Provisional rating rules require CRAs to label ratings 'Provisional' and convert them into final ratings within specified timeframes.
Provisional ratings for debt instruments must be prefixed with Provisional and are those contingent on execution of support agreements, legal documents, assignment or escrow arrangements, debt service reserve accounts, or pending formation and registration of REITs/InvITs; CRAs must convert provisional ratings into final ratings within prescribed timeframes with possible committee approved extension, disclose pending steps, associated risks and alternative ratings in press releases, and publish supplementary disclosures when provisional ratings are not accepted by the issuer.

Deemed authorisations for COVID related imports ensure priority customs clearance and waiver of interagency referrals for relief consignments.
Customs are to treat permissions, licences or authorisations normally required from other government departments for COVID related consignments facilitated by external agencies or imported by the Indian Red Cross Society as deemed to have been given, avoiding referral or permitting waivers, and to accord these consignments the highest priority for rapid clearance.

COVID-19 Helpdesk operationalisation enables exporters to register licensing, customs and documentation grievances for coordinated resolution.
Operationalisation of COVID-19 Helpdesk to address international trade disruptions, including import/export licensing, customs clearance delays, documentation and banking issues; DGFT will collate matters involving other government departments and coordinate resolutions. Stakeholders must submit requests via the DGFT Helpdesk Service on the website selecting the Covid-19 category, or use the designated email or toll-free line; status can be tracked through the Helpdesk status tracker with email and SMS updates.

GST evasion/ITC misuse cases require immediate preliminary reporting to leadership and strict prevention of any information leaks.
Field formations must immediately transmit a preliminary report to the Chairman and the Zonal Member/Member (Investigation) on all important or sensitive cases of GST evasion or ITC misuse without waiting for conclusion of inspection, search, seizure, or arrest; detailed reports may follow. Simultaneously, personnel must prevent any leakage to press or outside agencies until official disclosure.

Master Data Bank of large taxpayers strengthens return monitoring, scrutiny, audit selection, and enforcement through field-level data entry.
Creation of a Master Data Bank of large taxpayers was directed to support effective monitoring of returns, scrutiny, tax audit selection, and enforcement activity. A menu titled Large Tax Payer's Master Data Bank was made available in the S.I.B. Entry Module for registered taxpayers with turnover exceeding Rs. 5 crore, and officers were instructed to complete the required field-level entries through their S.I.B. Entry login by the specified date.

GST audit suspension during COVID-19 halted trader inspections, barred ADT-01 notices, and paused pending audit action.
Suspension of taxpayer audit and inspection under the GST audit process was directed in view of the rapidly increasing COVID-19 pandemic. Until further orders, trader inspections in audit matters were to remain suspended and no Form ADT-01 notice was to be issued in any case. Where ADT-01 had already been issued, all further action was also to remain suspended, while preliminary pre-ADT-01 activities were to continue under earlier instructions.

Certificate of Origin Non-Preferential: address of Bharat Chamber of Commerce updated in official list, affecting issuance records.
The Director General of Foreign Trade amends Appendix 2E of the Handbook of Procedures to replace the address and contact details for Bharat Chamber of Commerce at Sl. No. 7 under West Bengal, updating the authorised agency entry for issuance of Certificate of Origin (Non-Preferential) and making the new address the operative contact for future issuance.

Priority clearance of COVID-19 medical imports required; customs directed to expedite consignments and report difficulties.
All Customs formations are directed to give top priority to clearance of imports relating to the COVID-19 pandemic, including RT PCR laboratory equipment, medical equipment and oxygen-related equipment, and to sensitise staff to expedite these consignments; any implementation difficulties must be reported to the Board.

GST registration functions are allocated among State Tax officers by territorial jurisdiction, taxpayer category, and applicable pecuniary limits.
GST registration functions under the Rajasthan Goods and Services Tax Act, 2017 are assigned to specified State Tax officers. Joint Commissioners, Deputy Commissioners and Assistant Commissioners in regular Circles or Wards are authorised for registration-related functions within their territorial jurisdictions. Joint Commissioners and Deputy Commissioners in regular Circles handle registration functions for casual taxable persons and non-resident taxable persons undertaking supplies. Specified functions remain subject to applicable pecuniary limits, and the relevant Additional Commissioner (Administration) may reallocate work where an assigned officer is unavailable.

COVID-19 relaxation of functional targets shifts enforcement to intelligence-based checks and revised physical verification timelines.
Monthly functional targets for Mobile Squad and Enforcement Units were kept in abeyance due to the second wave of COVID-19. Enforcement was to proceed on an intelligence-based footing using GST, E-Way Bill and ComtaxUP data, with vigilance and caution. The instruction for physical verification in all GST registration cases was also relaxed, and verification for registered persons generating E-Way Bills for inward or outward supplies exceeding Rs. 50 lakh was to be completed within 20 days of registration.

