Daily Updates

Customs: From 12 August 2026, supplementary IGM/EGM filing has been permanently discontinued. Any changes in cargo or manifest details must now be made through mandatory Sea Cargo Manifest and Transshipment Regulation(SCMTR) amendment messages. Shipping lines, agents, customs brokers and other stakeholders must ensure SCMTR compliance. (Public Notices No : 118/2026-Customs | Dated: 11.08.2026)

DGFT: DGFT has invited comments on a Draft SOP for reporting export remittances received through NBFC Factors. The proposed process aims to simplify IRM reporting and eBRC generation. Stakeholders can submit their comments to DGFT within 30 days. (Trade Notice No. 20/2026-27-DGFT | Dated: 12.08.2026)

DGFT: DGFT has advised Indian businesses to be careful while dealing with two Bhutanese companies, Legoy Powersports and Druk A-Z Store. Businesses should check the companies properly before transactions and report any payment problems or disputes to DGFT. (Trade Notice No. 19/2026-27 | Dated: 11.08.2026)

DGFT DGFT has reviewed the wheat export quota. Exporters must submit a CA-certified utilization statement, Shipping Bill details, and any request for additional/surrender quantity by 31 August 2026. Unused quota may be reallocated if required documents are not submitted. (Trade Notice No. 18/2026-27-DGFT | Dated: 10.08.2026)

Refund order under Section 142(3) and the first appellate order passed by applying Section 11B of the Central Excise Act — appeal maintainable before CESTAT and not GSTAT Revenue’s appeal before GSTAT held not maintainable{ Asish Kumar Pati v. Kairav Chemofarbe Industries Ltd. [2026] 189 taxmann.com 220 (GSTAT – Thane)} Facts: The dispute concerned a …

Judicial Corner: Refund order under Section 142(3) and the first appellate order passed by applying Section 11B of the Central Excise Act — appeal maintainable before CESTAT and not GSTAT Revenue’s appeal before GSTAT held not maintainable{ Asish Kumar Pati v. Kairav Chemofarbe Industries Ltd. [2026] 189 taxmann.com 220 (GSTAT – Thane)} (14.08.2026) Read More »

Custom CBIC has revised the tariff values for specified imported goods, effective 11 August 2026. The tariff values for specified goods remain unchanged, including crude palm oil, RBD palm oil, crude palmolein, RBD palmolein, crude soybean oil and brass scrap. Gold remains at US$1,395 per 10 grams, silver at US$2,076 per kg, and areca nuts …

Custom : CBIC has revised the tariff values for specified imported goods, effective 11 August 2026. The tariff values for specified goods remain unchanged, including crude palm oil, RBD palm oil, crude palmolein, RBD palmolein, crude soybean oil and brass scrap.(14.08.2026) Read More »

Waiver application under sec. 128A valid for multi-State GST demand if same officer issued combined order: HC { Indian Bank vs. Assistant Commissioner CGST and Central Excise [2026] 189 taxmann.com 347 (Madras)} Facts: Indian Bank had GST demands relating to multiple States, and a common/combined adjudication order had been passed by the same officer. The …

Judicial Corner: Waiver application under sec. 128A valid for multi-State GST demand if same officer issued combined order: HC { Indian Bank vs. Assistant Commissioner CGST and Central Excise [2026] 189 taxmann.com 347 (Madras)} ( 13.08.2026) Read More »

GST Parallel Proceedings: Section 6(2)(b) Applies Only to the Same Subject Matter {M/s Ramada Engineering Industry v. Additional Commissioner (Adjudication) & Anr. SLP (C) No. 21470/2026}  Facts The taxpayer, Ramada Engineering Industry, faced two GST proceedings. Section 73 proceedings were initiated for FY 2019–20 for incorrect declaration of tax liability and excess ITC. Subsequently, Section …

Judicial Corner:GST Parallel Proceedings: Section 6(2)(b) Applies Only to the Same Subject Matter {M/s Ramada Engineering Industry v. Additional Commissioner (Adjudication) & Anr. SLP (C) No. 21470/2026} (11.08.2026) Read More »

Custom CBIC has introduced a new Standard Operating Procedure (SOP) for personal imports through Foreign Post Offices (FPOs). Customs will use a digital and risk-based system for checking and clearing these goods. If documents are not submitted within 30 days, Customs may complete the assessment based on available information. Commercial imports will continue under the …

