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Govt Raises SAED on ATF Exports to Rs. 16 per Litre from 16 May 2026

May 15, 2026 480 Views 0 comment Print

CBIC revised SAED on ATF exports to Rs. 16 per litre effective 16 May 2026, impacting aviation fuel exporters and export duty costs.

SAED on Petrol and Diesel Exports Revised from 16 May 2026

May 15, 2026 639 Views 0 comment Print

The Ministry of Finance amended the central excise notification issued in March 2026 by revising rates applicable to specified goods. The notification cites public interest and introduces revised per litre duty rates effective from 16 May 2026.

FSSAI Revises Contaminant Limits in Pulses, Oils & Seafood from 1st December 2026

May 14, 2026 1251 Views 0 comment Print

The Food Safety and Standards Authority of India notified the Food Safety and Standards (Contaminants, Toxins and Residues) Amendment Regulations, 2026, which will come into force from 1 December 2026. The amendments revise contaminant and residue standards under the Food Safety and Standards (Contaminants, Toxins and Residues) Regulations, 2011. Changes relating to metal contaminants include […]

GSTAT Extends Relaxed Appeal Filing Norms Till 31st December 2026

May 14, 2026 8703 Views 0 comment Print

The Principal Bench of GSTAT instructed scrutiny officers not to raise defects where appellants upload required soft copy documents with appeal filings. The order seeks to simplify and streamline the appeal filing process on the GSTAT Portal.

DGFT Prohibits Sugar Exports Until 30th September 2026

May 13, 2026 1188 Views 0 comment Print

The DGFT has amended the export policy of sugar from “Restricted” to “Prohibited” with immediate effect until September 30, 2026. The notification aims to regulate sugar exports while allowing limited exemptions for specified categories and government-approved shipments.

IBBI (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) (Amendment) Regulations, 2026

May 13, 2026 330 Views 0 comment Print

The IBBI Amendment Regulations, 2026 introduce nominee directors on IPA governing boards and strengthen oversight mechanisms. The changes aim to enhance transparency, accountability, and regulatory supervision in insolvency professional agencies.

Government Revises Preferential Customs Rates Under India-UAE CEPA

May 12, 2026 1212 Views 0 comment Print

Notification 18/2026 amends concessional customs rates under India-UAE CEPA effective 13 May 2026. Importers claiming India-UAE CEPA benefits to face revised tariff concession structure under latest amendment.

Concessional Customs Duty on Gold, Silver & Platinum Imports raised to 10%

May 12, 2026 6138 Views 0 comment Print

Ministry of Finance hikes concessional import duty on gold, silver and platinum from 4.35% to 10% under Notification 57/2000-Customs effective 13 May 2026.

Government Revises SWS and AIDC Rates on Gold & Silver

May 12, 2026 4872 Views 0 comment Print

Customs Notification 16/2026 Changes AIDC Structure for Gold, Silver and Platinum Imports – New customs notification modifies AIDC rates for bullion, jewellery components and recycled precious metal imports.

Customs Duty on Gold and Silver Increased to 10%

May 12, 2026 5847 Views 0 comment Print

The Government has raised customs duty from 5% to 10% on several precious metals and related tariff items through Notification No. 15/2026-Customs. The amendment also introduces a special provision for spent catalyst and ash containing precious metals.

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