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Notifications/Circulars

CBIC appoints Common Adjudicating Authority in case of Control Components India (P) Ltd

April 16, 2026 336 Views 0 comment Print

The issue was multiple show cause notices issued by different authorities. The notification appoints a single adjudicating authority to ensure uniform and efficient adjudication.

GSTN Advisory on Re-Computation of Interest under Table 5.1 of GSTR-3B

April 16, 2026 12915 Views 0 comment Print

GSTN clarified that system-calculated interest for February 2026 was incorrectly reflected in March returns due to a technical issue. Taxpayers must recompute and update the correct interest using the portal feature.

DGFT Clarifies Eligibility to Expand RELIEF Scheme Benefits for New ECGC Policies

April 15, 2026 663 Views 0 comment Print

The issue concerned whether new ECGC Whole Turnover Policies qualify under RELIEF scheme support. DGFT clarified eligibility from March 16, 2026, ensuring wider access and boosting export insurance adoption.

Customs Eases Re-Entry of Export Cargo Due to Strait Disruption, Sets Simplified Procedures

April 15, 2026 609 Views 0 comment Print

The circular addresses handling of export cargo returned due to maritime route disruptions. It allows offloading without Bill of Entry subject to seal verification and mandates recovery of incentives.

SEBI and DoT Sign MoU to Combat Financial Fraud Through Real-Time Data Sharing

April 15, 2026 237 Views 0 comment Print

he agreement focuses on sharing intelligence to detect fraud in the securities market. It enables coordinated action using telecom and financial data systems.

RBI (Non-Banking Financial Companies – Branch Authorisation) Amendment Directions, 2026

April 15, 2026 699 Views 0 comment Print

The issue involved restrictive branch approval requirements for NBFCs. RBI removed prior approval norms, allowing easier expansion while maintaining safeguards based on financial strength and ratings.

₹50,000 Penalty Imposed for Holding Multiple DINs in Violation of Companies Act

April 15, 2026 216 Views 0 comment Print

The adjudicating authority penalized an individual for possessing dual DINs. The order reinforces strict compliance with DIN-related provisions under company law.

Penalty Imposed for Failure to Hold Minimum Board Meetings Under Companies Act

April 15, 2026 300 Views 0 comment Print

The authority penalized the company for conducting only one Board meeting instead of the required four in a year. It held that non-compliance with Section 173(1) attracts penalty under Section 450.

Penalty Imposed for Delay in Appointing Company Secretary Beyond 6 Months

April 15, 2026 330 Views 0 comment Print

Holds that failure to appoint a whole-time Company Secretary within the statutory timeline attracts penalty under section 203(5). The key takeaway is that delays, even if due to transition issues, do not excuse non-compliance.

SEBI Relaxed SSE Norms to Boost NPO Participation by Extending Registration Period

April 15, 2026 408 Views 0 comment Print

SEBI allows NPOs to remain registered on SSE for up to three years without fundraising. The move enhances flexibility and encourages wider participation in social funding platforms.

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