State GST schedule amendment revises feed classifications and adds husk of pulses and concentrates to taxable goods.
Amendment to the Mizoram State Tax (Rate) notification substitutes the Schedule entry to include aquatic feed (shrimp and prawn), poultry and cattle feed, grass, hay and straw, supplements and additives, wheat bran and de oiled cake [other than rice bran], and inserts a new Schedule entry classifying husk of pulses including chilka and concentrates such as chuni or churi and khanda under the relevant tariff headings.

SGST rate amendments revise product entries and carve-outs, altering tax classification and applicability under schedules.
Amendment revises Schedule I to specify ethyl alcohol supplied to Oil Marketing Companies or petroleum refineries for blending with motor spirit, and to redefine bran, sharps and other cereal or legume residues with specified inclusions and exclusions; amends Schedule II to classify fruit pulp or fruit juice based drinks (excluding carbonated fruit beverages) and to classify mathematical, geometry and colour boxes; and amends Schedule III to treat ethyl alcohol and other denatured spirits as taxable under that head except for ethyl alcohol supplied for blending with motor spirit.

Special Additional Excise Duty rate for diesel amended, substituting prior tariff entry and taking effect 17 January 2023.
The notification substitutes the column (4) entry for S. No. 2 in the tariff table to amend the Special Additional Excise Duty applicable to diesel, issued under section 5A of the Central Excise Act read with the Finance Act, and takes effect on 17 January 2023 as a further amendment to Notification No. 04/2022-Central Excise.

Special Additional Excise Duty reduction on petroleum crude and aviation turbine fuel; substituted rates now in force.
Notification amends the Special Additional Excise Duty entries in the principal notification by substituting the column (4) entries to state Rs. 1,900 per tonne for petroleum crude and Rs. 3.50 per litre for aviation turbine fuel, exercising powers under the Central Excise Act and the Finance Act and stating that the substituted rates shall come into force on 17 January 2023.

Rental exemption scope expanded to include proprietors renting residential dwelling in personal capacity; certain entry omitted.
The amendment inserts an explanation to S. No. 12 clarifying that the exemption for renting of residential dwelling covers services where a registered person who is a proprietor rents the dwelling in his personal capacity for use as his own residence and the renting is on his own account and not that of the proprietorship concern; it also omits S. No. 23A and related entries.

Amendment to State Tax Rate: substitution of tariff entries to list specified essential oils and apply to registered and unregistered persons.
The notification substitutes S. No. 3A in Notification No. 04/2017-State Tax (Rate) to list HS headings 3301 24 00 and specified 3301 25 series codes and to identify certain essential oils other than citrus (including peppermint and listed mints); the amendment applies to both registered and unregistered persons and is issued under sub-section (3) of section 9 of the Maharashtra Goods and Services Tax Act, 2017, coming into force on the first day of January, 2023.

GST notification amendment updates feed classifications and adds husk of pulses to the state tax schedule, effective January.
Amendment revises the GST Schedule by substituting the S. No. 102 entry to list aquatic feed (including shrimp and prawn feed), poultry feed, cattle feed and related items such as grass, hay, straw, supplements, additives, wheat bran and de-oiled cake (other than rice bran), and by inserting S. No. 102C to include husk of pulses (including Chilka) and certain concentrates (chuni or churi, Khanda) under headings 2302 and 2309; the amendment takes effect from the first day of January, 2023.

GST rate amendment updates commodity descriptions and reallocates items across state tax schedules effective at year start.
Notification substitutes descriptive entries in the State GST rate schedules: Schedule I (2.5%) amends ethyl alcohol for blending supplied to oil marketing companies or petroleum refineries and specifies bran, sharps and other cereal/legume residues with stated exclusions; Schedule II (6%) clarifies fruit pulp/juice-based drinks excluding carbonated fruit beverages and adds mathematical/geometry/colour boxes; Schedule III (9%) amends denatured ethyl alcohol entries to exclude alcohol supplied for blending with motor spirit. The amendments take effect from the first day of January, 2023.

Tariff value fixation for specified edible oils, metals and areca nut updates customs import valuation from mid-January.
The Central Board of Indirect Taxes & Customs, exercising powers under section 14(2) of the Customs Act, 1962, substitutes TABLE-1, TABLE-2 and TABLE-3 of the principal Customs (N.T.) notification to fix tariff values (US$ per metric tonne or per unit) for specified goods-including various palm and soybean oils, brass scrap, areca nut, and specified forms of gold and silver-and declares the amendment effective from 14 January 2023.

Customs duty exemption for COVID-19 vaccine imports by government enables duty-free importation for public health response.
Notification exempts imports of COVID-19 vaccines from the whole of basic customs duty when imported into India by the Central Government or State Governments, covering goods under Chapter 30 classified as COVID-19 vaccines and justified on public interest grounds; the measure is temporally limited and applies only to imports effected by the specified government entities.

Appointed actuary governance mandates independent actuarial oversight, solvency controls, reserve certification, reporting, and escalation of insurance compliance failures.
Appointed actuary governance requires each International Financial Services Centres Insurance Office to appoint a qualified, independent actuary with relevant insurance experience and no conflicting role. The Appointed Actuary has access to necessary information, advises on pricing, solvency, reserves, investments, reinsurance and risk management, and certifies actuarial valuations and returns. The role includes reporting material legal, regulatory or professional-practice non-compliance to the Board and directly to the Authority. Actuarial reports must address assets, liabilities, capital adequacy, reserve methodology and estimate variability in accordance with applicable professional standards.

