Exclusion from Rule 114BB: central and state governments and consular offices exempted from specified reporting, retrospective effect.
Proviso added to rule 114BB of the Income-tax Rules, 1962 excluding deposits, withdrawals and opening of current or cash credit accounts from the sub-rule when the transacting person is the Central Government, the State Government or a Consular Office; the Income-tax (29th Amendment) Rules, 2022 are given retrospective effect from 9 July 2022 and accompanied by an explanatory memorandum stating no person will be adversely affected.

Extension of GST notification deadline: phased compliance dates substituted to effect an immediate deadline extension.
The State Government, under sub section (2A) of section 174 of the Rajasthan GST Act, amends its earlier notification to substitute the previously specified deadline in sub clause (2) of clause 1 with a later deadline and to substitute the previously specified date against Phase III in the Table under definition (n) of clause 3 with the same later date, extending the operative timelines with immediate effect.

Tariff value fixation updates: revised import valuation set for edible oils, metals and areca nut, affecting customs assessment.
The Central Board substitutes new Tables in the principal customs notification fixing tariff values in foreign currency for specified edible oils, brass scrap, areca nut, and specified forms of gold and silver, including explanatory scope notes; the amendment takes effect from the stated commencement date and updates the tariff valuation schedule used for customs assessment.

Concessional import duties extended for specified edible oils, amending notifications to continue reduced duty treatment.
Amends prior customs exemption notifications to extend concessional import duty coverage for specified edible oils by substituting a later expiry date in paragraph 2 of Notification No. 48/2021 and by omitting the proviso in paragraph 2 of Notification No. 49/2021 that would have excluded three specified items after the earlier cutoff, thereby maintaining reduced duty treatment for those goods under the amended notifications.

Exemption amendment narrows designated airlines list and alters scheduled entries affecting customs duty exemptions.
Amendment revises the principal customs exemption schedule by omitting specified items and serial entries and by substituting the Column (3) entries for one serial with two named carriers, thereby changing the list of designated airlines and the scope of exemptions for specified imported goods while leaving the rest of the principal notification intact.

Road and Infrastructure Cess increased on diesel exports, amending the prior notification and taking effect in September.
Increase in the Road and Infrastructure Cess on diesel exports by substituting the Table entry in Notification No. 10/2022 Central Excise with a revised cess per litre; the amendment takes effect from the first day of September, 2022.

Additional excise duty on diesel exports increased under section 5A, amendment effective from 1 September.
Central Government amends Notification No. 04/2022-Central Excise by substituting the entry in column (4) against S. No. 2 of the Table to revise the Special Additional Excise Duty on diesel exports. The amendment is issued under section 5A of the Central Excise Act, 1944 read with section 147 of the Finance Act, 2002, by Notification No. 27/2022-Central Excise and comes into force on 1st September 2022.

Anti-dumping duty extension on jute imports preserved, maintaining customs protection against dumped jute products from specified origins.
The Central Government amended the principal notification to substitute paragraph 3, thereby continuing the anti-dumping duty on specified jute products originating in or exported from Bangladesh and Nepal for a further prescribed period unless earlier revoked, superseded, or amended, following a review initiated by the designated authority under the Customs Tariff Act and the anti-dumping rules.

Special Additional Excise Duty increase on petroleum crude and ATF exports takes effect, amending the prior excise notification.
The Central Government amends Notification No. 18/2022 Central Excise by substituting higher duty entries in the notification Table: the first tariff item's column (4) entry is replaced with a higher per tonne duty and the second tariff item's column (4) entry is replaced with a higher per litre duty; the amendment takes effect on 1 September 2022.

Special Additional Excise Duty on aviation turbine fuel amended in the Eighth Schedule, revising the statutory levy and coming into force soon.
The Central Government amended the Eighth Schedule to the Finance Act, 2002 to revise the Special Additional Excise Duty entry for Aviation Turbine Fuel, substituting the existing entry with a new levy for fuel falling under the prescribed tariff heading, and made the amendment effective from the notified commencement date.

Fast Track Corporate Insolvency Resolution: startups (excluding partnership firms) now eligible under amended notification under Insolvency and Bankruptcy Code.
Amendment substitutes clause (b) of the principal Fast Track notification to provide that a Startup, other than a partnership firm, as defined in the Government of India notification of 19th February, 2019 (and as amended), is eligible for the Fast Track Corporate Insolvency Resolution process under the Insolvency and Bankruptcy Code.

