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    Formats under the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016
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    Insolvency resolution process formats standardised for claims, public announcements, resolution plans, and compliance under corporate insolvency rules.
    Formats under the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 are specified by circular for use in corporate insolvency resolution process matters. The circular prescribes notified formats for public announcement, written consent to act as resolution professional or authorised representative, list of assets and records, proof-of-claim forms for different classes of creditors, withdrawal of CIRP, invitation for expression of interest, two-stage approval of resolution plan, and the compliance certificate.
    Formats under the Insolvency and Bankruptcy Board of India (Bankruptcy Process for Personal Guarantors to Corporate Debtors) Regulations, 2019
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    Bankruptcy process forms for personal guarantors: prescribed consent and proxy formats govern trustee appointment and creditor voting.
    Formats are specified for use under the Insolvency and Bankruptcy Board of India (Bankruptcy Process for Personal Guarantors to Corporate Debtors) Regulations, 2019, as amended. The circular identifies the annexed formats for the relevant regulatory requirements. Form A is the written consent to act as bankruptcy trustee under regulation 3(3), and Form B is the proxy appointment form under regulation 26(2) for a creditor to appoint a proxy to attend and vote at a committee meeting.
    Amendments in Para 2.88 of Handbook of Procedures
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    Certificate of Origin procedures updated for India-Oman CEPA, enabling exporter access through authorised agencies.
    Para 2.88(a) of the Handbook of Procedures 2023 is amended by inserting the India-Oman Comprehensive Economic Partnership Agreement in the list of free trade agreements. The amendment facilitates exporters to obtain the Certificate of Origin under the India-Oman CEPA through the system of issuance of certificates of origin by authorised agencies.
    Amendment of Appendix 2B [List of Agencies Authorised to issue Certificate of Origin (Preferential)] of Foreign Trade Policy, 2023
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    Preferential certificates of origin framework expanded for India-Oman CEPA through updated authorised issuing agencies.
    Amendment of Appendix 2B of the Foreign Trade Policy, 2023 expands the list of agencies authorised to issue Preferential Certificates of Origin for the India-Oman Comprehensive Economic Partnership Agreement. The amended appendix includes the Directorate General of Foreign Trade and its regional offices, Export Inspection Council and Export Inspection Agencies, APEDA, Marine Products Export Development Authority, Central Silk Board, Coir Board, Development Commissioner (Handicrafts), Spices Board, Textile Committee, Tobacco Board, and specified Special Economic Zones. The public notice states that these agencies are permitted to issue preferential Certificates of Origin under the India-Oman CEPA.
    Renewal of Custodianship and CCSP Approval of Central Warehousing Corporation, Impex Park CFS, w.e.f. 01.04.2026
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    Custodianship and customs cargo service provider approval renewed for Central Warehousing Corporation Impex Park CFS.
    Custodianship and Customs Cargo Service Provider approval for Central Warehousing Corporation, Impex Park CFS are renewed for five years from 01.04.2026. The custodian appointment covers imported goods until clearance, warehousing, or transhipment, and export cargo until export through Jawaharlal Nehru Port. The approval is subject to compliance with the Customs Act, 1962, the Handling of Cargo in Customs Area Regulations, 2009, and related instruments, and remains liable to review for non-compliance.
    Introduction of system based e-Scheduling for examination of cargo and sensitization regarding Examination Application
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    Cargo examination e-scheduling streamlines import processing with transparent slot allocation, notifications and online rescheduling through ICEGATE.
    System-based e-scheduling of cargo examination through ICEGATE 2.0 allows importers, IEC holders and authorised Customs Brokers to electronically schedule, view and reschedule examination of registered imported goods, with automated notifications and audit trails. The facility allocates examination slots by system availability, enables custodians to plan cargo placement in advance, and requires system managers to assign examiners to custodian codes so that scheduling can function for cargo under those custodians. Assistant/Deputy Commissioners may modify, reschedule or remove requests, while assigned examiners may mark examinations complete or incomplete and record examination time.
    Instructions regarding intimation of Show Cause Notices and Demand orders issued by the Proper Officers under Sections 73, 74, 74A or 122 of the Haryana Goods and Services Tax Act, 2017 by post.
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    GST notice intimation by post added to portal service, with dispatch tracking and supervisory compliance requirements.
    Intimation of Show Cause Notices in FORM GST DRC-01 and Demand Orders in FORM GST DRC-07 issued under the Haryana GST framework is to be additionally sent by registered post or speed post with acknowledgement due for intimation only, after service through the GST common portal. The taxpayer is deemed to have received the notice or order on portal availability under section 169. The proper officer must issue the postal intimation within fifteen days, maintain a dispatch register, and the Deputy Commissioner must supervise and countersign the register monthly.
    Fixation of Six New Standard Input Output Norms (SIONs) at SION No. A-3702, A-3703, A-3704, A-3705, A-3706 & A-3707 under "Chemical and Allied Product" (Product Code-'A')
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    Standard Input Output Norms fixed for chemical and allied products to streamline Advance Authorisation processing and uniformity.
