Time-bound return obligation for semi-finished goods in gems and jewellery units: subcontracted studding materials must be returned within prescribed period.
The 2022 amendments to the Special Economic Zones Rules substitute provisos in rule 41(1)(a) and rule 42(1)(ii)(h) to require gems and jewellery units to return semi finished goods, precious metals and other raw material (excluding diamonds, precious and semi precious stones and lab grown diamonds) brought out of the Special Economic Zone for subcontracting of studding back into the unit within a prescribed short period; the amendments come into force on Gazette publication under section 55 of the SEZ Act.

Special composition scheme inclusion for brick products expands eligible HSN entries, clarifying scope and applicability.
Amendment to Notification No. 14/2019 inserts four HSN entries and descriptions for fly ash bricks or aggregate, bricks of fossil meals or similar siliceous earths, building bricks, and earthen or roofing tiles into the table of goods eligible under the special composition scheme for brick kilns under the proviso to section 10; the amendment is effective from the first day of April, 2022 and follows the Council's recommendation.

Special composition scheme for brick kilns expanded to include specified brick categories under amended state GST notification.
Amendment introduces a special composition scheme for brick kilns by inserting tariff entries for fly ash bricks and fly ash blocks; bricks of fossil meals or similar siliceous earths; building bricks; and earthen or roofing tiles into the Table of Notification No. 10/2019 State Tax, thereby covering these specific brick and tile products under the notified composition framework for State GST, with effect from the commencement date specified in the notification.

Concessional rate for intra-state brick supplies conditioned on not availing input tax credit, triggers ITC reversal rules.
Grants a concessional State GST rate on specified intra state supplies of bricks, blocks and tiles by exempting State tax in excess of the notified rate, conditioned on the supplier not availing Input Tax Credit; where inputs are partly for these supplies and partly for other taxable supplies, input tax credit must be reversed as if the supplies were exempt under subsection (2) of section 17 and related rules.

GST rate amendment: specified building materials reclassified into a higher tax slab, changes effective from April.
Amendment revises the State tax rate notification by omitting specified entries from the lower-rated Schedule I and inserting specified brick and tile product entries into Schedule II with prescribed tariff headings and commodity descriptions, under the Maharashtra Goods and Services Tax Act, 2017; the amendment takes effect on the commencement date stated in the notification.

Registration threshold reduction under Punjab GST: limit lowered, altering taxpayer registration and compliance obligations effective from the amendment.
Amendment to a prior Punjab GST notification reduces the registration threshold specified in the first paragraph of that notification, substituting the earlier higher turnover limit with a lower turnover limit, with effect from the specified commencement date, thereby altering which taxpayers meet the turnover criterion for registration and associated compliance obligations under the Punjab GST framework.

Tariff classification amendment consolidates listed subheadings into a single subheading, modifying the customs notification entry.
A corrigendum to Notification No. 14/2022 Customs substitutes the tariff subheadings "3824 90 21, 3824 90 90" with "3824 99 00" at serial number (106) in column (2) of the notification table, recording the correction in the Gazette and amending the tariff classification for the referenced entry within the Customs Miscellaneous Exemption Notifications.

Tariff corrigendum: textual and tariff-heading corrections issued to rectify drafting errors in a Customs exemption notification.
Corrections amend textual and tariff-heading entries in a published Customs exemption notification by replacing specified words and tariff classification numbers in designated column and line references to rectify drafting errors in the Gazette publication.

Tariff corrigendum updates classification references and clarifies liquid crystal device descriptions for listed goods.
A Corrigendum amends specific entries in the Customs tariff Table: certain tariff references in column (2) are substituted with corrected headings, and column (3) descriptions for particular sub-serials are revised to specify applicability to goods mentioned at S. Nos. 1 to 38A, clarifying the scope of liquid crystal devices and their parts in serial number 4.

Corrigendum to customs notification revises tariff references and product descriptions to clarify exemption scope.
Corrigendum to Notification No. 55/2021-Customs replaces specified textual and tariff references in the Gazette entry: "8802 (except 8802 60 00) or 8806" becomes "Any Chapter"; "All goods" is clarified to parts (other than rubber tyres and tubes) of aircraft of heading 8802 or 8806; a closing parenthesis is added to "recorder"; and tariff entry "9405 00 00" is corrected to "9405 50 00", thereby aligning the published wording with the intended exemption scope.

