately; nonetheless the entire tax liability for such supplies must be discharged only through the electronic cash ledger and ITC attributable to inputs and input services used to facilitate those supplies cannot be utilised to pay that tax, although such credit may be used to discharge tax on supplies made by the ECO on its own account.

Interest waiver: procedure for recovery proceedings-eligibility, exclusions, required documentation, and decision within specified timeline post-demand.
Applications for waiver or reduction of interest in recovery proceedings must be filed to the Recovery Officer with proof meeting the three Section 220(2A) conditions (hardship, circumstances beyond control, cooperation). Relief applies only for periods after service of the demand notice and only where the principal amount is fully paid. The Board has delegated decision-making to a Panel of Executive Directors for smaller interest amounts and to a Panel of Whole-time Members otherwise; specified exclusions apply and incomplete or ineligible applications are to be returned. Applicants must be heard and the Competent Authority must decide within twelve months of receipt of a complete application.

Nomination facilities in securities accounts are streamlined with stricter verification, simplified transmission, and clearer nominee rights.
Nomination facilities for demat accounts and mutual fund folios are revised to standardise transmission rules, strengthen identity verification, and reduce unclaimed assets in the securities market. The framework reiterates survivorship, simultaneous death, HUF transmission, nominee status as trustee for legal heirs, pro rata distribution among surviving nominees, and creditor discharge before transmission. It also prescribes online and physical nomination safeguards, mandatory nominee identifiers, optional nominee KYC during the investor's lifetime, and a limited-document transmission process that excludes affidavits, indemnities, undertakings, attestation, or notarisation.

Mandatory sea cargo manifest filing in SCMTR formats standardizes arrival, departure and local manifests nationwide, requiring traders to conform.
Mandatory filing of arrival, departure and local manifests is required in the specified electronic formats under the Sea Cargo Manifest and Transshipment Regulations (SCMTR), with all sea ports and ICDs nationwide moving to SCMTR compliant message formats. The notice requires stakeholders to adopt SCMTR formats for SAM, SDM, local ICD manifests and related amendment and transshipment messages, urges consultation of Message Implementation Guidelines and advisories on ICEGATE, recommends test filings, and identifies a contact point for implementation difficulties.

Mandatory use of eBKray platform required for liquidation auctions, with exclusive listing of unsold assets and deadline compliance.
Mandates insolvency professionals to use the eBKray auction platform exclusively for conducting liquidation auctions and to complete listing of all unsold assets in ongoing liquidation cases by the specified deadline, as an operational escalation of earlier directions to streamline liquidation and improve transparency, issued under the powers conferred by the insolvency law.

Extension of filing deadline for liquidation monitoring forms grants more time but requires accurate, supported submissions.
The Board extends the final filing date for liquidation and voluntary liquidation monitoring forms in response to representations about technical difficulties and provides FAQs and a support email for assistance. Insolvency professionals must ensure submitted information is accurate, truthful and consistent with supporting documents; errors like entering zero values are prohibited. The circular is issued under section 196(1) of the Insolvency and Bankruptcy Code, 2016.

Voucher transactions not treated as supply; trading exempt while agent commissions and ancillary services remain taxable.
Transactions in vouchers are not a supply of goods or services: RBI recognised pre paid instruments qualify as money and are excluded; non RBI vouchers are actionable claims (not specified actionable claims) and fall under Schedule III, hence not supplies. Under principal to principal distribution, trading in vouchers is not leviable to GST; under agency/commission models, agents' commission is taxable as supply of services. Ancillary services provided to voucher issuers are taxable, while unredeemed vouchers (breakage) do not constitute consideration for any supply and are not taxable.

Place of supply rules: online service suppliers must record recipient state, making recipient location the place of supply.
Suppliers of online or digital services to unregistered recipients must record the name of the State of the recipient on the tax invoice irrespective of value; that State name is deemed the address on record for determining place of supply under section 12(2)(b) of the IGST Act, making the place of supply the recipient's location. This applies to supplies by suppliers using their own digital platform, supplies by or through electronic commerce operators, OIDAR services and online money gaming. Suppliers must collect such State details before supply, report the recipient location in FORM GSTR-1/1A, and non-compliance may attract penalties under section 122(3)(e) of the WBGST Act.

Deemed receipt of goods under GST permits claiming input tax credit when supplier hands goods to transporter on recipient's direction.
The circular explains that under clause (b) of sub section (2) of section 16, goods delivered by the supplier to a transporter at the supplier's premises on the direction of the recipient are deemed to have been received; accordingly, for EXW contracts where property passes at the supplier's factory gate, the recipient may claim input tax credit upon such handing over, subject to other conditions in sections 16 and 17 and exclusion where goods are diverted or disposed for non business purposes.

Input tax credit: ECOs must pay notified platform service tax from cash ledger and cannot use ITC for that liability.
ECOs liable to pay tax as supplier for notified platform services are not required to reverse ITC proportionately for such supplies; the principle applicable to restaurant services extends to other specified services. Full tax liability on those supplies must be paid only through the electronic cash ledger, and ITC relating to inputs and input services used to facilitate those supplies cannot be utilised to discharge that special levy, though such ITC can be used for the ECO's own supply tax liabilities.