Transitional provisions for sea cargo manifest and transhipment compliance were extended until the revised expiry date.
Transitional provisions under the Sea Cargo Manifest and Transhipment Regulations, 2018 were extended through an amendment to regulation 15(2). The expiry date for the applicable transitional period was changed from 30 June 2022 to 31 December 2022. The amendment took effect upon publication in the Official Gazette.

Fixation of tariff value: updated customs tariff values for edible oils, metals, areca nut, gold and silver take effect.
The Central Board of Indirect Taxes and Customs substitutes TABLE-1, TABLE-2 and TABLE-3 in the principal customs valuation notification to fix tariff values for specified imports-setting US dollar rates per metric tonne or per unit for edible oils, brass scrap, areca nut, and specified forms of gold and silver-and provides that the substitution takes effect from 1 July 2022.

Exemption from integrated tax on imports under AA/EPCG/EOU schemes continues with clause removals and conditional wording.
Continues the Exemption from Integrated Tax and Compensation Cess on goods imported under AA, EPCG and EOU schemes by amending specified prior notifications: omitting listed clauses from the opening paragraphs of certain 2015 and 2016 notifications and substituting the proviso wording in the 2003 notification so that the exemption is expressly "subject to the following conditions."

Basic Customs Duty increase on gold imports under India-UAE trade quota raises the applicable tariff rate for those consignments.
The Central Government, invoking section 25(1) of the Customs Act, 1962, by Notification No. 36/2022 Customs dated 30 June 2022, amends Notification No. 22/2022 Customs by substituting the Table III entry for S. No. 12 in Column (5) from "6.6" to "11.5", thereby increasing the Basic Customs Duty rate applicable to specified gold imports under the India-UAE CEPA tariff rate quota.

BCD exemption rate increase for gold imports under the replenishment scheme raises the basic customs duty applicable to such imports.
The notification modifies the tariff entry for gold imported under the replenishment scheme by substituting the previously listed rate with a higher rate in the Table against the relevant serial entry, thereby altering the rate applicable under the BCD exemption for such imports; the amendment is effected under the executive's statutory customs powers and articulated as necessary in the public interest.

Exemption from Social Welfare Surcharge: imports of specified gold tariff heading were exempted, later rescinded.
Exemption from Social Welfare Surcharge was granted for imports of goods classifiable under the gold tariff heading specified in the First Schedule to the Customs Tariff Act, relieving those imports from the surcharge leviable under the Finance Act; that exemption was later rescinded by a subsequent notification.

Customs duty rates on imported gold increased by amendment, substituting higher specified duty entries in tariff notification.
Amendment to Notification No. 50/2017 Customs substitutes higher duty entries in the notification's Table: the entry at S. No. 354 in Column (4) is replaced; both entries at S. No. 356 in Column (4) are replaced; and the entry at S. No. 357A in Column (4) is replaced, thereby revising the customs duty rates for those tariff items.

Customs exemption for petroleum and aviation fuel suspends the additional customs duty equivalent to special excise duty on importation.
Exempts imports of crude petroleum and aviation turbine fuel from the entirety of the additional duty of Customs under subsection (1) of section 3 of the Customs Tariff Act, to the extent equivalent to the Special Additional Excise Duty under section 147 of the Finance Act, 2002, when falling within the specified tariff headings in the First Schedule and imported into India.

Export supply obligations require domestic-market supply commitments for gasoline and gas oil plus quarterly reporting to authorities.
Exports of specified motor gasoline and gas oil HS codes are permitted subject to a self-declaration at export that a specified portion of the shipped quantity will be supplied in the domestic market during the current financial year; exports to Bhutan and Nepal and shipments by 100% EoUs and SEZ units are exempt. Covered exporters must file quarterly returns with the Ministry of Petroleum and Natural Gas. The notification incorporates these policy conditions into the ITC (HS) Export Policy under the legal powers cited.

Export exemption clarified: central excise notification excludes goods cleared for export, narrowing the exemption scope.
The amendment adds a provision that nothing contained in this notification shall apply to the goods cleared for export, thereby excluding export consignments from the notification's benefit and narrowing the scope of miscellaneous exemptions under the principal central excise notification. The change is effected under statutory powers conferred by the Finance Act and the Central Excise Act and is given a stated commencement date.

