Import restriction for premium duck meat limited to supply to 3-Star and above operational hotels, others remain free.
Imports of Premium Duck Meat under ITC(HS) codes 02074200 and 02074500 are classified as Restricted only when imported pursuant to the DAHD OM and Department of Revenue Notification for supply to 3-Star and above operational hotels as per Ministry of Tourism notifications; other imports under these codes are 'Free'.

Minimum import price imposed on synthetic knitted fabrics, permitting imports only if CIF meets the prescribed threshold.
Imposition of a Minimum Import Price on specified synthetic knitted fabrics revises five Chapter 60 ITC(HS) import entries to prohibit ordinary imports while permitting consignments that meet a stated CIF value per kilogram; the measure is authorised under Section 3 read with Section 5 of the FT (D&R) Act, 1992 and relevant Foreign Trade Policy paragraphs and remains in effect up to 15th September 2024, with the prior 'Free' import policy resuming thereafter unless amended.

Online money gaming taxability: platform operators and cross border supplies are made liable for GST on specified actionable claims.
The Act inserts definitions for online gaming, online money gaming, specified actionable claim and virtual digital asset; deems organisers or platform operators of specified actionable claims to be suppliers liable to GST; makes cross-border supplies of online money gaming to persons in India taxable; and replaces "lottery, betting and gambling" with "specified actionable claims" in Schedule III, without prejudice to other laws regulating or prohibiting such activities.

Customs tariff amendment substitutes specified tariff list entries, applying from the start of the fiscal year and affecting exemptions.
The corrigendum amends Notification No. 60/2023-Customs by substituting entries in List 34A and stipulating that the substituted entries operate with effect from the commencement of the relevant fiscal year, thereby fixing the effective date for the substitution and replacing the prior published phrasing in the Gazette.

Export prohibition extended for De-Oiled Rice Bran, prolonging the ban and maintaining export restrictions under current policy.
Export prohibition on De-Oiled Rice Bran is extended by amendment to the Foreign Trade Policy, revising the policy condition for De-Oiled Rice Bran under ITC HS 2306 and thereby prolonging the existing export ban across that classification and any other HS codes under which the product could be exported.

News agency specification under section 10 clause confirms tax-exempt status where income is used solely for news collection and distribution.
The Central Government designates The Press Trust of India Limited, New Delhi, as a news agency qualifying for exemption under the Income-tax Act clause for the specified assessment period, conditional on the agency applying or accumulating its income solely for collection and distribution of news and not distributing income to its members.

Customs cooperation agreement: India notifies mutual administrative assistance with Armenia expanding customs information-sharing and assistance.
Amendment adds a new notified entry inserting an Agreement or Arrangement on Cooperation and Mutual Administrative Assistance (CMAA) in customs matters between India and the Republic of Armenia under Section 151B(2) of the Customs Act, 1962 by placing the Armenia instrument as S. No. 16A in the table of contracting states within Notification No. 58/2021-Customs (N.T.), thereby formalizing administrative cooperation and information-sharing for customs purposes.

Tariff value fixation updates import valuation for edible oils, metals and areca nut, affecting customs assessment and benefit eligibility.
Fixation of tariff values for specified imports amends the principal non tariff notification under section 14(2) of the Customs Act, substituting revised tables that set US dollar denominated tariff values for edible oils, palmolein, soybean oil, brass scrap, areca nuts, and defined forms of gold and silver, with clarified scope and exclusions for precious metal entries and an operative effective date.

Customs Tariff Amendment: third tranche under India UAE CEPA revises BCD, AIDC and quota schedules effective April implementation.
Amendment substitutes TABLE I, TABLE II and TABLE III of Notification No. 22/2022 Customs with updated tariff listings: TABLE I revises tariff items with corresponding Basic Customs Duty (BCD) rates; TABLE II sets selected tariff items with BCD and AIDC rates; TABLE III prescribes quota quantities, in quota tariff rates and AIDC rates with conditions. The changes are effected under section 25(1) of the Customs Act, 1962 to implement the third tranche of the India UAE CEPA and come into force on 1st April, 2024.

SWS exemption for EV imports under manufacturing promotion scheme effected by amendment to customs notification.
Amendment to Notification No. 11/2018 Customs adds, in the Table against Sl. No. 57, after item (iv) and before the words "of the Table", a new item (v) specifying column (3), sub-item (c) of item (2) of S. No. 526A, thereby extending the notification's exemption coverage to that specific tariff entry for electric passenger cars imported under the Ministry of Heavy Industries' manufacturing promotion scheme.

