EGM filing responsibility: Steamer agents and exporters must file and correct EGMs promptly for drawback clearance.
Delays in drawback sanction result from missing or erroneous EGMs for Shipping Bills; the operational duty lies with steamer agents, main line operators, CHAs, exporters and freight forwarders to file complete EGMs and promptly rectify listed errors (such as date, container, packet, duplication, omission and sailing report discrepancies). Shipping agents must submit supplements, amendments or deletions and approach the EDI Section Superintendents with Shipping Bill particulars and Bills of Lading to clear backlogs and enable forwarding of Shipping Bills for drawback processing.

Food import inspection protocol: random and compulsory sampling govern clearance, laboratory testing and reporting requirements.
The Commissionerate sets a two-tier clearance regime: high-risk and perishable food consignments require sample drawing and testing with specified categories subject to 100% sampling; other items undergo sampling of the first five consecutive consignments per manufacturer/exporter, referral for laboratory testing, potential switch to random checking if conforming, and reversion to compulsory checking on test failure. Customs must maintain a database of imports and test results, share it with relevant ministries, and ensure consignments enter designated examination areas for supervised sampling.

Physical verification of gold: trustees must report auditor confirmation and asset allocation compliance in half yearly reports.
Trustees must include in their half yearly report a statement confirming whether Gold ETF assets comply with the scheme asset allocation and whether the statutory auditor conducted physical verification of the underlying gold; this amends the trustee reporting annexure to add those two discrete reporting items and requires trustees and AMCs to capture and transmit the auditor's confirmation in periodic reports.

Anti-dumping duty on CKD/SKD imports applies to compact fluorescent lamps imported unassembled or in parts under classification rules.
Clarifies that anti-dumping duty on compact fluorescent lamps applies when CFLs are imported in CKD/SKD condition because the General Interpretative Rule treats an article as including incomplete or unassembled forms that retain the essential character of the finished article; therefore, anti-dumping duty applicable to the complete article is also leviable on CKD/SKD imports, including part shipments.

Duty-free import of samples limit increased for all exporters; aligns handbook with customs notification under trade policy.
Amendment to Paragraph 2.27 of the Handbook of Procedures increases the duty free import entitlement so that all exporters may import samples duty free up to the higher limit specified in the amended text, subject to the terms and conditions of the applicable Customs notification, replacing the prior arrangement that reserved the higher limit for the gems and jewellery sector.

Line of Credit conditions require majority Indian-sourced supplies and set timelines for letters of credit, declarations, and commission rules.
A foreign credit agreement provides a Line of Credit to finance specified project and supply contracts, requiring that at least 75 per cent of eligible contract value be supplied from India while up to 25 per cent of non consultancy goods may be sourced abroad. The agreement sets deadlines for opening Letters of Credit and disbursement, requires shipment declarations on prescribed forms, disallows agency commission under the LOC but permits exporter-funded commission subject to remittance rules, and directs Authorised Dealer Category I banks to notify exporters; directions are issued under foreign exchange law.

Company strike-off under Easy Exit Scheme allows defunct companies to apply for name removal with specified filings.
The circular reintroduces the Easy Exit Scheme, 2011 under Section 560 to enable defunct company to apply electronically for voluntary name strike off by filing Form EES, 2011 with professional certification, a sworn affidavit by directors, a notarised indemnity bond, and a recent certified statement of account; the Registrar will examine applications, give notice and opportunity for objections, notify relevant regulators when required, and, if satisfied, strike the name off the Register and publish notice in the Official Gazette.

Prohibition on export of edible oils clarified: specified exemptions and permitted branded-pack shipments subject to ceiling and conditions.
Prohibition on export of edible oils is in force under ITC(HS) Chapter 15 and has been extended; specified exemptions permit export of castor oil, coconut oil from Cochin Port, deemed exports of edible oils as input/raw material from DTA to 100% EOUs for production of non-edible goods for export, and oils from minor forest produce identified by ITC(HS) codes. Separately, branded consumer-pack exports in packs up to 5 kg are permitted through custom EDI ports subject to an aggregate ceiling; the prohibition and the branded-pack ceiling do not apply to the listed exemptions.

Dematerialisation requirement: exchanges may shift securities from trade-for-trade to rolling settlement upon demat and certification conditions.
Securities of companies that have established connectivity with both depositories may be shifted from Trade for Trade Settlement to Rolling Settlement if at least fifty percent of other-than-promoter holdings are dematerialised, supported by a certificate from the Registrar and Transfer Agent or, where no separate RTA exists, from a practising company secretary or chartered accountant, and if there are no other grounds for continuing Trade for Trade Settlement; stock exchanges must report actions in their monthly or quarterly development reports.

CVD refund re-credit processed manually where EDI lacks capability, subject to consolidated certificate and strict usage conditions.
Customs will permit manual registration and use of DGFT re credited duty scrips-based on a centralized consolidated certificate issued by the Commissionerate-where EDI cannot record such re credits; manual Bills of Entry may be filed to utilise re credited amounts subject to conditions: re credits are usable only for Basic Customs Duty and CVD (not for further CVD refunds), only Bills of Entry with duty less than or equal to the scrip balance qualify, no RA/TRA allowed, and centralized monitoring, documentation and pre audit procedures must be followed.

