Tax audit reporting expands required particulars under section 44AB, adding MSMED interest disclosures, transaction codes, and buyback details.
Amendments to Form 3CD under section 44AB require new disclosures including a row for expenditure to settle proceedings under notified contravention laws; detailed MSMED-related reporting of inadmissible interest and amounts payable under the MSMED Act with paid/unpaid breakdowns; revised wording in clause (26); omission of clauses (28) and (29); transaction-level reporting with prescribed codes for nature of receipts/payments; and a new buyback disclosure requiring amounts received and cost of acquisition.

Customs tariff substitution: revised tariff-item duty rates and concession extents under the India-Mauritius CECPA effective 1 April 2025.
Substitutes TABLE 1 and TABLE 2 of Notification No. 25/2021 Customs to prescribe, by tariff item, the description of goods and the applicable duty rate (percentage) and, for TABLE 2, the extent of tariff concessions (percentage of the applied rate of duty). The amendment is made under section 25(1) of the Customs Act, 1962, replaces the prior schedules in the principal notification, includes specific quality parameters for one fish oil entry, and takes effect on 1 April 2025.

Customs tariff amendment substitutes tariff, additional duty and quota tables, altering duty treatment and special kit exemptions.
The Central Government, invoking section 25(1) of the Customs Act, 1962, substitutes TABLE I, TABLE II and TABLE III of Notification No.22/2022 Customs to prescribe revised Basic Customs Duty rates, Additional Import/AIDC rates and Tariff Rate Quotas (with in quota rates and quantities) for specified tariff items, including special duty treatment for CKD kits and electrically operated vehicle kits; the amendments come into force on 1 April 2025.

Sea cargo manifest compliance deadline is revised through an amendment to the Table following Form XII.
Sea Cargo Manifest and Transshipment compliance is amended by substituting the entry against serial number 6 in column (3) of the Table following Form XII in the Sea Cargo Manifest and Transshipment Regulations, 2018, with "31.05.2025". The amendment takes effect upon publication in the Official Gazette.

Common Adjudicating Authority appointment centralises adjudication of specified customs show-cause notices under the Customs Act.
The Board appoints a Common Adjudicating Authority to exercise the powers and duties of the originally named adjudicating officers in respect of specified show-cause notices relating to identified noticees, as set out in the Table, thereby effecting reassignment of adjudicatory responsibility for consolidated adjudication; the notification takes effect on publication in the Official Gazette.

Postal imports entry rules require electronic advance data and filing of a Postal Bill of Import, with duty payment before delivery to enable customs assessment.
Entry for postal imports is constituted by Form CN 22, CN 23 or CP 72 affixed to parcels; the Postal Authority must present an electronic list of arrived parcels on the day of arrival and importers or authorised agents must file a Postal Bill of Import electronically for non personal goods. Customs will perform scanning, risk based assessment using Electronic Advance Data where available, and may examine selected parcels; no delivery is permitted until applicable duties are paid and clearance is electronically communicated. Penalties apply for contraventions and the Commissioner may relax requirements for reasons recorded in writing.

Tariff value fixation updated for edible oils, metals and areca nut, revising import valuation rates and eligibility scope.
The Central Board substitutes revised tables in the principal non-tariff notification under sub-section (2) of section 14 of the Customs Act, fixing tariff values in US dollars for specified edible oils, brass scrap, gold and silver in defined forms, and areca nuts; entries include explanatory scope and exclusions and tie certain items to benefit eligibility under prior notification entries, with the amendments becoming effective on the notified commencement date.

Rule commencement schedule sets staggered enforcement dates for specified amendment rules under the GST framework.
The Governor, under section 164 read with rule 1 of the Amendment Rules, has appointed commencement dates for specified provisions: Rules 2, 24, 27 and 32 shall come into force on the earlier appointed date, while Rules 8, 37 and clause (ii) of rule 38 shall come into force on the later appointed date, as notified in the State Gazette by the State Taxes and Excise Department.

Late fee waiver for delayed GSTR 9C reconciliation allowed if furnished by the specified deadline, subject to refund exclusion.
Waiver of late fee is granted for registered persons who failed to furnish the reconciliation statement in Form GSTR-9C with the annual return in Form GSTR-9, covering the excess late fee payable under section 47 over the late fee due up to the date of furnishing Form GSTR-9, provided Form GSTR-9C is subsequently furnished on or before 31 March 2025; no refund is available for late fee already paid for delayed furnishing of Form GSTR-9C.

Temporary identification number granted to persons not liable to registration but required to pay; new order and form updates introduced.
The amendment adds rule 16A empowering officers to grant a temporary identification number to persons not liable for registration but required to make payments, to be recorded in Part B of FORM GST REG-12. The substituted FORM GST REG-12 specifies Part A for temporary registration and Part B for temporary identification number, listing required personal, contact, identification and optional bank details, the effective date and temporary ID, officer signature, and transmission of a copy to jurisdictional authorities. Related rules 19(1) and 87(4) are amended to reference composition taxpayer intimations and the new rule respectively.

