Vulnerability assessment and penetration testing required by MIIs, with empaneled testers and mandatory remediation and reporting.
MIIs must classify and maintain Board approved inventories of critical assets and perform periodic VAPT covering all critical systems, using CERT In empaneled firms; final VAPT reports, after standing committee approval, must be submitted to the regulator and vulnerabilities remediated promptly with closure compliance filed within three months. MIIs must conduct VAPT before commissioning new critical systems, undertake periodic cyber audits, submit MD/CEO compliance declarations with audit reports, amend governance instruments as necessary, and report implementation status to the regulator immediately.

Input tax credit mismatch monitoring requires timely Section 73 action and mandatory entry of follow-up details.
Input tax credit mismatches between FORM GSTR-3B and GSTR-2A were identified in the GST MIS Red Flag Module for 2017-18 and 2018-19. Field officers are directed to complete proceedings under Section 73 within the prescribed limitation period and to mandatorily record the details of action taken in the departmental Entry Module for effective monitoring.

Certificate of Origin authorization expanded to include Vizagpatam Chamber; Nag Vidarbha Chamber contact and address details amended.
Authorization under paragraph 2.04 of the Foreign Trade Policy adds Vizagpatam Chamber of Commerce and Industry to Appendix 2E as an agency authorized to issue Certificate of Origin (Non-Preferential). The Public Notice also amends the recorded contact details and address for Nag Vidarbha Chamber of Commerce in Appendix 2E to update its premises, telephone, mobile, email and website information for issuance of non preferential Certificates of Origin.

Security cover format and trustee monitoring rules revised: quarterly certified coverage, valuation standards, disclosure timelines, and REF verification strengthened.
SEBI revises the security cover certificate format and related processes: issuers must produce quarterly certificates with statutory auditor certification of book values, provide market values or justified carrying values, include separate standalone and consolidated tables where third party/group assets are used, and add a column for debt not backed by assets. Debenture Trustees must quarterly certify market values after due diligence, document reasons for reductions, ensure disclaimers do not impair debenture holder rights, and may appoint a lead trustee for pari passu charges. Standard formulas for exclusive and pari passu cover ratios and UDIN requirements are prescribed.

Rights issue timing change: RE trading must end at least three working days before issue closure to allow settlement.
The circular amends the timing requirement for rights issues: the previous 'at least four days' gap between closure of RE trading and issue closure is replaced with 'at least three working days' to accommodate T+2 settlement and one additional day for investor application; the change applies immediately to all rights issues and fast track rights issues and requires involved entities and stock exchanges to ensure and disseminate compliance.

Taxpayer authorization for official visits required, central communication IDs mandated and blocked input tax credit subject to prioritized review.
Field officers must display identity and carry proper authorization before entering taxpayer premises; tax inspectors are limited to inspections under Rule 25 or participation in search, inspection or audit. Inquiry officers must provide a reasonable opportunity to complainants while discouraging repeated summonses. All communications must carry an online BO web system ID, with specified fallbacks and supervisory exemptions. Blocked input tax credit under Rule 86A must be reviewed by designated officers, unblocked when restrictions no longer apply, and prioritized if blocked for more than one year, consistent with circular guidance and GSTN automation.

Tariff Rate Quota application deadline extended for India UAE CEPA allocations to permit additional submissions under allocation process
Extension of the Tariff Rate Quota (TRQ) application deadline for allocations under the India-UAE CEPA first two quarters. The DGFT, under powers from the Foreign Trade Policy, 2015-20, amends condition (f) of Annexure IV of Appendix 2A and extends the last date for online submission of TRQ applications until 31 May, thereby modifying the submission timeframe for quota allocation without altering eligibility or allocation methodology.

Settlement in INR permitted for specified trade financing with Sri Lanka under FEMA authorisation, outside ACU mechanism.
RBI permits settlement in INR outside the ACU mechanism for trade transactions arising from the Government guaranteed credit facility to Sri Lanka; financing is limited to exports eligible under the Foreign Trade Policy and agreed to be financed under the credit agreement, effective immediately, with AD Category I banks required to notify constituents and obtain full facility details, and the directions issued under FEMA subject to other legal permissions.

Re-crediting of CO Bond requires monthly submission of import and export details to Container Cell for verification and bond reconciliation.
Where ICES v1.5 lacks an automated re-credit function, MLO/Shipping Agents must submit monthly import and matching export details (IGM and landing application numbers/dates, container numbers, shipping bill and EGM numbers/dates, POMS/ITDR) to the Container Cell email by the 5th; the Container Cell will verify submissions in ICES and forward verified applications to the Assistant/Deputy Commissioner for CO Bond reconciliation and issuance of cancellation certificates. The amendment is effective from 17/05/2022.

