E-invoicing requirement: registered taxpayers exceeding the turnover threshold must issue e-invoices for supplies to registered persons.
Notification prescribes e-invoicing obligations for registered persons whose aggregate turnover exceeds fifty crore in a financial year, requiring them to prepare invoices and other prescribed documents for supplies to registered persons under sub-rule (4) of rule 48 of the Tripura State GST Rules, 2017; it supersedes an earlier notification except as to prior acts and comes into force on 01 April 2021.

Exclusion from applicability of Section 25(6B)/(6C): specified non citizens and government entities exempted under state notification.
The notification states that sub-section (6B) or sub-section (6C) of Section 25 of the Madhya Pradesh GST Act shall not apply to persons who are not Indian citizens, Central or State Government departments or establishments, local authorities, statutory bodies, Public Sector Undertakings, and applicants for registration under the specified registration provision; it supersedes the earlier notification and is effective from 23 February 2021.

Income tax rules amendment mandates electronic Form filings, URN issuance for approvals, and annual donor reporting.
The 2021 amendments revise Rules 2C, 5C, 5F, 11AA, 17A and insert Rules 5CA and 18AB to require prescribed electronic applications (Forms 10A, 10AB, 3CF) for registration/approval/intimation, attach specified self certified documents, verification under section 140, issuance of a sixteen digit URN on grant of approval (Forms 10AC/10AD), cancellation procedures for false or incomplete filings after hearing, and system administration by the Principal Director General/Director General of Income tax (Systems). Rule 18AB mandates annual electronic donor reporting in Form 10BD and donor certificates in Form 10BE with timelines and correction procedures.

Anti-dumping duty on 2 Ethyl Hexanol continued, imposing country- and producer-specific import duties to prevent dumped imports.
Continued anti-dumping duty is imposed on 2-Ethyl Hexanol (tariff item 2905 16 20) from the European Union, Indonesia, Korea RP, Malaysia, Taiwan and the United States for five years, with differentiated per-metric-ton USD rates for specific producers, other exporters and third-country exports; duties payable in Indian currency. The measure rests on findings of continued dumping, likelihood of dumped imports entering the market on expiry, vulnerability and likely injury to the domestic industry, and specifies exchange rate determination and the relevant date for conversion.

Rescission of anti dumping notification withdraws an earlier customs instrument while preserving prior actions.
The Central Government, invoking powers under the Customs Tariff Act and the Customs Tariff Rules relating to anti dumping duty, hereby rescinds notification No. 10/2016 Customs (ADD), dated 29 March 2016, subject to a savings provision preserving actions done or omissions made before the rescission.

Anti-dumping duty continuation on tyre curing presses from China remains in force until the specified September deadline.
Amendment inserts a paragraph in Notification No. 11/2016 Customs (ADD) providing that the anti dumping duty on Tyre Curing Presses (HS 8477 51 00) originating in or exported from the Peoples' Republic of China shall remain in force up to and inclusive of the 30th September, 2021, unless revoked, superseded or amended earlier, pursuant to sub sections (1) and (5) of section 9A of the Customs Tariff Act and rules 18 and 23 of the Anti dumping Rules, following initiation of a review under sub section (5) of section 9A.

IFSC finance company registration requires capital, prudential compliance, permitted-activity controls, and ongoing governance, reporting, and anti-money-laundering obligations.
Finance Companies and Finance Units in International Financial Services Centres require registration, cannot accept public deposits, and must maintain prescribed owned funds. Registration may be conditional or provisional, while deficiencies require an opportunity for rectification and written submissions before refusal. Entities must meet prudential capital, liquidity, and exposure requirements, undertake only permitted specialised, core, or non-core activities, and avoid speculative transactions. Non-core activities require separate departments, conflict-of-interest firewalls, and customer-redressal policies. Operations, reporting, governance, foreign-exchange compliance, and anti-money-laundering controls remain subject to specified requirements.

Portfolio management and investment advisory services become permitted banking activities for Indian and overseas residents in International Financial Services Centres.
Banking activities in International Financial Services Centres are expanded to permit banking units to offer Portfolio Management services and Investment Advisory services to persons resident in India and persons resident outside India. These activities are inserted into the permitted activities framework under the International Financial Services Centres Authority (Banking) Regulations, 2020, with effect upon publication in the Official Gazette.

Commencement of section 7 of Delhi GST Amendment Act notified, appointed effective from 10 November 2020.
The Lieutenant Governor, under clause (ii) of section 1 of the Delhi Goods and Services Tax (Amendment) Act, 2019, notifies that the provisions of section 7 of the Act shall come into force on the 10th day of November, 2020, by State Tax notification issued by the Finance (Expenditure-IV) Department dated 25th March 2021.

