Harmonized Master List updated: Data Centres and Energy Storage Systems added as infrastructure sub-sectors with qualifying definitions.
The notification updates the Harmonized Master List of Infrastructure sub-sectors by inserting Data Centres under Communication and Energy Storage Systems (ESS) under Energy, each accompanied by footnote definitions and qualifying criteria; the Annexure consolidates the master list across major infrastructure categories and preserves specific descriptive and eligibility specifications for multiple listed sub-sectors.

Tariff value fixation updated for specified edible oils, metals and areca nut; substituted tariff tables now govern import valuation.
The Central Board of Indirect Taxes & Customs, exercising section 14(2) powers under the Customs Act, substitutes TABLE 1, TABLE 2 and TABLE 3 of Notification No. 36/2001 Customs (N.T.), specifying tariff values for listed goods (edible oils, brass scrap, areca nut, gold and silver) with stated US$ per unit/tonne figures; the amendment takes effect from 11th October, 2022.

Special courts designation for PMLA section four offences clarifies territorial trial jurisdictions across multiple districts.
Central Government, under the Prevention of Money laundering Act and in consultation with the High Court, substitutes the prior Table with a new Table designating specific Sessions Courts as Special Courts and assigning the territorial districts in which each court is competent to try offences punishable under section 4 of the Act.

Input tax credit rules revised: delayed payment triggers reversal with interest and re availment upon supplier payment.
Registered persons who fail to furnish monthly returns for six continuous months or quarterly returns for two tax periods are specified; reliance on FORM GSTR 2 is removed and reporting, reversal and balance adjustments are redirected to FORM GSTR 3B. A recipient who availed input tax credit but fails to pay the supplier within the prescribed period must reverse the credit and pay interest in FORM GSTR 3B, with re availment permitted upon subsequent payment to the supplier. Several rules and forms are omitted and refund and electronic ledger references are adjusted.

Interest on delayed tax payments calculated on cash ledger debits or unpaid tax, and on wrongly availed input tax credit.
Rule 88B prescribes calculation of interest on delayed tax payment: interest on tax paid by debiting the electronic cash ledger for returns filed late is computed for the delay period beyond the due date; otherwise interest is computed on unpaid tax from its due date until payment; and interest on wrongly availed and utilised input tax credit is computed from the date of utilisation until reversal or payment. The rule defines when wrongly availed input tax credit is considered utilised and how to determine the date of utilisation.

U.S. reportable account classification updated to specify local financial institution categories and modify explanatory reference.
The notification amends rule 114F(5) to substitute three clauses classifying as relevant for any U.S. reportable account: a financial institution with a local client base; a local bank; and a financial institution with only low value accounts. It also revises the Explanation in clause (D) to replace a generic reference to a foreign government with an explicit reference to the United States of America regarding benefits on income from sources within that jurisdiction.

Exchange Rate Determination: statutory customs conversion rates set for specified foreign currencies for import and export purposes, superseding prior notice.
Determination under the Customs Act authority prescribes distinct statutory rates of exchange for specified foreign currencies into Indian rupees for import and export goods, set out in Schedule I (per unit) and Schedule II (per 100 units). The notification supersedes the prior notification while preserving prior actions and fixes the conversion figures to be used for customs valuation and related purposes from the stated effective date.

Aadhaar authentication authorised for listed reporting entities to enable identity verification under PMLA compliance.
Permits specified reporting entities to use Aadhaar authentication for the purposes of section 11A of the Prevention of Money laundering Act, 2002, on the Central Government being satisfied that those entities comply with privacy and security standards under the Aadhaar Act, following consultation with the Unique Identification Authority of India and the appropriate regulator.

E-invoicing threshold reduced, expanding mandatory compliance for more taxpayers under state rules effective October implementation.
Revises the e-invoicing applicability by substituting the prior aggregate turnover threshold with a lower threshold under sub rule (4) of rule 48, Rajasthan Goods and Services Rules, 2017, effective 1 October 2022, thereby increasing the class of registered persons required to comply with mandatory e-invoicing for outward supplies.

Furnishing of GST CMP-08 statement required for the June quarter, with a one-time filing deadline in July.
A proviso requires persons covered by the principal notification to furnish a statement of payment of self-assessed tax in FORM GST CMP-08 for the quarter ending 30th June, 2022 by 31st July, 2022, thereby adding a time-bound compliance obligation into the notification's provisos under the State GST framework.

Proviso substitution in GST notification redefines reference to section 22 eligibility, altering applicability under Delhi SGST.
Amendment substitutes in the proviso to Notification No. 65/2017 State Tax the words referring to sub clause (g) of clause (4) of article 279A of the Constitution with the words referring to the first proviso to sub section (1) of section 22 of the Delhi Goods and Services Tax Act, read with clause (iii) of the Explanation to that section, and declares the substitution effective from 1 February 2019.

