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    Institutional Transition of Implementing Agency from the Reserve Bank of India (RBI) to the Export-Import Bank of India (EXIM Bank) for the Interest Subvention Support for Pre- and Post-Shipment Export Credit under Export Promotion Mission (EPM) – Niryat Prothsahan
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    Interest subvention administration shifts to EXIM Bank, while RBI continues processing supplementary export-credit claims for the transitional quarter.
    Interest Subvention Support under the Export Promotion Mission-Niryat Protsahan is transitioned from RBI to EXIM Bank as implementing agency from 1 April 2026. EXIM Bank will manage operationalisation, portal workflows, verification and claim settlement. Lending institutions must pass subvention benefits upfront to eligible MSME exporters and submit externally audited reimbursement claims to EXIM Bank. EXIM Bank will verify IEC-specific annual ceilings, process monthly reimbursements and submit consolidated fund claims. Supplementary or additional claims for the January-March 2026 quarter will continue to be processed by RBI.
    Implementation of MeitY Notification S.O. 4182(E) regarding extension of implementation timeline for compliance of IS 18112:2022 for Television Sets under the Electronics and Information Technology Goods (Requirements for Compulsory Registration) Order, 2021
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    Compulsory registration for Television Sets under IS 18112:2022 receives an extended compliance implementation timeline.
    Compulsory registration compliance for Television Sets under IS 18112:2022 under the Electronics and Information Technology Goods (Requirements for Compulsory Registration) Order, 2021 has been deferred. The implementation date has been extended from 26 July 2026 to 26 January 2027. Customs formations are to sensitise officers regarding the revised timeline and report any implementation difficulties to the Board.
    Inclusion of eligible DPIIT-Recognized Start-ups under "Source from India" on the Trade Connect ePlatform
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    Start-up exporter visibility expands through Source from India registration, including an active-IEC exception for eligible DPIIT-recognized start-ups.
    DPIIT-recognized start-ups may register on the "Source from India" feature of the Trade Connect ePlatform and receive a unique start-up badge where applicable eligibility conditions are met. A special exception allows such start-ups to register despite not meeting general exporter eligibility requirements, provided they hold an active IEC and are not included in the Denied Entity List. Users must link their Trade Connect accounts to eligible IECs, submit export details and declarations, and obtain approval before their microsites become publicly visible.
    Standard Operating Procedure (SOP) for clearance of imported goods through Foreign Post Offices under the Postal Import Regulations, 2025
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    Risk-based postal import clearance requires electronic presentation, targeted examination, consolidated document requests, and duty-paid release through the FPO application.
    Personal postal imports through Foreign Post Offices are processed through the FPO Import Application using risk-based assessment and system-based facilitation. Postal authorities must electronically present imported articles on arrival. Physical examination is limited to risk-selected or otherwise identified articles, with reasons recorded for examination of facilitated articles. Additional documents may be sought through a specific and consolidated Document Call Letter. Clearance is issued after assessment and Customs formalities, and delivery is prohibited until clearance is authorised and applicable Customs duty is paid or realised.
    Availability of License-wise Voluntary Duty Payment Details for processing of Export Obligation Discharge Certificate (EODC) applications under Advance Authorisation (AA) and Export Promotion Capital Goods (EPCG) Schemes
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    Voluntary duty payment records enable paperless EODC processing, with portal data recognised as the official payment record.
    Voluntary duty payment data received from Customs/ICEGATE is integrated into the DGFT portal for digital processing of Export Obligation Discharge Certificate applications under the Advance Authorisation and Export Promotion Capital Goods schemes. Only portal-displayed payment details are recognised for EODC processing and closure. Authorisation holders should provide correct licence and IEC details, verify displayed payments before applying, and report discrepancies through the helpdesk. Regional Authorities must rely on portal-displayed records for payments made on or after August 1, 2026.
    Extension of Last Date for Submission of TRQ Applications under the India-United Kingdom Comprehensive Economic and Trade Agreement (CETA) for CY 2026
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    Tariff Rate Quota applications under the India-United Kingdom trade agreement receive an extended online submission deadline for calendar year 2026.
    Online applications for allocation of Tariff Rate Quota under the India-United Kingdom Comprehensive Economic and Trade Agreement for calendar year 2026 may be submitted up to 9 August 2026. The extension follows representations from trade and industry. All other terms and conditions governing Tariff Rate Quota allocation remain unchanged.
    Operationalisation of the Inventory-based Cross-border E-Commerce Facilitation Framework under the Handbook of Procedures, 2023
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    Inventory-based cross-border e-commerce compliance requires exporter registration, seller visibility, traceable inventory, certified controls, and regulated returns.
    The Inventory-based Cross-border E-Commerce Facilitation Framework requires Exporters-on-Record to register through ANF 9A, maintain linked digital inventory records, ensure seller-declared goods match inventory, and secure destination-country compliance before export. Sellers must receive specified inventory visibility and timely seller-attributable export benefits. The framework regulates returned consignments, requires independent compliance certification and five-year record preservation, and provides a DGFT-based dispute-resolution process while preserving micro and small enterprise seller rights. Registration changes must be notified within 30 days, and non-compliance or false information may attract regulatory and legal action.
