Specified authority under section 138 directs DGIT systems to verify PAN/Aadhaar and return income tax status flags.
The Board appoints the Director General of Income tax (Systems) as the specified authority under section 138(1)(a) to provide information to the Center for e Governance, Government of Karnataka. The Karnataka authority will supply PAN or Aadhaar with assessment year(s) to DGIT (Systems), which will respond with a "Yes/No/Not Available" income tax payee flag and the PAN against an Aadhaar where available.

Suspension of registration under CGST rules triggers notice, thirty-day reply requirement; proper officer may revoke or cancel.
Suspension of registration under sub-rule (2A) of rule 21A is to be effected where return comparisons show significant anomalies threatening revenue; intimation is sent in FORM GST REG-31 or published as FORM GST REG-17 on the portal. The taxpayer must reply within thirty days in FORM GST REG-18 explaining discrepancies or completing compliance. After reply or expiry, the proper officer reviews and may drop proceedings by FORM GST REG-20 or cancel registration by FORM GST REG-19, changing the GSTIN status to Active or Cancelled Suo-moto.

Government-supported Line of Credit enables export financing for a Maldives connectivity project, subject to Indian content and FEMA compliance.
A Government of India-supported Exim Bank Line of Credit finances exports for the Greater Male Connectivity project in Maldives, conditioned on Foreign Trade Policy eligibility and requiring that at least 75 percent of the contract price be supplied from India with up to 25 percent procured outside India. 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 remittances after full realization, subject to AD Category I bank compliance and existing instructions.

Suspension of registration where return discrepancies threaten revenue; electronic intimation and mandatory online reply may lead to revocation or cancellation.
Immediate suspension of registration applies where comparison of returns and supplier data reveals significant discrepancies threatening revenue, with electronic intimation of reasons and a requirement that the taxpayer explain why registration should not be cancelled within the prescribed reply period; taxpayers must respond online and the proper officer may revoke suspension or proceed to cancel registration after examining the response.

Agriculture Infrastructure and Development Cess requires mandatory exemption claims and revised electronic duty declarations for Bills of Entry.
Agriculture Infrastructure and Development Cess applies to imported goods unless an applicable exemption is claimed, and to petrol and high-speed diesel as excise AIDC. Bills of Entry must quote the relevant AIDC exemption notification, including for fully exempt goods. Customs AIDC claims require notification type "C" and additional duty flag "A", while excise AIDC claims require notification type "E" and additional duty flag "A". ICES incorporates the revised levy, exemptions and duty-calculation logic, requiring transitional verification of assessments and EDI calculations.

GST Appellate Tribunal appeal sanction is delegated for lower-value matters, while higher-value and composite orders require Headquarters decisions.
Additional Commissioners (Administration) and Deputy Commissioners (Administration), Anti-Evasion, are authorised to grant prior sanction for GST Appellate Tribunal appeals where the tax, input tax credit, differential amount, fine, fee, or penalty does not exceed the prescribed monetary threshold. The Headquarters retains the decision whether to appeal where that threshold is exceeded, including where a common appellate or revisional order decides multiple appeals and the amount involved in any one appeal exceeds the threshold.

End Use Certificate procedure for imported goods shifts to jurisdictional customs officers under the amended concessional duty rules.
Imported goods under the concessional duty regime require an End Use Certificate to be handled by the jurisdictional Deputy Commissioner of Customs or Assistant Commissioner of Customs under the Customs (Import of Goods at Concessional Rate of Duty) Rules, 2017. Notification No. 2/2021-Customs amended Notification No. 50/2017-Customs by substituting customs officers for earlier Central Tax or State Tax officers in specified entries and directing the jurisdictional customs officer to complete any pending action for earlier imports.

Revised disclosure formats for insiders under SEBI PIT Regulations require updated Forms B-D and dissemination by exchanges.
SEBI updated Forms B, C and D to incorporate inclusion of members of the promoter group and to replace the term employee with Designated Person, prescribing revised annexed templates for initial, continual and connected-person disclosures including reporting of open interest and derivative positions; stock exchanges must notify listed companies and publish the formats, while other previously stipulated conditions remain unchanged.

Export Council jurisdiction updated, revising address and product scope for RCMC issuance under foreign trade policy.
The Directorate General of Foreign Trade amends Foreign Trade Policy appendices to change the Electronics and Computer Software Export Promotion Council's registered/head office address and to list the product categories within its jurisdiction, thereby confirming the Council's authority to issue Registration-cum-Membership Certificates (RCMC) and to serve as an authorised issuing agency for Certificates of Origin under the policy.

Agriculture Infrastructure and Development Cess applied on imports; importers must quote notifications and use EDI flags to claim exemptions.
Introduction of Agriculture Infrastructure and Development Cess (AIDC) on imports is chargeable in addition to existing customs or excise duties, with valuation following customs valuation rules. ICES/ICEGATE system updates require mandatory quoting of the relevant notification serial numbers in the Bill of Entry and use of specified BE_DUTY flags (NOTN TYPE 'C'/'E' and Additional Duty Flag 'A') to claim customs or excise exemptions; excise AIDC applies to petrol and high speed diesel. Social Welfare Surcharge treatment and automated system adjustments for notified exemptions on gold and silver are implemented. Trade and officers must verify duty calculations during the transition and report discrepancies to the ICES helpdesk.