Relaxation of listing procedures extended; issuers must complete refunds by the next business day and ensure registrar data accuracy.
SEBI extends specified one time procedural relaxations for Rights Issues to apply for issues opening up to September 30, 2021, provided issuers and Lead Managers continue to comply with the remaining conditions of the May 6, 2020 circular. Issuers, Lead Managers, Registrars and other intermediaries must ensure refunds for un allotted or partially allotted applications are completed by the business day after the basis of allotment and that refund instruction data is error free, with prompt remediation of any technical rejections.

CSR funds eligibility expanded to include makeshift hospitals and temporary COVID care facilities, subject to CSR Rules and state consultation.
CSR funds may be used for setting up makeshift hospitals and temporary COVID care facilities as eligible activities under Schedule VII items for promotion of health care and disaster management, provided companies consult State Governments and comply with the Companies (CSR Policy) Rules, 2014 and related CSR circulars.

Immediate reporting of sensitive customs seizures: notify senior Board members promptly and prevent any leaks to the press.
Field formations must promptly send a preliminary report on important or sensitive seizures and commercial frauds to the Chairman and Zonal Member/Member (Investigation) without waiting for conclusion of search, seizure, or arrest proceedings; a formal detailed report may follow. During searches, seizures, or arrests nothing may be leaked to the press or outside agencies by any means until the Board officially discloses the information.

Warehousing norms for commodity derivatives: accreditation, financial safeguards and mandatory monitoring to ensure good delivery.
Clearing Corporations must establish comprehensive warehousing norms to ensure good delivery for physically settled commodity derivatives, including transparent accreditation of WSPs and assayers, fit-and-proper and governance requirements, prescribed financial safeguards (security deposits and incremental financial security deposits with monitoring and coordination with WDRA), facility and operational standards for agricultural and metal commodities, mandatory SOPs, sampling/assaying protocols, periodic and surprise audits, fortnightly physical reconciliation with electronic records, and extensive public disclosures and grievance mechanisms.

Committee of creditors request compels resolution professional to convene or place proposed matters when members reach prescribed voting threshold.
Where members representing the prescribed voting threshold request convening of a committee of creditors meeting, the resolution professional shall forthwith convene the meeting or place the proposing note on the agenda of a scheduled meeting; such request must include a note proposing matters or issues and relevant documents. Requests below the prescribed voting threshold must be considered expeditiously on merits by the resolution professional, who may then convene a meeting or place the note for consideration in an ensuing meeting. Notices must list matters, voting issues and relevant documents.

Electronic customs processing enables shipping bill retransmission and digital examination instructions while requiring origin certificates for preferential imports.
ICES enables AMEND-role officers to retransmit Shipping Bills to the RBI's EDPMS where export details are not reflected. Examination instructions are no longer printed on the first copy of a Bill of Entry and are emailed to the importer or Customs Broker after goods registration. For India-Mauritius CECPA preferential imports, CAROTAR-related Bill of Entry particulars apply, and the Certificate of Origin must be uploaded on eSanchit with the corresponding IRN declared for covered items.

E-way bill compliance for split consignments triggers detention and transit action under GST transport rules.
Action under section 129 is to be taken where goods are transported in violation of section 68 and rule 138. If a seller splits a consignment exceeding the prescribed value into multiple invoices below the threshold for the same buyer and does not generate E-Way Bill-01, the consignment is to be treated as a rule 138 violation. For perishable, hazardous, or time-sensitive goods, the payment period under section 129(6) may be reduced, disposal may be made under rule 141(2), and the proceeds are to be kept in FDR form and adjusted against tax, interest, penalty, or other dues.

Tariff Rate Quota allocation allows additional sugar exports to UK under notified TRQ conditions and certification requirements.
Allocation of an additional quantity of raw/refined sugar to the United Kingdom for the 2020-21 TRQ cycle permits export under the Tariff Rate Quota mechanism subject to the Foreign Trade Policy and existing TRQ notifications; the allocation is to be operated through the designated implementing agency and exporters must follow the notification-specific reporting framework and prescribed certification protocols.

Mutual fund reporting obligations revised: quarterly compliance and trustee reporting schedules and formats updated effective from specified reporting periods.
AMCs will discontinue Bi-monthly and Half-yearly Compliance Certificates and instead submit a prescribed Quarterly Report to trustees by the 21st calendar day following each quarter. AMCs must also submit a complete quarterly Compliance Test Report to the regulator on the same timetable. Trustees must file a revised Half Yearly Trustee Report to the regulator, including corrective steps for non-compliance, within two months for half-years ending September and March. QR and CTR apply from the quarter ending June 2021; HYTR applies from the half-year ended March 2021.

Delegated litigation-signing powers permit designated senior officers to execute specified tribunal filings subject to prior approval.
Delegation of litigation-signing powers authorises Special Commissioners, Additional Commissioners and Joint Commissioners to sign departmental replies, affidavits, counter-affidavits and appeals. The authority covers filings before the National Company Law Tribunal, Debt Recovery Tribunal and National Company Law Appellate Tribunal, subject to prior approval of the Commissioner (State Tax).