    Appointment of M/s Gateway Terminals India Pvt. Ltd. (GTI) as Customs Cargo Service Provider (CCSP) for the additional area allocated
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    Customs area expansion appoints the terminal operator as custodian and cargo service provider, subject to security and licence conditions.
    The additional land parcel allotted to M/s Gateway Terminals India Pvt. Ltd. is included in its existing Customs Area, and the operator is appointed custodian and Customs Cargo Service Provider for that area. The area may be used for authorised customs-related handling of EXIM cargo under the applicable licence. The provider must comply with customs and cargo-handling requirements, maintain prescribed security and infrastructure, and obtain prior approval for changes in layout, boundary or use. Approval remains co-terminus with the land licence unless earlier modified, withdrawn or cancelled.
    Amendment to the Standard Operating Procedure (SOP) prescribed under Public Notice No. 47/2026 dated 17.04.2026 for movement of International Transshipment-FCL (ITP-FCL) containers between Port Terminals and designated CFSs
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    International transshipment container movement replaces gate verification with terminal operator checks while preserving customs control and discrepancy reporting.
    International Transshipment-FCL container movement between Port Terminals and designated CFSs no longer requires physical verification by the Preventive Officer at the terminal gate. Port Terminal Operators must verify container numbers and seal integrity, using the EIR copy for exit movements. Customs control continues through the Custodian-cum-Carrier Bond. Container-number or seal discrepancies must be reported immediately to the jurisdictional AC/DC, and further processing requires permission of the proper officer. Other SOP requirements and Customs Act checks remain applicable.
    Instruction regarding Coordination with State Mining Authorities for sharing information relating to illegal mining and transportation of minerals
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    Mining enforcement information sharing enables GST scrutiny of suppressed supplies, tax evasion, and wrongful input tax credit claims.
    CGST Zones must coordinate with State Mining Authorities to obtain and analyse information on illegal mining, mineral transportation, seizures, mining-lease action, excess extraction and related violations for potential GST implications. Each Zone must appoint a Nodal Officer, establish periodic information sharing, initiate action where warranted, disseminate intelligence to relevant formations, and hold periodic review meetings to address operational issues.
    Extension of timeline for enrolment with PaRRVA as specified in SEBI Circular No. HO/38/14/(4)2026-MIRSD-POD/I/10557/2026 dated April 29, 2026
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    PaRRVA enrolment deadline for advisers and analysts communicating certified past performance data is extended to support framework implementation.
    Enrolment with the Past Risk and Return Verification Agency (PaRRVA) for registered Investment Advisers and Research Analysts intending to communicate certified past performance data to clients, including prospective clients, has been extended to September 3, 2026. Investment Advisers and Research Analysts wishing to make such communications must enrol with PaRRVA by the extended deadline. The extension is intended to facilitate smooth implementation of the framework.
    Inviting TRQ Applications under India-Oman Comprehensive Economic Partnership Agreement (CEPA) for Financial Year (FY) 2026-27
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    Tariff rate quota allocation under India-Oman CEPA requires prescribed procedures and additional documentation for specified marble and PET imports.
    Tariff Rate Quota allocation under the India-Oman Comprehensive Economic Partnership Agreement is opened for specified imports for financial year 2026-27, subject to product-specific quota limits and the procedure in Annexure-VIII of Appendix 2A of the Foreign Trade Policy, 2023. Marble-block applicants must submit a Chartered Engineer certificate on processing capacity, machinery and prior production; marble-product applicants must provide a valid pre-purchase agreement with an Oman supplier; and PET-flake applicants must furnish a Ministry of Environment, Forest and Climate Change no-objection certificate.
    Fixation of new seven Standard Input Output Norms (SIONs) at SION No. No. A-3708, A-3709, A-3710, A-3711, A-3712, A-3713 & A-3714 under "Chemical and Allied Product" (Product Code-'A')
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    Standard Input Output Norms enable direct Advance Authorisations for specified chemical and pharmaceutical export products.
    Seven new Standard Input Output Norms are notified under the Chemical and Allied Products product group for specified pharmaceutical and chemical export products. The norms prescribe permissible import inputs and quantities, including inputs for Theophylline, Liraglutide injection, Lumefantrine, specified Meropenem formulations, and ophthalmic solution. Bulk-drug content in ophthalmic solution must conform to the Drug Manufacturing Licence. Regional Authorities may grant Advance Authorisations directly in eligible cases without individual reference to the Norms Committee.
    Issuance of Public Notice in respect of M/s.Chandra CFS and Terminal Operators Pvt. Ltd. - Appointment of Custodian under Section 45(1) of the Customs Act, 1962 for goods imported/exported through Kamarajar Port, Ennore
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    Custodianship of import and export cargo extends to Kamarajar Port operations, subject to customs cargo-handling compliance requirements.
