The government has proposed amending valuation rules to mandate a minimum paid-up capital for RVOs. The key takeaway is that recognition standards may soon include a financial threshold with a transition period.
The authority held that non-filing of Form MGT-14 for approval of accounts attracts penalty under section 117(2). Continued default led to penalties on both company and directors.
The authority held that failure to file DIR-3 KYC violates Rule 12A and attracts penalty under section 450. DIN deactivation does not absolve ongoing compliance responsibility.
The authority held that wrong disclosure of AGM details in Form MGT-7 attracts penalty under section 450. Accuracy in e-filings is the responsibility of the signatory.
The regulator has mandated POPs to upload all offline subscriber grievances into CRA CGMS portals. This ensures that every complaint is centrally tracked, monitored, and analysed for effective regulatory supervision.
The adjudicating authority held that filing AOC-4 after prolonged delay attracts penalty despite eventual compliance. Rectification beyond statutory timelines does not grant immunity.
The notification substitutes tariff value tables but keeps all existing values unchanged. Importers continue to apply the same benchmark values for duty calculation from 3 February 2026.
Nil excise duty now applies only to unbranded, non-retail raw tobacco, while other forms attract 18%, ensuring tax clarity and preventing misuse.
To improve transparency and reduce disputes, customs officers must record physical cargo examinations using BWCs. The requirement becomes mandatory across all formations from April 2026.
Customs has expanded SWIFT 2.0 by integrating additional regulatory agencies into a unified digital platform. The move simplifies EXIM compliance and reduces clearance delays.
