'C' form issuance for specified non-GST goods requires verification, central approval, annual assessment, and completion of prior-year assessment.
'C' forms for Natural Gas, Motor Spirit, Diesel and Aviation Turbine Fuel require an application to the Special Commissioner with invoice, goods-movement and other required records. Jurisdictional Joint Commissioners must verify reporting of purchases and sales, tax payment and recommend issuance. Following approval, the CCW generates the form, distributes copies, uploads data on TINXSYS, and maintains issue and assessment records. Recipient dealers must undergo annual assessment, and forms for subsequent years are conditional upon completion of the previous year's assessment.

Export sale-proceeds monitoring requires eBRCs or certified bank statements, with extensions for delayed realization under FEMA requirements.
DRISHTI monitoring requires exporters to substantiate realization of shipping-bill proceeds for recovery of ineligible Drawback, RoDTEP and RoSCTL benefits in cases of non-realization or part-realization. Exporters may submit self-certified eBRCs or attested bank-certified consolidated realization statements with the prescribed Annexure-A spreadsheet. Delayed realization requires the applicable RBI or authorised dealer bank extension. The spreadsheet must contain prescribed shipping-bill and realization details, avoid merged cells, and use the required date format.

Automated Out of Charge enables risk-based customs clearance for eligible AEO Tier 2 and Tier 3 Bills of Entry.
Automated Out of Charge is available for eligible Bills of Entry filed by Authorized Economic Operator Tier 2 and Tier 3 clients through web-based goods registration. Eligibility requires completion of assessment and OTP-based authentication for duty deferment, and the Bill of Entry must not be selected for examination, scanning, or a partner government agency-related no-objection certificate. The facility operates on a risk basis, subject to a Customs system HOLD override where intelligence is available.

GST order review committees will examine refund, rectification and reduced-demand orders to safeguard revenue interests through regular reporting.
Committees have been constituted to review or revise refund, rectification, and reduced-demand orders under the Rajasthan GST framework for financial years 2022-23 to 2024-25. They must verify the legality or propriety of such orders to safeguard revenue interests. Two committees comprising tax, audit, enforcement, compliance and accounts officers have been allocated specified tax zones, business audit wings and enforcement wings. They are required to commence work immediately and submit regular findings and reports to the Special Commissioner (GST).

Export obligation timelines revised for specified imported tea, spices and coconut oil, altering compliance periods under HBP.
The amendment adjusts Export Obligation timelines in Para 6.06(c)(ii) and (c)(iii) of HBP, 2023: imported tea utilisation remains six months; export obligations for imports under Chapter 9 of ITC(HS) and coconut oil must be met within six months from Customs clearance of the first consignment; spices imported for value addition to produce oils and oleoresins of pepper, cardamom and chillies must meet export obligations within six months, while other spices for oils and oleoresins retain a 12 month period.

Automated Out of Charge for AEO tier two and three enabled where specified eligibility met, subject to risk-based HOLD override.
Automated Out of Charge will be applied for AEO tier two and three Bills of Entry on web-based goods registration where (a) the entry is not selected for examination, scanning, or PGA NOC, (b) assessment is complete, and (c) Bill of Entry OTP authentication for deferment is complete. Auto-OOC operates on a risk basis with a Customs system option to place a "HOLD" to override automation; DG Systems will issue a detailed advisory and operational difficulties are to be reported to the Commissioner of Customs via the provided email.

Stakeholder consultation procedure established for seeking views on formulation or amendment of Foreign Trade Policy provisions.
Amendment incorporates Para 1.04(k) to prescribe that solicitation of views, suggestions, comments or feedback from importers, exporters and industry experts on formulation, amendment or incorporation of specific Foreign Trade Policy provisions shall follow the mode provided in Para 1.07A and that the Public Notice/Trade Notice seeking such inputs will specify the mode of receipt, as a trade facilitation measure with an option for the Central Government to consult stakeholders.

