FEMA & Banking:IFSCA notified the FEM (Non-Debt Instruments) (Fourth Amendment) Rules, 2026, permitting inventory-based e-commerce exclusively for exporting Indian-manufactured or produced goods under applicable regulations.(08.09.2026)
FEMA & Banking: IFSCA notified the FEM (Non-Debt Instruments) (Fourth Amendment) Rules, 2026, permitting inventory-based e-commerce exclusively for exporting Indian-manufactured or produced goods under applicable regulations. (NOTIFICATION NO. S.O. 4870(E). [F.NO. 1/4/2026-EM] dated 05.09.26) ...
FEMA & Banking: IFSCA notified the 2026 Market Abuse Regulations, establishing measures against insider trading, manipulation, fraudulent practices, and unfair trading to protect investors (08.09.2026)
FEMA & Banking: IFSCA notified the 2026 Market Abuse Regulations, establishing measures against insider trading, manipulation, fraudulent practices, and unfair trading to protect investors. (NOTIFICATION NO. IFSCA/GN/2026/012 dated 07.09.26) ...
DGFT: 544 SIONs that remained unutilized under the Advance Authorisation/DFIA Schemes during the last three financial years are proposed for suspension. Stakeholders may submit comments within 15 days.(08.09.2026)
DGFT: 544 SIONs that remained unutilized under the Advance Authorisation/DFIA Schemes during the last three financial years are proposed for suspension. Stakeholders may submit comments within 15 days. (Trade Notice No. 26/2026-27 dated 07.09.26) ...
GST: Taxpayers can now file appeals in Form GST APL-01 against NIL/Zero demand orders where a tax liability dispute exists, even if the disputed amount was paid before the order.(08.09.2026)
GST: Taxpayers can now file appeals in Form GST APL-01 against NIL/Zero demand orders where a tax liability dispute exists, even if the disputed amount was paid before the order. (Update, dated 07.09.26) ...
DGFT: An Open API facility for Certificate of Origin has been introduced on Trade Connect, enabling ERP/software integration for electronic CoO applications and reducing manual data entry.(07.09.2026)
DGFT An Open API facility for Certificate of Origin has been introduced on Trade Connect, enabling ERP/software integration for electronic CoO applications and reducing manual data entry. (Trade Notice No. 25/2026-27 dated 07.09.26) ...
Judicial Corner: Waiver of Interest under Sections 234A, 234B & 234C Denied Where Assessee Did Not Act Pursuant to Existing HC Order { K.R. Ushasree vs. Chief Commissioner of Income-tax 2026] 189 taxmann.com 667 (Kerala)} (07.09.2026)
Waiver of Interest under Sections 234A, 234B & 234C Denied Where Assessee Did Not Act Pursuant to Existing HC Order { K.R. Ushasree vs. Chief Commissioner of Income-tax 2026] 189 taxmann.com 667 (Kerala)} Facts: The assessee’s had claimed deductions under ...
Customs:The National Assessment Centre (NAC) Portal has been launched as a common platform for accessing assessment decisions, rulings, advisories and audit observations, promoting uniformity and transparency.(04.09.2026)
Customs The National Assessment Centre (NAC) Portal has been launched as a common platform for accessing assessment decisions, rulings, advisories and audit observations, promoting uniformity and transparency. (Circular No.41/2026-Customs dated 03.09.26) ...
Central Exices: The excise duty rate has been revised to ₹1 per litre, effective from publication date.(03.09.2026)
Central Excise: The excise duty rate has been revised to ₹1 per litre, effective from publication date. (Notification No. 48/2026-Central Excise dated 01.09.26) ...
Central Excise: The excise duty rate has been revised to ₹19 per litre, effective from publication date. (03.09.2026)
Central Excise: The excise duty rate has been revised to ₹19 per litre, effective from publication date. (Notification No. 47/2026-Central Excise dated 01.09.26) ...
Central Excise: The excise duty rate has been revised to ₹1.5 per litre, effective from publication date.(03.09.2026)
Central Excise: The excise duty rate has been revised to ₹1.5 per litre, effective from publication date. (Notification No. 46/2026-Central Excise dated 01.09.26) ...
