India's G20 trade engagement promotes a rules-based, open and non-discriminatory multilateral trading system while preserving policy space for developing countries. Bilateral discussions seek to expand opportunities for farmers, fishermen, women entrepreneurs, startups, MSMEs and other enterprises. India-United States engagement is intended to advance a balanced Bilateral Trade Agreement and an interim trade deal, alongside investment and industry outreach promoting manufacturing partnerships with Indian enterprises.

Rough diamonds may be imported into the Special Notified Zone only by eligible foreign mining companies through air cargo, supported by an invoice, packing list, insurance documents and Kimberley Process Certificate. Customs examination, carat-weight reconciliation, sealing and secure custody are required before viewing or sale. Sales may be conducted only for complete lots, without sub-lot sales or mixing. The mining company's sale invoice forms the basis for customs valuation, and buyers require bill of entry clearance, duty payment and out-of-charge permission before removal. Unsold diamonds must be re-exported through a shipping bill within the stipulated period.

Specialised Securities Appellate Tribunal review covers stock-exchange listing refusals or inaction and post-commencement orders under the market-regulation and depository frameworks. The Tribunal may alter listing refusals, decide unresolved listing applications, and confirm, modify or set aside appealable depository orders. It follows natural justice, exercises specified civil-court-like procedural powers, and permits representation by appellants, officers and specified professionals. Limitation principles apply, civil-court jurisdiction and injunctions are barred for matters within Tribunal competence, and further appeals on factual or legal questions may be made to the High Court.

Financial-sector cooperation covers local-currency settlement, integration of payment and messaging systems, and central-bank digital currencies, with steps to support timely implementation for more efficient, accessible and resilient bilateral trade and investment. The UAE-India Fast Track Mechanism remains available for addressing outstanding concerns affecting investments and companies in both jurisdictions, and the parties agreed to support timely resolution of such matters.

All sea-cargo stakeholders must register and apply through ICEGATE to operate under the Sea Cargo Manifest Regulations. During the transition period, they must test new-format messages and manifests alongside existing-format submissions. Entity-specific requirements apply: other notified carriers need a registered National Surety Bond; terminal operators and custodians receive auto-approval, with custodians first onboarding ICEGATE MFTP; and transhippers must execute a transhipment bond. Entities undertaking multiple roles need separate applications, and approval queries may be answered online, with additional documents examined manually where required.

For persons subject to audit and covered by serial number 2 in the table below Explanation 2 to section 139(1) of the Income-tax Act, 1961, the income-tax return filing due date for Assessment Year 2026-27 is extended to 21 November 2026. The specified date for furnishing the audit report for the same persons is correspondingly extended to 21 October 2026.

International transhipment of imported LCL cargo requires prior Customs permission, accurate manifest classification, and Customs-supervised unloading, segregation, storage and re-stuffing within a secure approved Container Freight Station. Local, foreign-bound transhipment and Inland Container Depot cargo must be separately identified, accounted for and moved under their respective procedures. Custodians must maintain prescribed records, prevent intermixing, execute a general bond for foreign-bound cargo, and ensure transhipment, delivery or onward movement within 30 days. Cargo remaining uncleared is subject to reporting, notice and disposal procedures.

Rejection of charitable registration and tax-exemption approval applications solely for non-compliance with notices is unsustainable unless proper service is established. Portal printouts showing that notices were issued, without identifying the service date or the applicant's email ID, do not prove effective service. Applicants must receive a reasonable and fair opportunity to submit supporting documentary evidence before adverse action. The applications require fresh determination after adequate notice and opportunity of hearing.

Section 15A of the Industries (Development and Regulation) Act, 1951 permits investigation into restarting an industrial undertaking owned by a company in liquidation when its business is not continuing at the time the prescribed opinion is formed, regardless of the duration of closure. The required opinion must rest on material rationally connected to public interest and to production, supply or distribution. No prior hearing is required because an investigation only examines the possibility of restarting and imposes no immediate adverse civil consequence. Section 15A contains sufficient legislative guidance and does not offend Article 14; failed commercial negotiations or prior proceedings alone do not establish mala fides.