Automated Out of Charge for AEO T2 and T3 clients streamlines BE clearance where CCR verification is not required.
Automatic Out of Charge will apply to web-based Bills of Entry for AEO T2 and T3 clients not selected for examination, scanning, or PGA NoC, where assessment and OTP authentication for duty deferment are complete; the system will operate on a risk basis and customs officers may override automation by placing an electronic hold.

Mutual Funds Lite framework introduces a relaxed regulatory regime for passive funds, easing compliance and simplifying disclosures.
The Mutual Funds Lite framework creates a lighter regulatory regime for specified passively managed schemes-index funds, ETFs, FoFs and eligible overseas passive funds-limiting phase one eligibility to designated domestic equity and debt indices, gold and silver ETFs and single-underlying overseas funds. It prescribes sponsor eligibility and conduct safeguards (including private equity sponsor criteria, lock-in of initial capital and restrictions on related-party off-market transactions), reallocates governance duties between trustees and AMC boards with certain trustee committee relaxations, and simplifies disclosure, filing and investment scope while maintaining targeted transparency measures such as tracking difference and Debt Index Replication Factor disclosures.

Integrated Filing consolidates governance and financial quarterly disclosures for listed entities, with specified timelines and auditor restrictions.
Integrated Filing consolidates specified governance and financial periodic filings into two quarterly formats-Integrated Filing (Governance) and Integrated Filing (Financial)-with timelines of 30 days for governance and 45 days (60 days for year-end) for financial filings; it prescribes quarterly disclosure items (including certain acquisitions, low-threshold fines and tax litigation updates), requires quantification of ratified related party transactions in financial filings, updates Master Circular formats into Annexure 1, substitutes Annexure 18A with Annexure 5 for timelines, and clarifies Secretarial Auditor disqualifications and prohibited services.

Cybersecurity and Cyber Resilience Framework compliance extended with regulatory forbearance and data localisation provisions held in abeyance.
The circular clarifies CSCRF compliance: regulatory forbearance is granted for non compliance during the forbearance period if entities can demonstrate meaningful implementation steps and will be given an opportunity to show progress before any regulatory action. Compliance dates for KYC registration agencies and depository participants are extended to a later date, and the Data Localisation provisions of the Data Security Standard (PR.DS.S2) are held in abeyance pending further consultations. The clarifications are effective immediately.

Bank Realization Certificate compliance required to avoid drawback recovery and interest following unrealised export proceeds.
Non-realisation of export proceeds identified via the RBI-BRC module has prompted a compliance drive requiring exporters to submit Bank Realization Certificates (BRCs) or repay sanctioned drawback amounts with applicable interest. Affected shipping bills and exporter lists are published online; valid e BRCs submitted to the dedicated BRC Cell will be verified and cases closed expeditiously. Exporters may use ICEGATE and SB EDPMS enquiries for verification and rectification. Failure to comply will trigger system alerts and recovery proceedings for drawback with interest.

Auto renewal of customs broker licences secures lifetime validity unless revoked; EDI records updated to reflect this change.
Auto renewal under CBIC Notification No. 62/2021 confirms lifetime validity of customs broker licences unless revoked under regulatory revocation provisions, and that a licence is deemed invalid if the licensee is inactive for one year. Mumbai has updated EDI records to reflect lifetime validity for licences operating under regulation 7(2) after earlier Public Notice implementation gaps; stakeholders should report any difficulties to the Customs Broker Section.

Transshipment permission to FedEx via Blue Dart granted until 31.12.2025 with Rs60 crore bond and strict customs conditions.
Permission is granted to M/s FedEx to transship imported goods from New Courier Terminal, Delhi to specified Indian air cargo ports through M/s Blue Dart Aviation Ltd until 31.12.2025, subject to a Transshipment Bond of Rs.60,00,00,000/-, Blue Dart's bank guarantee exemption (unless withdrawn), and procedural and security conditions including specific manifesting, segregation reports, transfer to a TP Godown under customs supervision with double locks, customs sealing and X ray screening, filing CTMs/applications, destination acknowledgements within 10 days to recredit the bond, and submission of a customs certificate of safe delivery within 15 days to discharge the bond.

