Use of FIRC permitted for exports to OFAC-listed countries where e BRC cannot be generated, with exporter self declaration.
Amendment to Para 2(a)(i) of ANF 4F allows exporters under Advance Authorization to submit a Foreign Inward Remittance Certificate (FIRC) in place of an e BRC for exports to OFAC listed countries where the bank cannot generate an e BRC, provided the exporter files a self declaration that the e BRC could not be generated.

Exemption for petroleum operations simplified; certification removed and importer verification available via centralised web portal.
Customs notification streamlines import concessions for goods used in petroleum operations by rationalising eligibility criteria and simplifying disposal procedures; the prior pre-import certification requirement is removed. A centralised web portal lists project-wise details of licensees, lessees and contractors for verification by assessing officers. The circular directs issuance of Trade/Public Notices, sensitisation of field formations, and reporting of implementation difficulties to the Board.

Condonation of delay in filing Form 10-IC under section 119(2)(b): allowed where return timely filed and 115BAA option indicated.
Delay in filing Form 10-IC for the previous year relevant to A.Y. 2020-21 is condoned under section 119(2)(b) where: the return of income for A.Y. 2020-21 was filed on or before the due date under section 139(1); the assessee company opted for taxation under the concessional regime in item (e) of "Filing Status" in "Part A-GEN" of ITR-6; and Form 10-IC is filed electronically on or before 30.06.2022 or three months from the end of the month of issue of the circular, whichever is later.

Authorized Officers under FSS Act ensure imported food samples are tested only at FSSAI notified NABL accredited laboratories.
Designation of Authorized Officers requires Customs officers at identified Points of Entry to ensure that samples of imported food are tested only in FSSAI notified laboratories holding valid NABL accreditation. Customs Authorized Officers must implement the lists of PoEs and laboratories provided by FSSAI and report any implementation difficulties to the Customs Commissionerate.

Delegation of information-gathering power under section 151 now exercisable by specified tax officer designations under state GST.
The Commissioner amends the delegation table to allocate the power to direct any person to furnish information to specified Proper Officers: Special Commissioner, Additional Commissioner, Senior Joint Commissioner, Joint Commissioner, Deputy Commissioner and Assistant Commissioner, thereby clarifying which officer designations may exercise the information-direction power; the amendment takes effect from the stated commencement date in the order.

Relaxation of e filing requirement permits physical filing of Form No.3CF until electronic facility becomes available.
The CBDT, invoking its administrative power under section 119(1), temporarily permits applicants seeking approvals under section 35(1)(ii)/(iia)/(iii) to file applications in Form No.3CF physically from the date of the circular until the earlier of the stated calendar cutoff or the date Form No.3CF becomes available for electronic filing on the e filing portal, addressing difficulties arising from Rules 5C(1A) and 5F(2)(aa) of the Income tax Rules.

Interest Equalisation Scheme UIN requirement: exporters must obtain and submit a UIN to banks to access scheme benefits.
Exporters must obtain a Unique IES Identification Number (UIN) on the DGFT portal-after registering and ensuring IEC linkage-pay the user charge, and submit the auto generated UIN acknowledgement to their bank when applying for interest equalisation on rupee export credit; UINs are non amendable (requiring generation of a new UIN for corrections), have limited validity, and banks will continue internal scrutiny with separate validation guidelines from the central bank.

Mandate restrictions for mutual fund transactions: payments must route only to approved accounts and intermediaries face strict controls.
Payments for mutual fund subscriptions must be routed only to designated Approved Accounts; existing mandates may continue only if Payment Aggregators ensure beneficiary accounts are exclusively clearing corporation accounts (for exchange transactions) or mutual fund pool/scheme accounts (for other platforms). Exchanges, clearing corporations and AMCs must contract with PAs, implement checks and balances including annual third party audits, and maintain grievance mechanisms. AMCs remain liable for misuse by PAs or intermediaries. Non demat redemptions require Two Factor Authentication with an OTP as one factor.

Recovery of self-assessed tax: officers may seek explanation or payment before initiating recovery under section 79.
Where outward supplies declared in GSTR-1 are not paid through GSTR-3B, the proper officer shall communicate with the registered person to pay the short-paid amount or explain the discrepancy within a prescribed reasonable time. If the explanation satisfies the officer or the shortfall is paid, recovery need not follow. Failure to respond, to pay within the time allowed, or to justify the difference to the officer's satisfaction permits initiation of recovery proceedings under the statutory recovery provisions.

Salary TDS compliance under section 192: rates, perquisites, exemptions, deductions, and filing duties for employers.
Income-tax deduction at source from salaries for financial year 2021-22 is to be made under section 192 on estimated salary income at the average rate for the year, after considering exemptions, deductions and relief. The circular explains salary, perquisites and profits in lieu of salary, the concessional tax regime under section 115BAC, the treatment of salary from more than one employer, arrears or advance salary, and the obligation to furnish particulars of perquisites and supporting evidence. It also sets out the applicable tax rates, surcharge, cess, TDS deposit, statement filing, Form 16 and Form 12BA requirements, and the principal Chapter VI-A deductions available to employees.