Option to pay tax on goods transport agency services requires supplier registration and invoice declaration, enabling forward-charge taxation.
The notification amends the tax-rate table so that the relevant entry will not apply where the supplier is registered under the DGST Act, 2017, has exercised the option to pay tax on services of GTA under forward charge, and has issued a tax invoice charging State Tax with the prescribed declaration in Annexure III; it also inserts a new entry charging renting of residential dwelling to a registered person and adds Annexure III containing the required invoice declaration.

GST exemption revisions: changes to exempted services, new postal and tour-operator exemptions, and altered service exclusions.
Amendment to the State GST (Rate) notification revises exempt and nil-rated services by omitting, substituting and inserting multiple table entries: removing a limiting phrase for listed serials; inserting a nil rate for certain Department of Posts items (post card, inland letter, book post, ordinary post under 10 grams); listing storage and warehousing of cereals, pulses, fruits and vegetables as exempt; and introducing a partial exemption for tour operator services to foreign tourists for the value of services performed outside India, computed pro rata by days or capped at fifty percent.

Eligibility for enrollment: recognised insolvency professional entities may join as members only if eligible for registration as insolvency professionals.
Regulatory amendments permit recognised insolvency professional entities to be enrolled as professional members only if they are eligible for registration as an insolvency professional, expand eligibility language to include such entities, require disclosure of partners or directors for entity members, exempt certain informational items for entities registered as insolvency professionals, and replace gendered pronouns with neutral, entity appropriate pronouns across the bye laws.

IFSC aircraft import and export procedures set detailed customs filing, inspection, transfer and out charge processes for units.
The amendment establishes procedural rules for IFSC Units importing, procuring, supplying or exporting aircraft via SEZs: filing Bills of Entry or Shipping Bills with IFSC/SEZ endorsements through authorised channels, assessment by the SEZ Authorised Officer on transaction value, designation of the customs airport/port/landing station as place of first receipt, electronic transmission of assessed entries and inspection reports between customs officers and the Authorised Officer, and deemed completion of customs out charge or export upon verification of inspection reports; custody must be maintained by a person approved under section 45 of the Customs Act.

Agriculture infrastructure and development cess applies on listed precious metal imports excluding specified platinum uses and rhodium.
The notification inserts Serial No. 15A in Notification No. 11/2021 Customs to levy an Agriculture Infrastructure and Development Cess of 1.5% on goods under heading 7110, subject to specified exclusions: platinum and palladium when imported for manufacture of goods under heading 2843, sub heading 3815 12, or catalytic converters under tariff item 8421 32 00 (conditional on compliance with the Customs concessional import rules, 2022), and rhodium.

Customs Tariff amendment removes a specific tariff heading, altering which subheadings fall under the listed entry.
The Central Government, exercising powers under the Customs Act and the Customs Tariff Act, amends Notification No. 50/2017-Customs by substituting the Table entry against S. No. 364B in column (2), replacing the prior list of tariff headings with a revised list that omits one previously listed heading, thereby changing the specific tariff subheadings subject to that Table entry.

Special Additional Excise Duty rate change for diesel exports alters notified export duty rate, effective shortly under statutory powers.
Amends the principal excise notification to substitute the entry in column (4) against the specified serial number in the Table, thereby revising the Special Additional Excise Duty rate for High Speed Diesel for exports. The amendment is issued under the relevant statutory taxation powers, references the principal Notification No. 04/2022-Central Excise and prior amendments, and states the date on which the substitution comes into force.

Special Additional Excise Duty rates amended for petroleum crude production and export of aviation turbine fuel, altering levy entries.
Amendment substitutes the table entries in Notification No. 18/2022-Central Excise: for S. No. 1, column (4) is replaced with "Rs. 8,000 per tonne"; for S. No. 2, column (4) is replaced with "Nil". The change is made under section 5A of the Central Excise Act, 1944 read with section 147 of the Finance Act, 2002 on public interest grounds and comes into force on 2 October 2022.

Input tax credit reversal deadline: amendment mandates reversal if supplier not paid within statutory period, with re claim on payment.
Amendments consolidate reporting into FORM GSTR-3B by removing references to FORM GSTR-2 and certain forms, introduce deactivation for registrants failing to file returns for prescribed continuous periods, and require reversal in FORM GSTR-3B of input tax credit availed on inward supplies (excluding reverse-charge supplies) where the recipient does not pay the supplier within the statutory period; such reversed credit with interest may be re availed upon subsequent payment to the supplier.