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Notifications
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Covid 19 - Salary, perquisite and profits in lieu of salary defined U/s 17(2) - Employee shall submit COVID-19 positive report of the employee or family member,all necessary documents of medical diagnosis or treatment and expenditure incurred on the treatment of COVID-19 or illness related to COVID-19 of the employee or of any member of his family.
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Submission of COVID 19 medical evidence required for employer reimbursement under salary provisions, with retrospective applicability to assessment years.
The notification requires employees to submit (i) a COVID 19 positive report or treating physician/hospital medical report, (ii) documents of medical diagnosis or treatment for COVID 19 or related illness incurred within six months of being determined COVID 19 positive, and (iii) a certification of all expenditure incurred for treatment of the employee or any family member; the notification is effective from April first, 2020 and applies to the 2020-21 assessment year and subsequent years.
Seeks to bring in force provisions of section 7 No.J.21011/7/2022-TAX
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Commencement of section seven appointed operative on a specified date under subsection two of section one.
The Governor, exercising powers under sub section (2) of section 1 of the Mizoram Goods and Services Tax (Third Amendment) Act, 2020, appoints the tenth day of November, 2020 as the date on which section 7 of the Amendment Act shall come into force by notification of the Taxation Department.
Seeks to amend Notification No. 5327-FIN-CT1-TAX-0001-2022, dated the 7th March, 2022
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Reduced turnover threshold under Odisha GST notification changes eligibility and compliance for affected taxpayers from the stated implementation date.
Amends an earlier Odisha GST notification by substituting a lower monetary expression for the prior turnover threshold in the first paragraph of that notification, effected on the stated implementation date, pursuant to the Odisha Goods and Services Tax Rules and on the recommendation of the Goods and Services Tax Council.
Seeks to implement e-invoicing for the taxpayers having aggregate turnover exceeding Rs. 10 Cr from 01st October, 2022
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E-invoicing threshold lowered, expanding mandatory e-invoice coverage from October 2022 under GST rule amendment.
With effect from 1 October 2022, the notification substitutes the turnover threshold in the earlier notification so that the e-invoicing requirement applies where aggregate turnover exceeds ten crore rupees, lowering the prior threshold and expanding the class of taxpayers subject to mandatory e-invoicing under sub-rule (4) of rule 48 of the Mizoram Goods and Services Tax Rules, 2017.
Waiver of interest for some specified Electronic Commerce Operators
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Nil interest for e-commerce operators unable to file GSTR-8 due to portal glitch when tax was deposited.
Notification sets interest rate at Nil for specified electronic commerce operators who, due to a portal technical glitch, failed to file FORM GSTR-8 under sub-section (4) of section 52 by the due date but had deposited tax collected under sub-section (1) of section 52 in the electronic cash ledger; Nil interest applies from the date of deposit until the date of filing of the statement for the GSTINs and months listed in the notification's Table.
Rate of exchange of one unit of foreign currency equivalent to Indian rupees - Supersession Notification No. 64/2022-Customs(N.T.), dated 21st July, 2022
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Exchange rate determination: Customs-prescribed conversion rates set for specified foreign currencies for import and export valuation purposes.
The Central Board of Indirect Taxes and Customs, under the Customs Act authority, prescribes distinct exchange rates for specified foreign currencies for import and export valuation, effective from the operative date, as set out in Schedule I (per unit) and Schedule II (per 100 units); the notification supersedes the prior notification except as to prior actions and is itself noted as superseded by a subsequent administrative notification.
Amendment in Import Policy Condition of HS code 29021100 under Chapter 29 of ITC (HS) 2022, Schedule - I (Import Policy)
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BIS certification requirement removed for Hexane food grade imports, eliminating mandatory IS 3470 conformity and related certification obligation.
The requirement that imports of Hexane, Food Grade must conform to IS 3470 is deleted from the HS 29021100 entry in Schedule I (Import Policy) of the ITC(HS) 2022, and Hexane, Food Grade is removed from Appendix III's list of items under mandatory BIS certification, with immediate effect under authorities cited in the Foreign Trade Policy.
