The government has amended customs infrastructure rules by deleting a specific entry for Tamil Nadu. The update signals continued rationalisation of notified customs locations.
The notification includes 167 new tariff lines under Chapter 72 for interest subvention benefits, but restricts eligibility exclusively to Micro and Small Enterprises.
The issue concerns enhanced cyber security norms for critical financial institutions. The takeaway is mandatory compliance with a detailed framework to strengthen resilience and protect market integrity.
CBIC updated the list of food import entry points and authorised officers. The instruction adds five new locations and directs implementation of revised FSSAI-linked procedures.
The ROC penalized the company for reporting an incorrect AGM date in its financial filing. The ruling confirms that even inadvertent errors in statutory forms attract penalties.
Authorities held that correcting a defective financial statement filing does not remove penalty liability. The ruling reinforces strict accountability for accuracy in MCA filings.
Authorities held that filing incorrect statutory forms attracts penalty even if later correction is sought. The ruling reinforces that rectification does not erase liability for defective filings under company law.
DGFT revised Appendix 4B to update banks permitted to import gold and silver. The notice clarifies authorized entities and validity period till 2029, ensuring regulatory clarity.
The government has shifted Grade A and B baryte to the restricted category requiring DGFT approval. The move aims to regulate export of high-value mineral resources.
DGFT extends RELIEF scheme benefits to Egypt and Jordan to support exporters impacted by global logistics issues. The move widens export facilitation coverage under EPM.