SEZ de-notification reduces zone area after approval; statutory exercise under Special Economic Zones Act as per listed parcels.
Central Government de-notifies 2.7081 hectares from the IT/ITES SEZ at Ghansoli, Navi Mumbai, following State Government approval and the Development Commissioner's recommendation, finding statutory requirements under the Special Economic Zones Act and Rules satisfied; ten listed survey parcels totaling 2.7081 hectares are removed, leaving a resultant SEZ area of 3.1438 hectares.

De-notification of Special Economic Zone rescinds SEZ status, restoring land for company project use under SEZ rules.
The Central Government rescinds the prior notification establishing the sector-specific Special Economic Zone for aluminum at Lapanga, Odisha, at the developer's proposal and with the State's No Objection Certificate and Development Commissioner recommendation; the rescission is made under the proviso to the applicable SEZ rule and preserves actions already done or omitted before rescission.

Input tax credit communication: new ordinance restricts credit availment tied to supplier payment and prior filing compliance.
The Ordinance mandates an auto-generated electronic statement of inward supplies and input tax credit to recipients, prescribes conditions and restrictions under which such reported supplies may prevent availment of credit, and links availment to supplier payment and timely filing of outward-supply details. It bars furnishing current-period outward-supply details or returns where prior-period outward-supply details remain unfurnished (subject to notified exceptions), requires reversal of credit where supplier tax is unpaid with re availment upon payment, and empowers the Government to limit credit discharge from the electronic credit ledger and to amend related notifications retrospectively.

Electronic evidence examination: designated cyber forensics laboratory may examine computer media and mobile devices within specified scope.
The Cyber Forensics Laboratory of Navy Cyber Group, Talkatora Annex, New Delhi, is designated as an Examiner of Electronic Evidence within India under section 79A of the Information Technology Act, 2000. Its authorised scope is limited to computer media forensics, excluding floppy disk drives, and mobile device forensics.

Protected systems designation safeguards critical business and document digitisation infrastructure through written, role-based access authorisation.
Computer resources supporting the Life Insurance Corporation of India's business application and document digitisation systems, along with associated dependencies, are designated as protected systems and treated as Critical Information Infrastructure. Access requires written authorisation from the Life Insurance Corporation of India and may be granted to designated employees, need-based contractual service-provider personnel and third-party vendors, or consultants, regulators, Government officials, auditors and stakeholders on a case-to-case basis.

Electronic evidence examiner designation confines forensic functions to computer-media and mobile-device forensics, excluding floppy disk drives.
Central Government designation under section 79A of the Information Technology Act, 2000 recognises the Forensic Wing Lab, Defence Cyber Agency, as an Examiner of Electronic Evidence within India. Its recognised functions are confined to computer-media forensics, excluding floppy disk drives, and mobile-device forensics. The examiner status does not extend to unspecified electronic-evidence categories.

Registration suspension revocation upon filing pending returns; mechanisms added for erroneous refund re credit and UPI/IMPS payments.
Suspension of GST registration for contraventions of section 29(2)(b)/(c) is deemed revoked upon furnishing all pending returns unless already cancelled; Duty Credit Scrips are included in value for supply; taxpayers exceeding turnover notification but not required to issue invoices under rule 48(4) must declare that position when issuing invoices otherwise; erroneous refunds deposited by taxpayers shall be re credited to the electronic credit ledger by the proper officer via FORM GST PMT-03A when deposited through FORM GST DRC-03; UPI and IMPS added as payment modes; rule 88B prescribes interest calculation on delayed tax and wrongly availed ITC; refund procedures and multiple GST forms are amended to implement these changes and to add export of electricity specific documentation.

Extension of limitation periods for GST assessment and refund claims, suspending pandemic period for limitation computations.
The notification uses powers under section 168A to extend the time limit under sub section (10) of section 73 for issuance of orders under sub section (9) of section 73 for recovery of unpaid or short paid tax or wrongly availed input tax credit for the 2017-18 tax period up to 30th September, 2023, and excludes the period from 1 March 2020 to 28 February 2022 from computation of limitation for issuance of orders relating to erroneous refunds and for filing refund applications under section 54 or section 55.

Notification amendment revises the proviso deadline by substituting the earlier date with a later July date for compliance.
Amendment substitutes, in the sixth proviso of Commercial Taxes Department notification No. S.O. 4 dated 2 January 2018, the earlier specified date with a later date to alter the applicable deadline, effected by a gubernatorial notification issued on the recommendations of the Council and recorded as S.O. 173 dated 29th August 2022.