Securities and Exchange Board of India (Mutual Funds) (Second Amendment) Regulations, 2022
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Associate definition revised to exclude certain sponsors investing for insurance beneficiaries; corresponding schedule provisions amended.
The amendment revises the definition of associate by adding a proviso excluding sponsors that invest in companies on behalf of insurance policy beneficiaries or other specified schemes, and updates Part B of the Fifth Schedule to substitute the sub clause identifying associates for Asset Management Companies and sponsors while omitting a related sub clause to align with the revised associate definition.
Capital Gain - Transactions not regarded as transfer - Bullion Depository Receipt - Scope of list of securities expanded - Seeks to amend Notification No. 16/2020, dated the 5th March, 2020
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Transactions not regarded as transfer now include Bullion Depository Receipts with underlying bullion, excluding them from transfer.
The notification amends the earlier instrument to include Bullion Depository Receipt with underlying bullion within the list of transactions not regarded as transfer for capital gains, and adds an Explanation adopting the definition of that term from the Department of Economic Affairs' notification; it is effective from publication in the Official Gazette.
Seeks to provide waiver of interest for specified electronic commerce operators for specified tax periods
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Nil interest waiver for specified e commerce operators for delayed GSTR 8 filings due to portal technical glitch.
Rate of interest is notified as Nil for specified electronic commerce operators who could not file FORM GSTR-8 by the due date due to a technical portal glitch, provided they had deposited the tax collected in the electronic cash ledger; the nil interest applies from the date of deposit of the collected tax until the date of filing the statement, and is limited to the GSTINs and months listed in the notification.
Seeks to impose anti-dumping duty on Opal Glassware from UAE & China PR for a period of 5 years.
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Anti-dumping duty on opal glassware imports continued after review due to ongoing dumping and risk of injury to domestic industry.
The Central Government has continued imposition of anti-dumping duty on opal glassware following the designated authority's review which found continued dumping and vulnerability of the domestic industry; duties are prescribed by tariff heading, country of origin and export and are to be worked out as a percentage of the CIF value, payable in Indian currency, with computation guided by existing Customs Act exchange-rate and assessable-value rules, and are effective for a fixed statutory term unless earlier revoked, suspended or amended.
Waiver of interest for some specified Electronic Commerce Operators
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Waiver of interest for certain e-commerce operators for delayed GSTR-8 filings due to portal glitch, interest set to nil until filing.
Interest is waived (rate set to Nil) for specified electronic commerce operators who, due to a technical portal glitch, could not file FORM GSTR-8 by the due date but had deposited the tax collected in the electronic cash ledger; the waiver covers the period from the date of deposit in the electronic cash ledger until the date of filing the required statement under sub-section (4) of section 52.
Amendment in Notification No. II(2)/CTR/232(h-5/2020, dated 13th April, 2020
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Turnover threshold reduction for GST registration lowers the taxable turnover limit, altering eligibility for registration and compliance.
The Governor, exercising sub-rule (4) of rule 48 of the Tamil Nadu Goods and Services Tax Rules, amends Notification No. II(2)/CTR/232(h-5/2020) by substituting the words denoting the prior turnover amount in the first paragraph with a lower turnover wording; this substitution takes effect from the 1st day of October, 2022 and alters the numerical threshold that governs registration and compliance under the cited notification.
Specified income arising to Board u/s 10(46) of IT Act 1961 - Telangana State Pollution Control Board, a Board constituted by the State Government of Telangana under the Water (Prevention and Control of Pollution) Act, 1974 (6 of 1974) notified.
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Tax exemption under section 10(46) for Telangana Pollution Control Board: specified non-commercial receipts notified subject to conditions.
Notification under clause (46) of section 10 notifies the Telangana State Pollution Control Board in respect of specified income categories including consent fees, analysis and survey fees, reimbursements for monitoring programmes, authorisation and cess fees, government grants, RTI fees, interest on staff loans, miscellaneous fees, penalties and interest on these receipts. The notification is subject to conditions: no commercial activity, unchanged activities and income nature, and filing returns as mandated, and is made retrospective for certain prior financial years pending the outcome of a Special Leave Petition.
