Line of Credit supporting export-financed power project requires majority Indian sourcing and EDF declaration compliance.
Exim Bank's Government of India-supported Line of Credit to Zimbabwe finances repowering of Hwange Thermal Power Station and permits financing of eligible exports from India consistent with the Foreign Trade Policy. At least 75 per cent of contract value must be supplied from India; up to 25 per cent may be procured abroad. Shipments must be declared in the Export Declaration Form. No agency commission is payable under the LoC, though exporters may use their own funds or EEFC balances for commission remittance after realization, subject to extant instructions; AD Category I banks must notify exporters and facilitate compliance. Directions are issued under FEMA.

CFSs storing hazardous chemicals must obtain annual safety audits, report threshold exceedances, and file yearly safety reports.
All CFSs handling hazardous chemicals must obtain an annual safety audit by a competent safety auditor under Rule 10 of the Manufacture, Storage and Import of Hazardous Chemical Rules, 1989 covering CBIC guidelines and relevant rules, file the previous calendar year's safety report in Jan-Mar, verify whether Schedule 2 threshold quantities were exceeded and, if so, confirm Rule 7 approval and compliance, or otherwise confirm an on-site emergency plan and communication mechanisms; the audit must also report hazardous goods stored over thirty days with arrival/clearance details.

System-selected container scanning: only RMS-chosen containers to be scanned and prioritised, officers barred from independent selection.
Examinations of export containers selected by the RMS must follow Mandatory Examination Instructions without deviation; only RMS-selected containers or those identified on specific intelligence may be scanned, with selected containers given top priority. Scanning shall be performed using mobile or fixed container scanners after moving containers from terminals, and physical examination of system-selected check packets shall occur at MICT CFS for MICT Terminal exports and at Exim yard for CT-I, CT-3 and CT-4 Terminal exports. The amended procedure is a standing order effective immediately.

Revision of Standard Input-Output Norms updates component entitlements and prescribes formula-based adjustments for laminate exports.
SIONs H-68, H-301 and H-302 amend component-wise import entitlements for decorative laminates, specifying per-square-metre quantities for kraft/base/barrier/tissue papers, phenol, melamine, paraformaldehyde/methanol and BOPP film against standard thickness/weight. A proportional adjustment formula AxB/C governs permitted import quantities for specified inputs when actual thickness or weight differs; certain items remain fixed irrespective of thickness. Applicable thickness ranges are set for single-side norms, and revisions reflect reduced phenol consumption and inclusion of lower GSMs to facilitate exports.

Issuance of AT1 instruments: mandatory electronic issuance, QIB only participation and enhanced disclosures to address investor risk.
Perpetual non cumulative preference shares and innovative/perpetual debt instruments, treated as Additional Tier 1 (AT1) instruments, are non equity regulatory capital instruments with issuer discretion to write down principal or interest, skip payments or recall early. SEBI mandates issuance via the Electronic Book Provider platform, restricts primary participation to Qualified Institutional Buyers, prescribes minimum allotment and trading lot thresholds, and requires enhanced disclosures including trustee consents, detailed instrument terms and a Point of Non Viability clause enabling regulatory write down.

TIR Carnet processing requires customs verification, voucher controls, electronic recording, and prescribed handling of transit, import and export goods.
TIR Carnet transport operates as an international customs-transit arrangement for goods carried without intermediate reloading across borders, with part of the journey by road. Import and export consignments remain subject to ordinary customs assessment, examination and filing requirements. Each country entry-and-exit operation uses a white entry voucher and green exit voucher, with counterfoils retained in the carnet. Officers verify carnet validity, manifest conformity, supporting customs documents, containers and seals; complete vouchers and counterfoils; retain the applicable voucher; maintain records; and enter prescribed particulars in the TIR EPD system.

Nodal Directorate designation for Customs Post Clearance Audit mandates centralized coordination with monthly and quarterly submissions required.
The Directorate General of Audit is designated as the Nodal Directorate for Customs Post Clearance Audit, consolidating oversight of TBA, ThBA and PBA and expanding its charter to coordinate implementation, update the audit manual, study compliance and recoveries, ensure audit quality assurance, coordinate auditor training, develop an Audit Module in ICES, create a dedicated internal vertical, report to the Member (Customs), and produce monthly and quarterly reports and a quarterly bulletin on audit performance and findings.

Mutual fund product labeling requires a six level Risk o meter, monthly disclosure and unitholder notification for changes.
The circular mandates depiction of a Risk-o-meter with six risk bands for mutual fund schemes, requires initial assignment at launch, monthly portfolio level evaluation and disclosure within ten days of month end, and scheme level annual reporting of risk and change frequency. Annexure A prescribes a numeric scoring methodology-credit, duration and liquidity metrics for debt; market capitalisation, volatility and impact cost for equity; specified rules for derivatives, REITs/InvITs, gold, foreign securities and fund-of-fund holdings-aggregated by AUM and mapped by thresholds to the six Risk-o-meter levels. Changes must be notified to unitholders and are not treated as fundamental attribute changes.

Dividend option disclosure: clarify that dividends may include return of capital from the equalization reserve, with segregation in statements.
Mutual fund dividend options must be renamed and disclosed to clarify that amounts paid under the dividend option can be distributed out of investors' capital (Equalization Reserve), representing realized gains in the sale price; AMCs must state this in offer documents and ensure consolidated account statements segregate income distribution (NAV appreciation) from capital distribution when distributable surplus is paid.

