Extension of time to finalise export modalities for Red Sanders heartwood logs; completion required by the state department.
The Forest Environment & Climate Change Department, Government of Odisha is allowed time up to 6th October, 2023 to finalise modalities for export of the Red Sanders Heart Wood in log form; Notification No. 35/2015-20 dated 07.10.2021 is amended only to extend this timeline while other provisions remain unchanged.

Appointment of Inspector of Agricultural Income tax as State GST officer enabling Commissioner assigned State Tax functions.
Any person appointed as Inspector of Agricultural Income tax is designated an officer under the West Bengal Goods and Services Tax Act, 2017, and shall perform such functions of State Tax officers as may be assigned by the Commissioner of State Tax; the appointment is declared to have effect from 20th July, 2022.

GST amendment: substitution of fly ash products in rate notification, altering product classification and applicability terms.
The Lieutenant Governor, under the proviso to section 10(1) of the Delhi GST Act, has amended Notification No.14/2019-State Tax by substituting in the TABLE against serial number 4 the entry in column (3) with "Fly ash bricks; Fly ash aggregates; Fly ash blocks", thereby altering the product description for that serial entry. The amendment is effective from 18th July, 2022 and is framed as a further amendment to the principal notification, which was earlier amended by Notification No.04/2022.

Notification amendment substitutes entry to list fly ash bricks, aggregates and blocks, modifying the GST product description.
The notification amends Notification No. 10/2019-State Tax by substituting, against serial number 4 in the Table, the entry in column (3) with "Fly ash bricks; Fly ash aggregates; Fly ash blocks", thereby changing the product description in the notification; the substitution takes effect on 18th July, 2022.

Notification amendment changes the operative deadline under Delhi GST by substituting the date in the sixth proviso.
The notification substitutes the date specified in the sixth proviso of Notification No. 73/2017-State Tax, effecting a change to the operative deadline in that proviso; the amendment is made by the Lieutenant Governor of the National Capital Territory of Delhi under the delegated GST powers on the Council's recommendation and references the principal notification and its earlier amendment.

GST compliance rules updated for suspension revocation, refund processing, interest calculation, and annual return reporting requirements.
Amendments to the Uttar Pradesh Goods and Services Tax Rules, 2017 revise registration suspension, invoice declarations, re-credit of erroneous refunds, payment modes, interest calculation on delayed tax payment and wrongly availed input tax credit, export refund procedures, and annual return reporting. The amendments also update FORM GSTR-3B, FORM GSTR-9, FORM GSTR-9C, FORM GST PMT-03A, FORM GST PMT-06, FORM GST PMT-07, FORM GST PMT-09 and FORM GST RFD-01, while omitting rule 95A and FORM GST RFD-10B with retrospective effect.

Commencement of Uttar Pradesh GST amendment provisions set for sections 2 to 15 with specific exclusions.
Commencement is fixed for the Uttar Pradesh Goods and Services Tax (Amendment) Act, 2022 by appointing 1 October 2022 as the date on which sections 2 to 15 are deemed to have come into force, subject to the express exclusion of clause (c) of section 12 and section 13. The notification operates as the statutory commencement instrument for the amendment Act and identifies the precise provisions brought into force from the specified date.

Retrospective commencement of GST amendment provisions fixes the appointed date for key Uttar Pradesh tax changes.
Section 12 and section 13 of the Uttar Pradesh Goods and Services Tax (Amendment) Act, 2022 are brought into force retrospectively by notification, with the appointed date fixed as 5 July 2022. The notification declares that clause (c) of section 12 and section 13 are deemed to have come into force from that date.

Tariff amendment under GST notification expands list to include specified vegetable oils, fats and certain solid fuels.
The State GST rate notification is amended to insert multiple specific tariff entries for various vegetable oils, vegetable fats and their mixtures, and certain solid fuels into the TABLE, renumber an existing serial entry, and substitute the proviso reference in the opening paragraph; the changes are made under the proviso to sub section (3) of section 54 of the Delhi GST Act on Council recommendations and take effect from the stated commencement date.

Pre-packaged and labelled exclusion narrows GST rate schedule entries by excluding pre-packaged and labelled goods from concessions.
Amendment revises GST rate schedule entries to substitute the phrase ", other than pre-packaged and labelled" for prior exclusions across multiple serial numbers, omits certain schedule entries, adjusts specific product descriptions, and removes the term "purified" in one entry; it also replaces the Explanation clause to define "pre-packaged and labelled" by reference to the Legal Metrology Act, 2009, requiring package or label declarations as mandated.

