Renewal of recognition under securities regulation granted to Metropolitan Stock Exchange, subject to SEBI-prescribed compliance.
Renewal of recognition is granted to Metropolitan Stock Exchange of India Limited under Section 4 of the Securities Contracts (Regulation) Act, 1956 for one year from 16 September 2021 to 15 September 2022 in respect of contracts in securities, subject to compliance with conditions as may be prescribed or imposed by SEBI from time to time.

Commencement of constitutional amendment: government notification designates an operative date making the amendment provisions effective.
The Central Government, in exercise of the power conferred by the commencement sub section of the Constitution (One Hundred and Fifth Amendment) Act, 2021, by notification dated 15 September 2021 appoints 15 August 2021 as the date on which the provisions of that Act shall come into force.

Tribunal appointment qualifications and service conditions set out selection process, pay, conduct and post retirement restrictions.
Rules govern appointment and service conditions for tribunal Chairpersons and Members: detailed qualifications per tribunal and post; selection by a Search-cum-Selection Committee using vacancy circulars, scrutiny, personal interaction and panel recommendations; medical fitness requirement; procedures for casual vacancy. They prescribe salary, allowances equivalent to Group 'A' posts with accommodation or rent option, staff-car entitlement, pension/Provident Fund rules, leave and encashment, inquiry procedure for complaints, declaration of assets, post-retirement restrictions, and oath and secrecy obligations, with annexed application and clearance formats.

Deadline extension for specified GST provisos replaces earlier due date with a later one under state notification.
The State Government amends its earlier Madhya Pradesh GST notification by substituting the date references in the ninth and tenth provisos with a later date; the amendment is issued under the Act's statutory authority and is declared to come into force from a specified commencement date in August 2021.

GST compliance amendments extend filing deadlines, remove transitional provisos later, and waive certain restrictions for delayed returns.
The Madhya Pradesh GST Rules, 2017 are amended to extend a proviso deadline in rule 26 and to omit all provisos from a later date; to insert a proviso in rule 138E excluding a specified restriction for a past period where certain returns or outward supply statements for specified months were not furnished; and to modify FORM GST ASMT-14 by adding an order reference insertion, removing language about conducting business without registration despite liability, and adding an "Address" field after "Designation".

Extension of revocation filing period for cancelled GST registrations grants additional time to apply for revocation.
Extension of timelines for filing applications for revocation of cancellation of GST registration where cancellation arose under clauses (b) or (c) of sub section (2) of Section 29; cases with original deadlines falling between 1 March 2020 and 31 August 2021 are granted an extended filing deadline of 30 September 2021, and the notification takes effect on 29 August 2021.

Tariff value fixation for edible oils, metals and areca nut updated, establishing new customs valuation rates effective mid-September.
The Central Board of Indirect Taxes & Customs, invoking section 14(2) of the Customs Act, 1962, amends the principal customs notification by substituting TABLE-1, TABLE-2 and TABLE-3 to prescribe tariff values in US dollars for specified edible oils, brass scrap, areca nut, and defined forms of gold and silver, and states that the substituted tables take effect from the sixteenth day of September, 2021.

Commencement of GST amendment: sections 4 and 5 activated by gubernatorial notification, effective from the appointed date.
By notification S.O. 131 dated 14th September 2021, the Governor, exercising the power under subsection (2) of section 1 of the Bihar Goods and Services Tax (Amendment) Act, 2021, appointed the 1st day of August, 2021 as the date on which the provisions of sections 4 and 5 of the Amendment Act shall come into force; the notification was issued by the Commercial Tax Department and signed by the Commissioner State Tax-cum-Secretary.

Annual GST return obligations updated: revised filing requirements, reconciliation statement and form amendments clarified for taxpayers.
Rule 80 is replaced to require specified registered persons to file annual returns electronically in FORM GSTR-9 (composition taxpayers in FORM GSTR-9A) and electronic commerce operators to file the TCS annual statement in FORM GSTR-9B; taxpayers above the turnover threshold must also file a self-certified reconciliation statement in FORM GSTR-9C with the annual return. Amendments further update FORM GSTR-9 and GSTR-9C instructions and tables to include an additional financial year, clarify Part V reporting for delayed payments and amendments, revise GSTR-9C verification text, and omit Part B Certification.

