Digitization of customs bonded warehouse procedures enables online licensing, bond-validated transfers and electronic monthly return uploads.
An ICEGATE Warehouse Module digitizes online filing and backend processing of warehouse license applications, captures officer queries and responses, generates warehouse codes, and routes applications via the port-linked ICES role. It implements workflows for three transfer scenarios-ownership change, warehouse change, and combined change-validating item-by-item into-bond entries, handling Triple Duty and transhipment bonds through ICES with electronic debit/credit, and enabling scanned upload of monthly returns while retaining the physical transfer Form until integration.

Refund jurisdiction delegation assigns claims by monetary threshold and zone, with ineligible input tax credit recovery referred to jurisdictional officers.
Refund functions under section 54 of the Delhi Goods and Services Tax Act, 2017 are assigned to specified proper officers according to pecuniary and territorial jurisdiction. Assistant Commissioners and GSTOs decide claims up to the prescribed lower threshold, while senior proper officers decide claims exceeding it. Online higher-value applications must be placed before the competent senior officer. If refund rejection entails recovery of ineligible input tax credit, the matter must be referred to the jurisdictional proper officer or ward officer.

Extension of filing deadline for voluntary liquidation monitoring forms under section 196(1) IBC to address technical issues.
Extension of time granted for filing forms to monitor voluntary liquidation processes following representations from liquidators and agencies about technical difficulties; the Board has extended the last date for submission to accommodate electronic and submission issues and issues the extension under its statutory power under section 196(1) of the Insolvency and Bankruptcy Code, 2016.

Extension of filing deadline for liquidation monitoring forms granted, allowing liquidators more time to comply.
The Board extended the deadline for submission of liquidation-monitoring forms to 30.11.2024 after representations from liquidators and Insolvency Professional Agencies citing technical difficulties; the extension is issued under the Board's powers under section 196(1) of the Insolvency and Bankruptcy Code, 2016 and is directed to all registered Insolvency Professionals, Recognised Insolvency Professional Entities and Registered Insolvency Professional Agencies.

Specific due diligence by AIFs required to prevent regulatory circumvention, triggering compliance, reporting and investor exclusion measures.
SEBI prescribes specific due diligence by AIFs, their managers and Key Management Personnel to prevent circumvention of QIB/QB benefits, RBI prudential norms on stressed assets, and NDI Rules on border-country investments. Triggers include schemes where same group investors contribute fifty percent or more of corpus (for QIB/QB and border-country scrutiny) and specified twenty five percent/control-based tests for RBI regulated investors; due diligence must follow implementation standards formulated by the Standard Setting Forum for AIFs. Non compliant proposed or existing investments must either exclude relevant investors or be withheld, and must be reported to custodians who compile and furnish information to SEBI.

Digitization of customs bonded warehouse processes enables online licensing, transfers, bond validation and monthly return uploads via ICEGATE.
Digitization implements an ICEGATE Warehouse Module for online Warehouse Licensing, electronic processing of three types of Bond to Bond Movement (change of ownership, change of warehouse, or both) with validation of IEC, Transhipment and Triple Duty Bond details and officer approvals, and uploading of scanned Monthly Returns, while retaining the physical transfer Form until integration and reaffirming port-based security submission requirements.

Exhibition samples import exempt from import authorization when regulated by HBP conditions, subject to bond or ATA Carnet.
Import and re import of Exhibits and Samples for demonstration, display, exhibition or fairs are regulated under Para 2.60 of the Handbook of Procedures, 2023 and permitted without import authorization or registration under Import Monitoring Systems, subject to the conditions of Para 2.60, including submission of a bond/security to Customs or presentation of an ATA Carnet and other applicable compliance requirements.

Social Enterprises on Social Stock Exchange: SEBI extends deadlines for annual disclosures and impact reports to January 31, 2025.
SEBI partially modified its May 27, 2024 circular to extend the outer timelines under the LODR Regulations for Social Enterprises' annual disclosures and annual impact report for 2023-24, setting the revised deadline for both submissions at January 31, 2025.

Export proceeds monitoring: new DRISHTI software to track realization and enable recovery of ineligible export benefits.
DRISHTI, an in house Export Sale Proceeds Monitoring software, will be used by the Drawback Recovery Cell at JNCH to monitor realization of export sale proceeds and to generate consultative letters/SCNs for recovery of ineligible Drawback, RoDTEP and RoSCTL. The module applies to shipping bills with LEO on or after 01.04.2014; exporters must submit proof (e BRCs or other documents) where records show non or part realisation. A list of IECs with pending shipping bills (LEO 01.04.2014-31.03.2023) is attached and trade may contact the Drawback Recovery Cell as instructed.

Transshipment procedure between Gangavaram and Visakhapatnam ports establishes ICES filing, TP approval, arrival endorsement and EGM-linked refunds.
Implementation of ICES modules prescribes electronic procedures for import and export transshipment between Gangavaram gateway and Visakhapatnam CFSs: gateway IGM must declare transshipment and destination CFS code; carriers file TP requests after vessel entry inward for ITP verification and issuance of TP numbers; custodians must endorse Container Arrival Reports on receipt; Bill of Entry for sea-to-sea transshipment must reference gateway IGM details. For export, shipping bills and ETP lead to an "Allowed for shipment" entry at the gateway, enabling EGM filing and automatic bond recrediting; ETP serves as EGM for Drawback while IGST refund follows gateway EGM closure.

