KYC Registration Agency registration requires consideration of qualifications and work experience of the applicant, Principal Officer and Compliance Officer; adequate infrastructure; eligibility and net-worth compliance; and financial creditworthiness. Scrutiny also covers the fitness and propriety of the applicant and relevant personnel, prior certificate refusals involving the applicant or its Associates, and proceedings for breach of law involving the applicant or relevant personnel.

KYC Registration Agencies must appoint a Principal Officer and separate Compliance Officer based in the IFSC, meeting prescribed qualification and financial-services-market experience requirements. The Principal Officer requires at least ten years' experience and the Compliance Officer at least five years' experience. A Compliance Officer must immediately and independently report non-compliance to the Authority. Adequate IFSC-based manpower, commensurate with business activities, is also required.

KYC Registration Agency registration requires the entity and its Principal Officer, directors, key managerial personnel and controlling shareholders to remain fit and proper at all times. Fitness depends on fairness, integrity, financial integrity, reputation, character and honesty. Disqualifications include specified convictions, pending economic-offence proceedings, recovery proceedings, malfeasance, undischarged insolvency, regulatory restraints, financial unsoundness, wilful default and fugitive economic offender status. A person declared not fit and proper cannot apply for registration until satisfying the prescribed criteria.

Registration as a KYC Registration Agency requires an applicant to maintain net worth of at least USD 1 million at all times. Where the agency is established as a branch of an entity registered with SEBI, that entity must earmark and ringfence the prescribed minimum net worth for the branch.

Registration as a KYC Registration Agency requires an applicant to be established in an International Financial Services Centre as a company. An entity already registered with the Securities and Exchange Board of India for similar activities may establish a wholly owned subsidiary or branch in the International Financial Services Centre.

Certificate of registration as a KYC Registration Agency requires an entity seeking registration to submit an application accompanied by the applicable application fees. Submission may be made electronically or by another permitted means and must follow the form and manner specified by the Authority.

Definitions for KYC Registration Agencies in the IFSC determine associate and control relationships, identify clients, regulated entities and registered agencies, and assign compliance and principal-officer responsibilities. Net Worth includes paid-up capital, eligible reserves, securities premium and profit-and-loss balances after prescribed deductions, while excluding specified revaluation, depreciation write-back and amalgamation reserves. Foreign Jurisdiction requires recognised securities-regulatory cooperation and exclusion from specified Financial Action Task Force deficiency categories. Undefined terms adopt meanings under applicable parent legislation and related laws.

KYC registration agency regulation for International Financial Services Centres bears the short title International Financial Services Centres Authority (KYC Registration Agency) Regulations, 2025. The framework is made under specified statutory powers and commences upon publication in the Official Gazette. Regulation 1 is confined to the title and commencement and does not prescribe eligibility, registration processes, operational obligations, or compliance requirements.

Appointments to Group A and Group B posts in the Goods and Services Tax Appellate Tribunal use direct recruitment, promotion, deputation, short-term contract and absorption according to each post. Registrar, Financial Advisor, Senior Accounts Officer and Accountant are deputation posts, while Legal Assistant is directly recruited. Deputy Registrar, Assistant Registrar and Assistant have prescribed promotion and deputation or absorption shares, with training and feeder-service requirements. Deputation eligibility generally requires an analogous post or specified regular service, relevant qualifications and experience, and carries prescribed tenure and age conditions.

Rule 7 preserves recruitment safeguards for Group 'A' and 'B' posts in the Goods and Services Tax Appellate Tribunal. Reservation, age-limit relaxation, and other concessions required for Scheduled Castes, Scheduled Tribes, ex-servicemen, and other special categories remain unaffected where required under Central Government orders issued from time to time.

Relaxation of recruitment rules for Group 'A' and 'B' posts may be granted where considered necessary or expedient. It may apply to any provision for a specified class or category of persons, through a written order supported by recorded reasons and made in consultation with the Union Public Service Commission.

Appointment to the specified Group 'A' and 'B' posts is unavailable to a person who marries someone with a living spouse or who, while having a living spouse, marries another person. An exemption may be granted where the marriage is permissible under applicable personal law for both parties and other grounds support exemption.

Recruitment to Group 'A' and 'B' posts in the Goods and Services Tax Appellate Tribunal is governed by prescribed recruitment methods, age-limits, qualifications and related service matters. The corresponding entries in columns (5) to (13) of the Schedule determine the applicable eligibility and recruitment conditions.

Group 'A' and Group 'B' Goods and Services Tax Appellate Tribunal recruitment posts are specified in the Schedule. Columns (2) to (4) set out the number of posts, their classification, and the corresponding Level in the Pay Matrix attached to those posts.

Application is limited to posts identified in column (1) of the annexed Schedule. The Schedule is the operative reference for determining posts covered by the recruitment rules, which apply to listed Group 'A' and Group 'B' posts of the Goods and Services Tax Appellate Tribunal under the prescribed recruitment framework.

Goods and Services Tax Appellate Tribunal, Group 'A' and 'B' Posts Recruitment Rules, 2026 regulate recruitment methods for Group 'A' and 'B' Tribunal posts. Made under the proviso to article 309 of the Constitution, the Rules take effect upon publication in the Official Gazette.

Authorised Dealers may handle export and import of goods and services, and merchanting trade, undertaken before 1 October 2026 where such transactions previously required Reserve Bank approval under the earlier export and import framework and related Master Directions. The authority applies from 1 October 2026.

Sales-confirmation material obtained after completion of assessment does not make the assessment defective merely because it was unavailable for consideration, particularly where the assessee did not furnish confirmations despite a notice seeking them. Judicial review under Article 226 is confined to jurisdictional error or breach of natural justice and is not a substitute for statutory appellate scrutiny on the merits. Where neither jurisdictional error nor a natural-justice violation is shown, challenge to the assessment must proceed through the available statutory appeal rather than writ intervention.

Provisional attachment of bank accounts under the Central Goods and Services Tax Act, 2017 ceases to have legal effect one year after the attachment order. The statutory time limit applies to every attachment made under the provisional-attachment power and prevents its continuation beyond that period. Where the one-year period has elapsed, the bank-account attachment cannot remain operative.

Stakeholder consultation on the draft Warehousing Operations Regulations, 2026 is initiated through public-domain publication on the CBIC website. Comments, views and suggestions must be submitted within 15 days in a structured format identifying the relevant regulation number and title, proposed modification, and supporting reasons or remarks. Responses must be sent through the specified email channels in MS Word, a compatible format, or machine-readable PDF format.