Inclusion of Centre for Processing Accelerated Corporate Exit expands authority under Rule 37 to process striking off of defunct LLPs.
The amendment designates the Centre for Processing Accelerated Corporate Exit as an alternate authority alongside the Registrar under Rule 37 for functions related to striking off names of defunct LLPs, adding the Centre after references to the Registrar in sub rule (1) clause (b) and the first proviso, and inserting similar language in sub rules (3) and (4); it also inserts an Explanation defining the Centre as the office established by the Central Government under section 396 of the Companies Act, 2013.

GST tax collection-at-source rate revised under Uttar Pradesh law by substituting half per cent with 0.25 per cent.
The notification amends the existing Uttar Pradesh GST order under section 52(1) by substituting "half per cent." with "0.25 per cent." in the specified notification. It revises the tax collection-at-source rate under the State GST framework and is deemed to have come into force from 10 July 2024.

Agricultural farm produce packaging exemption clarified for goods above prescribed weight or volume under GST notification amendment.
A further amendment to the Uttar Pradesh Goods and Services Tax exemption notification inserts a proviso stating that, notwithstanding the Legal Metrology Act, 2009 and the rules made thereunder, the supply of agricultural farm produce in packages containing more than 25 kilograms or 25 litres is not to be treated as within the expression pre-packaged and labelled. The amendment is issued under section 11(1) of the Uttar Pradesh Goods and Services Tax Act, 2017 and is stated to take effect from 15 July 2024.

Permission for non residents to buy Sovereign Green Bonds in IFSCs with prescribed payment and repatriation rules.
Non resident persons maintaining securities accounts in an IFSC may purchase and sell Sovereign Green Bonds issued by the Government of India under terms specified by the Reserve Bank. Consideration must be paid by inward remittance through banking channels or from funds in an authorized foreign currency account, and sale or maturity proceeds, net of taxes, may be remitted outside India.

Exemption from annual return filing for eligible small-turnover registrants under the section 44 proviso for the specified financial year.
Exempts registered persons whose aggregate turnover in the specified financial year up to the stated threshold from filing the annual return under the first proviso to section 44, issued on the recommendations of the Council by the State Tax Commissioner as a notification relieving eligible small-turnover registrants from the statutory annual return filing obligation.

Market abuse prevention: AMCs must implement deterrence mechanisms and whistleblower protections, with senior accountability and phased rollout.
AMCs must implement an institutional mechanism to identify and deter market abuse, including front running and fraudulent transactions, with the CEO/MD (or equivalent) and Chief Compliance Officer accountable for implementation; AMCs must also maintain a documented whistle blower policy with confidential reporting channels and protections. A revised definition of market abuse is inserted, staggered commencement timelines apply with an exception permitting non recording of face to face communications.

Annual return filing exemption applies to registered persons with turnover up to the specified threshold for the financial year 2023-24.
Exemption from filing the annual return is granted to registered persons whose aggregate turnover in the financial year 2023-24 is up to two crore rupees under the Andhra Pradesh Goods and Services Tax Act, 2017. The exemption is issued by the Chief Commissioner in exercise of the power under the first proviso to section 44, acting on the recommendations of the Goods and Services Tax Council.

Inclusion of ports for export of essential commodities permits Kandla and Vishakhapatnam for Maldives exports under amended foreign trade policy.
The Central Government amended the prior export notification to add Kandla Sea (INIXY1) and Vishakhapatnam Sea (INVTZ1) to the list of Customs sea ports authorized for export of essential commodities to the Republic of Maldives, permitting these ports to handle consignments that are otherwise in the Prohibited/Restricted category for the specified fiscal year and supplementing the four ports already listed in Notification No. 06/2023.

Goods and Services Tax Appellate Tribunal establishment confirms bench locations and district jurisdictions across states and union territories.
Establishes the Goods and Services Tax Appellate Tribunal with effect from 1 September 2023, constituting a Principal Bench at New Delhi and specified State Benches at named locations, and notifies the districts forming the jurisdiction of each bench and its sitting or circuit arrangements, with circuit locations to be operational as ordered by the President and additional sittings to be staffed by one Judicial Member and one Technical Member.

Fixation of tariff values updates declared customs values for specified edible oils, metals, areca nut and precious metals.
Fixation of tariff values amends the principal customs non-tariff notification by substituting revised tables that prescribe declared values in US dollars for specified edible oils, brass scrap, areca nut, and categories of gold and silver for customs assessment; it references benefit-eligibility entries for certain precious metal imports and takes effect from the stated commencement date.