DGFT: The timeline for one-time conversion of eligible Advance Authorisations under SION E-52 to TRQ for import of Raw Sugar has been extended. Applications can be submitted up to 7 September 2026. (03.09.2026)
DGFT: The timeline for one-time conversion of eligible Advance Authorisations under SION E-52 to TRQ for import of Raw Sugar has been extended. Applications can be submitted up to 7 September 2026. (Public Notice No. 29 /2026-27 dated 03.09.26) ...
Customs: Before granting Out-of-Charge in case of PGA facilitated Bills of Entry, Customs officers must verify prescribed documents for imports of cosmetics, drugs, medical devices and related raw materials/components.(03.09.2026)
Customs: Before granting Out-of-Charge in case of PGA facilitated Bills of Entry, Customs officers must verify prescribed documents for imports of cosmetics, drugs, medical devices and related raw materials/components. (Circular No.40/2026-Customs dated 03.09.26) ...
Customs: The EMI Scheme application process has been simplified by reducing documentation and information requirements. Eligible importers can apply under the revised process from 15 September 2026.(03.09.2026)
Customs The EMI Scheme application process has been simplified by reducing documentation and information requirements. Eligible importers can apply under the revised process from 15 September 2026. (Circular No.39/2026-Customs dated 03.09.26) ...
Judicial Corner: Refund cannot be withheld without specific order under Section 54(11) Commissioner must issue SCN and pass a reasoned order { KPIL-JWIL Joint Venture v. State of Bihar, [2026] 189 taxmann.com 1002 (Patna)}(03.09.2026)
Refund cannot be withheld without specific order under Section 54(11) Commissioner must issue SCN and pass a reasoned order { KPIL-JWIL Joint Venture v. State of Bihar, [2026] 189 taxmann.com 1002 (Patna)} Facts The petitioner, a works contractor, claimed a ...
Company and SEBI: The MCA has extended the Companies Compliance Facilitation Scheme, 2026 (CCFS-2026) until 15 September 2026. All other terms and conditions remain unchanged.(02.09.2026)
Company and SEBI: The MCA has extended the Companies Compliance Facilitation Scheme, 2026 (CCFS-2026) until 15 September 2026. All other terms and conditions remain unchanged. (General Circular No. 04/2026 dated 01.09.26) ...
DGFT:Fresh applications are invited for the remaining 2,02,550 MT of raw sugar TRQ, with daily processing and pro-rata allocation if applications exceed the available quota.(02.09.2026)
DGFT: Fresh applications are invited for the remaining 2,02,550 MT of raw sugar TRQ, with daily processing and pro-rata allocation if applications exceed the available quota. (Public Notice No. 28/2026-27 dated 01.09.26) ...
Customs:The deadline for compliance under the Sea Cargo Manifest and Transshipment Regulations, 2018 amended and extends, by replacing the existing date with 31 October 2026. (02.09.2026)
Customs: The deadline for compliance under the Sea Cargo Manifest and Transshipment Regulations, 2018 amended and extends, by replacing the existing date with 31 October 2026. (Notification No.73/2026-Customs (N.T.) dated 01.09.26) ...
Customs: A common Customs officer at JNCH, Nhava Sheva, has been appointed to adjudicate the specified SCN issued to M/s Akwel Automotive Pune India Pvt Ltd. (02.09.2026)
Customs: A common Customs officer at JNCH, Nhava Sheva, has been appointed to adjudicate the specified SCN issued to M/s Akwel Automotive Pune India Pvt Ltd. (Notification No.74/2026-Customs (N.T.) dated 01.09.26) ...
Judicial Corner:Composite GST Assessment for Multiple Tax Periods Held Invalid {Vishwa Vinayaka Build Tech vs. State of Andhra Pradesh [2026] 189 taxmann.com 921 (Andhra Pradesh)} (02.09.2026)
Composite GST Assessment for Multiple Tax Periods Held Invalid {Vishwa Vinayaka Build Tech vs. State of Andhra Pradesh [2026] 189 taxmann.com 921 (Andhra Pradesh)} Facts: Assessee, a GST-registered trader dealing in granite blocks, was issued a single composite assessment order ...
Customs: The Customs tariff have been revised with effect from 1 September 2026 for crude and refined palm oil, palmolein, crude soybean oil, brass scrap and gold. There is no change in the tariff applicable to silver and areca nuts.(01.09.2026)
Customs: The Customs tariff have been revised with effect from 1 September 2026 for crude and refined palm oil, palmolein, crude soybean oil, brass scrap and gold. There is no change in the tariff applicable to silver and areca nuts ...