Foreign Contribution TDS refunds: proportionate FC refunds may be returned to FCRA accounts and treated as other income.
When a consolidated income tax refund is received in a non FCRA bank account, the proportionate share attributable to Foreign Contribution must be transferred back to the FCRA bank account; such transfer is permitted and not treated as contravening the Act. For accounting, TDS at deduction may be recorded as utilization of FC and, upon refund receipt in the FCRA account, recognized as other income and reported in the designated disclosure field of the FCRA return.

GST classification clarifications set rates for specified goods, exclude larger agricultural packages, and regularize past interpretational issues.
Solar cookers operating on solar energy and grid electricity, all sprinklers including fire water sprinklers, and parts of poultry-keeping machinery attract GST at 12%. Agricultural farm produce supplied in packages exceeding 25 kilograms or 25 litres is excluded from "pre-packaged and labelled" and does not attract the 5% GST levy. Past-period classification issues are regularized on an "as is where is" basis. Regularization for specified government distribution supplies requires certification and reversal of relevant input tax credit.

GST treatment of railway, insurance, digital-payment and accommodation services clarifies exemptions, subsidy character, retrocession coverage and past-liability regularisation.
GST exemptions and regularisation apply to specified railway services, railway special-purpose-vehicle infrastructure arrangements, statutory collections by the Real Estate Regulatory Authority, qualifying reinsurance and accommodation services. Railway public-facing and inter-zonal services, and specified railway infrastructure and maintenance arrangements, receive exemption with past liability regularised on an "as is where is" basis. Incentives shared in the prescribed digital-payment ecosystem retain the character of subsidy and are not taxable. Reinsurance includes retrocession. Qualifying accommodation services are exempt where prescribed value and continuous-stay conditions are met, with prior liability regularised on the same basis.

Electronic CSD GST refunds require validated supplier invoices, return compliance, input tax credit reversal, and portal-based processing within prescribed timelines.
CSD must file electronic refund claims in FORM GST RFD-10A for fifty per cent of applicable tax paid on eligible inward supplies for subsequent supply to Unit Run Canteens or authorised customers. Eligibility requires registered-supplier tax invoices, supplier reporting in FORM GSTR-1, supplier filing of FORM GSTR-3B, and declarations against duplicate claims. Claims must be filed within two years from the last day of the relevant quarter. Portal validation matches invoices with FORM GSTR-2B, excludes previously refunded invoices, and permits only downward revision of the auto-populated eligible amount. Input tax credit reversal must also be verified.

Additional IGST refund claims after export price increases require electronic filing, evidence, tax payment verification, and compliance checks.
Additional Integrated Tax paid with applicable interest following an upward revision in the price of exported goods may be claimed electronically in FORM GST RFD-01 and processed by the exporter's jurisdictional GST officer. Eligibility requires export and invoice records, evidence supporting the price revision, debit notes or supplementary invoices, proof of tax and interest payment, outward-supply reporting, additional foreign-exchange remittance, and professional certification. The proper officer must verify these requirements and also confirm deposit of any proportionate excess refund arising from a downward post-export price revision.

Corporate guarantee valuation governs related-party GST based on guarantee amount, term, consideration, and input-tax-credit availability.
Corporate guarantees between related persons were taxable before Rule 28(2), which governs valuation rather than taxability. The service is valued on the guaranteed amount, not actual loan disbursal. Its value is one per cent per annum of the guarantee amount or actual consideration, whichever is higher, with proportionate valuation for shorter terms and separate valuation upon renewal. Domestic guarantees follow forward charge, while guarantees by overseas related entities to Indian recipients follow reverse charge. Full input tax credit permits invoice value to be deemed the value of supply, and Rule 28(2) does not apply to exports.