Conditional basic customs duty on laboratory chemicals for laboratory and R&D use, subject to importer undertaking and duty recovery.
Prescribes a conditional basic customs duty of 10% on laboratory chemicals under HS 9802 00 00 (excluding undenatured ethyl alcohol) for use in laboratories or research and development, and adds a compliance condition requiring importers to submit an undertaking that goods will be used only for those purposes and not sold; non compliance triggers liability to pay duty equal to that which would have been leviable absent the notification. Effective from 1 August 2024.

Special Additional Excise Duty on petroleum crude reduced; amended tariff entry effective from August 2024.
Amendment reduces the Special Additional Excise Duty on production of petroleum crude by substituting the tariff entry in the Table against S. No. 1 with a new specified per tonne rate, enacted under the Central Excise Act read with the Finance Act. The change is notified as a further amendment to Notification No. 18/2022 Central Excise and takes effect from 1 August 2024.

Qualification relaxation for GSTAT technical member extends eligibility to Gazetted Government officers for a limited period.
The Government of Chhattisgarh relaxes the qualification for appointment as a Technical Member (State) in the State Bench of the Goods and Services Tax Appellate Tribunal by replacing the requirement of twenty-five years' service in Group A (or equivalent) with twenty-five years' service in the Government as a Gazetted officer for a limited transitional period; all other eligibility conditions in the governing provision remain applicable.

Shareholding pattern disclosure required quarterly on exchange and clearing corporation websites in listed-company format and manner.
Recognised stock exchanges and recognised clearing corporations must disclose their shareholding pattern on their websites quarterly, in the format and as required for listed companies under the Listing Obligations and Disclosure Requirements. The amendment also omits references to the Core Settlement Guarantee Fund in a committee clause, removes Paragraph 27 of Part III to Form A, revises wording in Schedule II Part G to rely on Board guidelines rather than a specific circular, and omits Paragraph V in Part H.

SEZ Authority membership updated: substitution of designated members in the SEEPZ authority under Special Economic Zones Act.
Amendment under the Special Economic Zones Act, 2005 substitutes entries at serial numbers five and six of the referenced notification to replace two named members and their affiliations with two newly named individuals as members of the SEEPZ SEZ Authority, effecting an administrative change to the Authority's composition.

Exemption to re-import of goods revised to 'Nil' status subject to conditions on drawback and quantity
Corrigendum amends Notification No.39/2024 by replacing wording so that specified provisions now read Nil, subject to condition that no drawback and Nil, subject to following conditions, namely:- (i) The quantity, thereby making the Nil exemption conditional on absence of drawback claims and on specified quantity-related conditions.

Customs tariff amendment under India UAE CEPA revises preferential duty entries for specified goods in notification.
Amends Notification No. 22/2022-Customs to implement the first tranche of the India-UAE CEPA by substituting S. Nos. 59-69 and 72-73 in TABLE II with new entries. The substitutions set out specific HS codes and the two corresponding duty-column entries for each listed good, thereby altering the preferential duty treatment under the notification.

Aadhaar authentication required for GST registration; biometric checks and document verification at facilitation centres complete the application.
Applicants opting for Aadhaar authentication must undergo Aadhaar verification on submission and the submission date is the date of Aadhaar authentication or fifteen days from Part B submission of FORM GST REG 01, whichever is earlier. Applicants identified by portal data analysis and risk parameters must additionally complete biometric Aadhaar authentication, photographic capture of the applicant or specified individuals, and original document verification at a Commissioner notified Facilitation Centre; the application is complete only after these steps.

Export permission for Non-Basmati white rice to Namibia granted through designated cooperative exporter under Foreign Trade Policy.
The Central Government permits export of specified quantity of Non-Basmati White Rice under ITC(HS) code 10063090 to Namibia through National Cooperative Exports Limited (NCEL), authorising shipment of the commodity to the named destination exclusively via NCEL and thereby creating a targeted export concession.

Amendment to Rule 109A clarifies officer rank for reviewing decisions passed by Senior Joint Commissioner.
Substitution of clause (b) in sub rules (1) and (2) of rule 109A prescribes that, where a decision or order is passed by the Senior Joint Commissioner, the empowered officer shall be any officer not below the rank of Additional Commissioner (Appeals).