Countervailing duty rescission on stainless steel imports cancels prior CVD notification while preserving actions already completed.
The Central Government, exercising powers under section 9 of the Customs Tariff Act and rules 20 and 22 of the relevant Rules, rescinds the notification imposing countervailing duty on certain hot and cold rolled stainless steel flat products originating in or exported from China PR, subject to a savings provision preserving actions or omissions taken before rescission.

Insurance web aggregator registration in IFSCs requires fit-and-proper governance, secure platforms, transparent comparisons, and controlled insurance solicitation.
Registration requires the applicant's constitutional documents to include insurance web aggregation as a principal object and restrict its business to web aggregation or insurance broking. Applicants, their controllers, management, Principal Officer and Authorized Verifiers must satisfy disqualification, fit-and-proper, training and examination requirements. Applicants must maintain adequate infrastructure, avoid referral arrangements and conflicts of interest, operate a designated website hosted on an India-based server, appoint a responsible Principal Officer, and maintain prescribed capital and net worth from owned, unencumbered funds.

GST compliance and enforcement amendments redefine member supplies, input tax credit, annual returns, detention penalties, and provisional attachment.
Activities or transactions for consideration between a person other than an individual and its members or constituents are retrospectively treated as supplies between separate persons. Input tax credit requires supplier-furnished outward-supply invoice or debit-note details to be communicated to the recipient. Annual returns may include self-certified reconciliation statements, while interest on delayed returns generally applies only to tax paid through the electronic cash ledger. Detention and seizure provisions are recast around penalty payment, notice and order timelines, disposal of goods on non-payment, and a pre-deposit requirement for appeals.

Export policy of syringes revised to free export, removing prior restrictions and effective immediately under FT Act
The notification converts the export classification for syringes from Restricted to Free, specifying common disposable denominations and declaring that the export policy for all syringes under the cited HS classification or any other HS classification is now Free, effective immediately under the Foreign Trade regulatory provisions.

Input tax credit eligibility updated: supplier filing and FORM GSTR 2B communication now required before availing credit.
Input tax credit is restricted to invoices furnished by suppliers in FORM GSTR-1 or via the invoice furnishing facility and communicated to recipients through FORM GSTR-2B. The rules extend filing relief for the financial year 2020-2021 for annual returns and reconciliation statements. Refunds where Unique Identity Numbers are omitted require attested invoice copies. A new auction-based penalty recovery process for detained or seized goods or conveyances is prescribed, with detailed notice, bidding, payment, transfer and re auction procedures and exceptions for perishable or hazardous items. Proceeds allocation prioritises recovery costs, then dues and penalties, with balances credited to the owner or deposited with the Fund.

Commencement of GST Amendment provisions: sections 2, 3 and 7-15 commence on the appointed date.
A state notification, invoking sub section (2) of Section 1 of the Amendment Act, appoints a specific commencement date to bring specified provisions of the Himachal Pradesh Goods and Services Tax (Amendment) Act, 2021 into force, thereby making those amendment provisions effective without changing their substantive terms.

Commencement of state GST amendment provisions notified: specified sub rules commence from the notified effective date.
Notification declares that sub-rule (2), sub-rule (3), clause (i) of sub-rule (6) and sub-rule (7) of rule 2 of the Eighth Amendment Rules shall come into force from the notified effective date, thereby making those specified provisions operational under the state GST regime.

Limitation period extension for GST records; DRC-03 expanded to register DRC-01A intimations and mismatch categories.
Rules extend the period in rule 137 to five years from 30 November 2021 and amend FORM GST DRC-03 to include intimation of tax ascertained through FORM GST DRC-01A, broaden reason codes to add audit/inspection/investigation, scrutiny and specified mismatch categories, insert additional timing/contents entries in item 5, and substitute the serial number 7 table to capture detailed tax components, totals and ledger utilisation with debit entry references.

Tariff value fixation for specified edible oils, brass scrap, gold, silver and areca nut updated effective February first.
Substitutes TABLE-1, TABLE-2 and TABLE-3 of the principal Customs (N.T.) notification to fix tariff values for specified goods: edible oils (various palm and soybean oil grades), brass scrap (all grades), specified forms of gold and silver (with explanatory scope limits), and areca nut. The substituted tables prescribe tariff values in US dollars per metric tonne or per unit for each listed entry and the amendment comes into force on the notification's stated effective date.

Change in control rules require prior approval and strengthen KRA obligations on KYC validation and audit trails.
KRAs must obtain prior Board approval before continuing after any change in control; perform independent validation of KYC records uploaded by intermediaries as specified by the Board; maintain an audit trail of all uploads, modifications and downloads of client KYC records; and intermediaries must integrate systems with KRAs to enable seamless transfer of KYC documents. Definitions and cross-references are updated to align with current corporate and related statutes.

