Industry Standards Recognition Manual
Industry Standards Recognition Manual sets up a structured way for industry groups, called Industry Standards Forums (ISFs), to create and follow best practices for complying with SEBI’s regulations. These ISFs will help regulated entities like stock exchanges, mutual funds, and listed companies understand and implement SEBI’s rules through detailed procedures, checklists, and SOPs (Standard Operating Procedures).
Online Module for Additional Cosmetic Variants on SUGAM Portal
CDSCO processes cosmetic registration & import applications via SUGAM online portal under e-governance
Advisory for GST Registration Process
In line with recent developments in the GST registration process, applicants must adhere to the following steps as per Rule 8 of the CGST Rules, 2017:
Amendment in Export Policy of Raw Human Hair
The Indian government has changed the export policy of raw human hair, making its export completely prohibited. However, there is an exception—if the Free on Board (FOB) value (the price of goods at the port before shipping costs) is USD 65 or more per kilogram, then its export is allowed freely without restrictions.
Notification of Effective Dates for Amendments to CGST Rules
Rules 2, 24, 27, and 32 will come into effect from February 11, 2025 and Rules 8, 37, and clause (ii) of rule 38 will be effective from April 1, 2025.
Drugs Amendment Rules, 2025
The Ministry of Health and Family Welfare has amended the Drugs (Amendment) Rules, 2023, to allow small and medium pharmaceutical manufacturers more time to comply with the revised Good Manufacturing Practices (GMP) under Schedule M of the Drugs Rules, 1945.
All Agency Banks to Remain Open on March 31, 2025
The Reserve Bank of India (RBI) has directed all agency banks to remain open on March 31, 2025 (Monday), despite it being a public holiday. This decision follows a request from the Government of India to ensure that all government receipts and payments for the financial year 2024-25 are duly accounted for.
IBBI (Insolvency Resolution Process for Corporate Persons) (Amendment) Regulations, 2025
The Insolvency and Bankruptcy Board of India (IBBI) has introduced amendments to the Insolvency Resolution Process for Corporate Persons Regulations, 2016.
Seeking details of manually issued Certificates of Origin in contravention of DGFT guidelines
DGFT has restated that all Certificates of Origin (CoO) must be issued electronically via the eCoO 2.0 platform. (i.e. https://www.trade.gov.in) Reports indicate that some agencies continue to issue manual CoOs despite prior notices mandating electronic issuance.
Advisory on the online sale of tobacco products and e-cigarettes
This advisory means that the Government of India is reinforcing a strict ban on the sale, manufacture, distribution, import, and advertisement of electronic nicotine delivery systems (ENDS) like e-cigarettes, vapes, heat-not-burn devices, e-sheesha, and flavored hookahs.
