GST threshold reduction: state notification lowers the monetary limit for registration and related obligations, effective October.
Under the authority of sub-rule (4) of rule 48 of the Chhattisgarh GST Rules, 2017, Notification No. 13/2020-State Tax is amended to substitute the words "twenty crore rupees" with "ten crore rupees", effective 1 October 2022, on the recommendations of the Council, as formalised by the State Government's notification dated 22 August 2022.

Special Courts designated for income-tax and black-money prosecutions in Chhattisgarh covering Chief Judicial Magistrate jurisdictions.
The Central Government, in consultation with the Chief Justice of the High Court of Chhattisgarh, designates all Chief Judicial Magistrate Courts in Chhattisgarh as Special Courts to hear matters under the Income-tax Act and the Black Money Act for offences and proceedings arising within the respective territorial jurisdictions of those magistrate courts.

Specified person replaces trust or institution in income-tax rule, aligning definition with section 115TD notification.
Substitutes the phrase "trust or institution" with specified person in rule 17CB of the Income-tax Rules, 1962, and inserts clause (ha) in the Explanation to rule 17CB providing that specified person has the same meaning as assigned in the Explanation to section 115TD, effective from publication in the Official Gazette.

Late fee waiver for composition return filings: waiver granted for the specified May to June filing period with retroactive effect.
The notification inserts a proviso waiving the late fee for delay in furnishing FORM GSTR-4 for Financial Year 2021-22 for the period from 1 May 2022 to 30 June 2022, and declares the amendment to be effective retrospectively from 26 May 2022, following a GST Council recommendation.

Physical verification of registered office permits Registrar to inspect, record evidence and initiate removal proceedings if communications fail.
Rule 25B authorises the Registrar to perform physical verification of a company's registered office based on MCA21 records, including visiting the premises with two independent witnesses, carrying filed documents, authenticating address evidence with the occupant, photographing the premises, and preparing a prescribed report listing company details, visit particulars and attached documents. If the office cannot receive communications, the Registrar shall notify the company and its directors of intent to remove the company from the register and invite representations within thirty days before further action under the Act.

Exchange rate determination for customs establishes new conversion rates for specified foreign currencies affecting import and export valuation.
The Central Board of Indirect Taxes and Customs prescribes conversion rates for listed foreign currencies into Indian rupees for application to imported and exported goods, with separate rates for imports and exports set out in two annexed schedules and an express supersession of the prior notification; the rates are declared effective from the stated date and issued under the Customs Act authority.

GST threshold reduction under rule 48 increases applicability by replacing the higher turnover benchmark with a lower one effective October.
Under the authority of subrule (4) of rule 48 of the Goa Goods and Services Tax Rules, 2017, the Government of Goa substitutes, effective 1 October 2022, the words "twenty crore rupees" with the words "ten crore rupees" in the first paragraph of the notification dated 30 March 2020, thereby changing the specified turnover threshold in that notification.

Provisional anti-dumping duty on Ursodeoxycholic Acid imports from China PR and Korea RP to counter dumped pricing.
Provisional anti-dumping duty imposed on Ursodeoxycholic Acid imports from China PR and Korea RP, calculated as the difference between landed value and specified reference prices per kilogram in USD for listed producers and for other producers, payable in Indian currency when landed value is below the reference price; duty effective for six months and exchange-rate determination governed by Government of India notifications with the bill-of-entry date as the relevant date.

Special Additional Excise Duty altered: production duty reduced while Aviation Turbine Fuel levy increased, changing excise rates.
SAED rates are amended by substituting table entries in Notification No. 18/2022-Central Excise: SAED on production of petroleum crude is fixed at Rs. 13,000 per tonne and the SAED on Aviation Turbine Fuel is fixed at Rs. 2 per litre; the amendments operate as tariff substitutions under the Central Excise notification and take effect on the specified commencement date.

Special Additional Excise Duty increased for diesel exports, altering the tariff table entry and taking immediate effect.
The Ministry of Finance amended the exemption notification for excisable goods by substituting the tariff table entry for diesel in the principal notification, thereby increasing the Special Additional Excise Duty applicable to diesel exports; the change is effected by Notification No. 23/2022 Central Excise and comes into force the day after publication.

Foreign tax credit filing deadlines align with assessment year and updated return submission timing.
The amendment requires that the statement in Form No. 67 and the certificate or statement supporting foreign tax credit claims be furnished on or before the end of the assessment year in which the income was offered to tax or assessed in India, where the return for that assessment year has been furnished within the prescribed time; and where the return has been furnished as an updated return, the statements and certificates relating to income included in the updated return must be furnished on or before the date on which that updated return is furnished.