    Six new Standard Input Output Norms (SIONs) are fixed for Chemical and Allied Product Group 'A' products, covering Artemether PH.I/USP, Artesunate PH.I, Dihydro Artemisinin, and Doxycycline Hyclate DR Tablets in 100 mg, 150 mg and 200 mg strengths. The norms specify the export quantities and permissible import inputs, and are issued to enable Regional Authorities to issue Advance Authorisations directly, without case-by-case referral to the Norms Committee, thereby streamlining processing and promoting uniformity.
    Electronic filing and Issuance of Preferential Certificate of Origin (CoO) under India- Oman Comprehensive Economic Partnership Agreement (India-Oman CEPA) with effect from June 01, 2026
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    Preferential Certificates of Origin under India-Oman CEPA move to Trade Connect with authorised agency issuance and digital verification.
    Electronic filing and issuance of preferential Certificates of Origin for exports to Oman under India-Oman CEPA will be rolled out on the Trade Connect ePlatform through authorised agency issuance. Applicants are to select "India Oman CEPA (Agency Issued)," use notified authorised agencies, and obtain an electronic copy with QR code, digital signature, issuing officer's signature image, and agency stamp after approval. Existing DGFT credentials may be used, user profiles should match DSC names, IEC details should be updated, and CoO genuineness may be verified on the Trade Connect verification facility.
    Ease of doing investments - Modified Norms for Nomination in Demat Accounts and Mutual Fund Folios
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    Nomination norms in demat accounts and mutual funds now require mandatory single-account nomination, revised opt-out, and simpler online validation.
    Modified norms for nomination in demat accounts and mutual fund folios require regulated entities to facilitate a revised nomination framework, with mandatory nomination for all single accounts or folios opened on or after the effective date unless an opt-out declaration is filed, optional nomination for jointly held accounts or folios, and consent of all joint holders for any nominee change. Investors may nominate up to three persons, submit nomination online or offline through prescribed validation methods, opt out through the specified declaration or online option, and provide, change or cancel nominations any number of times, with equal apportionment where nominee shares are not specified.
    Consolidated Guidelines for Part Delivery and Amendment in Cases of Non-Arrival/Short Landing of Container(s).
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    Part delivery of import consignments follows a consolidated customs procedure with ICES recording, examination, and final Out of Charge.
    Consolidated customs procedure governs part delivery of import consignments where container(s) have landed at the port terminal and only part of the consignment has reached the CFS. Importers must apply to the Dy./Assistant Commissioner (Docks) with documentary evidence, container-wise packing list and proof of duty payment, after which permission may be granted on merits and the approved application uploaded on e-Sanchit in ICES. Examination, record maintenance, endorsements in ICES, and final Out of Charge are prescribed for successive part clearances.
    Revised SIONs for the Chemical and Allied Products
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    Standard Input Output Norms revised for chemical and allied products, updating export input ratios and product specifications immediately.
    Revised Standard Input Output Norms are issued for specified chemical and allied products under Export Product Group 'A'. The amendment updates SION entries for caustic soda, gelatine, ossein and chlorinated paraffin, including detailed input-output ratios for different chlorine-content variants. The revised norms are set out in the annexure and take effect immediately.
    Conversion of DPD-CFS status containers to DPD- DPD status containers and availability of transport support by JNPA
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    Direct port delivery conversion facility extended for eligible containers to ease evacuation from terminals.
    Conversion of DPD-CFS status containers to DPD-DPD status containers is available for importers or their agents seeking direct lifting of cargo from the import yard because of temporary evacuation difficulties at terminals. The request must be emailed to the DPD-RMS Cell and is limited to fully facilitated Bills of Entry, where any scanned container is not found suspicious. Requests are to be processed on top priority the same day, with approval updated on the JNCH website.
    Functioning of Goods and Services Tax Appellate Tribunal, Bengaluru Bench
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    Goods and Services Tax Appellate Tribunal functioning in Bengaluru begins jurisdiction over Karnataka appeals under prescribed procedure rules.
    The Goods and Services Tax Appellate Tribunal, Bengaluru Bench has commenced functioning from the temporary premises of NACIN, Bengaluru and will exercise jurisdiction over Karnataka, including all districts covered by the relevant notification. Appeals under the Central Goods and Services Tax Act, 2017 and the Karnataka Goods and Services Tax Act arising from that jurisdiction are to be filed before the Bengaluru Bench in accordance with the Goods and Services Tax Appellate Tribunal (Procedure) Rules, 2025 and other applicable directions.
    Functioning of Goods & Services Tax Appellate Tribunal (GSTAT), Andhra Pradesh State Benches located at Vijayawada and Visakhapatnam
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    Goods and Services Tax Appellate Tribunal functioning begins for Andhra Pradesh benches with district-wise jurisdiction and e-filing rules.