Common Adjudicating Authority appointed to consolidate adjudication of specified customs show cause notices, centralising proceedings across multiple ports.
Appointment of a Common Adjudicating Authority under clause (a) of section 152 of the Customs Act, 1962 to consolidate adjudication of specified Directorate of Revenue Intelligence show cause notices. The Principal Director General, Revenue Intelligence appoints listed customs officers to exercise the powers and discharge duties of the originally named adjudicating authorities for the noticees and notices set out in the table, covering multiple ports and customs formations and specifying ranks of authorised officers for adjudication.

Refund entitlement for airport retail outlets supplying tax free goods to outgoing international tourists, subject to rule 95A conditions.
Specifies that retail outlets in the departure area of an international airport, beyond immigration counters, making tax free supply to an outgoing international tourist, are a class of persons entitled to claim refund of the applicable State tax paid on inward supply of such goods, subject to the conditions in rule 95A of the Delhi Goods and Services Tax Rules, 2017.

Commencement of sections 23 and 45: specified provisions of Companies (Amendment) Act come into force on appointed date.
The Central Government, exercising the power under sub section (2) of section 1 of the Companies (Amendment) Act, 2020, appointed 24 March 2021 as the date on which sections 23 and 45 of the Companies (Amendment) Act, 2020 shall come into force by official notification.

Enhanced financial disclosures require ageing schedules, promoter shareholding, fund flow and crypto holdings disclosures in company accounts.
Amendments to Schedule III (effective 1 April 2021) revise presentation and significantly expand disclosure requirements: replace "Turnover" with "Total Income"; relabel Tangible Assets as Property, Plant and Equipment and add Intangible Assets; revise Statement of Changes in Equity; recognise lease liabilities; require promoter shareholding disclosure; separate current maturities of long term borrowings; mandate ageing schedules for trade receivables and payables and disclosure of unbilled dues; require title deed details for immovable property not held in company name; require disclosures on revaluations by registered valuers, loans to promoters/directors/KMPs, use of borrowed funds and intermediary fund flows, benami property proceedings, struck off company transactions, wilful defaulter status, CSR, undisclosed income, and crypto currency holdings.

Intermediated funds disclosure: companies must represent no undisclosed routed loans and auditors to verify accordingly.
Amendments to rule 11 add that management must represent no undisclosed advances, loans, or investments to intermediaries or receipt of funds from funding parties with arrangements to onlend or secure for ultimate beneficiaries, except as disclosed; auditors must perform reasonable audit procedures and report material misstatements of those representations. Auditors must also confirm dividend compliance with the Companies Act and whether accounting software used maintained an untampered audit trail preserved per record-retention requirements.

Audit trail requirement for accounting software mandates immutable edit logs to strengthen transaction transparency and auditability for companies.
The amendment mandates that companies using accounting software must use systems with an audit trail that records every transaction, creates an edit log with change dates, and cannot be disabled, and expands annual disclosure requirements to include details and year end status of Insolvency and Bankruptcy Code applications or proceedings and explanations of differences between one time settlement valuations and valuations used for obtaining bank or financial institution loans.

VAT exemption for diplomatic mission added: Republic of Chad eligible for VAT refund subject to invoice threshold.
The Sixth Schedule of the Delhi Value Added Tax Act, 2004 is amended to insert the Republic of Chad in the List of Embassies, enabling a VAT exemption/refund for taxable goods for official and personal use of its diplomats in response to a reciprocity request, subject to the condition that each invoice meets a specified minimum invoice value, under authority of sub-section (2) of Section 103.

Extension of annual GST return filing deadline permits electronic submission through the common portal under state notification.
The Commissioner, exercising statutory powers and on Council recommendation, extends the time for electronic furnishing of the annual return through the common portal for the 2019-20 financial year, by state notification made effective retrospectively from the end of December 2020.

Commencement date: specified provisions of the Delhi GST Amendment Act take effect from the appointed date.
Appoints the 1st day of January, 2021 as the date on which the specified provisions of the Delhi Goods and Services Tax (Amendment) Act, 2020 shall come into force, under the power conferred by sub section (2) of section 1 of the Amendment Act, by a State Tax notification issued by the finance department recording the executive signatory.

Invoice Reference Number requirement: specified taxpayers must obtain IRN via FORM GST INV-01 within thirty days or invoice invalid.
Notification requires specified registered persons who issued invoices not in the prescribed manner to obtain an Invoice Reference Number (IRN) by uploading required particulars in FORM GST INV-01 on the Common GST Electronic Portal within thirty days of the invoice date; failure to obtain IRN within thirty days will mean the document will not be treated as an invoice.

Revenue threshold for Goa GST notification reduced under rule 48, altering eligibility for compliance from April 2021.
Amendment substitutes the previously specified higher monetary threshold with a lower threshold in Government Notification No. 38/1/2017-Fin(R&C)(133) under sub rule (4) of rule 48 of the Goa Goods and Services Tax Rules, 2017, effective 1 April 2021, thereby changing the eligibility metric for the cited GST provision.