Ethanol blended petrol duty exemption expanded to specified blends; high speed diesel with biodiesel blends included under exemption.
The notification inserts two nil duty entries for ethanol blended petrol blends that require specified volume composition of motor spirit and ethanol and conformity with BIS IS 17586, replaces the diesel blending entry with a formulation based description covering high speed diesel blended with bio diesel up to a defined proportion by volume requiring excise duties on diesel and applicable central/state/union territory/integrated tax on bio diesel, and updates the explanatory cross reference to include the new entries.

GST rate notification amendment revises schedules for building materials, including fly ash bricks, and applies from 1 April 2022.
Amends the Assam GST rate notification under section 9(1) of the Assam Goods and Services Tax Act, 2017 by omitting specified entries from Schedule I-2.5% and inserting new entries in Schedule II-6% for fly ash bricks or fly ash aggregate with 90 per cent or more fly ash content, fly ash blocks, bricks of fossil meals or similar siliceous earths, building bricks, and earthen or roofing tiles. The amendment is deemed to have come into force on 1 April 2022.

Interest waiver for electronic commerce operators: nil interest where GSTR statements were delayed due to portal technical glitch.
Notification designates interest as Nil for specified electronic commerce operators who, due to a portal technical glitch, failed to file FORM GSTR-8 by the due date but had deposited the tax collected in the electronic cash ledger; relief applies from the date of deposit until the date of filing the statement.

Foreign contribution compounding framework specifies competent officers, offence-wise penalties, and filing of applications for compounding.
Specifies the officers competent to compound offences under the Foreign Contribution (Regulation) Act before institution of prosecution, in supersession of the earlier compounding notification, while preserving actions already done or omitted under the superseded instrument. The Director or Deputy Secretary in charge of administration is designated as the compounding authority for the offences listed in the table. The notification prescribes compounding amounts for a range of contraventions involving acceptance, transfer, utilisation, accounting, intimation, and disclosure of foreign contribution.

Finance company registration aligns licensing, capital, permitted activities, and compliance requirements across core and non-core financial services.
Registration is required where an entity intends to undertake permissible activities not covered by its existing registration or authorisation, while fresh registration is not required for the same already authorised permissible activity. Finance Companies and Finance Units must satisfy applicable establishment, home-regulator, and minimum owned-fund conditions. Core activities include lending, investment, derivatives, factoring, financial leasing, and treasury activities; non-core activities include merchant banking, advisory, portfolio management, operating leases, product distribution, and specified support services. Non-core-only entities may make liquidity and balance-sheet management investments without those investments becoming core activities.

Foreign contribution regulation amendments expand thresholds, extend compliance timelines and permit electronic submissions.
The amendment raises the monetary threshold for a specified regulatory trigger, extends multiple statutory time periods for responses and notices, omits one clause of Rule 13, and replaces the "on a plain paper" submission requirement with an enabling provision permitting submissions in forms and manners, including electronic form, as specified by the Central Government.

Appointment of Appellate Authorities under AP GST Act: two Additional Commissioners designated with specific jurisdictions and headquarters.
Two Additional Commissioners of State Tax are appointed as first Appellate Authorities under section 3 read with clause (8) of section 2 of the Andhra Pradesh GST Act, 2017, with headquarters at Tirupathi and Vijayawada and specified Commercial Taxes Division jurisdictions; Vijayawada Authority shall maintain a Camp Office at Visakhapatnam until a separate Authority is established. They shall also continue to act as Appellate Deputy Commissioners under the Andhra Pradesh VAT Act. Registered persons must file appeals before their jurisdictional Appellate Authority; unregistered persons before the Authority with jurisdiction over the assessing authority. The notification is effective from 1st July, 2022.

Andhra Pradesh Commercial Taxes reorganized territorial jurisdictions: 109 circles, 16 divisions, 6 nodal divisions effective July 1.
The Government, approving the Chief Commissioner of State Tax's proposals, notifies the territorial jurisdictions of 109 reorganized Circles, 16 reorganized Divisions and 6 Nodal Divisions of the Commercial Taxes Department as set out in the annexures; the Chief Commissioner may issue necessary orders for transitional matters until the reorganized offices become functional, and the notification takes effect from 1st July, 2022.

Exchange reporting obligation: exchanges must disclose amounts paid or credited where tax was not deducted in quarterly statements.
The corrigendum corrects typographical errors and clarifies that the Exchange must, when preparing the quarterly statement in Form No. 26QF, furnish particulars of amounts paid or credited on which tax was not deducted in accordance with the rules, thereby imposing a reporting duty on exchanges for instances where tax deduction at source was not effected.

