Agriculture Infrastructure and Development Cess amended to exempt anthracite and coking coal from cess effective late May.
Amendment to Notification No. 11/2021 Customs adds Serial No. 10A under tariff heading 2701 to specify (a) Anthracite/Pulverized Coal Injection (PCI) coal and (b) Coking coal with an effective Agriculture Infrastructure and Development Cess rate of Nil, enacted under section 25 of the Customs Act, 1962 read with section 124 of the Finance Act, 2021, published as Notification No. 27/2022 Customs and coming into effect on the stated commencement date.

Customs duty rates revised: new tariff entries added for coal, coke, naphtha, propylene oxide and ferro nickel, effective shortly.
The Central Government amends Notification No. 50/2017 Customs by inserting new table entries: specified anthracite/PCI coal and coking coal, coke and semi coke, and ferro nickel at nil duty; naphtha at a concessional rate; and methyloxirane (propylene oxide) at a specified duty. It also substitutes the entry for a listed serial number to "All goods." The amendments are made under section 25 of the Customs Act, 1962 and section 3(12) of the Customs Tariff Act, 1975 and take effect from the stated operative date.

Road and infrastructure cess reduction on petrol and diesel; notification amends customs levy and sets new per litre rates.
Amendment reduces the Road and Infrastructure Cess on petrol and diesel by substituting the column (4) entries against Sl. Nos. 1 and 2 in Notification No. 18/2019 Customs; enacted under powers conferred by the Finance Act and the Customs Act and effective 22 May 2022.

Road and Infrastructure Cess reduced on petrol and diesel, imposing new lower per litre rates effective 22 May 2022.
Substitutes the Table entries in Notification No. 04/2019 Central Excise to reduce the Road and Infrastructure Cess on petrol and diesel by replacing the column(4) per litre entries with lower rates, under powers of the Finance Act, 2018 read with the Central Excise Act, 1944; effective 22 May 2022.

Company incorporation declarations updated: subscribers and directors must disclose convictions, FEMA approval status and border-country security clearance.
The amendment substitutes Form INC-9 to require DIN and PAN particulars, DSC authentication, declarations of no convictions or findings of fraud or misfeasance in the preceding five years, confirmation regarding necessity and procurement of Government approval under the Foreign Exchange Management (Non-debt Instruments) Rules, 2019 for share subscription, and truthfulness of Registrar filings; and inserts into Form INC-32 (SPICe+) a disclosure requiring attachment of Ministry of Home Affairs security clearance where the appointee is a national of a country sharing a land border with India.

Determination of origin rules updated to specify 'manufacture in which all materials are wholly obtained' and refine subheading changes.
Substitutes the Annexure 1, Part 2, Section I, Chapter 3 description with discrete entries designating specified tariff subheading ranges as subject to the manufacture in which all the materials used are wholly obtained criterion and registers a separate change to a particular sub heading from any other chapter; the amendment is effected under section 5(1) of the Customs Tariff Act and takes effect on publication in the Official Gazette.

Anti dumping duty on PU leather imports from China imposed to address dumping and protect domestic industry.
Imposes an anti-dumping duty on polyurethane leather imports from or exported via the People's Republic of China, specifying tariff classifications, scope, producer-specific treatment (including a nil duty for a named producer), applicable per metre rates expressed in US dollars, and procedural conversion to Indian currency using government-specified exchange rates; duty effective for five years from notification publication.

GST payment deadline extension under the QRMP scheme for April 2022 tax in FORM GST PMT-06
Extension of the due date for depositing tax in FORM GST PMT-06 for April 2022 under the QRMP scheme until 27 May 2022. The Commissioner, on the Council's recommendations and under the relevant GST Rules, extends the time for payment of tax due under the proviso to section 39(7) of the Uttar Pradesh Goods and Services Tax Act, 2017, with deemed effect from 17 May 2022.

GST return filing deadline extension for FORM GSTR-3B for April 2022, with retrospective effect from 17 May 2022.
Extension of the due date for furnishing the return in FORM GSTR-3B for the month of April 2022 till 24 May 2022 under the Uttar Pradesh Goods and Services Tax framework. The notification is stated to be effective retrospectively from 17 May 2022.

