The government has continued countervailing duty on textured tempered glass imports from Malaysia after finding that removal of the duty could lead to continued subsidization and injury to domestic producers. The notification keeps duties in force for another five years.
DGFT has widened QCO/BIS exemptions for SEZ Units and Developers by allowing imports of all permissible goods required for authorized operations. Compliance will apply only when goods are cleared into the Domestic Tariff Area.
DGFT has amended import conditions for specified silver products by requiring a valid Import Authorisation for eligible imports. The change applies to nominated agencies, banks, and qualified jewellers importing through IIBX.
The DGFT has nominated 40 non-official members from diverse sectors to the Board of Trade. The move aims to strengthen trade policy discussions and export promotion efforts.
DGFT has amended Appendix 2B of the Foreign Trade Policy 2023 to include authorized agencies for issuing Preferential Certificates of Origin under the India-Oman CEPA. The notification formally identifies the entities empowered to certify eligible exports.
Gross GST collections reached ₹1.94 lakh crore in May 2026, registering 3.2% growth. The increase was driven largely by a 19.1% rise in GST revenue from imports despite a decline in domestic collections.
NSE has clarified that regulatory exemptions available for Section 31 IBC resolution plans do not extend to plans approved under Section 54L in the PPIRP framework. Listed entities must comply with all applicable SEBI requirements.
The Registrar of Companies penalized the company and its authorized signatory after an incorrect document was attached with Form AOC-4. The order held that filing defective statutory records constitutes a contravention despite subsequent rectification requests.
The MCA has amended the valuation rules to require Registered Valuer Organisations to maintain a minimum paid-up capital of ₹25 lakh. The key takeaway is stronger financial and governance standards for RVOs.
Haryana has directed officers to send GST show cause notices and demand orders by registered or speed post in addition to portal-based communication. The instruction aims to enhance taxpayer awareness while retaining the GST portal as the legally valid mode of service.