Customs concession for electric vehicles: specified tariff exemptions apply when imported under the MHI manufacturing scheme, subject to certification.
Prescribes concessional customs duty rates for electrically operated vehicles (heading 8703), distinguishing knocked down kits and complete imports, and provides a concessional treatment for vehicles meeting a minimum CIF threshold when imported under the Ministry of Heavy Industries' manufacturing scheme, subject to a sunset provision.

Special Additional Excise Duty on petroleum crude revised, new per tonne rate substituted and effective mid March.
Notification amends the principal excise notification to substitute the Table entry for Serial No. 1, column (4) with a revised per tonne rate for the Special Additional Excise Duty on production of petroleum crude, under statutory excise and finance provisions, effective 16 March 2024.

Anti-dumping duty continued on cast aluminium alloy road wheels from China, sustaining trade remedy to address dumping and injury.
Continuation of anti dumping duty on cast aluminium alloy wheels (12-24 inches diameter) from China PR is imposed after a review found continued dumping and injury. The notification supersedes the earlier order, prescribes producer specific and residual duty rates per unit, and states that the duty will be levied in Indian currency for five years, with exchange rates for calculation determined by notifications under the Customs Act and the bill of entry date as the relevant date.

Partly paid-up units inclusion expands 'unit' definition under non-debt instrument rules, subject to SEBI regulations.
An Explanation is inserted into clause (aq) of rule 2 of the Foreign Exchange Management (Non-debt Instruments) Rules, 2019 clarifying that unit includes partly paid up units permitted under regulations framed by the Securities and Exchange Board of India in consultation with the Government of India.

De-notification of SEZ land: central order removes specified parcels, altering the notified SEZ extent following approvals.
Central Government, acting under the enabling proviso to the relevant SEZ statutory provision and applicable SEZ rules, de-notifies specified survey parcels at Gachibowli Village proposed by M/s. DLF Info City Hyderabad Limited following State Government approval and Development Commissioner recommendation, thereby removing those parcels from the notified SEZ and recording the revised SEZ extent.

Aadhaar authentication permission for reporting entities enabling PMLA compliance after privacy and security validation.
The Central Government, satisfied that listed reporting entities meet the privacy and security standards of the Aadhaar Act, permits those entities to perform Aadhaar authentication for purposes of the Prevention of Money laundering Act after consultation with the Unique Identification Authority and the appropriate regulator, as recorded in S.O. 1339(E) dated 14 March 2024.

Leasing scope expanded to include ship leasing alongside aircraft under SEZ rules, effective on Gazette publication.
The Rules amend the Special Economic Zones Rules by substituting the words "aircraft leasing" with "aircraft or ship leasing" in the specified provision, thereby adding ship leasing to the regulated leasing activities; the amendment is made under the Act and comes into force upon publication in the Official Gazette.

Minimum Export Price for natural honey imposed; exports remain free but must meet MEP until further orders.
Exports of Natural Honey under ITC HS code 0409 00 00 remain free but are subject to a Minimum Export Price (MEP) of US$ 2000 per metric ton until 31 December 2024 or until further orders; the notification takes immediate effect and transitional arrangements under the Foreign Trade Policy apply.

Tariff Schedule Amendment updates customs duty rates and tariff concessions under the India-Mauritius CECPA for listed goods.
The notification substitutes TABLE 1 and TABLE 2 of Notification No. 25/2021-Customs to record the fourth tranche of tariff measures under India-Mauritius CECPA: TABLE 1 lists tariff item codes with descriptions and revised applied customs duty rates, while TABLE 2 lists specified tariff items and prescribes the extent of tariff concessions as percentage reductions of the applied rates. The Central Government issues the amendment under section 25(1) of the Customs Act and specifies the notification's commencement.

Customs tariff amendment expands scope to include smart rings, shoulder bands, neck bands and ankle bands under wearable device duty rules.
The amendment substitutes the description in the Table of the principal customs notification so that the phrase "(commonly known as smart watches);" is replaced with "(commonly known as smart watches) and other smart wearable devices including smart rings, shoulder bands, neck bands or ankle bands;", thereby bringing those additional smart wearable devices within the same tariff entry and duty/exemption framework.