The government imposed ADD on Liquid Epoxy Resins after DGTR confirmed dumping from five Asian countries, causing price undercutting and injury to domestic producers. The ruling introduces producer-specific duties to restore fair pricing.
New rules require designated directors and principal officers of regulated entities to complete a specialized AML/CFT certification. The directive ensures stronger compliance with IFSCA guidelines.
The circular introduces an ICEGATE 2.0 module for processing MOOWR and MOOSWR applications. It streamlines the Section 65 permission process, offering manuals and support channels for smooth onboarding.
RBI directs regulated entities to update their sanctions screening after two names are removed from the ISIL and Al-Qaida list, reinforcing mandatory UAPA procedures.
The guidelines clarify that relief measures will not be treated as restructuring and will not lead to asset-classification downgrade. They also require lenders to create additional provisions and ensure borrower credit histories remain unaffected.
Revised tariff values have been notified for oils, metals, and precious metals, aligning customs valuation with current global market prices.
CBIC removes export duty on cane molasses and reduces basic customs duty on crude olive pomace oil through amendments to earlier customs notifications.
RBI amends FEMA regulations to allow exporters 15 months, up from nine, for repatriating export proceeds, providing greater flexibility in compliance with foreign exchange rules.
The IBBI held that details sought under RTI regarding Swastik Ispat Pvt. Ltd. were already hosted on its website, disposing of the appeal accordingly.
The ROC Ahmedabad penalized the company and its director for failing to appoint independent directors and constitute an audit committee within the mandated timeline. The order outlines the default period, penalty amounts, and compliance requirements.