Exemption from annual return filing for eligible small taxpayers for FY2020-21, effective from August first, 2021.
The Commissioner, on the recommendations of the Council, exempts registered persons whose aggregate turnover in the financial year 2020-21 does not exceed the specified turnover threshold from filing the annual return for that financial year; the exemption is communicated by notification S.O. 129 dated 14th September 2021 and is effective from 1 August 2021.

Commencement of Section 6: gubernatorial notification appoints an operative date for the GST amendment under statutory power.
The Governor of Bihar, under sub section (2) of section 1 of the Bihar Goods and Services Tax (Amendment) Act, 2021, by S.O. 132 dated 14 September 2021, appoints 1 June 2021 as the date on which the provisions of section 6 of the said Act shall come into force.

Concessional GST rate for COVID relief supplies reduces state tax on specified medical drugs, devices and diagnostic kits.
State GST exemption is granted for specified medical goods and COVID relief supplies by limiting state tax to the rate shown for each listed tariff item, thereby reducing or nil rating state tax on enumerated drugs, diagnostic kits and medical devices used in COVID treatment and relief.

GST rate reduction for composite works contracts on funeral-related structures applied temporarily under state notification.
The notification temporarily reduces the state tax on services classed as a composite supply of works contract for construction, erection, commissioning, installation, completion, fitting out, repair, maintenance, renovation or alteration of structures meant for funeral, burial or cremation by inserting a proviso in the Table to the earlier notification, so that the reduced state tax rate applies during the specified period irrespective of the rate earlier specified against the item.

Goods and services tax amendment reshapes deemed supply, annual returns, interest liability, detention penalties, and information powers.
The amendment inserts a deemed-supply clause for transactions between certain persons and their members or constituents, revises input tax credit conditions, substitutes the annual return provision, and modifies interest on delayed tax payment. It also changes provisional attachment, appeal requirements for detention or seizure orders, and the penalty and release framework for detained goods and conveyances. Further changes substitute the power to call for information, require an opportunity of hearing before use of proceedings material, and omit a Schedule II entry retrospectively.

Anti dumping duty: exporter name amended to reflect corporate name change, affecting existing duty notification administration.
Pursuant to statutory powers and the Designated Authority's recommendation that the change is a mere name alteration, the Central Government amends the existing anti dumping duty notification by substituting the exporter name in the Table-replacing the prior exporter designation with the corrected corporate name in the specified columns for the affected entry.

Revocation time-limit for cancelled GST registrations extended to 30 September 2021 for filings due between March 2020 and August 2021.
Where a registration cancelled for non furnishing of GSTR 3B or GSTR 4 had its revocation application period falling between 1 March 2020 and 31 August 2021, the time for filing an application for revocation is extended up to the 30th day of September, 2021; the notification partially modifies prior departmental notifications and is deemed effective from 29 August 2021.

Amnesty extension for late fee waiver for delayed GSTR-3B filing by notification; eligibility period widened accordingly.
The notification amends earlier Notification No. 1895-F.T. by substituting the date in the ninth and tenth provisos-extending the period for waiver of late fees for delayed furnishing of FORM GSTR-3B to 30th November, 2021-and declares the amendment effective from 29th August, 2021.

GST compliance extension and a limited exception for late return filing alter credit restriction and amend assessment form details.
The Seventh Amendment updates GST Rules by extending a proviso deadline in rule 26 and later omitting all provisos; inserts a time-limited exception in rule 138E exempting the restriction where specified returns or statements for March-May 2021 were not filed; and amends FORM GST ASMT-14 to add an order reference entry, remove wording about conducting business without registration, and include an address field after designation.

Free import policy extension for tur and urad; consignments require timely bill of lading issuance and customs clearance.
Extension of the Free import policy for Tur (Pigeon Peas) and Urad (Vigna mungo) maintains concessional import treatment and conditions consignments to having a Bill of Lading issued by the prescribed cutoff and to being cleared through Customs by the stated final clearance cutoff, thereby tying admissibility under the Free policy to shipping documentation and Customs clearance timelines.

Timing of tax liability: liability must be recorded in the tax period containing the completion certificate issuance or first occupation.
The amendment substitutes wording so that the liability to pay state tax must be recognised in a tax period not later than the tax period in which the issuance date of the completion certificate or the date of first occupation, whichever is earlier, falls; it also replaces the phrase identifying the relevant registered persons with ", who shall". The change is effected under section 148 on GST Council recommendations and is deemed effective from 2nd June, 2021.