Export prohibition on wheat: online registration allowed for pre-existing irrevocable commercial letters of credit, manual filings barred.
The export policy for wheat is amended to a prohibition, and DGFT has implemented an online portal to register Irrevocable Commercial Letters of Credit opened on or before the amendment date under Para 1.05(b) of the Foreign Trade Policy; manual submissions are disallowed and Regional Authorities are instructed to process complete applications promptly.

Prohibition on wheat exports: consignments registered with Customs on or before the cutoff remain eligible for export.
Prohibition on export of wheat implemented by amendment designates wheat as prohibited for export effective immediately; DGFT regional authorities, Customs and trade must enforce the ban. Exception: consignments handed to Customs for examination and registered in Customs systems on or prior to 13.5.2022 are allowed to be exported under Para 9.12(B) of the Handbook of Procedure, 2015 2020.

Dynamic QR Code compliance on B2C invoices is aligned with central GST guidance for uniform State GST implementation.
Dynamic Quick Response (QR) Code compliance for business-to-consumer invoices is to be administered uniformly under the Chhattisgarh Goods and Services Tax framework in relation to Notification 14/2020-Central Tax. The corresponding central GST guidance on dynamic QR code applicability and compliance is applied, with necessary modifications, for implementation under the State GST law.

Input tax credit apportionment in business reorganisations follows a uniform framework under applicable GST provisions.
Input Tax Credit (ITC) apportionment in business reorganisation cases under Section 18(3) of the Chhattisgarh Goods and Services Tax Act, read with Rule 41(1) of the Chhattisgarh Goods and Services Tax Rules, is to follow a uniform framework. The framework prescribed in Circular No. 133/03/2020-GST applies with necessary modifications under the Chhattisgarh GST regime for determining the apportionment of ITC upon business reorganisation.

Recovery proceedings under the SGST framework follow adapted uniform guidelines for cases covered by the statutory explanation.
Recovery proceedings under Section 79 of the Chhattisgarh SGST Act, 2017, in matters falling within the Explanation to Section 75(12), are governed by Instruction No. 01/2022-GST with necessary modifications. The adapted framework applies to recovery action and the applicability of related statutory provisions, extending central GST recovery instructions to the Chhattisgarh SGST regime for uniform administration.

GST on restaurant services through e-commerce operators follows the central clarification, with necessary modifications for uniform state application.
GST treatment of restaurant services supplied through e-commerce operators is aligned under the Chhattisgarh Goods and Services Tax Act, 2017 with the corresponding Central Government clarification. The Commissioner of State Tax, exercising powers under section 168(1), applies Circular No. 167/23/2021-GST with necessary modifications to secure uniform application of GST provisions to these supplies within Chhattisgarh.

GST rate and exemption clarifications for specified services apply under the State GST framework, ensuring uniform implementation.
Clarifications on applicable GST rates and exemptions for certain services are made applicable under the Chhattisgarh Goods and Services Tax Act, 2017. The measure adopts relevant Government of India clarifications and applies them, with necessary modifications, as though issued under the State GST law, to ensure uniformity in the application of GST provisions.

GST rate and goods classification clarifications apply uniformly through adoption of central guidance under State GST law.
GST rate and goods-classification clarifications are adopted for application in Chhattisgarh to secure uniformity in State GST administration. Exercising the instruction-making power under section 168(1) of the Chhattisgarh Goods and Services Tax Act, 2017, the Commissioner of State Tax directs that the related provisions operate for State GST purposes with necessary modifications, as if issued under that Act.

Uniform GST application requires adoption of central guidance, with necessary modifications under the applicable State GST framework.
The State Tax Commissioner adopts central GST Policy Wing provisions concerning the applicability of GST Act provisions to certain GST-related issues. Those provisions are to operate for Chhattisgarh GST purposes with such modifications as are necessary and are to be treated as issued under the Chhattisgarh Goods and Services Tax Act, 2017. They form the State-level basis for consistent application of GST Act provisions to the identified issues.

Revocation of cancelled GST registration applications receive an extended time limit under the applicable uniform implementation framework.
Extension of the time limit for applying for revocation of cancellation of GST registration is clarified under the Chhattisgarh Goods and Services Tax framework in line with the corresponding Central Tax and State Tax notifications. For uniform implementation, the clarification governing this extension is applied with necessary modifications under the Chhattisgarh Goods and Services Tax Act, 2017.

GST limitation-period extension adopts central guidance with necessary modifications for proceedings affected by the applicable limitation-relief order.
Extension of limitation periods under the Chhattisgarh Goods and Services Tax Act, 2017 is governed, with necessary modifications, by the provisions issued on 20 July 2021 concerning the Supreme Court's order dated 27 April 2021. Exercising powers under section 168(1), the Commissioner of State Tax makes those provisions applicable under the Chhattisgarh GST Act to secure uniform application of the extended GST limitation framework.