Safe harbour for diamond mining income: eligible raw-diamond sales accepted at a prescribed margin, streamlining tax treatment and compliance.
The rules create a safe harbour for foreign companies engaged in diamond mining selling raw diamonds in notified special zones: an eligible assessee opting in must declare income meeting a prescribed profit margin relative to gross receipts. If the option is valid, deductions under routine business expense and depreciation provisions are treated as given, written down value is adjusted accordingly, and set off of unabsorbed depreciation and carried forward losses or losses from other businesses is disallowed. Form No. 3CEFC must be filed to opt in; the assessing officer may invalidate the option for incorrect or concealed facts, and mutual agreement procedure is barred for the eligible business.

Nomination rights require participants to offer vesting and incapacitation nomination options, with participant immunity.
Regulation 60A requires participants to provide beneficial owners the option to nominate a person to receive securities on the owner's death and to nominate a person authorized to transact on the owner's behalf if incapacitated; joint holders may jointly nominate a recipient, and depositories and participants are not liable for actions taken on the basis of a nomination.

Self-attestation replaces notarisation across SEBI regulations, removing sworn affidavit requirements and simplifying attestation processes for regulated entities.
Replaces notarisation and sworn affidavit requirements with self-attestation across multiple SEBI regulations by substituting phrases in specified forms and provisions, deleting references to duly sworn affidavits and notarisation, and inserting "self-attested" in application and stamp duty contexts to standardise and simplify document attestation mechanics.

Renting of immovable property other than residential dwelling added under MP GST notification, applicable to registered and unregistered persons.
The notification amends Notification No. F A-3-47/2017/1/V(59) by inserting serial 5AB for Service by way of renting of any immovable property other than residential dwelling, specifying in the Table that the entry applies to "Any unregistered person" and "Any registered person." The amendment is made under section 9(3) of the Madhya Pradesh GST Act and is deemed effective from 10 October 2024.

TDS exemption: Foreign diplomatic and international representations excluded from section 194N obligations by government notification.
Section 194N is specified to not apply to Foreign Representations approved by the Ministry of External Affairs - including Diplomatic Missions, United Nations agencies, International Organisations, Consulates and Offices of Honorary Consuls - which are exempt from paying taxes in India under the Diplomatic Relations (Vienna Convention) Act, 1972 and the United Nations (Privileges and Immunities) Act, 1947; the specification is made under the fifth proviso after consultation with the Reserve Bank of India and takes effect from 1 December 2024.

Extension of GSTR-3B due date: October filing now permitted until end of November for Manipur registrants.
The Commissioner, on the Council's recommendation, extends the due date for furnishing returns in Form GSTR-3B for the month of October, 2024 until the thirtieth day of November, 2024 for registered persons whose principal place of business is in the State of Manipur and who are subject to the statutory return-filing obligation; the notification is deemed effective from the twentieth day of November, 2024.

Appointment of Adjudicating Authorities under CGST/IGST: officers designated to decide DGGI-issued tax notices and related adjudication matters.
Appointment of officers to adjudicate DGGI-issued show-cause notices under the Central Goods and Services Tax Act and the Integrated Goods and Services Tax Act; the Board designates specified Central GST adjudication officers to pass orders or decisions on the listed notices concerning assessment, determination, penalty and recovery, with the Table identifying noticees, originating DGGI notices and the adjudicating office charged with deciding those matters.

Transfer not regarded as transfer: capital asset moved between public sector companies under government approved reorganisation, exempting it from transfer charge.
Notification declares that the capital asset transfer from NLC India Limited to NLC India Renewables Ltd is not to be treated as a transfer for income-tax purposes under the statutory clause permitting exclusion for government approved intra public sector reorganisations, and that the notification takes effect from its publication in the Official Gazette.

Bench Jurisdiction: State Benches of GSTAT reallocated districts and substituted bench locations affecting appellate jurisdictions.
The notification substitutes specified bench-location names in the existing GSTAT schedule-exchanging Varanasi with Prayagraj and Jalandhar with Chandigarh-and inserts a new clause that notifies, for each State Bench, the districts comprising its appellate jurisdiction and any sitting or circuit arrangements. The inserted table lists bench locations, the districts within each bench's jurisdiction, and sitting/circuit designations, thereby clarifying district-level jurisdictional boundaries for State Benches of the Goods and Services Tax Appellate Tribunal effective from publication.

Reverse charge on commercial property rentals shifts GST liability from unregistered suppliers to registered recipients, excluding residential dwellings.
Reverse charge liability is extended to renting of immovable property other than a residential dwelling when an unregistered person supplies the service to a registered person. The registered recipient is liable for tax under the applicable reverse charge mechanism. The new table entry is deemed effective from 10 October 2024.

