GSTR-1 filing deadline extended: monthly filers must submit December returns by mid-January and quarterly filers soon after.
The Commissioner of State Tax, West Bengal, by amendment, extends the time limit for furnishing details of outward supplies in FORM GSTR-1: for registered persons required to file under the primary return provision for December 2024 until 13 January 2025, and for persons required to file under the proviso for October-December 2024 until 15 January 2025, with the amendment effective from 10 January 2025.

Tax Classification: Fortified Rice Kernel added to state GST rate schedules and 'pre packaged and labelled' definition aligned with Legal Metrology.
The notification adds Fortified Rice Kernel (FRK) to Gujarat State GST rate schedules-appearing in the lower-rated Schedule I and as an explicit entry alongside items in Schedule III-and substitutes the Explanation to define pre-packaged and labelled consistent with the Legal Metrology Act, 2009, covering retail-packaged commodities not exceeding 25 kg or 25 litres where the package or label must bear required Legal Metrology declarations; the amendment takes immediate effect.

Tax treatment of Fortified Rice Kernel (FRK) updated to add FRK to state GST schedules and clarify labelling rules.
Fortified Rice Kernel (FRK) is inserted into Schedule I and added to the description in Schedule III of the Meghalaya SGST notification, and clause (ii) of the Explanation after Schedule VII is substituted to define 'pre-packaged and labelled' as commodities intended for retail sale containing not more than 25 kg or 25 litre that are 'pre-packed' under the Legal Metrology Act, 2009, with the package or label required to bear the declarations mandated by that Act and its rules; the amendment takes effect immediately.

GST rate schedule amendment adds Fortified Rice Kernel and revises the definition of pre-packaged and labelled commodities.
Arunachal Pradesh State Tax (Rate) notification amends the GST rate schedule to insert Fortified Rice Kernel (FRK) in Schedule I at 2.5% under HSN 1904 and in Schedule III at 9% against the entry relating to items commonly known as Murki. It also substitutes the explanation of pre-packaged and labelled commodities to cover retail-sale commodities not exceeding 25 kg or 25 litre that are pre-packed under the Legal Metrology Act, 2009 and bear the required declarations.

Import exemption for IAEA inspection equipment and consumables permitted subject to Department of Atomic Energy certification and export undertaking.
Equipment and consumable samples imported by the IAEA inspection team are exempt from customs duty and integrated tax, provided the importer produces a certificate and certified list from the Joint Secretary or Deputy Secretary of the Department of Atomic Energy and that the Department furnishes an undertaking that equipment will be exported within six months or such extended period as may be allowed by the Commissioner of Customs and that consumables are required and will be accounted for.

Compensation cess cap on exported taxable goods set at concessional rate subject to export, documentation, and movement conditions.
Grants a concessional compensation cess treatment on taxable goods supplied by a registered supplier to a registered recipient for export, exempting the portion of cess above a minimal rate subject to conditions: issuance of tax invoice, recipient's export within the specified period, inclusion of supplier GSTIN and invoice number in shipping documentation, recipient's registration with a recognised export body, provision of order to the supplier and tax officer, prescribed movement of goods (direct to export points or registered warehouses), requirements for aggregation and warehouse acknowledgements, and submission of shipping bill and export proof to supplier and jurisdictional tax officer.

Definition of pre-packaged and labelled revised; retail commodities must meet Legal Metrology pre packing and labelling requirements immediately.
The notification inserts Fortified Rice Kernel (FRK) into specified GST rate schedules and substitutes the Explanation to define "pre-packaged and labelled" as commodities intended for retail sale that are pre-packed under the Legal Metrology Act, 2009 and whose package or securely affixed label must bear the declarations required by that Act and its rules; the amendment is effective immediately.

Pre-packaged and labelled definition tightened to retail-package limit, requiring Legal Metrology declarations and affecting UTGST schedule entries.
The notification inserts Fortified Rice Kernel (FRK) into specified UTGST rate schedules and substitutes the Explanation to define pre-packaged and labelled as commodities for retail sale in packages not exceeding twenty-five kilograms or litres, that are "pre-packed" under the Legal Metrology Act, 2009, with the package or label required to bear the declarations mandated by that Act and its rules; the amendment is effective immediately.

IGST Rate Amendment: Fortified Rice Kernel added to tariff entries and packaging definition aligned with Legal Metrology requirements.
Insertion of Fortified Rice Kernel (FRK) into the IGST tariff by adding a new serial entry and expanding an existing higher-rate entry to include FRK; and substitution of clause (ii) in the Explanation to define pre-packaged and labelled as retail commodities up to 25 kg or 25 litres that are pre-packed under the Legal Metrology Act, 2009, with required package or label declarations. The notification is effective immediately.