GST payment due date extended for QRMP taxpayers to file FORM GST PMT-06 under Assam GST rule.
The Principal Commissioner of State Tax, Assam, under the proviso to sub-rule (3) of Rule 61 and the proviso to sub-section (7) of Section 39 of the Assam GST Act, has extended the due date for depositing tax in FORM GST PMT-06 for April, 2022; taxpayers under the QRMP scheme may deposit that tax until 27 May 2022, the notification being deemed issued on 17 May 2022.

Extension of return filing deadline for GSTR-3B April-due date extended under statutory provision and council recommendation.
The Principal Commissioner of State Tax, Assam, extended the due date for furnishing Form GSTR-3B for April 2022 until the 24th day of May, 2022, by Notification No. 48/2022-GST, issued under the Assam Goods and Services Tax Act and Rules on the recommendations of the Council; the notification is deemed to have been issued on 17 May 2022.

Exchange rate determination fixes conversion rates for specified foreign currencies for import and export from the notified effective date.
Exercising authority under section 14 of the Customs Act, the Board issues a notification that supersedes a prior notification and fixes, from the stated effective date, rupee conversion rates for each listed foreign currency for import and export valuation. The instrument comprises two schedules: one specifying unit rates for major currencies and another specifying rates per one hundred units for currencies with smaller denominations, with separate entries for imported goods and for export goods.

Export permission for bamboo charcoal now requires a Certificate of Origin proving legal bamboo procurement before shipment.
Export of bamboo charcoal produced from bamboo obtained from legal sources is permitted as Free under the Foreign Trade Policy, subject to presentation of a Certificate of Origin proving legal procurement. The COO must be issued by the concerned Range Forest Officer of the State Forest Department from where the purchaser procured the bamboo, and exports are allowed only when this documentation accompanies the shipment.

Import of fresh ginger: imports wholly produced in Bhutan now free subject to the India Bhutan trade agreement.
The import policy for ITC (HS) 0910 11 10 (fresh ginger) remains Restricted, but imports of ginger wholly produced in Nepal are free under the Indo Nepal Treaty of Trade, and imports of ginger wholly produced in Bhutan are now free subject to Article I of the Agreement on Trade, Commerce and Transit between India and Bhutan.

GST payment deadline extension for QRMP scheme taxpayers permits deposit in FORM GST PMT-06 until the revised date.
The Commissioner, under the first proviso to sub-rule (3) of rule 61 of the West Bengal GST Rules and on Council recommendations, extends the due date for depositing the tax payable under the first proviso to sub-section (7) of section 39 in FORM GST PMT-06 for April 2022 until the 27th day of May, 2022.

Due date extension for GSTR-3B: filing for April deferred to 24 May under GST rule authority.
Extension of the due date for furnishing FORM GSTR-3B for April 2022 to 24 May 2022 is effected by a Commissioner of State Tax notification invoking sub section (6) of section 39 of the West Bengal GST Act read with sub rule (1) of rule 61 of the West Bengal GST Rules, based on the Council's recommendation.

Withdrawal of recognition: deemed recognised stock exchange status terminated under securities law for an erstwhile commodity exchange.
Recognition of the Indian Commodity Exchange Limited as a stock exchange has been withdrawn by invoking the regulator's power under section 5(1) of the Securities Contracts (Regulation) Act, applying the deeming created by the merger that made former Forward Contracts associations into deemed recognised stock exchanges and relying on the ground that withdrawal is in the interest of trade or the public.

Renewal of recognition granted to a clearing corporation under securities regulation for a fixed term, subject to compliance.
Renewal of recognition is granted to Multi Commodity Exchange Clearing Corporation Limited as a recognized clearing corporation for a three-year term commencing on 31st July, 2022 and ending on 30th July, 2025 under Regulation 12, the grant being made in the interest of trade, the securities market and the public interest and expressly subject to conditions specified by the regulator and any further conditions prescribed or imposed subsequently.

Extension of return filing deadline: Form GSTR-3B due date for April moved to a later specified date.
The Commissioner, invoking powers under the Tripura Goods and Services Tax Act and Tripura GST Rules and on the Council's recommendation, extended the due date for furnishing the monthly return in Form GSTR-3B for April 2022 to 24 May 2022 by notification dated 18 May 2022.

Extension of due date for depositing tax in FORM GST PMT-06 granted for April returns under SGST rules.
The Commissioner, acting under the provisional power conferred by the State GST Rules and on the Council's recommendation, has extended the deadline for depositing tax liability required under the proviso to the return-filing obligation via FORM GST PMT-06 for the month of April 2022.