Insurance financial reporting requires separate funds, prescribed investment valuation, detailed disclosures, and annual audited reporting for insurance offices.
Registered International Financial Service Centre Insurance Offices must follow prescribed accounting and presentation requirements. Unincorporated offices use the accounting standards and accounting year of their parent entity; incorporated offices use ICAI standards subject to direct-method cash-flow reporting, mandatory segment reporting and non-application of the investment accounting standard. Financial statements require comparative information, disclosure of applicable standards, accounting policies and their changes, and USD reporting unless otherwise specified. Incorporated offices must submit annual reports containing governance, risk, audited financial, external audit and actuarial materials, while all offices must separately account for policyholders' and shareholders' funds.

Insurance premium payment rules permit specified payment methods and conditional risk assumption while requiring contractual terms and credit-risk controls.
IIOs may receive insurance premium through recognised banking and electronic instruments, bank guarantees, cash deposits, or other specified methods. Risk may be assumed, continued or terminated where premium is received, guaranteed, supported by an advance deposit, or governed by contractual or specified terms. Insurance contracts must state premium schedules, grace periods, consequences of non-payment, revival conditions, risk commencement and termination, and any premium payment warranty clause. Premium refunds must be paid directly to insured persons, while IIOs must maintain Board-approved credit-risk mitigation policies.

Insurance recordkeeping requires IIOs and IIIOs to preserve accessible data, support inspections, and meet information-production duties.
IIOs must adopt Board-approved record-maintenance policies covering electronic processing, data privacy and security, cybersecurity, systems security, backups, disaster recovery, business continuity, archival, and Risk Management Committee oversight. They must retain policy, claims and reinsurance records in secure electronically retrievable form at Indian data centres, review the policy annually, and preserve records for at least seven years or longer where applicable. Both IIOs and IIIOs must provide demanded records and information for investigation or inspection.

IFSC insurance investment governance requires asset-liability matching, investment-grade eligibility, concentration controls, risk monitoring, and ongoing reporting.
Every IIO must maintain a Board-approved investment policy, value assets and liabilities, preserve solvency, and hold investment assets at least equal to liabilities while matching their nature, duration, currency and uncertainty. Investment assets must generally satisfy investment-grade asset and sovereign-rating criteria, comply with asset-class and concentration limits, remain free from encumbrances, and be subject to independent due diligence, risk monitoring, internal controls, audits and prescribed reporting. Exceeding exposure limits or a downgrade below investment grade requires additional capital as specified.

Insurance product governance requires board-approved oversight, actuarial pricing, target-market testing, unique identification, and policyholder safeguards.
IIOs must operate a board-approved Product Oversight and Governance Policy for insurance product design, approval, monitoring, review, distribution and corrective action. Products must suit the target market, have actuarially certified rates, terms and conditions, undergo appropriate testing, and be supported by records and conflict-management measures. Direct-insurance policy wording must be submitted before marketing, and products may be suspended, modified or withdrawn if non-compliant or detrimental to prospects or policyholders. Every product requires a Unique Identification Number, while policy servicing must provide cancellation, grievance-management and electronic insurance policy safeguards.

GST rules amendment expands Aadhaar authentication, input tax credit reversal, and outward supply mismatch controls for registration and returns.
Amends the Andhra Pradesh Goods and Services Tax Rules, 2017 to revise registration procedures, Aadhaar authentication, credit reversal, outward supply mismatch intimation, refund documentation, appeal filing and withdrawal, and e-commerce reporting requirements. The changes introduce biometric-based Aadhaar authentication and document verification for specified registration applicants, extend physical verification provisions, and update cancellation forms. They also add mechanisms for reversal and re-availment of input tax credit, recovery of differential tax liabilities, revised invoice particulars for certain taxable services, expanded refund requirements for unregistered persons, and substantial restructuring of FORM GSTR-1 and related forms and tables.

Exemption scope clarified for renting of residential dwelling by proprietors; separate entry removed with retrospective effect.
The amendment inserts an explanation clarifying that the exemption for renting of residential dwelling applies where the registered person is a proprietor who rents the dwelling in his personal capacity for use as his own residence, and where the renting is on his own account and not that of the proprietorship concern. The amendment also omits entry 23A and provides that these changes are deemed to have come into force from the first day of January, 2023.

Amendment to GST notification: reclassification of certain essential oils expands scope to registered and unregistered persons.
Amendment substitutes Table entry 3A to list specified HS tariff codes and to enumerate essential oils other than citrus-peppermint and certain other mints-and stipulates applicability to any unregistered person and any registered person; the notification is deemed effective from January 1, 2023 and is made under the powers of sub section (3) of section 9 of the Haryana GST Act.

GST schedule amendment reclassifies animal and poultry feeds and adds pulse husk entries, altering taxable classification under SGST.
The notification substitutes the Schedule entry at serial number 102 to specify aquatic, poultry and cattle feeds and related items including grass, hay, supplements, wheat bran and de oiled cake (other than rice bran), and inserts a new serial 102C covering husk of pulses including Chilka and concentrates such as chuni/churi and Khanda, thereby amending tariff classifications under the SGST schedule and declaring the amendment operative from the notification's commencement date.