Notifications
Important statutory notifications and implementation updates.
CBIC Eases EMI Scheme Documentation; Sets Mandatory Import Checklists for Cosmetics, Drugs & Medical Devices
CBIC’s Circular Nos. 39/2026 and 40/2026-Customs, both dated 3 September 2026, cut EMI Scheme application documents from 10 to 3 and prescribe mandatory Residual Shelf Life and licensing checklists for importing cosmetics, drugs and medical devices.
7 Sept 20267 min read
CBIC Launches National Assessment Centre Portal for Uniform Customs Assessment
CBIC’s Circular No. 41/2026-Customs launches the National Assessment Centre Portal (naccustoms.gov.in), a common digital repository of NAC decisions, CAAR rulings and classification guidance aimed at reducing inconsistent Customs assessment across ports.
7 Sept 20265 min read
RBI’s Draft Foreign Investment Rules, 2026: NDI Rules Set for Ground-Up Rewrite
On 21 July 2026 (Press Release No. 2026-2027/726), the Reserve Bank of India released the draft Foreign Exchange Management (Foreign […]
6 Aug 20262 min read
CBDT Notifies ITR-BN: New Block Assessment Return for Search & Requisition Cases
CBDT notifies ITR-BN, a dedicated block-assessment return for search and requisition cases under the Income-tax Act, 2025, effective retrospectively from 1 April 2026.
6 Aug 20262 min read
RBI Notifies FEMA (Guarantees) Regulations, 2026: Quarterly Form GRN Reporting Now Mandatory
RBI has replaced the year-2000 FEMA guarantee regulations with a 2026 framework that introduces mandatory quarterly reporting of cross-border guarantees in Form GRN, backed by Late Submission Fees for delay.
4 Aug 20262 min read
Ship-to-GSTIN Now Mandatory in e-Invoice and e-Way Bill APIs: What Changes From 1 August 2026
GSTN has made the Ship-to GSTIN field mandatory across e-Invoice and e-Way Bill APIs. Here is what breaks if your ERP master data isn’t updated, and how to fix it before your next dispatch.
4 Aug 20263 min read