SAED on production of Petroleum Crude and export of Aviation Turbine Fuel -increase duty on production of Petroleum Crude and exempt export of Aviation Turbine Fuel - Seeks to amend No. 18/2022-Central Excise, dated the 19th July, 2022.
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Excise duty on petroleum crude increased and export of aviation turbine fuel exempted under amended central excise notification.
The Government, under section 5A of the Central Excise Act, 1944 read with section 147 of the Finance Act, 2002, amends Notification No. 18/2022 Central Excise by substituting the Table entries: replacing the column (4) entry for petroleum crude at S. No. 1 and substituting "Nil" for the column (4) entry for aviation turbine fuel at S. No. 2. The amendment is notified as No. 22/2022 Central Excise and comes into force on 3 August 2022.
Special Additional Excise Duty for exports of petrol and diesel - reduce the Duty on Diesel - Seeks to further amend No. 04/2022-Central Excise, dated the 30th June, 2022.
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Special Additional Excise Duty reduction on diesel exports implemented by amendment to the Central Excise notification, effective immediately.
Amendment revises the Special Additional Excise Duty entry for diesel exports by substituting the tariff table entry against serial number 2, column (4) in Notification No. 04/2022 Central Excise, pursuant to the Central Government's powers under section 5A of the Central Excise Act read with section 147 of the Finance Act, with the revised per litre duty specification effective from the stated commencement date.
Seeks to provide waiver of interest for specified electronic commerce operators for specified tax periods
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Interest waiver for e-commerce operators where GSTR-8 filing failed due to portal glitch, subject to tax deposit compliance.
Notification prescribes a Nil interest rate for specified electronic commerce operators who failed to furnish the GSTR-8 statement by the due date due to a technical portal glitch, on the condition that they had deposited the tax collected in the electronic cash ledger. The waiver covers identified GSTINs for December 2020 and for September 2020-January 2021. The interest is waived from the date of deposit of the tax collected in the electronic cash ledger until the date of filing the GSTR-8 statement.
Securities and Exchange Board of India (Intermediaries) (Amendment) Regulations, 2022
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Competent authority designation allows the Board to approve initiation of proceedings against registered intermediaries for specified defaults.
Amendment replaces "designated member" with competent authority, defined as a Whole Time Member or a Board officer not below Chief General Manager, and provides that the Board may approve initiation of proceedings for defaults specified in regulation 23 against persons granted a certificate of registration under the Act and regulations.
Amendment in Notification No. FIN/REV-3/GST/1/08(Pt-1)(Vol.I)/65 dated the 21st March 2020
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GST threshold reduction announced, lowering the operative monetary limit in a state notification effective from October.
Amendment under sub rule (4) of rule 48 of the Nagaland Goods and Services Tax Rules, 2017 substitutes the previously specified higher monetary threshold with a lower monetary threshold in the first paragraph of the Finance Department notification dated 21 March 2020, effective from 1 October 2022, pursuant to the Council's recommendation, without altering other provisions of that notification.
Delhi VAT - List of Goods Taxed at 20% - Seek to rescind the Notification No. F.3(107)/Fin.(Exp.-I)/2021-22/DS-I/295 dated the 10th November, 2021.
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Rescission of VAT notification withdraws prior Schedule IV amendment, removing the specified tax-rate goods list and restoring previous regime.
Rescission of a prior notification withdraws amendments to Schedule IV of the Delhi Value Added Tax Act, 2004 altering the list of goods subject to a specified VAT rate; the rescission is effected under the Act's empowering provision and operates from the stated commencement date, thereby nullifying the earlier Gazette notification.

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Seeks to amend Notification No. 1/2017-State Tax (Rate), dated the 7th July, 2017 - 6/2022-State Tax (Rate) - Mizoram SGST

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GST rate amendment introduces a new nominal slab and revises schedules to focus on 'pre-packaged and labelled' goods.
The notification amends the Mizoram SGST rate schedule by adding an additional nominal rate category, inserting Schedule VII, and revising multiple tariff ... Summary

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Acts Income Tax