Government-supported Line of Credit enables financing of eligible Indian exports to Malawi subject to sourcing and documentary conditions.
Government-supported Line of Credit to Malawi authorises Exim Bank financing of eligible Indian exports for drinking water and development projects, subject to Foreign Trade Policy eligibility and Exim Bank approval. Contracts must source at least 75 per cent of goods, works and services from India, with up to 25 per cent procured abroad. The LoC is effective from September 2020 with a terminal utilization period of 60 months after scheduled project completion. Shipments must be declared in the Export Declaration Form. No agency commission is payable under the LoC, though exporters may use own funds or EEFC balances for commission remittance after realisation, subject to AD Category I bank rules. Directions are issued under FEMA.

E-office implementation requires electronic communications via designated email and PDF submissions to streamline processing and acknowledgement.
Launch of e office establishes an electronic, paperless workflow in the Commissionerate to improve efficiency, transparency, accountability and data security. All communications must be sent only to the designated email id and preferably as searchable PDF files to enable faster processing. Communicators should provide mobile and email details to receive immediate acknowledgement and a Diary Number for future reference; trade bodies are asked to circulate the notice and forward difficulties or suggestions to the same address.

Listing of InvIT and REIT units in IFSC permitted subject to jurisdictional incorporation, regulation and specified exchange listings.
SEBI permits listing and trading of Units of InvITs and REITs on IFSC stock exchanges provided the trusts are incorporated/settled in Government notified Permissible Jurisdictions, regulated by the securities regulator(s) in those jurisdictions, and already listed on specified international exchanges; Annexure A contains the lists of jurisdictions and exchanges.

Rules of Origin verification requires importer due diligence and formal verification requests through designated CBIC nodal point
Importers claiming preferential tariff treatment must retain and produce specified minimum information demonstrating satisfaction of Rules of Origin; submission of a Certificate of Origin does not relieve the importer of the obligation to exercise reasonable care. Where doubts on genuineness or accuracy arise, officers must first seek information from the importer under CAROTAR before requesting verification from the exporting country. Verification requests must be comprehensive, approved by the jurisdictional Commissioner, include legible COO, invoice and transport documents, and be sent to the Board's designated nodal point, which maintains signature/seal repositories and monitors responses.

Faceless Assessment expands national electronic customs assessment, centralising verification while preserving port inspection and appeal mechanisms.
All-India roll-out of Faceless Assessment creates a centralised electronic framework assigning bills of entry to Faceless Assessment Groups for verification while Port Assessment Groups remain responsible for physical examination, testing, bonds and other port functions. Importers must file documents electronically via ICEGATE and e-Sanchit; faceless units may accept self-assessment, seek documents, order testing or re-assess with a speaking order. Turant Suvidha Kendra handles bond registration and document tasks. Appeals from re-assessments lie with the Commissioner (Appeals) of the port of import.

Faceless Assessment roll out: imports assigned electronically to faceless assessment groups; ICEGATE communications, port examinations and TSK bonds apply.
Imported Bills of Entry will be processed under a phased Faceless Assessment system assigning filings via the Customs Automated System to designated Faceless Assessment Groups; filings and supporting documents must be submitted electronically on ICEGATE and e Sanchit. Faceless Assessment Groups may accept self assessment, raise consolidated electronic queries, order examination/testing by port shed officers, provisionally assess or refer matters to Port Assessment Groups in specified exceptional circumstances, and must issue speaking orders and provide hearings for re assessment; ports of import retain examination, custody, bond registration at TSK, and enforcement responsibilities.

Margin collection requirement: upfront VaR and ELM mandatory; other margins deemed collected if pay in occurs within two working days or by early pay in.
TMs and CMs must collect upfront VaR margin and ELM from clients prior to trade; other margins may be collected within a two working day window. If client pay-in (funds or securities) occurs within two working days, or securities are early pay in to the Clearing Corporation, other margins are deemed collected and penalties for short/non-collection do not apply. If pay-in is not made within two working days and other margins are not collected by that time, applicable penalties may be levied. Clearing Corporations continue to collect upfront VaR plus ELM and other margins from TMs/CMs.

PFMS verification failures impede IGST refund disbursal; exporters must update ICEGATE bank and AD Code details to resolve errors.
IGST refunds and drawback disbursals may fail when PFMS cannot verify bank or Authorized Dealer Code details; IEC holders must register on ICEGATE, verify or update bank account and AD Code information to match bank records, and follow ICEGATE advisories for rectifying specific PFMS error codes. For 'failed-after-success' transactions, ICES Advisory No.18/2020 creates the SCROLL_PC role to enable reprocessing, updating of account details via CLK, and generation of temp or final PC scrolls to allow re-scrolling of corrected shipping bills.

Standardized unit quantity codes required for exports and imports; non-standard units allowed temporarily, then disallowed.
DGFT mandates standardized Unit Quantity Codes (UQCs) in its EDI and Customs' ICEGATE. No new authorizations shall use non-standard units (e.g., BoU, packs, boxes, cartons, bottles); system changes are being made. Customs will accept shipping bills against existing authorizations with non-standard units until the transition cutoff to prevent export disruption. Authorization holders must obtain conversion of non-standard units to standard units from their Regional Authority; RAs facing difficulty will consult the Norms Committee. Post-transition, imports and exports without standard UQCs will be disallowed.

Faceless Assessment rollout for imports assigns Bills of Entry to national assessment groups with new ICES roles and monitoring.
The Standing Order mandates phased All India roll out of Faceless Assessment at Nhava Sheva, assigning Bills of Entry to designated Faceless Assessment Groups via the Customs Automated System, defining new ICES roles (VAO, VDC, VDN), specifying operational workflows for first check, provisional assessment, testing and recalls, retaining certain port functions with the port of import, constituting National Assessment Centres to ensure uniformity in classification and valuation, establishing monitoring dashboards and reporting requirements, and vesting appeals in Commissioners of Customs (Appeals) for the port of import.