Road and Infrastructure Cess exemption for exported petrol and diesel limits additional excise to specified nil rate.
Limits the Road and Infrastructure Cess on exported motor spirit (petrol) and high speed diesel oil by exempting them from any additional duty of excise in excess of the prescribed nil rate, with the exemption taking effect from the stated commencement date and subject to subsequent substitutions and amendments recorded in the notification notes.

Exemption of Aviation Turbine Fuel from Special Additional Excise Duty; exports excluded; effective from notified date.
Exempts Aviation Turbine Fuel under Heading 2710 from the whole of the Special Additional Excise Duty leviable under section 147 of the Finance Act, 2002 by exercising powers under section 5A of the Central Excise Act, 1944; does not apply to goods cleared for export; notification commenced from its notified date and is noted as later rescinded in the document.

Excise duty exemption for exported fuel removes basic excise and cess on petrol, diesel and ATF for exports.
Exempts Basic Excise Duty and Agricultural Infrastructure Development Cess on motor spirit (petrol), high speed diesel and aviation turbine fuel where such goods are cleared for export or supplied as fuel to foreign going aircraft; defines the cited duties and "export" by reference to the Central Excise Act and Finance Acts, and makes the exemption effective from 1 July 2022.

Special Additional Excise Duty exemption for incremental crude production permits duty-free output exceeding prior year production.
Exempts Special Additional Excise Duty on crude petroleum (heading 2709) produced by a person in excess of that person's production in the preceding Financial Year; for 2022-23 the duty does not apply to the quantity produced immediately after exceeding prior-year production. The exemption came into force on the first day of July and was subsequently rescinded by a later notification.

Special Additional Excise Duty exemption for crude petroleum where production is below a specified annual threshold, with commencement noted.
Exempts crude petroleum under heading 2709 from the whole of the Special Additional Excise Duty leviable under the Finance Act when produced by a person whose annual production in the preceding financial year was below the notified production threshold; specifies statutory bases, commencement date, and later rescission by a subsequent notification.

Special Additional Excise Duty imposed on crude oil and aviation turbine fuel, amending the Eighth Schedule effective early July.
The Central Government amended the Eighth Schedule to the Finance Act to prescribe a Special Additional Excise Duty on Petroleum crude and Aviation Turbine Fuel by inserting new Schedule entries that set specified rates for each product; the amendment was made effective from 1 July 2022 and the notification was subsequently rescinded by a later central excise notification.

Exemption on Special Additional Excise Duty: petrol and diesel cleared for export exempted beyond prescribed rates.
The notification, issued under section 5A of the Central Excise Act read with section 147 of the Finance Act, exempts specified excisable goods in Chapter 2710-motor spirit (petrol) and high speed diesel oil-when cleared for export, by remitting that part of the Special Additional Excise Duty which is in excess of the rate specified in the Table. It distinguishes exports to Bhutan from exports to other countries, prescribes the effective rate for the exemption, and states commencement from 1 July 2022, with subsequent substitutionary notes and later rescission recorded.

Exemption for exports: amendment excludes goods cleared for export from the notification, narrowing its application.
Inserts a provision excluding exported goods from the operation of the principal central excise notification by providing that nothing in the notification shall apply to goods cleared for export, and includes a commencement provision specifying when the amendment takes effect.

Exclusion of fuels: petrol, diesel and aviation turbine fuel no longer covered by Rules eighteen and nineteen.
Amendment inserts provisos into specified Central Excise rules providing that nothing in those rules shall apply to motor spirit (petrol), high speed diesel oil and aviation turbine fuel, thereby excluding these fuels from the application of the listed rule provisions; the amendment is effected by a notification under statutory authority with an accompanying commencement provision.

IFSC banking offices gain defined roles for administrative support, product marketing, data collection and outreach under specified conditions.
The amendments redefine a Banking Unit as a licensed financial institution undertaking permissible activities and introduce Global Administrative Offices and Representative Offices in IFSCs. A Global Administrative Office may coordinate operations or provide support services to a Parent Bank and its Group entities, subject to relevant foreign regulatory directions for activities outside the IFSC. A Representative Office may market financial products, collect data and conduct outreach operations. Parent Banks may establish these offices through a suitable mechanism subject to specified conditions.