GST rate amendments expand 'pre-packaged and labelled' classification, add Schedule VII rate, and redefine the qualifier under Legal Metrology.
The notification amends the State GST rate schedule by inserting a new 0.75% Schedule VII, revising multiple schedule entries to add, omit or rephrase descriptions (notably standardising the qualifier "pre-packaged and labelled" for numerous goods), adding specified medical, leather, map, solar, fly ash and machinery items, and redefining "pre-packaged and labelled" by reference to the Legal Metrology Act, 2009; the changes take effect from the stated commencement date.

Special additional excise duty on diesel altered, replacing prior rate with a revised per litre charge effective immediately.
Amendment to Notification No. 04/2022-Central Excise substitutes the entry for S. No. 2 in the Table with a revised per litre charge for diesel, effected under section 5A of the Central Excise Act, 1944 read with section 147 of the Finance Act, 2002, and coming into force on 17 November 2022.

Special Additional Excise Duty increase on petroleum crude production takes effect, amending the prior excise notification.
Amends Notification No. 18/2022-Central Excise by substituting the entry in column (4) against S. No. 1 in the Table to increase the Special Additional Excise Duty on production of petroleum crude; enacted under Central Excise and Finance Act authority and effective from 17 November 2022 as a further amendment to the principal notification.

Sovereign wealth fund exemption under clause 23FE conditioned on filing, audit, reporting, ownership and holding requirements.
The notification specifies the Public Investment Fund as the specified person for exemption under clause (23FE) of section 10 for investments in India made up to 31 March 2030, subject to conditions: timely filing of returns; statutory audit and submission of the prescribed audit report; quarterly electronic reporting in Form II; maintenance of segmented accounts; minimum three year holding; exclusive government ownership and control; regulation under the Government of the Kingdom of Saudi Arabia; prohibition on borrowings for investment in India; earnings to accrue to the Government; and restrictions on day to day participation in investees.

Transfer of proceeds and dividends: funds must remit within Board specified timeframes, with interest for delay and limited physical dispatch.
The amendment replaces Regulation 53 to require mutual funds and asset management companies to transfer dividend payments and redemption or repurchase proceeds to unitholders within periods to be specified by the Board; asset management companies must pay interest to unitholders for delays at Board-specified rates. Payment of interest does not bar separate action for failure to transfer within stipulated time. Physical despatch of payments is limited to exceptional circumstances and must be recorded with reasons.

Asset segregation and ring-fencing required to keep each AIF scheme's assets, liabilities and accounts separate.
The amendment mandates that AIFs declare the first close of a scheme in a Board-specified manner and, failing that, must reapply and pay the scheme fee; the Board may prescribe the method for calculating and modifying the tenure of close-ended schemes; notice provisions are expanded to cover Sponsor or Manager changes with possible fees and conditions; and Managers together with trustees or governing persons must segregate and ring-fence each scheme's assets, liabilities, bank accounts and securities accounts.

Orderly winding down frameworks required for clearing corporations to ensure transfer or settlement of positions and collateral.
Every clearing corporation must devise and maintain a framework for orderly winding down of its critical operations and services covering voluntary and involuntary scenarios, providing for timely and orderly settlement, cessation or transfer of positions, transfer of members' collateral, deposits, margins or other assets to another recognized clearing corporation that would take over operations, and other related matters, in accordance with guidelines specified by the Board.

SEZ de-notification reduces IT/ITES zone area following statutory approvals and Rule eight process by the central government.
The Central Government, under the second proviso to sub section (1) of section 4 of the Special Economic Zones Act, 2005 and rule 8 of the Special Economic Zones Rules, 2006, de notifies 0.0655 hectares (Survey No. 130/1, Hinjewadi) from the IT/ITES SEZ in Pune, making the resultant SEZ area 5.0600 hectares, following the developer's proposal, State Government approval, and the Development Commissioner's recommendation, and being satisfied that sub section (8) of section 3 and related requirements are fulfilled.

GSTR-9 filing period extended to include April-October, with the filing cutoff set for the end of November.
Notification under section 164 amends the Meghalaya GST Rules, 2017 by revising FORM GSTR-9 instructions: paragraph 7 and table entries for serial numbers 10-13 replace references to the period ending in September with references to the period ending in October and specify that those returns are to be treated as filed up to the end of November, thereby extending the reporting window and fixing the filing cutoff for those items.

Tariff value fixation set for edible oils, brass, areca nut, gold and silver, altering import valuation under customs rules.
The Central Board amends Notification No. 36/2001-Customs (N.T.) by substituting Tables 1-3 to fix US dollar tariff values for specified imported goods: listed edible oils and brass scrap by value per metric tonne; specified categories of gold and silver by unit values with defined exclusions and explanations; and areca nut. The substituted tables govern import valuation under the Customs Act and the amendment takes effect from 16th November, 2022.