IT grievance redressal for GST portal glitches enabling committee-approved remedies and potential waiver of associated penalties.
Establishes an IT Grievance Redressal Committee and nodal officer framework to address common GST portal technical glitches that prevent timely filing; GSTN will identify systemic defects from electronic records, collate taxpayer applications with evidence of bona fide attempts, and forward issues and proposed solutions to the committee. The committee will examine and approve remedies, direct implementation by GSTN and field formations, and may recommend waiver of fines or penalties for filers affected by portal glitches, with such waivers placed before the GST Council.

Physical settlement of stock derivatives mandated in phased manner; enhanced eligibility criteria now determine continuation in derivatives segment.
Physical settlement of stock derivatives is mandated in a phased manner, with the cash market risk management and settlement framework applying when derivatives devolve into physical delivery. An enhanced eligibility criteria-including top 500 ranking by market capitalisation and traded value, a minimum median quarter sigma order size, a market wide position limit, and minimum average daily delivery value measured on rolling six month bases-must be met continuously for six months for stocks to be introduced or remain in the derivatives segment; failure to meet specified criteria triggers movement to physical settlement and potential exit.

Classification of solar modules depends on diode function: bypass diodes as parts, blocking diodes as machinery for tariff purposes.
Classification of imported solar panels and modules turns on whether incorporated elements control the direction of current or merely protect cells. Bypass diodes divert current around shaded cell strings and thus modules with bypass diodes are classifiable as parts; blocking diodes prevent reverse power flow by controlling current direction and thus modules with blocking diodes, or with both types, are classifiable as machinery.

E-way bill exemption withdrawn across Uttar Pradesh, ending the statewide dispensation from 15 April 2018.
Withdrawal of the earlier Uttar Pradesh GST notification that had declared the entire State as an area where e-way bill generation was not required for movement of goods from one place to another. The earlier exemption notification had operated from 1 April 2018 until further orders, but it was expressly withdrawn by the Commissioner, Commercial Tax, Uttar Pradesh, with effect from 15 April 2018. The notification thus ends the temporary statewide dispensation from the e-way bill requirement under Rule 138(14)(d) of the Uttar Pradesh Goods and Services Tax Rules, 2017.

Delegation of powers assigns hearing of objections to refund-committee orders to the Special Commissioner under DVAT rules.
The Commissioner, under powers conferred by section 68 of the DVAT Act read with rule 48, delegates the authority to hear objections under Section 74(1) against orders of the refund-approval committee concerning high-value refund matters to the officer specified (Special Commissioner), directing that the officer shall exercise those powers and perform attendant duties within their respective jurisdiction with immediate effect.

High-value tax refunds oversight delegated to a Refund Approval Committee with specified member nominations for administrative approval.
The order designates named Special Commissioners as members and the concerned Zonal Incharge as Member Secretary of the Refund Approval Committee, empowering that committee to consider and approve large VAT refund claims in accordance with prior departmental orders that established and subsequently modified the committee's remit, thereby formalising the administrative mechanism for centralized vetting of substantial refund applications.

E-waybill requirement reinstated for intra-state goods movement, mandating e-waybill generation where the prescribed value threshold is exceeded.
The notification rescinds a prior exemption and makes generation of e-waybill mandatory for intra-state movement of goods above the prescribed value threshold, aligning intra-state obligations with inter-state e-waybill requirements and preserving only those exemptions granted under the Andhra Pradesh GST Act and Rules; the change takes effect from 15-4-2018.

No e-way bill requirement for intra-state movement of goods in Andhra Pradesh effective from April 1, 2018.
The Chief Commissioner of State Tax, under clause (d) of sub rule 14 of rule 138 of the Andhra Pradesh GST Rules, 2017, notified that no e-way bill is required to be generated for intra-state movement of any goods of any value in Andhra Pradesh with effect from 1 April 2018, until further orders.

IT grievance redressal mechanism enables remediation of GST portal technical failures and recommends waivers and procedural fixes.
An IT Grievance Redressal Mechanism empowers GSTN, aided by appointed nodal officers, to identify portal-wide technical failures that prevent groups of taxpayers from filing statutory forms or returns. GSTN will collate bonafide-attempt evidence, propose solutions to the GST Implementation Committee (acting as the IT-Grievance Redressal Committee), and implement approved fixes. The Committee can recommend waiver of fines or penalties in mitigation and prescribe specific remediation for stuck TRAN-1s, allowing completion without amendment of recorded credit and coordinating field verification and taxpayer communications.

IT grievance redressal mechanism enables remediation for taxpayers affected by GST portal technical glitches, including filing and penalty waiver procedures.
An IT Grievance Redressal Mechanism addresses systemic GST Common Portal glitches that prevent classes of taxpayers from filing returns or forms; nodal officers and GSTN gather applications and evidence of bonafide attempts, GSTN identifies systemic issues and forwards suggested solutions to the GIC acting as the IT-Grievance Redressal Committee, which may approve remedies, direct implementation, and recommend waiver of fines or penalties to the Government in emergencies, with non-emergency waiver proposals placed before the GST Council.

Clubbing of investment limits: foreign government-linked investors' holdings must be combined, with supervisory reporting and mandated divestment or conversion.
Foreign Governments and related FPIs are subject to a ten percent cap per company, with entities treated as an investor group and their holdings clubbed where common beneficial owners hold more than fifty percent across FPIs; beneficial ownership is determined under Rule 9 of the PMLA Rules. DDPs must ascertain group status at registration, FPIs must disclose investor group information, and custodians/depositories (via NSDL) monitor aggregate holdings. Breaches require divestment within five trading days or conversion to FDI upon immediate notice to SEBI and RBI.

