Circulars/Notifications

CBIC permits temporary unloading/storage of crisis-diverted bulk cargo at Indian ports till October 31

News

Government permits 10 lakh MT duty-free raw sugar imports under TRQ till October 31, 2026

PIB Release

DRI Busts Methamphetamine Smuggling and Wildlife Trafficking Operations; Seizes 56 Kg Methamphetamine, 54 Ivory Artefacts

Circulars/Notifications

DGFT amends FTP provisions on denomination of export contracts; Benefits for INR realisations

News

SC finds TVS Motors’ referral fees for promoting banking/insurance services through dealers taxable; Excludes penalty

Circulars/Notifications

DGFT restricts imports of Clear Float Glass; Prescribes MIP of Rs 34,000 per MT

News T-Street Buzz

Dhruva Advisors, ELP to combine indirect tax & trade practice

News

MMDR Amendment Act, 2026 receives Presidential assent; Restricts State levies on mineral rights, mineral-bearing lands

Circulars/Notifications

CBIC increases tariff values of Gold, Silver. Areca Nuts; Also revises values of edible oils

Circulars/Notifications

Govt exempts SAED on Petrol and Additional Excise Duty on Diesel exports; Reduces SAED on ATF exports

PIB Release

DRI uncovers large-scale misuse of SAFTA for areca nut imports causing 2500 Cr Revenue Loss; Nine arrested

PIB Release

DRI busts clandestine amphetamine manufacturing facility in Jewar; Seizes 30 kg drugs, 30 kg precursors; Two arrested

News

21 Key takeaways from Gujarat HC judgment in corporate guarantee batch

News

Gujarat HC strikes down levy on pre- October 26, 2023 corporate guarantees; Reads down Rule 28(2)

PIB Release

India and Southern African Customs Union sign ToR for Preferential Trade Agreement negotiations

PIB Release

India’s exports rise 13.16% to $316.42 bn during April-July 2026-27; Trade deficit widens to $49.43 bn

News

Government accepts PAC recommendations on improper IGST exemption on pharma-imports

News

SC allows job-worker’s appeal on valuation of vehicles manufactured on chassis supplied by principal manufacturer

Circulars/Notifications

DGFT invites comments on Draft SOP for reporting Inward Remittance Messages pertaining to NBFC Factors

News

Govt collects Rs. 10,040 Cr duty on Gold imports and Rs. 328 Cr on Silver since May 2026