Verification rules require importers to prove origin criteria and face compulsory checks if origin information or care is inadequate.
CAROTAR, 2020 and section 28DA require importers claiming preferential duty to retain specified minimum information demonstrating satisfaction of Rules of Origin; mere submission of a Certificate of Origin does not relieve the importer of exercising reasonable care. Where information is not provided or reasonable care is not exercised, the matter is to be reported to the Risk Management Centre to enable compulsory verification of future consignments until adequate controls are established. Verification requests to the Board must follow prescribed SOPs, include representative COOs and supporting documents, and be routed through the designated nodal point.

Rules of Origin verification: importers must declare origin, retain Form I evidence and comply with document requests promptly.
Importers claiming preferential rates must declare goods as originating, cite the tariff notification, produce Certificates of Origin and enter CoO details in the bill of entry, and possess and retain Form I information demonstrating compliance with origin criteria including regional value content and product specific rules. Proper officers may requisition these documents, requiring a ten working day response; if satisfied, acceptance must be communicated within fifteen working days, otherwise a verification proposal is forwarded. Importers must exercise reasonable care in accuracy and retain supporting documents for five years.

Faceless Assessment rollout expands centralized commodity-wise assessment, assigning NACs and nodal officers to standardize classification, valuation and appeals.
Faceless assessment at Mumbai Customs Zone III will be extended in phases with the Customs Automated System assigning Bills of Entry to officers of designated Faceless Assessment Groups. Eleven commodity wise National Assessment Centres (NACs) are constituted with specified conveners, co conveners and nodal officers; NACs will monitor and promote uniformity in classification, valuation, exemption application and compliance, analyse RMS facilitated Bills of Entry, liaise with ports and industry, and form working groups on valuation, classification and outreach. Jurisdictional nodal officers are named for Mumbai Zone III and Commissioners of Customs (Appeals) are empowered to hear appeals arising from faceless assessments.

Anti-evasion cell reorganisation assigns inspection, search, seizure, arrest and goods-in-movement inspection functions under the DGST framework.
Enforcement I and Enforcement II branches are redesignated as Anti-Evasion Cell-I and Anti-Evasion Cell-II to prevent tax evasion and strengthen tax-collection monitoring. Anti-Evasion Cell-I handles inspection, search, seizure, arrest, access to business premises, and related enforcement measures. Anti-Evasion Cell-II handles inspection of goods in movement and associated inspection, search, seizure, and procedural measures under the applicable Chapter XIV framework and rules.

Faceless Assessment expands nationwide, centralising electronic bill-of-entry verification while ports retain physical inspection and bond processing.
Faceless Assessment requires electronic submission of bills of entry via ICEGATE and e-Sanchit and central assignment to designated Faceless Assessment Groups for verification; port authorities retain examination, inspection, custody of documents and processing of bonds. Faceless groups may accept self-assessments, raise consolidated electronic queries, order testing or examinations to be executed by shed officers, provisionally assess or transfer exceptional cases to Port Assessment Groups, and must issue speaking orders when re-assessing, with appeals to the Commissioner (Appeals). All communications are exclusively electronic.

Multi Cap fund asset allocation mandates equal minimum investments across large, mid and small cap segments, compliance required.
SEBI requires Multi Cap funds to maintain a minimum equity investment of 75% of total assets, with at least 25% allocated to each of large-cap, mid-cap and small-cap equity and equity-related instruments; existing schemes must comply within one month from AMFI's next stock list publication (January 2021).

E Office deployment mandates electronic submissions in searchable PDF with contact details and a designated official email for filings.
Launch of E-Office requires stakeholders to use electronic communication to Nhava Sheva-V Commissionerate, with submissions in PDF (preferably searchable), provision of mobile and email for issuance of a Diary Number, use of the designated email [email protected] for official correspondence, lodging of hard copies at the Central Receipt Unit on the ground floor of JNCH, and reporting difficulties or suggestions to the Additional Commissioner of Customs, NS-V.

E-Office launched as official electronic filing channel; submit searchable PDF, include contact details; designated official email for correspondence.
Launch of an e-Office system at Nhava Sheva-II, JNCH promotes a paperless environment and urges stakeholders to send communications electronically in PDF (preferably searchable) and to include mobile number and email so the allotted Diary Number may be used for reference. The email [email protected] is designated as the official single point of contact for electronic official communications. Hard-copy submissions shall be made at the Central Receipt Unit (CRU) on the ground floor of the JNCH building, and stakeholders may report difficulties or suggestions to the undersigned.

Preferential origin verification: importers must retain proof of origin and face compulsory checks if reasonable care is not demonstrated.
Guidelines implement section 28DA and CAROTAR to operationalise verification of Rules of Origin and Certificates of Origin for preferential tariff claims. Importers must hold and produce prescribed minimum information demonstrating compliance with origin criteria; mere submission of a CoO does not absolve the importer's duty of reasonable care. Verification may be initiated for doubts as to genuineness or accuracy of origin, or randomly; officers must first seek information from the importer, and, with required approvals and complete documents, forward representative verification requests to the Board's nodal point, using the central repository for signature/seal comparison.

Certificate of Origin requirements in Bill of Entry: mandatory item declarations, COO upload, CUF02 self declaration, and document defacement.
Importers claiming preferential duty must enter item wise COO particulars in the Bill of Entry SW INFO TYPE table, upload the COO to the electronic repository and declare its IRN, make the CUF02 self declaration in the STATEMENT table, indicate transit country as required, and ensure COO documents are marked defaced in the system before Out Of Charge; PTA/FTA notification to COO document code mappings are provided.