Beneficial owner identification standards tightened for foreign portfolio investors, with thresholds, KYC reviews and compliance timelines.
Beneficial Owners of FPIs must be identified per PMLA Rules: for companies/trusts on ownership (25%) and control bases, for partnerships/unincorporated associations on ownership (15%), with an optional 10% threshold for FPIs from high risk jurisdictions. Apply materiality at the FPI level and then look through material owners; if none, senior managing official is BO. BOs must not be nominees, on UN sanctions lists, or from FATF-deficient jurisdictions. Category II/III FPIs must certify and submit a specified BO list within six months; NRIs/OCIs and resident Indians cannot be BOs. FPIs must not issue or hold bearer shares and must complete periodic risk-based KYC reviews (annual for high risk, triennial for others).

Direct Port Delivery procedures allow shipping lines to nominate any CFS for transfer when DPD containers are not cleared on time.
The notice requires that DPD containers not evacuated within the prescribed time or those damaged/tampered be transferred from port terminals to a CFS for clearance. Port terminals shall transfer such containers to any CFS nominated by the shipping line rather than to a single designated CFS, while importer requests to change CFS remain subject to approval by Customs officials. Shipping lines, terminals and CFSs must notify importers/brokers of transfers and terminals must daily email container details and reasons for non-clearance to the DPD Cell.

Verification of transitional CGST credit in TRAN 1: authorised section 140 credits only, reconcile to CENVAT returns, data first checks.
Only credits expressly authorised by section 140 of the CGST Act may be transitioned in TRAN 1 and the same pre GST credit cannot be availed twice. The guidance identifies the TRAN 1 entries that populate the electronic credit ledger, prescribes reconciliation of Table 5(a) with closing CENVAT balances net of excluded cesses, excludes ineligible taxes, requires documentary proof for capital goods and inputs held in stock, flags verification of anomalous credit growth, and mandates a data first verification approach with summons and enforcement reserved for non cooperation or substantial incongruent claims.

Algorithmic trading regulation: managed co-location, mandatory algorithm identifiers and free tick-by-tick feeds to enhance market fairness.
Exchanges must implement Managed Co-location Services allowing vendors to provide and maintain co-location infrastructure to members while exchanges remain accountable for vendor actions and data integrity. Exchanges shall publish expanded latency metrics including minimum, maximum, mean and percentile figures and a reference latency. Tick-by-tick data feeds must be provided free to members (subject to infrastructure), OTR penalties tightened by narrowing exempted price bands and extending coverage, each approved algorithm must receive a unique identifier and all algorithmic orders must be tagged for surveillance, and exchanges should provide enhanced testing environments for algorithms.

Debenture trustee obligations: mandatory monitoring, disclosure and reporting duties ensure prompt public and regulator notification of issuer defaults.
Consolidates SEBI circulars into a regulatory framework requiring Debenture Trustees to register and report via the SEBI Intermediary Portal, maintain designated regulatory and grievance email IDs, monitor issuer payment status and disclose defaults and rating changes promptly, share prescribed information with Credit Rating Agencies, update a centralized bonds database, submit half-yearly compliance and default reports to SEBI, integrate with the SCORES grievance platform, restrict outsourcing of core and compliance functions while retaining liability, and adopt internal controls and conflict-of-interest policies to protect investor interests.

Acceptance of Letter of Undertaking: online submission generates deemed acceptance on ARN; ineligible LUTs may be rejected ab initio.
An LUT filed by an exporter via FORM GST RFD-11 on the common portal is deemed accepted when an acknowledgement with an Application Reference Number (ARN) is generated online. No physical documents need be submitted to the jurisdictional office for acceptance. If it is later found that the exporter was ineligible to furnish an LUT in place of a bond, the LUT may be rejected and will be treated as rejected ab initio.

Customs duty collection authorization centralizes manual receipts through specified bank branches with PAO accounting and reporting obligations.
Specified State Bank of India branches are authorized to accept manual Customs duty remittances from EOUs, SEZ units and the public under the Customs Commissionerate (Preventive), Vijayawada; these manually collected receipts will be accounted for by the Pay & Accounts Officers of Visakhapatnam, Tirupati and Guntur. Remitters must indicate the designated focal point bank and provide complete remitter and duty details on the challan. Focal point branches must submit challan copies to the jurisdictional PAOs, which in turn must forward collection details and challan copies to the Chief Accounts Officer, Vijayawada within prescribed timelines. The arrangement is treated as a standing order.

Deemed acceptance of LUT upon ARN: online submission via FORM GST RFD 11 allows LUT without physical documents, subject to rejection.
Exporters must submit the Letter of Undertaking via the common portal by filing FORM GST RFD-11; a LUT shall be deemed accepted upon generation of an acknowledgement bearing the ARN. No physical documents are required for acceptance. If an accepted LUT-holder is later found ineligible under the applicable notification, the LUT may be rejected and will be treated as rejected ab initio.

Bank authorized to collect customs duty and disburse duty drawback at LCS Kamardwisa under specified procedural safeguards.
State Bank of India, Pathsala Branch (BSR Code: 0002099) is authorized to collect Customs duty and pay duty drawback under the Physical/EDI system for LCS Kamardwisa (Rangapani) (Location Code: INPBLB) under the Commissionerate of Customs (Preventive), Shillong, effective from the date of issue. The Commissionerate must send designated sanctioning officers' details and specimen signatures to the bank and PAO; consolidated CCDA/payout scrolls with unique identifiers must be transferred to the bank with a single cheque. The bank must verify signatures, credit same-bank exporter accounts promptly, transfer to other banks via RTGS/NEFT within two working days, prepare Daily Payment Scrolls, report undisbursed amounts and failed transactions, and certify that files were not modified.