FSSAI Mandates Scrutiny of Annual Returns Filed on FoSCoS

To enhance data credibility and strengthen enforcement, FSSAI has directed all Licensing Authorities to scrutinise the Annual Returns submitted by Food Business Operators (FBOs) through the FoSCoS portal. Online submission was mandated from FY 2020–21, which has significantly improved compliance. These returns include critical information like production and compliance data. If discrepancies or false declarations are found, enforcement actions will be taken under applicable provisions of the FSS Act, 2006.

Final Set of 38 Company Forms Now Live on MCA V3 Portal

The Ministry of Corporate Affairs (MCA) has made the final batch of 38 company-related forms available on its new V3 portal. This set includes important forms like 13 for annual filings and 6 for audit and cost audit, which companies need to submit every year.

Relief to Deductors from Higher TDS/TCS Due to Inoperative PAN

CBDT’s Circular No. 3/2023 had stated that Permanent Account Numbers (PANs) not linked with Aadhaar would become inoperative from July 1, 2023, attracting higher TDS/TCS rates under sections 206AA/206CC. Circular No. 6/2024 provided temporary relief to deductors/collectors if PANs were made operative by May 31, 2024.

Annual FLA Census Return Due Date Extended to July 31, 2025

Entities in India that have received foreign direct investment (FDI) and/or made overseas direct investments (ODI) during any previous year(s), including the latest financial year, are required to submit the Foreign Liabilities and Assets (FLA) Return annually through the RBI’s FLAIR system. This filing enables the Reserve Bank of India to monitor cross-border investment flows and compile data on the country’s external sector.

Grant of WHO GMP COPP through ONDLS Portal reg.

CDSCO had earlier mandated that all applications for the WHO-GMP Certificate of Pharmaceutical Product (COPP) be submitted exclusively through the ONDLS portal from July 15, 2025, thereby discontinuing the acceptance of physical submissions.

Advisory on Reporting Values in Table 3.2 of GSTR-3B

In an earlier advisory dated April 11, 2025, taxpayers were informed that, starting from the April 2025 tax period, Table 3.2 of GSTR-3B relating to inter-State supplies to unregistered persons, composition dealers, and UIN holders would be auto-populated and non-editable. However, due to multiple representations from taxpayers citing practical difficulties in filing GSTR-3B, this functionality was deferred, and the table was temporarily made editable to ensure smooth return filing.

Schedule A Demo