    Goods and Services Tax Appellate Tribunal Andhra Pradesh State Benches at Vijayawada and Visakhapatnam commenced functioning from the temporary office at Vijayawada, with permanent addresses to be notified later. The Vijayawada Bench is stated to consist of the Vice-President and a temporarily assigned Technical Member, and appeals may be heard in virtual, hybrid or physical mode. District-wise jurisdiction is allocated between the Vijayawada and Visakhapatnam Benches, and filings must follow the Goods and Services Tax Appellate Tribunal (Procedure) Rules, 2025 and related legal directions.
    Advisory on proper handling of Cargo during examination
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    Cargo handling during customs examination must be careful, supervised, and supported by adequate custodian facilities and advance cargo disclosure.
    Customs stakeholders were advised to ensure careful handling of cargo during examination, including de-stuffing, opening of packages, re-packing and stuffing back into containers. The custodian must provide adequate infrastructure, equipment and manpower, and the examination process should occur in the presence of the custodian's representative and an importer's representative.
    Trade facilitation measure - Declaration of a temporarily expanded land parcel admeasuring 9.22 acres at Centralized Parking Plaza (CPP) as a Customs Area under Section 8(a) of the Customs Act, 1962 for storage of Direct Port Delivery (DPD) import goods
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    Customs Area declaration enables temporary DPD cargo storage at a segregated parking plaza under strict handling conditions.
    A temporarily expanded 9.22-acre land parcel at the Centralized Parking Plaza, JNPA, is declared as a Customs Area for storage of Direct Port Delivery import goods under Section 8(a) of the Customs Act, 1962. The area is to be managed by the authorised operator under the Handling of Cargo in Customs Area Regulations, 2009, with mandatory physical segregation, prohibition on hazardous cargo, and responsibility on the custodian and operator for safe storage and transit of DPD goods.
    Waiver of penalty for late filing of Bills of Entry due to the Error 999 in AIFTA Notification No. 046/2011 and SAPTA Notification No. 050/2018
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    Late fee waiver for Bills of Entry filed late after ICEGATE Error 999 disrupted trade facilitation under customs procedures.
    Late filing of Bills of Entry under AIFTA and SAPTA notifications was linked to Error 999 in the ICEGATE system on 13.05.2026 and 14.05.2026. As a trade facilitation measure, the late fee or penalty for delayed filing caused by that error, for consignments landed or arrived during that period, was waived. Trade members facing difficulty were asked to notify the Department.
    Guidelines for Strengthening GST Registration Verification and Prevention of Non-Genuine Taxpayers (NGTPs) under the UPGST Act, 2017
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    GST registration verification tightened with mandatory physical checks, risk-based scrutiny, and measures against non-genuine taxpayers.
    Strengthening GST registration verification under the UPGST Act, 2017 is directed by requiring enhanced scrutiny of registration applications, mandatory cross-verification of identity, address, PAN, mobile number, email, third-party data and risk-score inputs, and strict jurisdictional transfer of applications where necessary. Assistant Commissioners must examine documents carefully and process applications within the prescribed time limits while treating repeated identifiers, cancelled registrations, PDS/DBT status and other red flags with heightened caution. All new GST registrations are to undergo mandatory physical verification through the UPGST Field Visit App or GSTN Tax Officer App immediately after registration, with selfie-based geo-tagged verification, interview of the registrant, comparison of uploaded documents with originals, and prompt action on adverse reports. Newly registered firms must also be monitored through scrutiny of early returns, e-way bill consistency, bank account validation, risk scoring, six-month re-verification, witness statements, stock and business activity checks, chain analysis of beneficiaries, and mandatory feeding of NGTP data on the NGTP portal. The circular also requires structured training in cybersecurity, cyber audit, forensic examination, GSTN AI and analytics tools, and identification of NGTP indicators, with APAR consequences for non-participation or non-use of analytics tools. Timely verification failures may attract disciplinary action, while Joint Commissioners (Executive), Zonal Additional Commissioners and Deputy Commissioners are assigned monthly reporting, monitoring and review responsibilities.
    Clarification regarding threshold limit of consignment value for generation of e-way bill in respect of intra-State movement of goods
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    E-way bill threshold for intra-State goods movement clarified, while job-work transfers remain exempt within the State.
    Threshold limit for generation of an e-way bill in respect of intra-State movement of goods in West Bengal is clarified at consignment value exceeding rupees fifty thousand, with effect from 01.06.2026. For intra-State movement other than job work, an e-way bill is required only where the consignment value is more than Rs. 50,000. Movement of goods in relation to job work, including dispatch to a job-worker, transfer between job-workers, and return to the principal after job work, continues to remain exempt within the State.

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      Delegation of powers related with Claim/Bills/Leave etc.

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      Delegation of financial and leave powers streamlines bill sanction, approvals, and controlled authority within Customs administration.
      Delegation of financial, administrative, bill-sanctioning, and leave-sanctioning powers is assigned within Customs Commissionerate, Ahmedabad to specified ... Summary

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      ActsIncome Tax