Person chargeable with duty must be the importer at importation; subsequent purchasers cannot be held liable where beneficial owner rules did not appl...
Prohibited importation of cosmetics without prior regulatory registration attracts seizure and confiscation; warehousing or re export claims do not cu...
Provisional release on security permitted where cash deposit plus bond secures differential duty; classification and treaty benefits referred for deci...
Customs Valuation Rule Sequence must be followed; single-comparator re-determination and penalties set aside without comparability or proof of mis-dec...
SEBI has revised the Monthly Cumulative Report format for mutual funds from June 2026 onwards to align reporting with the newly introduced scheme categories consolidated under the Master Circular. The updated MCR and MCR-SIF templates now require reporting across expanded scheme classes, including open-ended, close-ended, interval and SIF investment strategy categories, with specified data fields for schemes, folios, mobilisations, redemptions, net inflows or outflows, AUM, segregated portfolios and SIP activity. All other conditions under the existing Master Circular remain unchanged.
SEBI has revised the Monthly Cumulative Report format for mutual funds from June 2026 onwards to align reporting with the newly introduced scheme categories consolidated under the Master Circular. The updated MCR and MCR-SIF templates now require reporting across expanded scheme classes, including open-ended, close-ended, interval and SIF investment strategy categories, with specified data fields for schemes, folios, mobilisations, redemptions, net inflows or outflows, AUM, segregated portfolios and SIP activity. All other conditions under the existing Master Circular remain unchanged.
Note: It is a system-generated summary and is for quick reference only.
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