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.
The circular consolidates all operative instructions under the new Baggage Rules, 2026 into a single master framework. It clarifies passenger rights, duties, and procedures to ensure uniform customs practices nationwide.
The circular extends the deferred payment window from 15 to 30 days, easing cash-flow pressures for eligible importers. Revised monthly cut-off dates now standardize duty payment timelines from March 2026.
