The Coriolis Corp October 2026 Newsletter provides updates on important developments across GST, Customs, SEZ, foreign trade and indirect tax compliance.
This edition covers key GST compliance actions for FY 2025-26, recent GSTN and judicial updates, developments relating to SEZ and export compliance, changes in the Export Declaration Form (EDF), foreign trade developments, and the Statutory Compliance Calendar for October 2026. Newsletter – October 2026 V4 Is…
GST Compliance Actions for FY 2025-26
With the deadline for filing GSTR-9 and GSTR-9C for FY 2025-26 approaching, the newsletter highlights several important actions that taxpayers should identify and address through the relevant GST returns for October 2026.
These include:
- Issuance of credit notes relating to FY 2025-26 invoices
- Availment of ITC relating to FY 2025-26 invoices and debit notes
- GSTR-2B reconciliation for FY 2025-26 ITC
- Reversal of ITC relating to non-payment of consideration to suppliers within 180 days
- Rectification of errors or omissions in GSTR-3B
- Other required ITC reversals
- Payment of tax under the Reverse Charge Mechanism (RCM) and corresponding ITC
- E-invoice and e-way bill reconciliation
The newsletter recommends ensuring that the data relating to outward and inward supplies for the October 2026 GST returns is complete and correct. Newsletter – October 2026 V4 Is…
Key Legal and Regulatory Updates
The October 2026 edition highlights several important developments for businesses involved in GST, SEZ and export-related compliance.
SEZ Online System – 2-Factor Authentication
The newsletter highlights that 2-factor authentication (2FA) for the SEZ Online System became mandatory effective 23 September 2026.
Users were advised to complete verification of their registered mobile number and email address to ensure continued access to the system. Newsletter – October 2026 V4 Is…
Unified Export Declaration Form (EDF)
The newsletter also covers the Unified Export Declaration Form (EDF), effective from 1 October 2026.
The revised framework introduces a unified mechanism for declaration and reporting of export transactions. The newsletter highlights the transition from SOFTEX filings to monthly consolidated EDF, with submission through the applicable AD Bank / STPI / SEZ channel and regular tracking and reconciliation of EDPMS entries. Newsletter – October 2026 V4 Is…
RoDTEP Scheme Extended
The newsletter reports that the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme has been extended for eligible exports until 31 December 2026. The extension applies to eligible exports from DTA, Advance Authorisation, SEZ and EOU units, as stated in the DGFT notification referenced in the newsletter. Newsletter – October 2026 V4 Is…
DGFT Faceless Trade Facilitation System
The edition also covers the proposed establishment of a Central Processing Department (CPD) within DGFT for implementing a faceless trade facilitation system for trade-related applications. Newsletter – October 2026 V4 Is…
GST Case Law and Judicial Developments
The October 2026 newsletter includes several GST-related judicial developments from the Supreme Court and High Courts.
Some of the key matters covered include:
- Negative blocking of the electronic credit ledger under Section 79
- Specificity required for fraud allegations under Section 74
- Supplier tax non-payment and ITC under Section 16(2)(c)
- GST orders where an emailed reply was not considered
- GST recovery during the period available for approaching the GST Appellate Tribunal
- DRC-03 payments and the question of voluntariness
- Fraudulent GST registrations involving PAN and Aadhaar
- Jurisdiction under Section 122
- Constitutional validity of the supplier-tax-payment condition for ITC
- GST audit findings and statutory adjudication
- Interest on belated GST returns
These cases and their respective factual and legal backgrounds are covered in the newsletter. Newsletter – October 2026 V4 Is…
GST Notices: Key Issues for Taxpayers
The Knowledge Katta section of the newsletter discusses GST notices and common areas of GST scrutiny.
The newsletter identifies areas including:
- Differences between GSTR-1, GSTR-3B, GSTR-9 and books of accounts
- ITC claimed in GSTR-3B exceeding GSTR-2A/GSTR-2B
- ITC relating to cancelled, non-filing or non-compliant suppliers
- Ineligible ITC and common-credit reversal
- Incorrect GST rates, HSN classification or exemptions
- Post-sale discounts, dealer incentives and credit notes
It also provides an overview of common GST communications and notices, including ASMT-10, DRC-01A, DRC-01, DRC-07, DRC-09, GSTR-3A, ADT-01, ADT-02, ADT-03, INS-01, EWB-03, RFD-08 and RFD-06, along with the general issue and action associated with each. Newsletter – October 2026 V4 Is…
Statutory Compliance Calendar – October 2026
The newsletter concludes with a Statutory Compliance Calendar for October 2026, covering compliance requirements relating to:
- GST
- SEZ
- STPI
- Non-STP units
- Customs
The calendar includes periodic requirements such as GSTR-1, GSTR-3B, GSTR-8, GSTR-6, SERF, MPR, EDF, BLUT reconciliation, HPR, QPR, Form A and Customs returns. Newsletter – October 2026 V4 Is…
