CBIC amended Notification No. 36/2001-Customs (N.T.) by substituting tariff valuation tables for specified imported goods. The revised notification continues tariff values for commodities such as gold, silver, edible oils, brass scrap, and areca nuts.
IFSCA has advised regulated entities in the IFSC dealing with retail consumers to publish Consumer Charters on their websites. The move aims to strengthen transparency, accountability, and consumer protection in financial services.
DGFT notified the enlistment of fourteen new Pre-Shipment Inspection Agencies under Appendix-2G of FTP 2023. The agencies are now authorized to issue Pre-Shipment Inspection Certificates through the DGFT portal.
The amended directions permit commercial banks to recognize current year profits for CRAR calculations on a quarterly basis. RBI also prescribed audit and limited review requirements for such recognition.