GST service exemptions extend to ancillary electricity, grant-funded research, public-school affiliation and recognised vocational training services.
Tamil Nadu SGST exemption schedule grants nil-rate treatment to ancillary electricity transmission and distribution services, affiliation services supplied to government-controlled schools, and qualifying grant-funded research and development services. Research exemptions require the relevant research institution to hold the prescribed income-tax notification at the time of supply. Skill-development exemptions are recast for specified national programmes, recognised awarding and assessment bodies, accredited training bodies, and approved qualification-package-aligned skills. The changes are deemed effective from 10 October 2024.

Helicopter seat-share passenger transport receives concessional GST treatment, conditional on non-availment of input tax credit.
Transportation of passengers, with or without accompanied baggage, by air in a helicopter on a seat-share basis is inserted as a separate service entry subject to a 2.5 rate. The rate applies only where credit of input tax charged on goods used to supply the service has not been taken. The related passenger-transport entry in the rate table is correspondingly updated, and the amendment is deemed effective from 10 October 2024.

Reverse charge on metal scrap supplies shifts GST payment liability from unregistered suppliers to registered recipients.
Reverse-charge liability is extended to supplies of metal scrap classified under Chapters 72 to 81, where an unregistered person supplies to a registered person. The registered recipient is liable to pay tax under the reverse-charge mechanism. The reverse-charge schedule is expanded through a separate entry for these metal scrap supplies, with deemed effect from 10 October 2024.

GST rate classification for medicines, savoury extruded products and seats is revised across specified tax schedules.
Tamil Nadu GST rate schedules are amended to include specified medicines at 2.5% and extruded or expanded savoury or salted products at 6%, subject to the stated exclusion for un-fried or un-cooked snack pellets. The 9% schedule revises product descriptions and covers specified seats other than aircraft and motor-vehicle seats, while motor-vehicle seats are separately included in the 14% schedule. The changes are deemed effective from 10 October 2024.

Import policy amendment aligning ITC harmonised system with finance act updates, altering tariff codes and notes with immediate effect.
Amendment of ITC (HS) 2022 Schedule I aligns import policy entries with the Finance Act 2024 by inserting, deleting, splitting, merging and reclassifying specific tariff codes, prescribing item level import policy status and policy conditions; Annexure I enumerates code changes and policy conditions, Annexure II amends item descriptions and Section, Chapter and Supplementary Notes (including definitions for blended aviation turbine fuel, natural menthol, special finishes and e bicycle specifications), and the updated Schedule is made available online with immediate effect.

Jurisdiction of Central Tax Officers expanded to authorise specified Commissioners to decide DGGSTI notices under GST enforcement provisions.
The amendment substitutes Table V of Notification No. 02/2017-Central Tax to designate specific Principal Commissioners and Commissioners of Central Tax, exercisable throughout India, to exercise the powers of an Additional Commissioner or Joint Commissioner for passing orders or decisions in respect of notices issued by officers of the Directorate General of Goods and Services Tax Intelligence under the enforcement provisions of the Central Goods and Services Tax Act, 2017, with effect from the first day of December, 2024.

Research Association approval under section 35 enables SKAN Research Trust to qualify for scientific research tax benefits.
Central Government approves SKAN Research Trust, Bengaluru, as a Research Association for Scientific Research under the Income-tax framework and rules, identifying the trust by PAN and confirming its categorisation for research-related tax treatment. The notification takes effect from the date of publication and is applied retrospectively to the previous year with specified applicability across ensuing assessment years; the Explanatory Memorandum states no person is adversely affected by the retrospective effect.

Metal scrap reverse charge amendment expands exclusion coverage for registered recipients under the Andhra Pradesh GST notification.
The amendment inserts a new category covering any registered person receiving supplies of metal scrap under Chapters 72 to 81 of the Customs Tariff Act, 1975, from another registered person. It also substitutes the proviso so that the notification does not apply to supplies between persons specified under section 51(1), except the person covered by the new metal scrap category. The amendment takes effect from 10 October 2024.

GST exemption notification amended to exclude metal scrap suppliers from its scope, effective 10 October 2024.
Amendment under Section 23(2) of the Andhra Pradesh Goods and Services Tax Act, 2017 inserts a proviso into the existing notification dated 22 June 2017. The notification is made inapplicable to any person engaged in the supply of metal scrap falling under Chapters 72 to 81 of the First Schedule to the Customs Tariff Act, 1975. The amendment takes effect from 10 October 2024.

Late fee waiver for delayed GSTR-7 filing extends to nil tax deduction cases and capped defaults.
Late fee payable for failure to furnish FORM GSTR-7 by the due date is waived for registered persons required to deduct tax at source under Section 51, for the period from June 2021 onwards. The waiver covers the amount in excess of twenty-five rupees for every day of default and, in the specified cases, the total late fee above one thousand rupees. Where the state tax deducted at source for the month is nil, the entire late fee is waived. The notification supersedes the earlier notification and takes effect on 1 November 2024.