Listing timeline standardization for privately placed securities mandates prompt listing and penal consequences for delay.
Issuers must follow standardized timelines-closure at T, receipt of funds by T+2 trading day, and allotment with listing application by T+4 trading day-and depositories shall activate ISINs for privately placed debt securities only after stock exchange listing approval; new re issuances should be credited to a temporary frozen ISIN and moved to the existing ISIN upon listing approval.

Monitoring of foreign holdings in depository receipts ensures regulated issuance and daily headroom reporting by depositories.
Framework requires a listed company to appoint one Indian depository as the Designated Depository to compute, consolidate and disseminate ISIN-wise DR information. Domestic Custodians must provide initial and ongoing DR details, maintain underlying permissible securities in a prescribed demat sub type, and report approvals and utilisation for re issuance. Designated and Feed Depositories shall exchange daily investor wise holdings, consolidate outstanding permissible securities, calculate conversion headroom (original DRs less outstanding securities and unutilised re issuance approvals) and publish headroom on their websites.

Undertaking cum Indemnity bond deadline extended; exchanges may modify bond and must notify members accordingly.
Extension of the deadline for Trading Members and Clearing Members to submit the Undertaking cum Indemnity bond for all bank accounts by one month, with Stock Exchanges and Clearing Corporations required to obtain bank account lists, permit modification of the draft undertaking as needed, and notify and publish the revised requirements; issued under SEBI's regulatory authority to protect investor interests and regulate markets.

Relaxation in timelines extended for regulated market intermediaries, easing compliance deadlines for call recordings, KYC uploads, and cyber audits.
SEBI extended relaxation of timelines for specified compliance obligations of trading members, clearing members and related entities, covering maintenance of client order call recordings, upload of client KYC application forms and documents to the KRA system, and completion of the Cyber Security & Cyber Resilience Audit; Stock Exchanges and Clearing Corporations must notify members and publish the extensions, with other prior conditions remaining applicable.

Valuation discretion for COVID-related debt restructuring permitted; conservative valuations required when agencies disagree for mutual fund securities.
Valuation agencies engaged by AMCs/AMFI may, where restructuring proposals are solely due to COVID-19 stress, refrain from recognising such restructuring or non-receipt of dues as default for valuation of money market and debt securities. Debenture Trustees, issuers and lenders must immediately communicate restructuring proposals to investors, valuation agencies, credit rating agencies and AMFI, which shall disseminate the information to members. Valuation must reflect changed terms, issuer stress and repayment capacity; if two agencies differ, the conservative valuation prevails. AMCs remain responsible for true and fair valuation under fair valuation principles and regulations.

Sea cargo rules now require ICEGATE registration and electronic filing of arrival, departure and inland manifests with CIN tracking.
The Regulations require registration on ICEGATE and mandate electronic filing of arrival (SAM), departure (SDM/SDN) and inland (CIM AR/DP) manifests, allow CSN filings by notified carriers or aggregation by ASCs/ASAs, introduce national CG and T bonds for container and transhipment movements, and implement CINs (PCIN/MCIN) to link cargo across stages, with phased mandatory timelines, transitional provisions, reduced bond amounts and specified exemptions.

Domestic procurement compliance: AROs must list and have endorsed supplier location details for steel procured at export parity price.
AROs for domestic procurement of steel at export parity price by MSME exporters of EEPC must include the Service Centre/Distributor/Dealer/Stockyard details of the domestic steel producer, duly countersigned by EEPC, and the Regional Authority shall endorse these details on the ARO at the time of issue to enable administration of the procurement scheme.

Quota allocation for Urad import: equal distribution to previously allotted eligible applicants; imports must arrive by deadline.
The quota of 1.5 lakh MT of Urad shall be distributed equally, or for the quantity applied, only amongst the eligible and verified applicants who were allotted quota for import of Urad in June, 2020. DGFT reserves the right to make any changes in allocation, and applicants found non-existent or to have submitted false information/documents during field inspections will be excluded. Eligible applicants must ensure import consignments reach Indian ports by the prescribed deadline; no extension requests will be entertained.

Irrevocable Commercial Letters of Credit submission requirement for assessing export eligibility of onions; submission does not confer export rights.
Directs exporters to submit copies of Irrevocable Commercial Letters of Credit (ICLCs) opened on or before the day preceding the export prohibition to their jurisdictional Regional Authority by the deadline; only complete and timely submissions will be considered for assessment under Para 1.05(b) of the Foreign Trade Policy. Submission is for assessment purposes only and does not confer any right to registration or to export onions, and Regional Authorities shall not register or act on the submitted copies without further directions from the Competent Authority.

e-Office implementation requires searchable PDF communications and contact details for electronic acknowledgement and reference.
Launch of e-Office in the Office of the Commissioner of Customs (Preventive), Jamnagar introduces a paperless electronic records and workflow system to enhance efficiency, transparency, accountability and data security. Taxpayers are asked to send communications as searchable PDF files and to provide mobile numbers and email addresses to receive electronic acknowledgement and an allotted Diary Number for future reference; trade bodies are asked to circulate the notice and report implementation difficulties or suggestions.

Preferential duty claims require accurate certificate-of-origin declarations and complete bill-of-entry data under trade agreement origin rules.
CAROTAR, 2020 requires an importer or authorised agent claiming preferential duty under a trade agreement to file specified declarations with the bill of entry. Accurate declaration of the certificate of origin issuing authority and country-of-origin details is essential for risk assessment. Importers and Customs Brokers must comply with the rules and correctly enter all relevant bill-of-entry data.