Disbursal of drawback amounts is to be made into exporters' accounts through the Public Financial Management System (PFMS). The arrangement concerns electronic transfer of eligible drawback amounts to exporters' accounts through the prescribed financial management platform. The implementation directions operate as standing instructions for concerned officers, and operational difficulties may be raised with designated export appraising officers.

Arbitration petitions under Section 20 of the Arbitration Act, 1940 accrue when an arbitrable claim is made and repudiated, not merely on contractual breach or lease expiry; the petition was therefore within the three-year limitation period under Article 137. Section 15 of the Public Premises (Eviction of Unauthorised Occupants) Act, 1971 did not bar jurisdiction because a Section 20 petition seeks enforcement of an arbitration agreement rather than adjudication of eviction, rent or damages. Estate Officer proceedings did not prevent arbitration. Disputes over lease duration, rent enhancement and eviction during the claimed lease term required interpretation of the lease and fell within the arbitration clause. The agreement was filed and covered disputes referred to an arbitrator.

Industrial electricity tariff revision is proposed from 1 September for 33 KV and 11 KV consumers within the Damodar Valley Corporation command area. The increase is confined to the shared distribution-licence area, while a separate and higher tariff structure applies outside it. Steel and sponge-iron industry associations oppose the revision on the basis that it will raise energy costs and affect investment conditions. They seek withdrawal of the increase and request continuing supplies of high-grade coal and iron ore for sponge-iron production.

Form 140 reporting is questioned where recurring payments cross the aggregate TDS threshold during Q2. The issue is whether gross amount should be reported cumulatively from April to September at Rs.1,20,000 with TDS of Rs.2,400, or only for Q2 at Rs.60,000 while reporting the same TDS. Resolution depends on whether Form 140 requires cumulative reporting after threshold crossing or quarterly reporting of payments or credits, and on reconciliation with recorded manpower expenditure.

Export General Manifest compliance requires the person in charge of a conveyance carrying export goods to deliver the EGM to the proper officer before departure. Incorrect EGM filing can delay post-export incentives and other export benefits. The EDI system records EGM errors after Shipping Bills are filed and EGMs are delivered. Exporters and Customs Brokers are required to identify and rectify listed EGM discrepancies under the prescribed rectification procedure for availing post-export benefits and incentives.

Customised printing contracts are composite supplies whose tax classification depends on the principal supply. Printing of publisher-supplied content on books, pamphlets, brochures, annual reports and similar material, using paper and other inputs belonging to the printer, is principally a supply of services. Printed envelopes, letter cards, boxes, tissues, napkins, wallpaper and comparable articles made with the printer's physical inputs are principally supplies of goods, with recipient-provided designs, logos or content treated as ancillary printing elements.

ERAM automates customs exchange-rate publication and ICES integration for valuation of imported and exported goods under section 14 of the Customs Act. Bank-supplied Bill rates, adjusted to the nearest five paise, will be transmitted through ICEGATE, published online at 6:00 p.m., and apply from midnight of the following day until revision. Online publication replaces exchange-rate notifications from 4 July 2024. Where transmission or integration fails, prior rates remain operative temporarily, with automated alerts, nodal-officer monitoring, and manual intervention for prolonged unresolved failures.

GST on superior kerosene oil supplied for extraction of n-paraffin is payable only on the net quantity retained by the Linear Alkyl Benzene manufacturer. Where the remaining SKO is returned to the refinery, its return does not separately attract GST in that transaction. The refinery is liable for GST on returned SKO when it subsequently supplies that quantity to another person.

Rail-bound ICD containers under transshipment that are selected for scanning at the external DTCS-01 near PUB may instead be scanned at DTCS-02 or MXCS within the port. No separate permission from the Container Scanning Division is required for this in-port scanning arrangement. The revised procedure takes immediate effect, modifies earlier container-scanning directions to that extent, and operates as a Standing Order for concerned customs officers and staff.

Writ jurisdiction under Article 226 will generally not be exercised to resolve disputed facts concerning service of a show cause notice, hearing notice, or order-in-original where an efficacious statutory appeal is available. Allegations of non-service and denial of hearing, disputed by assertions of service through speed post, email, and the web portal, should be examined by the appellate authority. The petitioner was relegated to the statutory appellate remedy, with the appellate authority directed to consider on merits any request to exclude the time spent pursuing the writ petition.

