Foreign Exchange Management (Non-debt Instruments) (Amendment) Rules, 2025
Rule 7 has been renumbered as 7(1) thereof and after clause (h) of renumbered sub-rule (1) the following sub-rule shall be inserted, namely:
Fixation of SION A-3686 under ‘Chemical and Allied Product’
SION (Standard Input Output Norms) are guidelines set by the Indian Directorate General of Foreign Trade (DGFT) that define the amount of raw materials needed to produce an export product. These norms enable exporters to import raw materials duty-free, boosting the competitiveness of Indian goods in the global market.SION (Standard Input Output Norms) are guidelines set by the Indian Directorate General of Foreign Trade (DGFT) that define the amount of raw materials needed to produce an export product. These norms enable exporters to import raw materials duty-free, boosting the competitiveness of Indian goods in the global market.
Applicability of SCOMET – Consolidated Repository
DGFT issued Office Memoranda clarifying whether specific items fall under the Special Chemicals, Organisms, Materials, Equipment and Technologies (SCOMET) list. To streamline access to these clarifications, CBIC has compiled them into a consolidated online repository to assist Customs officials in determining SCOMET applicability.
Clarification Issued on Legal Metrology Declarations for Footwear and Instruments
Department of Consumer Affairs, through its Legal Metrology Division, has issued a set of Frequently Asked Questions (FAQs)
CCPA Directs E-Commerce Platforms to Conduct Self-Audits for Dark Pattern Detection
CCPA has urged all e-commerce platforms to undertake self-audits to proactively detect and eliminate dark patterns present on their platforms.
Companies (Filing of Docs. and Forms in Extensible Business Reporting Language) Amendment Rules,2025
Ministry of Corporate Affairs has amended Rule 3 of the XBRL Rules, introducing a new sub-rule (1A) w.e.f. July 14, 2025
Filing of SPL-01/SPL-02 Allowed Despite Payment Auto-Population Issues
Taxpayers filing amnesty applications under Section 128A of the CGST Act using Form SPL-01 or SPL-02 have encountered technical issues where Table 4
Clarification on Quoting of DIN for Communications Generated via GST Portal
RFNs already serve the purpose of identification and verification, having an additional DIN on the same communication leads to duplication.
Advisory on filing of Amnesty applications under Section 128A
Taxpayers facing portal-related technical issues that restrict them from filing amnesty applications via SPL-01/02 can now use an alternate filing mechanism provided in the GST advisory.
System Validation for Filing of Refund Applications on GST Portal for QRMP Taxpayers
QRMP taxpayers can file refund applications provided the relevant GSTR-3B is filed.
