Instruction No. 15/2026-Customs F. No. 401/11/2022-Cus.III Government of India Ministry of Finance Department of Revenue (Central Board of Indirect Taxes & Customs) Kartavya Bhawan-01, New Delhi Dated: 09-09-2026 To, All Principal Chief Commissioners/Chief Commissioners of Customs/Customs (Preventive)/Customs & Central Taxes. All Principal Commissioners/Commissioners of Customs/Customs (Preventive). All Pr. Director General/Director Generals under CBIC. Subjec... ... ...

MR. RAJESH SHARMA, HON'BLE MEMBER (TECHNICAL) AND MR. KISHORE VEMULAPALLI HON'BLE MEMBER (JUDICIAL) For the Petitioner : Mr. Kishore Vemulapalli For the Respondent : Ms. Ayesha Alwaria, Advocate ORDER Per: Rajesh Sharma, Member (Technical) 1. This is a Company Petition filed under section 9 of the Insolvency & Bankruptcy Code, 2016 (IBC) by Adonis Mobitrade Private Limited, ("the Operational Creditor"), seeking to initiate Corporate Insolvency Resolution Process (CIRP) against Sho... ... ...

Kottayam (Keralam), Sep 9 (PTI) Former Keralam Chief Minister and CPI(M) senior politburo member Pinarayi Vijayan, against whom the ED has sought an FIR under the anti-graft law, on Wednesday criticised the agency over its probe into the multi-crore-rupee Karuvannur bank scam, accusing it of trying to target and weaken the state's cooperative sector. Speaking at the centenary celebrations of a cooperative bank here, Vijayan said that while the state police was taking action against those accu... ... ...

Central Government de-notifies 1.4310 hectares from the Information Technology and Information Technology Enabled Services Special Economic Zone at Rachenahalli, Nagavara and Tanisandra villages in Bangalore district, Karnataka. Exercising powers under the Special Economic Zones Act, 2005 and rule 8 of the Special Economic Zones Rules, 2006, the total designated area stands at 17.7681 hectares.

Evidentiary scrutiny of conflicting historical trading data is required in the challenge to regulatory penalties arising from an alleged misleading open-market share buyback announcement. The Securities Appellate Tribunal must examine the discrepancy between the investigation report and exchange-furnished trading data, determine which data accurately reflects the trading position, and record specific findings on identified discrepancies. The allegations concern inadequate buy orders despite available sell orders, failure to utilise the prescribed minimum buyback size, and fraudulent conduct under unfair trade practices and buyback requirements.

SHRI PRASHANT MAHARISHI, AM AND SHRI RAHUL CHAUDHARY, JM For the Assessee : Shri Niraj Seth, Advocate For the Revenue : Shri Manoj Kumar, CIT DR ORDER PER PRASHANT MAHARISHI, AM: 01. This appeal is filed by The Dy. Commissioner of Income Tax, Central Circle, 7(3), Mumbai (the learned Assessing Officer) against the appellate order passed by The Commissioner of Income-tax (Appeals)-57, Mumbai [the learned CIT (A)] dated 20th June, 2022, wherein the appeal filed by the assessee again... ... ...

Central Government has expanded the sector-specific Special Economic Zone for Information Technology and Information Technology Enabled Services by including an additional area of 2.708437 hectares. The inclusion is made under the Special Economic Zones Act, 2005 and the Special Economic Zones Rules, 2006, following the developer's proposal and the Board of Approval's recommendation. The aggregate notified area becomes 5.412488 hectares. Specified parcels identified by Khasra Nos. 55, 57, 227/1, 227/2, 247/2, 247/3, 248 and 249/1 are incorporated into the Special Economic Zone.

Rescission of the earlier Special Economic Zone notification de-notifies the entire 60.70-hectare area established for Information Technology and Information Technology Enabled Services at Mamidipalli Village, Saroornagar Mandal, Ranga Reddy District, Telangana, on the proposal of M/s. Brahmani Infratech Limited. The Central Government exercises its power under the first proviso to rule 8 of the Special Economic Zones Rules, 2006 to rescind the prior notification, while preserving acts done and omissions occurring before the rescission took effect.

Passing off involving wholly dissimilar goods requires stronger proof of misrepresentation and a real likelihood of damage. Where protection is claimed for a business rather than particular goods, the claimant must show a sufficiently extensive reputation for the public to associate the other business with it. A reputation confined to telecommunications did not establish that liquor purchasers would associate the liquor business with the claimant. Independently, a prior artistic label comprising the word mark, font, design and colour scheme received copyright protection where identical reproduction constituted dishonest copying. Copyright in the artistic work supported injunctive protection despite the absence of an independently established passing-off claim.

