Refund of Input Tax Credit: eligible for imitation zari thread or yarn made from metallised polyester or plastic film.
The notification inserts entry 6AA recognizing imitation zari thread or yarn made out of metallised polyester film/plastic film and confines the benefit to refund of input tax credit exclusively on the polyester film or plastic film input; the amendment is applied retrospectively from the twentieth day of October, two thousand twenty-three.

Tax rate amendment narrows exempted government entities to Central Government excluding Indian Railways, State and local authorities.
The notification substitutes the Table entry at S. No. 6, column 4 to specify recipients as Central Government [excluding Ministry of Railways (Indian Railways)], State Government, Union territory or a local authority, thereby clarifying that the Ministry of Railways is excluded; the amendment is made under the state GST Act and is given retrospective effect from a specified earlier date as an amendment to the principal State Tax (Rate) notification.

GST schedule amendment adds millet flour powder classification, changing state tax treatment for specified millets-containing food.
The notification amends the State Tax (Rate) Schedule by inserting entry 94A classifying "Food preparation of millet flour, in powder form, containing at least 70% millets by weight, other than pre-packaged and labelled," thereby changing the tax classification for that product; the amendment is issued under statutory authority on Council recommendation and is made effective from a stated prior date.

GST rate amendment adds molasses and millet flour preparations to specified slabs and removes a high rate entry.
The amendment inserts molasses (HS 1703) and a pre packaged labelled millet flour preparation (HS 1901) into Schedule I (2.5%), expands the Schedule III (9%) description to include the millet flour preparation and adds an entry for spirits for industrial use (2207 10 12), and omits S. No. 1 from Schedule IV (14%). The changes are effected under the Jharkhand GST Act provisions and applied as set out in the notification.

Passenger transportation by omnibus now treated separately; exemption does not apply when supplied via e commerce operator that is a company.
Notification amends the State GST rate schedule by excluding omnibus from the general motor vehicle clause, inserting a separate provision that treats passenger transportation by omnibus differently except when supplied through an electronic commerce operator by a company, and by adding a definition of "Company" drawn from the Companies Act, 2013; the amendment is effective from the earlier specified date in the notification.

Tax treatment of sale of under-construction properties revised, excluding projects after completion certificate from specified GST provision.
Amendment revises the tax treatment of construction of a complex, building or part thereof intended for sale where the amount charged includes the value of land or undivided share of land, except where the entire consideration has been received after issuance of completion certificate or after first occupation, whichever is earlier. The substitution modifies the opening paragraph of Notification No. 15/2017 State Tax (Rate) and is effective from 20th October, 2023.

Inclusion of Ministry of Railways alters classification of Central Government services for state GST applicability effective retrospectively.
The notification amends the State Tax (Rate) table to (i) insert "and the Ministry of Railways (Indian Railways)" after "Department of Posts" in serial 5, item (2)(i), explicitly including the Ministry of Railways in that entry, and (ii) insert "[excluding the Ministry of Railways (Indian Railways)]" after "Services supplied by the Central Government" in serial 5A, thereby carving the Ministry of Railways out of that exclusion. The amendment is effected under authority of the Jharkhand GST law and is effective from 20 October 2023.

Services to governmental authority: specified public services to government receive nil state tax rate and railway inclusion.
The notification adds a Chapter 99 entry making services to a Governmental Authority-water supply, public health, sanitation conservancy, solid waste management, and slum improvement and upgradation-subject to a nil state tax rate, and inserts the Ministry of Railways (Indian Railways) alongside the Department of Posts in multiple table entries and provisos; the amendment is effective from 20th October, 2023.

Input tax credit restriction: credit limited to lower notified state tax rate when same-line supplier charges higher rate.
The notification inserts a proviso limiting input tax credit for input services in the same line of business to the tax amount corresponding to the lower notified state rate where an upstream supplier charges a higher rate, illustrated by a motor cab transport example; it also amends wording and omits certain classification entries in the rate schedule and Annexure, effective from 20 October 2023.

Specified actionable claim added to state GST rate schedule, covering betting, casinos, gambling, lottery and online money gaming.
Amendment inserts entry 227A in Schedule IV to add specified actionable claim under Any Chapter, defining it as actionable claims arising by way of betting, casinos, gambling, horse racing, lottery, or online money gaming; omits S. Nos. 228 and 229; and adds an Explanation that undefined terms take meanings from the Jharkhand, Integrated, and Union Territory GST Acts. Effective from 1st October, 2023.