CVD refund re-credit authorised manually to clear pending claims, limited to payment of Basic Customs Duty and CVD only.
Customs permits manual registration and use of re-credited Duty Credit Scrips based on a Centralized Consolidated Certificate to clear pending four percent CVD refund claims where EDI cannot re-credit scrips; re-credit may be used only for Basic Customs Duty and CVD, not for the four percent CVD, and only for Bills of Entry whose duty does not exceed the scrip balance, subject to prescribed documentation, centralized CRC recording, verification, and pre-audit.

Bond-cum-Legal Undertaking monitoring required; developers and units must top up shortfalls; longer-term bonds permitted to cover projected requirements.
SEZ developers and units must monitor their Bond-cum-Legal Undertaking quarterly or annually using their progress or performance reports and furnish additional bond amounts for any shortfall. Units must cover duty liability for three months, developers must cover projected requirements, and either may elect to furnish a longer-term Bond-cum-Legal Undertaking (e.g., one or five years) to reduce monitoring frequency.

Bond wording revised for duty exemption under Advance License and EPCG, clarifying obligor compliance obligations.
The notice reissues the revised Form of Bond for duty exemption under the Advance License and EPCG schemes and amends the bond condition so it reads: "I/we, the obligor(s) fulfill all the conditions of the said notification and shall observe and comply with all its terms and conditions," thereby clarifying the obligor's obligation to meet and comply with the notification's conditions when furnishing the bond.

KYC and AML risk-based screening required; transactions with high-risk jurisdictions demand enhanced scrutiny and documented findings.
KYC, AML and CFT obligations under the Money Transfer Service Scheme require Authorised Persons (Indian Agents) to adopt a risk-based approach to cross-border inward remittances, using FATF Statements and publicly available information to identify jurisdictions that do not or insufficiently apply FATF recommendations, apply enhanced due diligence and ongoing monitoring, examine and document transactions with no apparent economic or lawful purpose, retain findings and records, and ensure Sub-agents comply; directions are issued under FEMA and PMLA and non-compliance may attract penal provisions.

KYC/AML obligations require enhanced due diligence for customers from FATF identified risky jurisdictions and documented transaction monitoring.
Authorised Persons in money changing must apply KYC/AML/CFT measures, consider FATF identified high risk jurisdictions and other public information, and give enhanced scrutiny to dealings with persons and entities from jurisdictions that do not or insufficiently apply FATF recommendations. They must conduct ongoing monitoring, investigate transactions lacking an apparent lawful purpose, document findings and retain records for regulatory inspection. These obligations apply to agents and franchisees, with the Authorised Person accountable for ensuring compliance; non compliance may attract statutory penalties.

MRP-based assessment excludes quantity discounts and bonus quantities, requiring enforcement of tribunal valuation guidance.
Clarification that MRP-based assessment excludes allowance for quantity discounts and bonus quantities; tribunal held such discounts apply under general valuation but not under MRP valuation. Officers must follow the tribunal order to protect revenue while a High Court appeal without stay is pending; trade to be informed and receipt acknowledged.

Classification of PXI Controllers as measuring and control systems with parts classed separately under tariff headings.
PXI Controllers used in measurement and automation are to be treated as complete measuring and control systems classified under Tariff Item 9032 89 10, while Input/Output Modules, Signal Converters and Chassis that serve as connectivity, housing or perform specific sensing and interfacing functions are parts of that system classified under Tariff Item 9032 90 00; the Board directs uniform assessment practice and finalisation of pending assessments in line with the cited Supreme Court order.

DEPB benefit entitlement for cotton yarn exports denied where the specific DEPB rate is suspended and residual entry inapplicable.
Exports of cotton yarn are not eligible for DEPB benefits because the DEPB entry for cotton yarn in the Textiles group was suspended, and the residual DEPB entry for Miscellaneous Products (Sl. No. 22D) applies only where SION exist but no DEPB rate has been notified; since the specific DEPB rate for cotton yarn has been suspended, cotton yarn exports cannot claim DEPB under either entry.

Allocation of debt limits to foreign investors via bidding and FCFS enforces maturity, infrastructure eligibility, and utilisation rules.
Additional FII investment capacity in government securities and corporate bonds (restricted to infrastructure issuers with residual maturity over five years) is allocated via competitive bidding and a first-come first-served window. Bidding rules set per-entity allocation ceilings, minimum bid sizes and tick sizes, and require authorisation where bids are made on behalf of multiple entities; FCFS allocations use a dedicated submission channel with a per-request cap and a non-utilisation charge tied to average successful bid premia. Utilisation and replacement timelines differ by instrument and route, custodians must confirm compliance and report fortnightly, and primary issue investments require committed listing within a short period.

Interval scheme rules require listing and restrict redemptions to specified transaction periods, with strict NAV cut-off and fund availability conditions.
Interval schemes must be listed and permit redemption only during a specified transaction period of minimum two working days, with each interval at least fifteen days; investments are limited to securities maturing on or before the opening of the next specified transaction period, including constraints on put/call residual periods. Uniform NAV cut-off rules require applications and full subscription funds to be credited and available for utilization before the cut-off without availing credit, with parallel requirements for switch-ins and for income/debt schemes.