Exit option to dissenting unitholders: structured tendering, escrow safeguards, lead manager due diligence, and prescribed exit price benchmarks.
An Acquirer required to provide an exit option must appoint registered lead manager(s) to send a Letter of Offer to all dissenting unitholders, file the LoF and due diligence certificate with the stock exchange(s), create an escrow (cash and/or bank guarantee) before tendering, conduct a five-working-day tender commencing on the seventh working day from Date of Intimation, pay accepted unitholders within three working days of tender close, and determine the exit price as the highest of prescribed benchmarks or a valuation where units are not frequently traded; proportional acceptance is required to maintain minimum public unitholding.

Exit option mechanism for dissenting unitholders under SEBI InvIT Regulations: prescribed process, valuation benchmarks and escrow safeguards.
Regulation 22(5C) and 22(7) require an acquirer to provide an exit option to dissenting unit holders; the circular prescribes appointment of registered lead manager(s) to prepare and disseminate a Letter of Offer, conduct due diligence and file certificates, use stock-exchange tendering and settlement mechanisms, create escrow by cash and/or bank guarantee, follow specified timelines for notice, voting, tendering and payment, compute the exit price by defined market and valuation benchmarks, and ensure proportional acceptance where public unitholding minima would otherwise be breached.

Veterinary Certificate requirement: one-time AQCS clearance allowed for certain milk products with sanitary certification.
The Department of Animal Husbandry and Dairying permits a one-time administrative AQCS clearance for certain milk products subject to fulfilment of sanitary and hygienic certification, with the relaxation being non-precedential; the Commissionerate has amended the public notice accordingly while leaving other provisions unchanged.

AGMARK certification requirement now mandatory before import of blended edible vegetable oils; non-compliance attracts customs penalties.
Imports of Blended Edible Vegetable Oils are allowed only in sealed, tamper proof packages not exceeding 15 kilograms, labelled as "Blended Edible Vegetable Oil" and bearing AGMARK certification; imports without AGMARK are prohibited. BEVO must comply with the Food Safety and Standards Act and related regulations, and clearance will follow the FSS (Import) Regulations, 2017. Non compliance with certification, labelling, packaging or import procedure may attract penal action under the Customs Act, 1962.

GST audit nodal officer appointment assigns additional duties with immediate effect pending further administrative orders.
Naresh Kumar, Assistant Commissioner, W-62, is appointed as Nodal Officer for GST Audit in addition to his existing official duties. The appointment takes immediate effect and continues until further orders, with prior approval of the competent authority.

Deemed approval of GST registration resumed; pending applications to be cleared before automatic approval by specified dates under revised timeline.
Deemed approval of GST registration under section 25(10) and rule 9 was suspended during the COVID lockdown and has now been restored: deemed approvals were granted for applications pending as on 30 June 2020 unprocessed till 15 July 2020; the three day deemed approval rule resumes from 1 August 2020. A special drive must dispose of pending applications by 30 July 2020, with daily monitoring through 28 July, and jurisdictional officers may perform physical verification for applications technically deemed during lockdown.

Faceless assessment facilitation: Turant Suvidha Kendras centralise bond and document verification for remote customs appraisal.
TSKs are established to facilitate the phased roll-out of faceless assessment by centralising receipt, verification, custody and electronic marking of Bonds, Bank Guarantees and physical documents uploaded to e-Sanchit. Officers have defined roles: senior officers accept Bonds/BGs and perform legal checks; superintendents supervise acceptance/cancellation; inspectors and tax assistants conduct scrutiny, maintain registers, ensure safe custody, scan and cross-reference documents, and mark verified/defaced items in the system. Workflow includes register entry, ICES job generation, dual hard copy and electronic acceptance, and retention/forwarding protocols for warehousing bonds. Single continuity bonds to be accepted only post roll-out.

Turant Customs contactless procedures: nationwide Turant Suvidha Kendras enable faceless assessment and electronic submission of trade documents.
Extension of Turant Suvidha Kendras to all customs formations to act as single point interfaces for electronic document verification under faceless assessment; electronic reliance on e Sanchit for assessment and CCV, limited physical submissions at TSKs with safekeeping procedures, continued verification during physical examination, ICEGATE functionality for online AD code and bank account registration with e Sanchit uploads and status dashboard, and automated ICES debit of bonds when bond details accompany the bill of entry.

Anti-profiteering screening committee nomination appoints an Additional Commissioner as the State Government officer under the Rajasthan GST framework.
The Chief Commissioner, State Tax nominates an Additional Commissioner, State Tax to act as an officer of the State Government on the State-level Screening Committee on Anti-Profiteering. The nomination is made under the Rajasthan Goods and Services Tax framework pursuant to the power to appoint officers and the related Finance Department notification.

Information sharing under tax law: designated income-tax authority to provide PAN-linked CTR data to FIU-IND for analysis.
The Principal Director General of Income-tax (Systems), New Delhi is designated as a specified income-tax authority to furnish CTR-related information to FIU-IND: where FIU-IND has PAN, specified fields including PAN, name, parent/spouse name, addresses, PAN creation date, DOB/incorporation date, last return year, income and turnover ranges and other requested information will be shared; where PAN is absent, a PAN database dump will be supplied to enable subsequent sharing of the specified data fields.

Listing financials relaxation - issuers may use Dec 31, 2019 financials for imminent NCD/NCRPS/CP listings due to audit delays.
SEBI permits listed issuers who issued NCDs, NCRPS or CPs on or after July 1, 2020 and intend to list them on or before July 31, 2020 to use available financials as of December 31, 2019 for listing purposes, addressing delays in finalising annual accounts for the year ending March 31, 2020. The relaxation is subject to the SEBI ILDS and NCRPS Regulations, related circulars, and the Companies Act, 2013, and stock exchanges must notify and disseminate the circular.