Integrated Tax and Compensation Cess exemption extends to Advance Authorisation, EPCG and EOU schemes under Foreign Trade Policy.
Integrated Tax and Compensation Cess is exempted for Advance Authorisation, EPCG and EOU schemes by amendment to the specified paragraphs of the Foreign Trade Policy, in accordance with the Department of Revenue's customs notification referenced in the instrument and under the Government's amendment authority.

Extension of MEIS application deadline allows extra time for specified 2020 export claims; no submissions accepted after final cut off.
Amendment to para 3.13A of the Foreign Trade Policy extends the last date for online submission of MEIS applications for exports made in the period September 2020-December 2020, provides that such claims filed by the extended last date will not attract any late cut, and states that any applications filed after the prescribed final date will be time barred and ineligible for late cut relief.

Extension of Tax Payment Deadline for GST PMT-06 filings; due date moved to allow delayed deposit.
The State government extends the due date for deposit of tax using FORM GST PMT-06 for April 2022 to the 27th day of May, 2022, pursuant to powers conferred by the proviso to the GST rules, and declares the extension effective from the 17th day of May, 2022.

Extension of return filing deadline for GSTR-3B, moving due date and easing compliance obligations for taxpayers.
The State Government, exercising its statutory power under the Chhattisgarh GST framework and on council recommendation, extends the due date for furnishing FORM GSTR-3B for the relevant month to a later date specified in the notification, with the extension operating from the notification's stated commencement date and thereby altering the compliance timetable for affected taxpayers.

Late fee waiver for delayed GSTR-4 filing under section 47 allowed for a specified filing period.
An amendment inserts a proviso waiving the late fee payable for delay in furnishing FORM GSTR-4 for the financial year under section 47, specifying that the late fee for delay in submission of FORM GSTR-4 for that financial year shall be waived for the stated waiver period.

Late fee waiver for delayed GSTR-4 filing under Section 47 permits waiver for the May-June filing period.
A proviso is inserted into Notification No. SRO-15 (11 Jan 2018) waiving the late fee payable under Section 47 for delay in furnishing FORM GSTR-4 for Financial Year 2021-22 for the period 1 May 2022 to 30 June 2022; the notification is deemed effective from 26 May 2022, issued under powers conferred by section 128 of the Jammu and Kashmir GST Act, 2017.

Special Economic Zone notification designates land for a multi sector SEZ, establishes an Approval Committee and ICD status.
Central Government notifies 67.7499 hectares at Pelakuppam Village as a Multi Sector Special Economic Zone approved under the SEZ Act, 2005; specifies the constituent land parcels; constitutes an Approval Committee with specified ex officio and nominated members to exercise functions under the Act; and designates the notified SEZ as an Inland Container Depot for Customs Act purposes.

Corrigendum to income tax notification swaps Mumbai office designations in Schedule II, correcting entries for specified items.
Corrigendum corrects typographical entries in Schedule-II of the Income Tax notification by directing that in column 4 item (v) the designation be read as "Mumbai - 4" and in column 4 item (vii) the designation be read as "Mumbai - 2", as a clerical amendment to the earlier notification published in the Gazette.

Non-fungible token designation clarifies which tokens qualify as virtual digital assets, excluding transfers that convey enforceable tangible ownership.
Specification designates tokens as non-fungible token virtual digital assets for income-tax classification but excludes tokens whose transfer effects a legally enforceable transfer of ownership in an underlying tangible asset; the notification takes effect upon publication in the Official Gazette.

Virtual digital asset exclusions narrow VDA definition to gift vouchers, loyalty points and subscriptions, altering taxable scope.
Central Government excludes from the virtual digital asset definition: gift cards or vouchers redeemable for goods, services or discounts; mileage, reward or loyalty points given without direct monetary consideration and redeemable only for goods, services or discounts; and subscriptions to websites, platforms or applications. The notification is effective from the date of publication in the Official Gazette.

Quarterly TDS reporting for virtual digital assets requires Exchanges to file Form 26QF detailing tax paid and nondeducted transactions.
Where an Exchange has agreed to pay tax as an alternative to buyer deduction under section 194S, it must, from 1 July 2022, furnish a quarterly statement in Form No. 26QF to the Principal Director General of Income tax (Systems) containing transaction level details of tax paid (with challan particulars) and particulars of amounts paid or credited on which tax was not deducted in accordance with guidelines under sub section (6) of section 194S, together with a verification by an authorised official.