Circulars/Notifications

DGFT enhances PSIA/PSIC process; Mandates Same-Day PSIC issuance, Automates signature, stamp embedding

News

Bombay HC Bench releases blockbuster Volkswagen case; Rehearing likely

News

Registration cancellation on allegation of fake enterprise without physical verification unsustainable, rules Karnataka HC

Circulars/Notifications

DGFT mandates conversion of TRQ-Imported Raw Sugar into Refined Sugar within two months of Bill of Entry

News

Customs Act prevails over Port Trust Act; SC upholds port trust’s liability for duty on pilfered goods

News

SC allows Tata Steel’s SLP against Jharkhand HC ruling declining writ intervention against Section 74 order

News

DGTR records prima facie injury findings in Anti-Dumping investigation on Hot Rolled Flat Steel products

Circulars/Notifications

DGFT revises export policy of wheat, wheat flour from ‘Prohibited’ to ‘Free’

Circulars/Notifications

DGFT prescribes modalities for 10 lakh MT raw sugar TRQ, AA-to-TRQ conversion; Customs notification issued

Circulars/Notifications

DGFT automates EO Extension for Advance Authorisation, EPCG Cases; Removes Compensation Cess reference on Diamond Imprest Imports

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