Correction to statutory reference: citation amended to refer solely to sub-section of Section 9, removing Section 15 mention.
Corrigendum to the Finance Department notification corrects the English version by replacing the phrase that cited two provisions with a single citation: the text in line 1 and 2 should read only "sub-section (1) of Section 9," thereby removing the other cited provision from the English version.

Exchange rate determination: CBIC prescribes import and export currency conversion rates effective on the notified date for customs valuation.
The Central Board fixes specific foreign currency conversion rates for customs purposes, with separate import and export columns, superseding the prior notification and effective from the stated date. Two annexed schedules set rates per one unit for listed currencies and per one hundred units for others; those schedule rates are to be applied for customs valuation and assessment of duties and obligations from the effective date.

Section 73 assessment functions are assigned to designated officers, with assessments conducted exclusively through the Scrutiny Module.
Assessment functions under section 73 of the Telangana Goods and Services Tax Act, 2017 are assigned to specified Deputy Commissioners and an Assistant Commissioner (ST) Audit for identified taxpayers and financial years. Assessments must be conducted only through the Scrutiny Module, following the procedure prescribed under the TGST and CGST Acts, 2017.

Members' personal data protection: specified member particulars excluded from public inspection and extraction from company registers.
The amendment inserts sub rule (3) into rule 14 to bar inspection, extraction or copying of specified particulars from a company's register, index or return of members for the purposes of the inspection and extract provisions: address or registered address (for bodies corporate), e mail ID, Unique Identification Number and PAN Number, thereby limiting access to these sensitive identifiers notwithstanding prior sub rules permitting general inspection.

Infrastructure debt fund rules amended to permit zero coupon and currency bonds with sinking fund and electronic filings.
The rules amend 2F and 8B to include infrastructure debt funds as issuers of rupee or foreign currency bonds under RBI and FEMA directions, or zero coupon bonds under rule 8B; require infrastructure debt funds issuing zero coupon bonds to maintain a sinking fund investing accrued interest in Government securities; mandate Form 5B and Form 5BA submissions (including accountant certificates) be filed electronically; prescribe application timelines and six month disposal, documentary requirements, and empower Income tax (Systems) officials to specify electronic procedures and security standards.

Name substitution in customs exemption notification: De Beers India Pvt Ltd replaces prior listed entity for the designated serial entry.
Amendment under section 25 of the Customs Act, 1962 substitutes the Table entry at serial number 3 in Notification No. 40/2015 Customs, replacing the previously listed entity with "De Beers India Private Ltd, Surat, Gujarat, India," thereby effecting a change in the designated beneficiary recorded in the exemption schedule.

Voluntary liquidation timelines and compliance certificate requirements revised, updating stakeholder list, form and submission obligations for liquidators.
The amendment revises procedural references and terminology, shortens and extends specific liquidator timelines depending on creditor approval, requires a prompt stakeholder list where no claims are received, replaces form references and inserts a detailed compliance certificate form that the liquidator must submit with the dissolution application to the Adjudicating Authority, setting out realizations, distributions, deviations, avoidance applications, record preservation and a certification of accuracy.

GST schedule amendment adds fly ash bricks, building bricks and roofing tiles to the notified goods list, effective from April.
The State Government amends the Odisha GST notification to insert, after serial number 3, four tariff entries with HSN codes covering fly ash bricks or fly ash aggregate with 90 per cent or more fly ash content and fly ash blocks; bricks of fossil meals or similar siliceous earths; building bricks; and earthen or roofing tiles. The amendment is incorporated into Notification No. 8241-FIN-CTI-TAX-0043/2017 and is deemed effective from 1 April 2022.

GST notification amendment expands state GST classification to include specified brick and tile products under the schedule.
The State Government amends the Odisha GST notification by inserting specified brick and tile products-including fly ash bricks or fly ash aggregate with high fly ash content, fly ash blocks, bricks of fossil meals or similar siliceous earths, building bricks, and earthen or roofing tiles-into the annexure table after the existing serial entry, thereby integrating those goods into the state GST classification and levy framework; the amendment is deemed to have come into force from the commencement date stated in the notification.

Concessional SGST rate on specified brick supplies is available only if input tax credit is not availed and reversed.
Concessional State GST applies to intra state supplies of specified bricks and earthen roofing tiles where suppliers have not availed input tax credit on goods or services used exclusively for those supplies and have reversed any partly used input tax credit as if the supplies were exempt; the tariff interpretation follows the First Schedule to the Customs Tariff Act and the concession is effective from the first day of April, 2022.