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Tariff values for specified imported edible oils, brass scrap, gold, silver and areca nuts are substituted under the customs valuation framework. The revised tables prescribe tariff values for crude and refined palm oils, palmolein, crude soybean oil and brass scrap on a per-metric-tonne basis; for eligible gold and silver, including specified bars, coins, findings and semi-manufactured silver, on specified weight bases; and for areca nuts. The notification takes effect from 1 August 2026, replacing the corresponding tables in the existing tariff-value notification.

Umarwada, Ankleshwar, Bharuch, Gujarat, is added to the notified Inland Container Depots under the Customs Act framework. The location is authorised for unloading imported goods and loading export goods, including any specified class of such goods. This amends the Customs notification governing places approved for customs handling of import and export cargo.

Anti-dumping duty on imports of untreated fumed silica from China PR is extended under Notification No. 66/2021-Customs (ADD). The duty will remain in force up to and including 10 February 2027, unless it is revoked, superseded, or amended earlier. The amendment inserts a new paragraph overriding the earlier duration provision in paragraph 2 of the principal notification.

Renewal approval permits OSCAR Freight Pvt. Ltd. to operate export bonded trucking for air cargo from Air Cargo Complex, Kolkata to customs-notified airports, ICDs, AFSs and CFSs within India. The permission remains valid for three years or until bond validity expires, whichever is earlier, and restricts movement to closed-body trucks under ECTS seal. Bond debit applies when cargo is collected and credit upon delivery to destination Customs; the transhipper bears liability for shortages or pilferage, including the goods' value and applicable interest, penalty and cess. Bank guarantee submission is waived based on the stated prior transshipment volume. Operations remain subject to specified customs transit, cargo-handling and foreign trade requirements, and permission may be renewed or withdrawn after notice and an opportunity of hearing.

M/s. Sattva Hi-Tech & Conware Pvt. Ltd. is appointed as custodian of imported goods landed at Kamarajar Port, Ennore and received at its container freight station until clearance for home consumption, warehousing or transhipment under the Customs Act, 1962. It is also appointed custodian of export cargo brought into its premises until export from that port. The custodian must comply with section 45 of the Customs Act, the Handling of Cargo in Customs Areas Regulations, 2009, and applicable rules, regulations and instructions. The appointment takes effect from 30 July 2026.

The specified Container Freight Station premises are declared a Customs Area for handling imported FCL and LCL cargo arriving from Kamarajar Port, excluding passenger unaccompanied baggage, and for handling export cargo until export. The declaration incorporates the areas and specifications previously notified, including earlier additions and partial de-notification. Import and export cargo must be handled in accordance with the Handling of Cargo in Customs Areas Regulations, 2009, and applicable Chennai Custom House public notices. The declaration takes effect on 30 July 2026.

Notification No. F. A 3-13-2017-1-V (4) Dated:- 3-2-2026 Madhya Pradesh SGST
Dr. R. K. Sharma, Additional Commissioner of State Tax, Head Office, Indore, is appointed as Appellate Authority for Indore Zone-01 and Jabalpur Zone under the Madhya Pradesh Goods and Services Tax framework. The officer shall exercise all powers and perform all duties assigned to the Appellate Authority for the specified territorial jurisdiction. Earlier appointments on the subject stand superseded to the extent of this appointment, subject to the stated exception.

Circular No. 24/2026-27 Dated:- 3-8-2026 Public Notice Dated:- 3-8-2026 Public Notice
Tariff Rate Quota allocation under the India-Oman Comprehensive Economic Partnership Agreement is opened for specified imports for financial year 2026-27, subject to product-specific quota limits and the procedure in Annexure-VIII of Appendix 2A of the Foreign Trade Policy, 2023. Marble-block applicants must submit a Chartered Engineer certificate on processing capacity, machinery and prior production; marble-product applicants must provide a valid pre-purchase agreement with an Oman supplier; and PET-flake applicants must furnish a Ministry of Environment, Forest and Climate Change no-objection certificate.

Notification No. CT-8-2-2026-Sec-1-V(CT)(5) Dated:- 26-2-2026 Madhya Pradesh SGST
Appeals before the Goods and Services Tax Appellate Tribunal may be filed up to 30 June 2026 where the appealed order was communicated before 1 April 2026. Orders communicated on or after 1 April 2026 are subject to a three-month filing period from communication of the order. The framework is deemed operative from 17 September 2025.

Circular No. PUBLIC NOTICE NO. 19/2026 Dated:- 1-7-2026 Trade Notice Dated:- 1-7-2026 Trade Notice
SCMTR filing is mandatory for stakeholders operating at New Mangalore and Karwar Ports. Following the proposed disabling of supplementary IGM/EGM processing from 16 June 2026, manifest and transhipment filings must be made only through the SCMTR module. Manual, automated and legacy-format filings for SCMTR-covered modules are not accepted, except in exceptional system-failure circumstances verified by the local Systems Manager.