Packing machine registration and monthly production reporting required for manufacturers of specified pan masala and tobacco products.
Requires electronic furnishing of packing/filling machine details by manufacturers of listed pan masala and tobacco goods in FORM GST SRM-I with autogenerated machine registration numbers, monthly production and input statements in FORM GST SRM-II by the tenth of the succeeding month, and a Chartered Engineer certificate in FORM GST SRM-III to verify machine particulars initially and upon amendment; specifies schedules of goods, time-bound updates for installations, disposals and capacity changes, and documentary upload requirements on the common portal.

Rescission of GST notification withdraws earlier state tax notification, effective from start of year, subject to saved actions.
Rescission of Notification No. 30/2023-State Tax is effected under section 148 of the Gujarat Goods and Services Tax Act, 2017 on the recommendation of the GST Council, withdrawing the Finance Department notification dated 14th September, 2023, while saving actions or omissions taken before the rescission; the rescission is effective from 1st January, 2024.

Derivative designation: contracts granting rights to buy or sell future goods now treated as derivatives under securities law.
The notification declares that contracts granting a right to buy or sell, or a right to both buy and sell in the future in respect of notified underlying goods, are to be treated as derivatives under the Securities Contracts (Regulation) Act, 1956, invoking the Act's definition-making power and bringing such contracts within the regulatory framework applicable to derivative instruments.

Goods notified under securities contracts regulation: specified commodity categories listed for recognition under SCRA, superseding prior notification.
The Central Government, exercising powers under the Securities Contracts (Regulation) Act and in consultation with the market regulator, notifies a Schedule of specified goods to be treated for the purposes of the Act, and supersedes the earlier 2016 notification except as to prior actions; the Schedule lists categories including agricultural commodities, oilseeds and oils, spices, metals and precious metals, energy products, forestry and fibre products, chemicals, construction materials, plantation crops, dairy and poultry products, dry fruits, services and other goods.

Export permission for onions to UAE granted via cooperative exporter under Foreign Trade rules, subject to quarterly ceiling.
The central government authorises export of onions under HS code 0703 10 19 to the UAE through National Cooperative Exports Limited (NCEL), permitting a total shipment of 14,400 metric tonnes under powers of the Foreign Trade (Development & Regulation) Act, 1992 and the Foreign Trade Policy, 2023, with a quarterly quantity ceiling of 3,600 metric tonnes.

Export permission for specified food commodities through National Cooperative Exports Limited under foreign trade law, naming destinations.
Grant of export permission for specified rice commodities through National Cooperative Exports Limited under the Foreign Trade (Development & Regulation) Act, 1992 and the Foreign Trade Policy, permitting exports of listed commodities identified by HS codes to specified destination countries in accordance with cited prior notifications.

Export permission for onions to Bangladesh through NCEL granted, subject to prescribed modalities with Department of Consumer Affairs.
Permission is granted under the Foreign Trade (Development & Regulation) Act for the export of 50,000 MT of onions (HS code 0703 10 19) to Bangladesh through National Cooperative Exports Limited (NCEL). Modalities for implementing the authorized export are to be worked out by NCEL in consultation with the Department of Consumer Affairs, combining a quantified export authorization with a delegated implementation mechanism.

Exemption from specified income granted to Karnataka Urban Water Supply and Drainage Board, subject to non-commerciality and filing conditions.
Notification under clause (46) of section 10 grants exemption to Karnataka Urban Water Supply and Drainage Board for specified income comprising establishment, administrative, supervision, water charges and rent; forfeiture of earnest money deposit; penalty, sale of scrap, storage and survey charges; and interest on bank deposits, subject to conditions that the Board shall not engage in commercial activity, activities and specified income remain unchanged across financial years, and the Board files its return of income as required.

Tax exemption for regulatory authority: specified grants, fees, RTI charges and deposit interest exempt subject to non commercial and filing conditions.
Notification under clause (46) of section 10 exempts specified incomes of the Uttar Pradesh Real Estate Regulatory Authority: government grants or loans/advances; fees and penalties under the Real Estate (Regulation and Development) Act; RTI fees; and interest on bank deposits. The exemption is conditional on the Authority not undertaking commercial activity, maintaining unchanged activities and income nature across financial years, and filing returns under clause (g) of sub-section (4C) of section 139 of the Income-tax Act.

New ITR-7 form replaces prior format for exempt entities, effective April 1, 2024, standardising detailed disclosures.
Notification No. 24/2024 substitutes a new Form ITR-7 in Appendix-II of the Income-tax Rules, 1962, effective 1 April 2024, under powers of section 139 read with section 295. The revised ITR-7 is the mandated return format for persons required to file under sections 139(4A), 139(4B), 139(4C) or 139(4D) and contains detailed Parts and Schedules for registration, corpus and investment reporting, application of funds, disclosures on governance and beneficial owners, specialized schedules for political parties, electoral trusts, voluntary contributions and foreign assets, and computation modules for exempt and taxable incomes.