Ex officio membership on the insolvency board: Ministry of Corporate Affairs nominee formally appointed to represent the Ministry.
The Central Government appointed Dr. Anuradha Guru, Economic Adviser, Ministry of Corporate Affairs, as an ex officio member of the Insolvency and Bankruptcy Board of India to represent the Ministry, under the government's statutory appointment power. The appointment was notified by S.O. 408 (E) dated 28 January 2022 and records administrative particulars including the appointee's designation and the Joint Secretary's administrative signature.

Rescission of notification under Insolvency and Bankruptcy Code withdraws prior Gazette notification while preserving prior actions.
The Central Government rescinds the earlier Gazette notification issued under section 189(1)(b) of the Insolvency and Bankruptcy Code, 2016, withdrawing that notification prospectively while expressly preserving the validity of actions done or omissions made before the rescission.

SGST reimbursement scheme for eligible Assam industrial units sets eligibility, reimbursement limits, compliance rules, and recovery safeguards.
The Scheme provides reimbursement of SGST paid in cash to eligible new industrial units, hotels/resorts of 3 Star and above, river cruise units and green technology power-generation investments that commence commercial production or operation within the covered period under the Industrial and Investment Policy of Assam, 2019. Eligibility depends on policy criteria, prescribed investment thresholds, local employment requirements, separate registration and compliance with GST return and input tax credit utilisation rules. The Scheme excludes specified goods and non-genuine peripheral activities, and prescribes reimbursement limits, approval procedures, audit, recovery, termination of certificates for non-compliance, and special provisions for renewable energy projects.

GST enforcement powers are assigned to a specified Proper Officer, restricting concurrent jurisdiction over the identified taxpayer temporarily.
Powers concerning arrest, summons, access to business premises, and determination of tax liabilities are conferred on the specified Proper Officer in relation to M/s J P Jain & Company under the Delhi Goods and Services Tax Act, 2017. The conferment operates for 120 days from issuance or until further orders, whichever is earlier. During that period, the jurisdictional Proper Officer cannot exercise those powers in respect of the identified taxpayer.

Proper-officer authorization for investigation and tax determination powers applies exclusively to the identified taxpayer, restricting jurisdictional exercise temporarily.
A designated Proper Officer is authorized to exercise powers under sections 69, 70, 71, 73 and 74 of the Delhi Goods and Services Tax Act, 2017, in respect of M/s SK&A Impex LLP. The authorization operates for 120 days from issuance or until further orders, whichever is earlier. During its operation, the jurisdictional Proper Officer cannot exercise powers under those specified sections against the identified taxpayer.

Delegation of GST enforcement powers to a designated officer, with jurisdictional officer barred for the specified taxpayer.
The Commissioner, State Tax delegates powers under sections 69, 70, 71, 73 and 74 of the Delhi GST Act, 2017 to the named Proper Officer for the identified taxpayer, with the delegation limited to a specified operative period. During that period, the jurisdictional Proper Officer is prohibited from exercising those sections against the same taxpayer; the notification names the Proper Officer and taxpayer by GSTIN and conditions the conferment on the stated temporal limitation.

Commencement of GST amendment provisions: specified sub rules of rule 2 take effect from 1 January 2022.
Notification declares that specified provisions of the Chhattisgarh Goods and Services Tax (Eighth Amendment) Rules, 2021-namely sub rule (2), sub rule (3), clause (i) of sub rule (6) and sub rule (7) of rule 2-shall come into force on the first day of January, 2022, as notified by the State Government and published in the State Gazette.

GST Amendment updates limitation period and expands reasons in demand notice form, adding scrutiny and mismatch categories.
The amendment extends the limitation period in rule 137 from four to five years and revises FORM GST DRC 03: the heading adds intimation under FORM GST DRC 01A; item 3's reasons list is expanded to include audit, inspection or investigation, scrutiny, intimation via DRC 01A and mismatch categories between specified returns; item 5 inserts these grounds alongside the existing thirty day response provision; and serial number 7's table is replaced by a detailed tax demand schedule with fields for tax/cess, interest, penalty, fee, others, total, ledger utilised and debit entry particulars.

GST rate amendment: substitution of tariff classifications for specified goods, altering notified entries and effective at year start.
The notification amends Notification No. 21/2018-State Tax (Rate) by substituting the TABLE entries: column (2) against S. No. 4 is replaced with "4414" and column (2) against S. No. 29 is replaced with "7419 80". The amendment is made under the state GST Act on Council recommendation and shall take effect from the 1st day of January, 2022.

GST rate notification amendment updates tariff entries, adds branded tender coconut water criteria and omits a prior entry.
The notification amends the State GST Schedule by substituting specified commodity descriptions, inserting a new entry 97A for tender coconut water not in unit containers that bears a registered brand name or a brand name with an actionable or enforceable right (subject to annexed conditions), omitting S. No. 101, and substituting the classification code 8807 for an existing entry; the changes take effect on the stated commencement date.