Customs : CBIC has introduced a new Standard Operating Procedure (SOP) for personal imports through Foreign Post Offices (FPOs). Customs will use a digital and risk-based system for checking and clearing these goods. If documents are not submitted within 30 days, Customs may complete the assessment based on available information. (10.08.2026) Read More »

Custom: The Government has extended the anti-dumping duty on Phthalic Anhydride imported from China and South Korea for another 5 years. This is to protect Indian companies from cheap imports and support local manufacturers. (Notification No. 20/2026-Customs (ADD) | Dated: 05.08.2026)

DGFT: DGFT has issued the operating rules for the new Inventory-based E-Commerce Export Framework. Registered exporters must apply through ANF-9A, keep proper digital records, follow export rules, share export benefits with sellers, and maintain records for five years. (Public Notice No. 25/2026-27-DGFT | Dated: 05.082026)

DGFT has given exporters 3 more months to follow the mandatory i-CAS Halal certification requirement for exporting specified meat and meat products to Egypt. The new implementation period is 9 months instead of 6 months, giving more time for certification arrangements. (Notification No. 28/2026-27-DGFT | Dated: 05.08.2026)

DGFT:  DGFT has introduced a new Inventory-based Cross-border E-commerce export system effective from 5 August 2026. It allows registered exporters to keep goods only for export, pay Indian sellers on time, maintain proper stock records, share export benefits correctly, and follow return and export rules. (Notification No. 27/2026-27-DGFT | Dated: 05.08.2026)

Recovery of GSTR-1/GSTR-3B mismatch invalid without prior DRC-01B notice & Rule 88C compliance { P.R. Productions vs. Assistant Commissioner of Central Tax [2026] 188 taxmann.com 442 (Telangana)} Facts: Department noticed a mismatch between the tax liability declared in the assessee’s GSTR-1 and GSTR-3B returns. Without issuing an intimation in Form GST DRC-01B as required under …

Judicial Corner: Recovery of GSTR-1/GSTR-3B mismatch invalid without prior DRC-01B notice & Rule 88C compliance (06.08.2026) Read More »

DGFT: DGFT has notified 7 new Standard Input Output Norms (SIONs) for chemical and pharmaceutical products under FTP 2023. This will allow eligible exporters to get Advance Authorisations faster from Regional Authorities without approval from the Norms Committee. (Public Notice No. 23/2026-27-DGFT | Dated: 03.08.2026)

DGFT: The DGFT has invited applications for Tariff Rate Quota (TRQ) under the India–Oman Comprehensive Economic Partnership Agreement (CEPA) for FY 2026–27. Eligible importers can apply from 04.08.2026 to 19.08.2026 for products such as dates, marble, petrochemicals, and aluminium. Required documents must be submitted along with the application for eligible products. (Public Notice No. 24/2026-27-DGFT …

DGFT: The DGFT has invited applications for Tariff Rate Quota (TRQ) under the India–Oman Comprehensive Economic Partnership Agreement (CEPA) for FY 2026–27. Eligible importers can apply from 04.08.2026 to 19.08.2026 for products such as dates, marble, petrochemicals, and aluminium. Required documents must be submitted along with the application for eligible products. (05.08.2026) Read More »

Excise Duty: The Central Government has increased the Road and Infrastructure Cess (RIC) on exported diesel to ₹1.5 per litre. The revised rate came into effect from 3 August 2026. (Notification No. 42/2026-Central Excise | Dated: 03.08.2026)

Excise Duty: The Central Government has increased the Special Additional Excise Duty (SAED) on exported Aviation Turbine Fuel (ATF) to ₹22 per litre. The revised rate came into effect from 3 August 2026. (Notification No. 41/2026-Central Excise | Dated: 03.08.2026)  

EXCISE DUTY The Central Government has increased the Special Additional Excise Duty (SAED) on exports of petrol and diesel. From 3 August 2026, the duty is ₹3.5 per litre for petrol and ₹24 per litre for diesel. (Notification No. 40/2026-Central Excise | Dated: 03.08.2026)

Customs: CBIC has introduced an Express Cargo Clearance System (ECCS) Refund Module for online filing and processing of courier import refund claims. Manual filing is allowed until 30 September 2026, after which electronic filing will generally be mandatory. (Circular No. 34/2026-Customs, dated 30.07.2026)