Faceless assessment facilitation: single-point TSK to verify e-Sanchit documents and manage bond acceptance for imports.
A Turant Suvidha Kendra at Mundra is established to support faceless assessment by accepting bonds, verifying documents uploaded on e-Sanchit, and performing physical actions like defacement and debiting where required. Importers must upload supporting documents to e-Sanchit before presenting originals; TSK officers will match soft copies to originals, record verification and defacement/debiting in the ICES system, and make confirmations available to Assessment and OOC officers. The TSK will accept a wide range of bonds and will acknowledge all documents received.

Turant Suvidha Kendra centralises bond acceptance and document verification to enable system based faceless assessment processing.
A Turant Suvidha Kendra at Mundra centralises acceptance of various import related bonds and physical document handling to support faceless assessment. Importers must upload supporting documents to e Sanchit before presenting originals; TSK officers will match electronic uploads with originals, perform defacement/debiting where required, and record verification outcomes in ICES so Assessment and CCV officers can rely on system confirmations, while examination stage validations with goods continue as before.

All Industry Rates of Duty Drawback updated: higher rates for footwear and gold, reclassification of vinyl sulphone ester, AMT cars included.
Amendments to the All Industry Rates (AIRs) of Duty Drawback increase AIRs and caps for specified leather footwear and gold jewellery, rationalise rates for silver jewellery, reclassify Vinyl Sulphone Ester to a corrected tariff item while preserving its rate and cap, and broaden motor car tariff descriptions to include Automated Manual Transmission so AMT cars can claim the same AIRs as Manual Transmission vehicles; the Board requires issuance of public notices and reporting of implementation difficulties.

Import authorization restrictions for power tillers impose eligibility, cap and technical compliance requirements for importers.
Allocation of import authorizations for power tillers is limited by a cumulative cap of 10% of prior year import value per firm (including components). Only manufacturers with at least three years' business presence and minimum historical sales qualify. Authorizations require valid type/batch test reports from the designated testing institute, emission approval, CMVR compliance, and proven infrastructure for training, post sales service and spare parts. Imported tillers must meet IS: 13539 or higher specifications.

Faceless assessment facilitation: Turant Suvidha Kendra to accept bonds, verify and digitise import documents for centralized processing.
A dedicated Turant Suvidha Kendra at JNCH will, ahead of phased faceless assessment rollout, accept and manage Bonds and Bank Guarantees, perform verifications referred by Assessment Groups, deface/debit physical documents uploaded in e Sanchit, and forward originals to Bond/BG cells after scanning. The Order assigns supervisory and operational duties to Assistant/Deputy Commissioner, Appraisers, and Examiners/Tax Assistants, prescribes ICES job number generation and system acceptance, requires acknowledgement of received documents, and mandates retention of scanned records cross referenced to Bill of Entry.

Turant Suvidha Kendra document handling: physical verification and electronic recording ensure custody, bond management and CCR compliance.
Turant Suvidha Kendra procedures set out verification, defacement, debiting and custody of physical supporting documents while integrating ICES and e-Sanchit: TSK_OFF role permits view of BEs, bond management and defacement marking, but BEs are not routed to TSK and traders must present hard copies when physical action is needed. Verification remarks and DRN/IRN must be recorded in system only after upload; docks staff remain responsible for CCR compliance prior to Out of Charge. Bonds/BGs accepted by AC/DC TSK are to be stored in designated vaults with registry entries and location codes; Appraising Officer is custodian assisted by EO/TA. Disputes on applicability of documents are to be handled by Assessment Groups and daily pendency reports must be published.

Faceless assessment support centralises bond acceptance, document verification, defacement and debiting through a dedicated single-point interface.
Turant Suvidha Kendra supports faceless assessment through a single-point interface by accepting bonds and bank guarantees, undertaking referred verifications, and processing document defacement and debiting. Importers must upload documents on e-Sanchit before presenting originals where physical verification is required. TSK officers compare original documents with electronic copies, record defacement, debiting or verification in ICES, and process originals accordingly. Assessment and compliance verification are conducted using uploaded records, while documents requiring validation against goods continue to be verified at examination.

Electronic registration and automated customs processes enable online AD code/bank updates and automatic bond debit after assessment.
Exporters may request online registration or modification of Authorised Dealer (AD) Code and bank account details through ICEGATE, submit supporting documents electronically, and track approval; Customs officers must complete ICES approvals the same working day if requirements are met. ICES will automatically debit bonds after assessment when bond details are provided at Bill of Entry submission. First-check BE workflow is automated so BEs marked complete by shed officers queue to assessing officers, appraising officers can return incomplete reports by entering "N", and CFS code handling in SUP queue uses 'NOCFS' with SUP-role entry of CFS codes.

IGST refund module for courier exports: upload CSBs in ECCS, XML ICEGATE ICES validation, scroll generation and PFMS payment.
The advisory mandates courier companies upload manual CSBs in ECCS using a prescribed Excel template; ECCS validates and converts approved files to XML, ICEGATE performs basic XML validation and forwards data to ICES for GSTIN validation, after which ICES generates a scroll that moves to PFMS for refund payment. Rejected files are returned for amendment and re-upload. Designated Deputy/Assistant Commissioners and a Superintendent are assigned responsibilities for scroll generation, monitoring uploads/validation, and ensuring exporter bank details are updated.