Temporary identification number granted where person not liable to registration is required to make payment under GST rules.
The Rules add Temporary Identification Number authority via new Rule 16A allowing proper officers to grant a temporary identification number and record it in Part B of FORM GST REG-12 when a person is not liable for registration but must make payment; FORM GST REG-12 is substituted to furnish standardized Part A (temporary registration) and Part B (temporary identification number) orders and to require filing of an application for formal registration within ninety days.

High value debt governance: new mandatory corporate governance norms and RPT controls for issuers with substantial listed debt.
Amendments create a new Chapter VA for "high value debt listed entities" (HVDLEs)-entities with only non-convertible debt securities listed and outstanding of Rupees One Thousand Crore and above-imposing sustained governance norms until the outstanding value remains below the threshold for three consecutive years. Key requirements include specified board composition and independence proportions, limits on directorships, mandatory audit and other board committees with defined composition and expertise, vigilance and secretarial audit obligations, stricter rules for independent directors, and a related party transaction regime requiring audit committee approval, debenture trustee No-Objection and debenture-holder voting prior to shareholder approval.

GST reference corrected to require state or central Goods and Services Tax Act wording in specified rule provisions.
The corrigendum directs that in clause (1) and clause (2) of sub rule (v) of rule 2, the previous wording be read as "the Himachal Pradesh Goods and Services Tax Act or the Central Goods and Services Tax Act", effecting a textual correction to the notification's statutory cross reference.

TDS return reporting updated to require inclusion of partner payment withholding under 194T in prescribed return forms.
The notification amends Appendix II of the Income-tax Rules, 1962 to add 194T to the headings of specified TDS return forms and to insert a corresponding annexure table entry describing withholding on payment of salary, remuneration, commission, bonus or interest to a partner of a firm, with the amendments taking effect on publication in the Official Gazette.

Import duty on Bengal gram established, altering tariff treatment and exemption status under customs notifications.
Inserts tariff item 0713 20 20 into Notification No. 11/2018-Customs and substitutes the entry in Notification No. 11/2021-Customs' table with "Nil" in column (4); changes take effect from 1 April 2025 and alter the import duty treatment for Bengal gram (desi chana), HS 0713 20 20.

Refund availability limited where tax already paid for earlier periods; appellants may narrow appeals to remaining periods.
The rules clarify that no refund is available for tax, interest, or penalty already discharged for an entire earlier period where a demand covers that period and other periods; and allow an appellant to notify the appellate authority that they will not pursue the appeal for the specified period so the authority may decide remaining periods, with the intimation deemed a withdrawal only to that extent.

GST refund and appeal rules clarified for mixed-period demands under Section 128A, with withdrawal treatment limited to the covered period.
Amends the Arunachal Pradesh Goods and Services Tax Rules, 2017 to align refund and appeal procedures with cases covered by Section 128A. The amendment clarifies that no refund is available for tax, interest, or penalty already discharged for the entire period before commencement of these rules where a notice, statement, or order under Section 128A covers both the specified period and another period. It also requires the applicant, in mixed-period demands, to intimate the appellate authority or Appellate Tribunal that the appeal is not being pursued for the specified period.

Refund restriction where combined tax demands include fully discharged periods; taxpayers may intimate partial abandonment of appeal.
The amendments limit refunds where a combined demand includes periods already fully discharged prior to the amendment-no refund of tax, interest or penalty paid for such wholly discharged periods-and provide that, instead of withdrawing an appeal entirely, a taxpayer may intimate that they will not pursue the appeal for the earlier period, upon which the appellate authority shall decide the remaining period and the appeal is deemed withdrawn to that extent.

Common Adjudicating Authority appointment centralizes adjudication of multiple show cause notices for M/s Delhi Airport Metro Express Pvt Ltd.
The Central Board of Indirect Taxes and Customs appoints the officer mentioned in column (4) of the Table as the Common Adjudicating Authority to exercise the powers and discharge duties of the officers in column (3) for adjudication of the listed show cause notices issued to M/s Delhi Airport Metro Express Private Ltd., thereby centralizing finalization of provisional assessment.

Safe harbour limits for eligible international transactions increased and scope broadened to include lithium ion batteries.
Amendments expand the definition of core auto components to include lithium ion batteries for electric or hybrid vehicles; increase the monetary thresholds in the safe harbour Table by substituting the lower limit with a higher limit across specified entries; extend the range of applicable assessment years by two additional years; and insert language in the procedural proviso clarifying that the specified treatment applies "for one assessment year."