Extension of revocation period: delegated power allows limited additional time to apply for reinstatement after cancellation.
The Commissioner delegates to the Additional Commissioner of State Tax (GST) the power under section 5(3) to extend, for a limited additional interval not exceeding thirty days, the period within which a taxpayer may apply for revocation of a registration cancelled by the Proper Officer, as provided in clause (b) to the proviso of sub section (1) of section 30 of the Haryana GST Act.

Foreign investment in LIC permitted via automatic route subject to statutory compliance and governance conditions.
The FDI Policy amendments permit foreign investment in the Life Insurance Corporation of India via the automatic route subject to specified statutory compliance and governance conditions; amend core definitions of Capital, Convertible Note, Foreign Investment, Indian Company, Share Based Employee Benefits and Subsidiary; clarify Real Estate Business exclusions; bifurcate "Other Conditions" into insurer/intermediary and LIC specific provisions including resident Indian majorities in board and key management, regulatory verification, pricing guidance for increases, and ESOP/share benefit reporting and approval requirements.

SLP and Civil Appeal proposals must be sent through LIMBS/e-office; physical filing permitted until system stabilizes.
All administrative units must transition processing and transmission of SLP/CA proposals to the LIMBS Portal integrated with e-office for electronic submission; physical submission may continue until the system stabilizes. Field formations must feed Case Number Records (CNRs) for High Court matters to enable automatic status updates from e-courts, ensure only the SLP/Civil Appeal proposal (not the Commissionerate file) is forwarded to the Board, and use prescribed e-office recipients and NIC support for technical assistance.

Certificate of Origin authorization: Mewar Chamber authorized to issue non-preferential certificates, enabling export documentation compliance.
Authorisation is granted to Mewar Chamber of Commerce & Industry to issue Certificate of Origin (Non-Preferential), and the agency is added to Appendix 2E of the Appendices & Aayat Niryat Forms of the Foreign Trade Policy, thereby enlisting it to perform that certification function.

Notification of Authorised Officers corrected; ICD name and port code amended under FSS provisions, instruction updated
Corrigendum amends Annexure 1 entry at serial number 27 under "Inland Container Depot (ICD) and Special Economic Zone (SEZ)": replace 'ICD Nagpur' with 'ICD Mihan' and change port code 'INNGP6' to 'INKPK6' in respect of the Board's Instruction No. 2/2022-Customs.

All India adjudication jurisdiction for Additional/Joint Commissioners enables centralized adjudication of DGGI-issued show cause notices.
Notification inserts para 3A empowering specified Additional/Joint Commissioners of State Tax with All India jurisdiction to adjudicate show cause notices issued by DGGI where noticees' principal places of business fall under multiple State Tax Commissionerates or where multiple related notices exist; such adjudication may occur regardless of the amount involved, Principal/Commissioners will allocate adjudication charge to empowered Additional/Joint Commissioners according to a prescribed zone-to-commissionerate mapping, and pre-notification DGGI notices not yet adjudicated may be made answerable to these empowered officers via corrigendum.

All-India adjudication jurisdiction for specified additional/joint commissioners enables centralized adjudication of multi-jurisdiction show cause notices.
The amendment empowers specified Additional/Joint Commissioners with All India jurisdiction to adjudicate show cause notices issued by intelligence officers when noticees' principal places of business fall under multiple commissionerates or multiple notices on the same issue exist; ordinarily, intelligence and audit officers only issue notices which are adjudicated by the executive commissionerate where the noticee is registered. Principal Commissioners will allocate charge of adjudication to a designated Additional/Joint Commissioner per a zone-to-commissionerate table, and corrigenda may make pre-existing unadjudicated notices answerable to the All India adjudicators. Audit commissionerate cases may be referred for appointment of a common adjudicating authority.

Reimbursement of State GST allowed for exhibition of 'The Kashmir Files' subject to conditions and six-month validity.
Reimbursement of State GST for entry to exhibition of the film 'The Kashmir Files' is allowed subject to conditions: theatres shall not increase ticket prices or change seating capacities; registered taxpayers shall not charge State GST to customers during the reimbursement period and tickets must state 'State GST not collected by the orders of Government of Haryana'; taxpayers must file returns and deposit tax from their own resources; State GST collected before or after the order will not be reimbursed; separate procedural guidelines will follow and the order is effective for six months.

Faceless Penalty Scheme scope narrowed: technical pendency failures and no PAN cases excluded from faceless penalty assignment.
The order excludes from the Faceless Penalty Scheme penalty proceedings where pendency could not be created on ITBA due to technical reasons and penalty proceedings in cases without a PAN. It further directs that prior para 3 directions continue to apply to penalties imposable under Chapter XXI, subject to these exclusions, and states that the order takes immediate effect.

Line of Credit for export finance limits foreign sourcing, mandates domestic supply thresholds and sets strict utilization timelines.
Government-supported Line of Credit by Export-Import Bank finances purchases of eligible exports from India, requiring at least 75 per cent of contract value to be supplied from India and allowing up to 25 per cent procurement from abroad; terminal utilization is six months from signing, extendable but not beyond twelve months. Shipments must be declared in the Export Declaration Form, no agency commission is payable under the LoC (exporters may pay commission from own resources or EEFC balances subject to realization), and AD Category I banks must inform exporters and obtain LoC details. Directions issued under FEMA without prejudice to other approvals.