Late fees for delayed filing of Bills of Entry are waived where importers could not file because the ICEGATE system was unavailable during updating of Union Budget changes in ICES. The waiver applies to belatedly filed Bills of Entry relating to Import General Manifests filed between 11:00 AM on 23 July 2024 and 4:00 PM on 24 July 2024. Concerned Deputy Commissioners and Assistant Commissioners must ensure compliance.

Cash capital contributions by partners to a partnership firm are considered as an income-tax compliance issue, focusing on whether partners may introduce capital in cash and the maximum cash amount that may be introduced.

Custom milling of paddy into rice on a job-work basis is a supply of service but is not exempt as an intermediate production process related to cultivation. Milling takes place after harvest, is ordinarily performed by rice millers rather than cultivators, and changes paddy's essential characteristics into rice. GST applies at the concessional rate applicable to job work relating to food and food products, calculated on processing charges rather than the entire value of rice.

Export General Manifest compliance requires delivery of the EGM to the proper officer before departure of a conveyance carrying export goods. Incorrect or unfiled EGMs may delay post-export benefits and incentives. Shipping Bills with EGM errors and pending EGM filings are identified for corrective action. Exporters, Customs Brokers, Shipping Lines and other concerned persons must rectify errors or file pending EGMs, as applicable, to enable post-export benefits and incentives.

India-Japan investment engagement focuses on increasing long-term Japanese institutional capital flows through an enabling business environment, intellectual property protection, policy reforms and integration with global value chains. Facilitation measures include simpler profit repatriation processes, improved access to Indian capital markets, greater regulatory predictability and a seamless cross-border investment environment. GIFT City is explored as a gateway for international capital and Japan-India investment flows.

India-Japan economic cooperation is directed toward deeper trade, investment, technology and business-to-business linkages, including economic security, supply-chain resilience, clean energy and innovation. Collaboration is focused on capital goods, machinery, automotive and advanced manufacturing, with stronger connections between Japanese enterprises and India's Tier-II and Tier-III suppliers, including Micro, Small and Medium Enterprises. Semiconductor manufacturing is identified as a significant investment area. The India-Japan Special Strategic and Global Partnership supports expanded engagement with manufacturing ecosystems, global value chains and resilient supply chains.

India-Cambodia trade and investment cooperation addressed trade diversification, market access, customs alignment, digital payments and investment facilitation. Discussions covered traditional medicine, e-governance, recognition of the Indian pharmacopeia, trade statistics, agricultural cooperation, banking and insurance. The parties agreed on an MoU on Customs Cooperation to promote uniform customs procedures and considered early completion and signature of the Bilateral Investment Treaty. UPI-KHQR payment integration, investment promotion, priority-sector cooperation and a private-sector feedback mechanism were also discussed.

Shipment or dispatch date determines the date of import for second-hand digital multifunction print, copying and scanning machines under the Handbook of Procedures; for sea consignments, the bill of lading date applies rather than the date of arrival at an Indian port. Where bills of lading predated the import-prohibition notification, the prohibition did not govern those consignments. The applicable prior position on equivalent imports therefore supported consideration of provisional release on payment of quantified enhanced duty.

The Memorandum of Understanding creates a cooperative framework for legitimate pharmaceutical exports and safeguards against diversion of narcotic drugs, psychotropic substances and controlled precursors. A voluntary, non-binding code of conduct will recommend industry practices without imposing obligations beyond applicable law. Cooperation includes identifying export bottlenecks, streamlining procedures for compliant exporters, capacity-building programmes, lawful and confidential information sharing, and nomination of company contact persons to coordinate voluntary compliance measures.

USD-INR forex swap facility for FCNR(B) deposits, overseas foreign-currency borrowings and external commercial borrowings enabled banks to access foreign-currency funding through a special swap window. FCNR(B) deposits formed the principal component of the reported foreign-exchange inflows, reflecting participation by non-resident Indians. The FCNR(B) window was scheduled for early closure after the stated mobilisation objective was achieved ahead of schedule, and the inflows were presented as strengthening external buffers through long-term non-resident deposits and institutional funding.