Master Circular for depositories consolidates SEBI rules on KYC, demat accounts, DIS controls, encumbrances and cyber security.
SEBI's Master Circular for Depositories compiles circulars up to October 31, 2020 into four parts (BO Accounts, DP related, Issuer related, Depositories related), standardizes KYC/PAN requirements and e KYC procedures, prescribes BSDA eligibility and charge caps, mandates DIS serialisation/scanning and timelines, limits permissible uses of Power of Attorney and requires SMS alerts for POA operated accounts, requires recording of NDUs and all encumbrances in depository systems, and imposes cyber security, audit, BCP/DR and disclosure obligations for DPs and depositories.

Mandatory uploading of import/export documents in e-Sanchit updated; many documents now uploadable by IECs and brokers.
The notice revises the list of mandatory documents for upload to e-Sanchit (Annex I) and identifies a limited set of document codes to remain PGA-only (Annex II). All other document codes can be uploaded by the IEC or Customs Broker; PGAs may upload only for IECs registered on ICEGATE. BE Statement amendments claiming exceptions must be filed at item level (Invoice Sl. No. and Item Sl. No.), online using Amend Code S_STMT or via service centre. Systemic checking at OOC is disabled for BEs filed before 23.01.2021.

One-time customs inspection waiver: option to pay duty without physical inspection for debonding IT/ITES SEZ units.
Exiting IT/ITES SEZ units may opt to pay applicable customs duty without physical inspection of duty free goods if they furnish all relevant import and related documents to establish identity; this simplifies de bonding. For goods procured on payment of duty and supplied back to the domestic market after being procured from the domestic tariff area, movement may be on invoice only and filing of a Bill of Entry is not required. However, goods imported into the SEZ on payment of duty and later cleared into the domestic tariff area are treated as imports into the domestic tariff area and require a Bill of Entry.

E-Tariff Rate Quota system mandated for TRQ imports; licences to be issued electronically and shared with customs.
All applicants for Tariff Rate Quota (TRQ) must submit and, where applicable, amend applications electronically through the e-Tariff Rate Quota (e-TRQ) module on the DGFT Import Management System; previously submitted applications will be migrated automatically. TRQ licences will be issued only in electronic form and licence data will be transmitted to Customs, with no paper TRQ import licences issued. Support materials and helpdesk channels are provided on the DGFT portal.

Agriculture Infrastructure and Development Cess introduced on imports and excisable goods; EDI updated and BE notification quoting required.
AIDC has been introduced on imports and certain excisable goods effective 02-02-2021 and is additional to other customs or excise duties. AIDC on imports is calculated on the same value basis as customs duty. Importers must quote relevant notification Sl. Nos. in the Bill of Entry to claim rates or exemptions and set BE_DUTY flags: NOTN TYPE 'C'/'E' with Additional Duty Flag 'A' for Customs/Excise AIDC respectively. Excise AIDC applies only to petrol and high speed diesel. SWS is levied on AIDC except where Notification 13/2021 exempts specified gold and silver headings. Traders should verify duty calculations for entries on 2-3 February 2021.

Electronic import document compliance through e-Sanchit permits item-level exceptions and revised uploader responsibilities for mandatory records.
Mandatory electronic submission of prescribed import documents through e-Sanchit is governed by a revised tariff-heading-based list of document codes. Importers holding an Importer Exporter Code and Customs Brokers may upload all document codes except those temporarily reserved for Participating Government Agency uploading. Agency uploads require ICEGATE registration. Where a required document is inapplicable, the Bill of Entry Statement table may be amended online or through a service centre at item level, identifying the invoice and item serial numbers. Automated mandatory-document checking at the Out-of-Charge stage is disabled for Bills of Entry filed before the specified cut-off date.

Late fee waiver applies to delayed Bills of Entry affected by ICES downtime during Budget updation.
Late fees otherwise imposable for delayed filing of Bills of Entry are waived for consignments covered by Import General Manifests filed on 1 and 2 February 2021, where filing was affected by ICES system downtime for Budget updation. ICES services for Bills of Entry were enabled after updation on 3 February 2021, and implementation is to be treated as a standing order for officers and staff.

Late-fee waiver for delayed Bills of Entry applies where budget system downtime prevented timely filing.
Late fees for delayed Bills of Entry under the Bill of Entry (Forms) Amendment Regulations, 2017 are waived where ICES unavailability during the 2021-2022 budget update prevented timely filing. The waiver is confined to belated Bills of Entry pertaining to Import General Manifests filed on 1 and 2 February 2021, after which ICES services were restored.

Container seal mismatch procedures: certain prefix/leading-zero or interchange discrepancies can be recorded and resealed without full examination.
Standing Order 03/2021 prescribes that where a container's one-time-lock differs from the Bill of Lading due to leading zeros, missing/added carrier prefixes, or interchange among containers under the same Customs Transit Declaration or Bill of Lading, the Shed Superintendent shall record the actual seal number in CINS, apply the prescribed RFID/ECTS seal, and allow movement without 100% examination; other intact mismatches may be cleared on submission of an amended Bill of Lading from the shipping line, while remaining cases continue to be subject to examination and Customs may open seals on specific intelligence.

Agriculture Infrastructure and Development Cess on imports requires notification citation and specific BE duty flags for correct levy.
AIDC is introduced as an additional customs and, for specified excisable goods, excise levy, calculated using customs valuation and payable in addition to other duties. ICES has been updated and importers must quote relevant notification serial numbers in the Bill of Entry to claim AIDC exemptions; claim is mandatory. Excise AIDC applies only to petrol and high speed diesel. Filers must set BE_DUTY flags (Customs: NOTN TYPE 'C' and Additional Duty Flag 'A'; Excise: NOTN TYPE 'E' and Additional Duty Flag 'A'). SWS is leviable on AIDC with a system exemption for certain gold/silver CTHs.