    M/s. Chandra CFS and Terminal Operators Pvt. Ltd. is appointed as custodian of imported goods landed at Kamarajar Port, Ennore and received at its container freight station, until clearance for home consumption, warehousing, or transhipment. It is also custodian of export cargo brought into its premises until export from the port. The entity must comply with Section 45 of the Customs Act, the Handling of Cargo in Customs Areas Regulations, 2009, and applicable instructions.
    Issuance of Public Notice in respect of M/s. Chandra CFS and Terminal Operators Pvt. Ltd. - Declaration of 'Customs Area' under Section 8(b) of the Customs Act, 1962 for handling Import and Export Cargo pertaining to M/s. Kamarajar Port, Ennore
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    Customs area declaration permits designated premises to handle import and export cargo subject to cargo-handling regulations and notified procedures.
    Customs area status is declared for the premises of M/s. Chandra CFS and Terminal Operators Pvt. Ltd. under section 8(b) of the Customs Act, 1962. The area may handle imported FCL and LCL cargo, other than passenger unaccompanied baggage, arriving from Kamarajar Port, and export cargo until export. Cargo handling must comply with the Handling of Cargo in Customs Areas Regulations, 2009 and applicable public notices.
    Issuance of Public Notice in respect of M/s. All Cargo Terminals Ltd. CFS - Appointment of Custodian under Section 45(1) of the Customs Act, 1962 for goods imported/exported through Kamarajar Port, Ennore
    Show AI Summary
    Customs cargo custodianship extends to imported and export goods handled through the container freight station serving Kamarajar Port.
    All Cargo Terminals Ltd. is appointed as custodian under Section 45(1) of the Customs Act, 1962 for imported goods landed at Kamarajar Port and received at its container freight station until clearance for home consumption, warehousing or transhipment. It is also custodian of export cargo received at the facility until export. The custodian must comply with Section 45, the Handling of Cargo in Customs Areas Regulations, 2009, and applicable instructions.
    Issuance of Public Notice in respect of M/s. All Cargo Terminals Ltd. CFS - Declaration of 'Customs Area' under Section 8(b) of the Customs Act, 1962 for handling Import and Export Cargo pertaining to M/s. Kamarajar Port, Ennore
    Show AI Summary
    Customs Area declaration enables All Cargo Terminals to handle designated import and export cargo under prescribed cargo-handling regulations.
    The premises of M/s. All Cargo Terminals Ltd. at Ernavoor are declared a Customs Area under section 8(b) of the Customs Act, 1962, for imported full-container-load and less-than-container-load cargo arriving from Kamarajar Port, excluding passenger unaccompanied baggage, and for export cargo until export. Cargo handling must comply with the Handling of Cargo in Customs Areas Regulations, 2009 and applicable customs public notices.
    Issuance of Public Notice in respect of M/s. Sattva CFS and Logistics Pvt Ltd. CFS
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    Customs custodianship authorises container freight station control over import and export cargo pending statutory clearance or export.
    Customs custodianship is conferred on M/s. Sattva CFS and Logistics Pvt Ltd. for imported goods landed at Kamarajar Port and received at its container freight station until clearance for home consumption, warehousing, or transhipment. It is also appointed custodian of export cargo received at its premises until export. The custodian must comply with the Customs Act, the Handling of Cargo in Customs Areas Regulations, 2009, and applicable instructions.
    Extension of timelines with respect to compliance of Digital Accessibility Circulars
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    Digital accessibility compliance deadlines are extended for platform audits and remediation, while all other accessibility obligations continue unchanged.
    Digital accessibility compliance timelines for regulated entities are extended for conducting accessibility audits of digital platforms and remediating audit findings. The extended deadline is October 31, 2026. All other obligations under the earlier circulars concerning compliance with the Rights of Persons with Disabilities Act, 2016 and its rules remain unchanged and continue to apply.
    Appointment of Custodian for Import and Export Cargo – M/s. Sattva Hi-Tech & Conware Pvt. Ltd.
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    Custodianship of import and export cargo extends to a container freight station, subject to customs cargo-handling compliance.
    Custodianship of import and export cargo is extended to M/s. Sattva Hi-Tech & Conware Pvt. Ltd. for imported goods landed at Kamarajar Port and received at its container freight station. The appointment continues until imported goods are cleared for home consumption, warehoused, or transhipped, and covers export cargo until export. The custodian must comply with statutory custody requirements, the Handling of Cargo in Customs Areas Regulations, 2009, and applicable instructions.

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      Computation of capital gains on the basis of the fair market value.

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      Computation of capital gains on fair market value may trigger gift-tax implications requiring concurrent examination and proceedings.
      Computation of capital gains adjusts consideration to fair market value when transfer consideration is inadequate, and officers should concurrently assess ... Summary

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      ActsIncome Tax