Non-resident buyer exemption under TDS collection removes obligation where buyer has no permanent establishment in India.
The Central Government notifies that the provisions of sub-section (1G) of section 206C shall not apply to a buyer who is a non-resident under the Act and who does not have a permanent establishment in India, suppressing the earlier notification to that extent, with effect from the date of publication in the Official Gazette.

Refund under section 239A: new rule mandates Form 29D with agreement, documentation, and agent submission for claims.
Rule 40G prescribes that refund claims under section 239A must be made in Form No. 29D, accompanied by a copy of the agreement or other arrangement, and may be presented by the claimant or a duly authorised agent. The amendment excludes section 239A claims from the scope of rule 41's Chapter XIX reference and inserts Form No. 29D into Appendix-II, detailing applicant and deductee particulars, agreement dates and period, transaction and payment particulars, tax and challan details, explanation for non-deduction, prior similar refunds, and a declarant's verification.

Tax exemption for specified pension fund conditioned on compliance, reporting, segmented accounts, and prohibition of borrowing.
CPPIB India Private Holdings Inc. is specified as a specified person for clause (23FE) exemption for eligible investments in India, contingent on conditions including filing returns for relevant years, furnishing the prescribed compliance certificate, quarterly investment intimation, maintaining segmented accounts, remaining regulated under Canadian law, using earnings solely to meet statutory obligations and defined contributions for beneficiaries, prohibiting borrowing for Indian investments, and refraining from day to day participation in investees while retaining monitoring and director appointment rights.

Electronic filing requirement for accumulation and setting apart statements mandates Forms 9A and 10 before return due.
The amendment replaces rule 17 to require that the option to accumulate or set apart income be exercised in Form No. 9A and the corresponding statement furnished in Form No. 10 before the time allowed for filing the return; both must be submitted electronically under digital signature or electronic verification code. The Principal Director General/Director General of Income-tax (Systems) will prescribe filing procedures, data standards and electronic verification code generation and will implement security, archival and retrieval policies. Form No. 10 specifies the particulars and schedules to be provided regarding accumulation, investment, application and court interrupted application.

Export inspection requirement: rice exports to EU and specified European countries now require inspection certificates for compliance.
Exporters of rice (Basmati and Non Basmati) must obtain a Certificate of Inspection from the Export Inspection Council/Export Inspection Agency for shipments to EU Member States and the specified European countries (United Kingdom, Iceland, Liechtenstein, Norway and Switzerland); the certificate requirement for exports to the remaining European countries is made mandatory from the revised implementation date, as an amendment to Schedule 2, Chapter 10 entries at Sl. Nos. 55 and 57 of the ITC (HS) Export Policy.

Designation of Special Courts under PMLA expands Telangana courts' jurisdiction for money laundering trials and substitutes prior notification entries.
The Central Government, under section 43(1) of the Prevention of Money laundering Act, 2002 and after consultation with the Chief Justice of the High Court of Telangana, substitutes the S.No. 25 entry in the principal notification to designate specified metropolitan, special and additional special judge courts at Hyderabad as Special Courts, each vested with jurisdiction over the entire State of Telangana for trial of offences under the Act.

De-notification of SEZ land reallocates parcels for domestic tariff area industrial use under statutory SEZ powers.
The Central Government de-notifies 51.3069 hectares from the sector specific SEZ for Transport Engineering Goods at Gangaikondan, Tirunelveli, after State Government approval and Development Commissioner recommendation; the developer states the de-notified land will be used for industrial purposes and allotted to domestic tariff area units. De-notification is effected under statutory powers in the Special Economic Zones Act and Rules, yielding a revised notified SEZ area of 51.9311 hectares and identifying the de-notified parcels by survey numbers.

E invoicing threshold reduced, expanding mandatory e invoicing applicability to more taxpayers from October 1, 2022.
The notification amends the Andhra Pradesh GST Rules to reduce the turnover benchmark triggering mandatory e invoicing, substituting the earlier higher threshold with a lower one, effective 1 October 2022, thereby increasing the population of registered persons required to issue e invoices.

Specified person status for sovereign wealth fund grants tax exemption under 23FE subject to filing, audit, reporting and ownership conditions.
INQ Holding LLC is specified as the specified person for exemption under clause (23FE) for investments in India during the notified period, conditional on timely filing of returns, statutory audit with prescribed annexed report, quarterly electronic investment statements, maintenance of segmented accounts, continued ownership and control by the Government of Qatar, regulation under Qatari law, prohibition on borrowings for such investments, vesting of assets in the Government on dissolution, and restriction on day to day participation in investees.