Expansion of a sector-specific Special Economic Zone for electronic hardware, software, information technology and information technology enabled services incorporates additional land at Plot No. 1, Industrial Park, Kurubarapalli, Krishnagiri District, Tamil Nadu. The zone is enlarged by 1.14 hectares, resulting in a total notified area of 12.10 hectares. Inclusion follows the developer's proposal and the recommendation of the Board of Approval under the statutory SEZ framework.

Elevated international crude prices, combined with unchanged retail petrol and diesel rates, have produced negative marketing margins for state-owned fuel retailers and under-recoveries on domestic LPG. India's reliance on imported crude increases exposure to a higher import bill, trade-balance pressure and currency weakness. Sustained crude-cost increases may feed into domestic inflation through fuel, transport and energy costs, while also raising input costs for oil-sensitive industries and constraining monetary easing if inflation broadens.

Client-level open-interest breaches in commodity derivatives attract daily monetary penalties based on excess position, closing price, duration and a two-percent rate, subject to different caps according to the extent of breach. Members must reduce excess positions by the next trading day, failing which exchanges may square off the excess without further notice. Repeated breaches can trigger one-day square-off mode and additional equivalent penalties, subject to an exception for breaches exclusively caused by clubbing of positions. Client-level position limits remain linked to annual deliverable supply and commodity classification.

Pye is a multi-lender digital lending platform that matches retail borrowers with regulated lending partners according to credit need, loan type and timeline. It centralises know-your-customer compliance, documentation and disclosures, avoiding repeated borrower processes across applications. Available offers are to be displayed neutrally, with pricing, terms and annual percentage rate disclosed before a borrower proceeds. Borrower data is shared only with lenders selected for an application, while the platform is intended to make credit access available through broader digital-service channels.

Sanction granted in the Governor's name by the competent Law and Legislative Department is not invalid merely because an inter-departmental circular required consultation with the accused's parent department. Under Section 19(3), sanction defects warrant intervention only where they cause failure of justice. Investigation by an officer authorised under Section 17(c) remains valid absent demonstrated prejudice from any evidentiary irregularity. At the charge-framing stage, claimed lawful income of relatives and other receipts require evidentiary assessment at trial and cannot conclusively support discharge. These principles support continuation of disproportionate-assets proceedings despite challenges to sanction, investigation, and alleged income sources.

Fintech expands financial inclusion through digital payment and banking infrastructure, enabling customers to transact, save and borrow through accessible channels. It improves efficiency through faster account opening and payment settlement, lower transaction costs, AI-driven fraud detection and real-time supervision. Cash-flow-based lending, account aggregators and the Unified Lending Interface support collateral-light formal credit for micro, small and medium enterprises. Regulatory engagement supports self-regulation, digital public infrastructure and responsible innovation while safeguarding trust, safety, inclusion, fairness and efficiency.

Defects in prosecution sanction, including incompetence of the sanctioning authority, do not by themselves invalidate proceedings, warrant discharge, or justify a stay under the Prevention of Corruption Act, 1988. Section 19(3) treats such defects as material only where they have in fact caused a failure of justice, and its Explanation includes the sanctioning authority's competence within the scope of error. Section 19(4) further requires consideration of whether the objection could and should have been raised earlier. Comparable provisions in the Code of Criminal Procedure apply the same failure-of-justice standard to procedural errors and irregularities.

Virtual Digital Assets Service Providers operating in India, whether offshore or onshore, must register with FIU-IND as reporting entities when undertaking specified virtual-asset activities. Their obligations are activity-based and include registration, reporting, record-keeping and other requirements under the PMLA and rules made under it. Notices under the PMLA were issued to fifteen providers for non-compliance, accompanied by notices seeking takedown of their applications and URLs from public access.

The Chief Minister Startup and NIPUN Mission promotes youth employment, skill development, entrepreneurship, innovation and technology-based industries through entrepreneurship centres, technology laboratories, industry excellence centres and a job engine aligned with industry requirements. The Export Promotion Policy strengthens export infrastructure, market access, trade facilitation and value-added agricultural and industrial exports. The maximum age limit for eligible government and allied personnel applying for other government services or higher posts has also been increased.

Directorate of Revenue Intelligence operations targeting illicit narcotic drug trafficking resulted in the seizure of around 740 kg of cannabis, high-grade hydroponic cannabis and charas, and the arrest of 13 persons under the NDPS Act, 1985. Road-based interceptions involved drugs concealed in trucks and cars, including loading areas, floor cavities and secret compartments. Rail and air-route interdictions addressed passenger-based trafficking, including charas concealed on train passengers and high-potency cannabis carried by passengers arriving on international flights.

Rule 154 of the National Company Law Tribunal Rules, 2016 permits correction at any time of clerical or arithmetical mistakes and errors arising from an accidental slip or omission. Errors in a resolution-plan approval order concerning plan particulars, the creditor-payment table, treatment of claims, and the resolution applicant's name were corrected where supported by the record. A corrigendum was issued and forms part of the resolution-plan approval order.