Furnishing of Audit Reports: deadline extended to allow trusts and institutions to correct Form 10B/10BB filings and comply.
CBDT, under section 119, permits trusts, institutions and funds that filed audit reports in the incorrect form (Form 10B/10BB interchangeably) for assessment year 2023 24 to furnish the correct audit report in the applicable Form No. 10B or 10BB by 10 November 2024, extending the earlier deadline set by Circular No. 02/2024 to relieve genuine hardship and enable compliance.

Durable containers/Unit Load Devices: Public Notice number corrected to 12/2024 for import, re-export and transhipment procedures.
The corrigendum corrects the cited Public Notice number for procedures on import, re-export and transhipment of durable containers and Unit Load Devices, specifying that the correct Public Notice number is 12/2024.

Global authorization for intra-company transfer expanded to cover additional SCOMET items and related software and technology.
The Appendix 10M amendment expands the scope of Global Authorization for Intra-Company Transfer (GAICT) under Paragraph 10.15 of the Handbook of Procedures 2023 to include additional SCOMET items, software and technology. The annexed list enumerates newly covered categories and descriptions-spanning materials, sensors, processing equipment, counter-IED systems, submersible platforms, propulsion components, and related software and technology-allowing intra-company export/re-export of those items only to countries listed in Table 1 of Paragraph 10.15, effective immediately.

RCMC requirement clarified: not necessary for post-export remission schemes, enabling exporters to claim RoSCTL and RoDTEP.
Para 2.57 mandates a Registration Cum Membership Certificate (RCMC) for exporters seeking authorisations or FTP benefits tied to import/export authorisations, except restricted items. However, post export remission schemes such as Duty Drawback, RoSCTL and RoDTEP are exempt from the RCMC requirement; exporters may claim remission benefits under these schemes without obtaining an RCMC.

Regularization of IGST refund: payment of IGST and compensation cess with interest and reassessment permits refund relief.
Where inputs were initially imported under concessional customs notifications without payment of IGST and Compensation Cess, subsequent payment of IGST and Compensation Cess along with interest together with reassessment of the Bill of Entry by the jurisdictional Customs authority will mean that refund of IGST claimed on exports is not to be treated as contravening the bar in sub rule (10) of rule 96 of the WBGST Rules, in light of the retrospective Explanation clarifying that benefits are not deemed availed where IGST and Compensation Cess have been paid.

Place of supply: data hosting to overseas cloud providers is at the recipient, enabling export treatment.
Data hosting supplied by an Indian data centre operator to overseas cloud computing providers is not an intermediary service, not a service in relation to goods made available by the recipient, and not a supply directly related to immovable property. The bundled, operational nature of data hosting-ownership and independent operation of premises, hardware, software, power, connectivity and security-means the place of supply defaults to the recipient's location; where the recipient is outside India the supply may be treated as export of services subject to export eligibility conditions.

Input tax credit on demo vehicles allowed when used to promote further supply; blocked for staff transport or agency cases.
Demo vehicles used by authorised dealers to provide trial runs and demonstrate features promote sale of similar motor vehicles and therefore constitute use for "further supply of such motor vehicles," so ITC on those demo vehicles is not blocked under clause (a) of section 17(5). If such vehicles are used for staff transport or where the dealer acts only as a marketing agent and does not supply the vehicle on his own account, ITC remains blocked. Capitalisation does not bar ITC, but claiming depreciation on the tax component disallows ITC on that component and disposal of capitalised demo vehicles attracts output tax adjustments.

Place of supply of advertising services: principal-to-principal deals treat recipient abroad, enabling export classification under default rule.
Where an Indian advertising company contracts comprehensively with a foreign client and separately with media owners, it supplies services on its own account on a principal-to-principal basis and is not an intermediary; the recipient is the foreign client and the place of supply defaults to the recipient's location outside India, qualifying as export of services subject to export conditions. Conversely, where the agency merely facilitates a direct contract between foreign client and media owner and invoices only for facilitation, it is an intermediary and place of supply rules for intermediaries apply.

Special Economic Zone approvals: extensions, item permissions, land de notification and procedural compliance ordered for operational oversight.
The Board regularised and extended validity of Letters of Approval for SEZ units, directed DCs to investigate state level delays affecting LoAs, approved specified restricted refrigerants for IT/ITES SEZ operations and authorised export of certain sandalwood products subject to export only conditions and Customs checks, recommended partial de notification of SEZ land, deferred a revival and transfer proposal pending verification of dues and court approved revival alignment, permitted conversion of processing built up area to non processing under Rule 11B, and accepted surrender of a Formal Approval subject to No Objection.

GSTN portal mapping and de-mapping controls tightened to ensure immediate removal of relieved officers and accountability in supervision.
Systemic improvement is directed for mapping and de-mapping of officers on the GSTN portal to prevent continued portal access after an officer has been relieved from charge. The instruction requires immediate de-mapping on execution of the GFR-33, supervisory monitoring by senior officers, submission of compliance reports within the prescribed time, and clear responsibility and accountability of the officers concerned with mapping and un-mapping on the GSTN portal.