Coordinated customs enforcement targeted an organised gold-smuggling network that used courier consignments to distribute foreign-origin gold after cross-border entry. The operation led to seizure of 6.61 kg of gold bars under the Customs Act, 1962, and arrests of eleven associated persons. The network allegedly split gold into small consignments and used paper entities or persons without legitimate gold transactions to conceal distribution through courier channels.

Consideration for operating and arranging outbound package tours is not subject to service tax where tourist consumers consume the tours outside Indian territory. Taxability under the service-tax regime depends on the nature of the service and its territorial consumption. Although arranging outbound tours may fall within the amended definition of tour operator service, the overseas consumption of the tour prevents the consideration from being taxed as a domestic taxable service. Established decisions on the same issue support non-taxability of outbound package-tour consideration.

Trust and Company Services Providers undertaking leasing activities permitted by the Authority may establish trusts, companies, limited liability partnerships and other body corporates; arrange fiduciary or corporate appointments; and provide registered office, business, correspondence or administrative addresses where applicable law permits. Additional services may be undertaken only where permitted by the Authority.

Regulation 10L requires every Trust and Company Services Provider to identify conflicts of interest arising in the course of its business and, wherever appropriate, disclose them. Each provider must also maintain a documented conflict management policy, establishing a formal framework for identifying, disclosing and managing business-related conflicts.

Every Trust and Company Services Provider must maintain professional indemnity insurance cover commensurate with the scale and risk profile of its business. The cover must protect against claims arising from negligence, errors, omissions, or breach of duty. Compliance requires insurance protection calibrated to the provider's business scale and risk profile.

Trust and Company Services Providers that contravene applicable regulatory provisions, guidelines, circulars or directions are liable to enforcement action under the Act, including suspension or cancellation of registration. Before enforcement action arising from regulatory default is taken, the provider must be afforded a reasonable opportunity to be heard through written submissions.

Classification of hydrogen-cylinder skid vehicle rentals as a deemed sale or a taxable supply of tangible goods for use depends on the invoices evidencing the transaction's true nature. As those invoices were unavailable and had not been verified, service-tax liability remained undetermined. Fresh examination of the invoices is required through remand for fresh adjudication.

Trust and Company Services Providers must furnish operational information to the Authority in the prescribed manner, at prescribed intervals and in the prescribed form. Financial reporting to the Authority must be made in US dollars unless it specifies otherwise. The applicable reporting format, periodicity and any alternative reporting currency remain subject to the Authority's directions.

Trust and Company Services Providers may render services only to a Service Recipient that is a non-resident located in a jurisdiction not identified in the Financial Action Task Force public statement as a high-risk jurisdiction subject to a call for action. Services listed in the Fifth Schedule may be provided to an IFSC-based special purpose vehicle as the primary service recipient, notwithstanding Indian resident involvement. Contractual and fiduciary obligations are owed only to that special purpose vehicle.

Trust and Company Services Providers must appoint a Principal Officer and a Compliance Officer. Both officers must be based in an International Financial Services Centre and engaged as full-time employees. Each appointee must hold a professional or postgraduate qualification in finance, law, commerce, or a related field. The Principal Officer must additionally have at least five years' post-qualification experience in financial services activity. Existing Compliance Officers may be redesignated only where prescribed minimum requirements are satisfied.

Trust and Company Services Providers must maintain proportionate governance frameworks, internal audit or independent review mechanisms, and effective AML/CFT and KYC controls. They must keep accurate and accessible client, entity, service and constitutive records, retain them for at least five years after the client relationship ends, and apply data-security and confidentiality safeguards. Segregation of duties is required across client acceptance, service delivery, transaction execution and compliance oversight. Permitted leasing services must be maintained as a distinct and adequately resourced business line.