GSTR-8 filing deadline for December outward supplies through e-commerce operators is extended under the GST framework.
Time limit for furnishing FORM GSTR-8 for December 2024 is extended until 12 January 2025 for statements reporting outward supplies of goods or services or both effected through e-commerce operators. The extension applies only to the December 2024 statement, operates with the prescribed GSTR-8 filing procedure, and is deemed effective from 10 January 2025.

FORM GSTR-7 filing deadline was extended for registered persons required to deduct tax at source.
The time limit for furnishing FORM GSTR-7 for December 2024 is extended until 12 January 2025 for registered persons required to deduct tax at source. The extension applies to the monthly return prescribed for tax deductors and is deemed effective from 10 January 2025.

GSTR-6 filing deadline for Input Service Distributors is extended for December 2024 returns under Goa GST.
GSTR-6 filing deadline for Input Service Distributors for December 2024 is extended until 15 January 2025 under the Goa Goods and Services Tax framework. The extension applies to the prescribed Input Service Distributor return and takes effect retrospectively from 10 January 2025.

GSTR-5 filing deadline extension allows non-resident taxable persons additional time to furnish the December return.
The time limit for furnishing FORM GSTR-5 by non-resident taxable persons for the December 2024 tax period is extended until 15 January 2025. The Commissioner of State Taxes exercises delegated power to extend the filing deadline on the Council's recommendations, with reference to the corresponding central tax measure. The extended filing time is deemed effective from 10 January 2025.

GSTR-3B filing deadline extension permits December and quarterly taxpayers to furnish returns electronically within revised deadlines.
Goa SGST extends the time limit for furnishing FORM GSTR-3B electronically through the common portal. The December 2024 monthly return deadline is extended to 22 January 2025. For October-December 2024 quarterly returns, registered persons are assigned filing deadlines of 24 January 2025 or 26 January 2025 according to their principal place of business in the specified States and Union territories. The extension is deemed effective from 10 January 2025.

FORM GSTR-1 filing deadlines are extended for monthly and quarterly taxpayers reporting specified outward supplies.
FORM GSTR-1 filing deadlines for reporting outward supplies are extended for specified Goa GST registered persons. Taxpayers required to furnish monthly returns for the December 2024 tax period may furnish FORM GSTR-1 up to 13 January 2025. Taxpayers required to furnish quarterly returns for the October-December 2024 tax period may furnish FORM GSTR-1 up to 15 January 2025. The extension is deemed effective from 10 January 2025.

Fixation of tariff values: updated import tariff values for edible oils, brass scrap, areca nut, gold and silver effective Jan 16.
Fixation of tariff values substitutes Tables 1-3 of the principal non-tariff notification, specifying US dollar tariff values per metric tonne for listed edible oils and brass scrap, US dollar values for gold and silver in specified forms with explanatory exclusions, and a tariff value for areca nuts; issued under section 14(2) of the Customs Act, 1962 and effective from the stated commencement date.

Sea cargo manifest compliance for non-specified ports is deferred, extending the relevant regulatory applicability until 31 March 2025.
The Sea Cargo Manifest and Transshipment Regulations are amended to substitute the date against serial number 6 in the Table after Form XII with 31 March 2025. This defers the applicability of the relevant new regulation for ports other than the specified ports until that date. The amendment takes effect upon publication in the Official Gazette.

Repatriable Rupee account transfers are permitted for bona fide transactions, while SNRR accounts gain expanded cross-border operating access.
Transfers for all bona fide transactions between repatriable Rupee accounts maintained under the deposit regulations are permitted. A person resident outside India with business interest in India may open a Special Non-Resident Rupee Account with an authorised dealer in India or its branch outside India for permissible current and capital account transactions with Indian residents and transactions with persons resident outside India. An International Financial Services Centre unit may maintain such an account with an authorised dealer in India outside the IFSC for business-related transactions outside the IFSC.

Foreign investment payment rules expand permitted accounts, prescribe issuance refunds, and recognize rupee vostro channels for non-debt instruments.
Permitted payment and remittance arrangements for non-debt investments are revised. Equity investment consideration may be received through inward remittances or eligible repatriable accounts, with equity instruments required to be issued within 60 days and unutilised consideration refunded within 15 days thereafter. Foreign Portfolio Investors, Foreign Venture Capital Investors, LLP investors, investment-vehicle investors and eligible Indian Depository Receipt investors may use specified foreign currency, Rupee or Special Non-Resident Rupee accounts. Banking channels include permitted Rupee Vostro Accounts, including Special Rupee Vostro Accounts.

Foreign currency accounts for exporters permit overseas export receipt management subject to import use, repatriation, and export compliance.
Exporters may open, hold and maintain foreign currency accounts with banks outside India for receiving full export value and advance remittances relating to exports of goods or services. Funds may be used for import payments into India or repatriated by the end of the month following receipt, after adjustment for forward commitments. Applicable export-proceeds realisation and repatriation requirements continue to apply.