Circular No. 23/2026-27 Dated:- 3-8-2026 Public Notice Dated:- 3-8-2026 Public Notice
Seven new Standard Input Output Norms are notified under the Chemical and Allied Products product group for specified pharmaceutical and chemical export products. The norms prescribe permissible import inputs and quantities, including inputs for Theophylline, Liraglutide injection, Lumefantrine, specified Meropenem formulations, and ophthalmic solution. Bulk-drug content in ophthalmic solution must conform to the Drug Manufacturing Licence. Regional Authorities may grant Advance Authorisations directly in eligible cases without individual reference to the Norms Committee.

Notification No. CT-4-2-1-2023-Sec-1-V-(CT) (9) Dated:- 31-3-2026 Madhya Pradesh SGST
The deadline for disposal of every covered pending appeal is extended up to 30 June 2026 under the Madhya Pradesh VAT Act. The extension applies to pending appeals under the Madhya Pradesh VAT Act, the Central Sales Tax Act, and specified allied State taxation laws that were required to be disposed of by 28 February 2027 or earlier under the applicable appeal-disposal provisions.

Notification No. CT-4-2-1-2023-Sec-1-V (CT) (10) Dated:- 22-4-2026 Madhya Pradesh SGST
Correction of the specified date in the Madhya Pradesh commercial tax notification replaces "28 February 2027" with "31 May 2026" in lines 7 and 13. The correction applies to the notification published in the Extraordinary Gazette on 31 March 2026.

A bona fide proportionate rights issue to existing shareholders, even at a price below prescribed fair market value, is presented as generally outside Section 92 where no real economic accretion arises. The shareholder's proportionate interest remains substantially unchanged, and the apparent benefit in newly allotted shares is offset by dilution in the existing holding. This position does not automatically extend to disproportionate allotments, subscriptions following renunciation or non-exercise of rights, or arrangements transferring economic value to selected shareholders.

Corp. Laws / SEBI / IBC
Dated:- 3-8-2026
PTI
Online astrology platforms were reported as lacking specific regulatory guidelines within the consumer affairs department. The RTI application sought information on alleged unfair trade practices, investigations, complaints, licences, approvals, and applicable rules. The National Consumer Helpline stated that it had not investigated because it functions as a grievance-resolution platform. A revised factual response was required on investigations and complaint data, while queries concerning regulation, licences, approvals, and related investigations were to be transferred to the public authorities likely to hold that information.

Corp. Laws / SEBI / IBC
Dated:- 3-8-2026
PTI
The proposed business combination would take Yellow.ai public through a definitive agreement with Bluerock Acquisition Corp., subject to customary closing conditions and shareholder approval. Bluerock intends to file a Form S-4 registration statement containing a proxy statement/prospectus for proxy solicitation and securities issuance in connection with the transaction. The communication is not an offer or solicitation and states that no securities offering may occur without compliance with applicable registration, qualification or exemption requirements. Transaction projections and anticipated benefits are forward-looking statements subject to material risks and uncertainties.

News and Press Release
Dated:- 3-8-2026
India-Uzbekistan cooperation is proposed through co-investment, co-manufacturing and co-innovation, supported by the Bilateral Investment Treaty to promote investor confidence and reciprocal investment. Priority sectors include mining, textiles, healthcare, agriculture, food processing, digital technologies and advanced manufacturing. Trade facilitation measures include reducing trade barriers, mutual recognition of standards, approvals, testing and certification, customs digitalisation and improved trade routes. Regulators and standard-setting bodies are expected to cooperate under a structured, time-bound economic partnership.

Notification No. F A 3-33/2017/1/V(11) Dated:- 4-6-2026 Madhya Pradesh SGST
Madhya Pradesh SGST rate-classification entries for specified beverages under tariff heading 2202 are amended. Schedule I, taxable at 2.5%, substitutes the tariff entries for serial numbers 150 and 151 with 2202 99 21, 2202 99 29, 2202 99 31 and 2202 99 39. Schedule III, taxable at 20%, substitutes entries for serial numbers 2 and 3 with specified tariff classifications. The amendments are deemed effective from 1 May 2026.

News and Press Release
Dated:- 3-8-2026
The Kisan Credit Card-Modified Interest Subvention Scheme provides concessional institutional credit to reduce farmers' interest burdens and improve timely working-capital access. The scheme is reported to support cropping intensity, multi-season cultivation, diversified crop portfolios, timely input use, and credit discipline through the Prompt Repayment Incentive. It also supports dairy, livestock, and fisheries-based income diversification. Credit-delivery measures include collateral-free lending, digital platforms, simplified applications, coverage expansion, and awareness campaigns. State-wise data tracks operative accounts, outstanding credit, and non-performing Kisan Credit Card accounts.

FEMA & RBI
Dated:- 3-8-2026
Banking inclusion is pursued by providing banking outlets within a five-kilometre radius of inhabited villages, with branch expansion permitted subject to rural-coverage requirements and continuing assessment of uncovered areas. Agricultural credit delivery uses digital loan, beneficiary-verification, processing and claim-settlement systems. Digital payment security measures require minimum controls for payment channels and include fraud-intelligence sharing, artificial-intelligence-based identification of money-mule activity, digital lending-app analysis, cyber-incident reporting, public awareness campaigns and electronic-banking training.

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