Cross-border payments through ACU mechanism allowed between participant-country residents subject to prescribed directions; other transactions follow alternate payment rules.
Regulation 3 is amended to allow payments between residents of ACU participant countries (excluding Nepal and Bhutan) to be made through the ACU mechanism or pursuant to prescribed directions to authorised dealers; all other transactions must follow the alternative receipt and payment methods specified in the regulation. The amendment takes effect on publication in the Official Gazette under the Reserve Bank's statutory authority.

Export prohibition on De-Oiled Rice Bran imposed, restricting international shipments under amended foreign trade policy until government-specified deadline.
Amendment designates export of De-Oiled Rice Bran as Prohibited under specified ITC(HS) tariff lines in Chapter 23, replacing prior 'Free' status; the prohibition is operative until the government-specified cutoff in 2025 and is enacted under powers granted by the Foreign Trade Act and the Foreign Trade Policy.

Designation change in GST notification: 'Special Commissioner' replaced with 'Additional Commissioner', altering administrative authority under GST rules.
Amendment substitutes the words "The Special Commissioner of Revenue, W.B." with "The Additional Commissioner of Revenue, W.B." in clause (a) of notification No. 697-F.T., dated 13.07.2021, effected under powers of the West Bengal GST Act and rules, and is declared to be effective from 1 December 2024.

Definition amendment clarifies "specified premises" cross reference to notification 11/2017 and effective April 2025 commencement.
Amendment substitutes item (c) in the Explanation of the Puducherry GST rate notification to adopt the meaning of "specified premises" as assigned in clause (xxxvi) of paragraph 4 of the earlier rate notification, creating a direct cross reference; issued under sub section (5) of section 9 of the Puducherry GST Act and commencing on the first day of April, 2025.

Common Adjudicating Authority appointment assigns adjudication of a specified supplementary customs notice following prior assignment.
The Commissioner of Customs (Adjudication), Mumbai is appointed as the Common Adjudicating Authority to exercise the powers and duties of the Additional Commissioner of Customs (Import), Mundra, for adjudication of the specified supplementary notice concerning Shri Nisar Pallathukadavil Aliyar and 29 others, with effect from publication in the Official Gazette and referencing earlier notifications that assigned the matter to the Commissioner.

Amendment to GST applicability narrows eligible persons, excluding corporate bodies and those under composition levy.
Amendment narrows the Table entries by inserting exclusions: serial number 4 is limited by adding "other than a body corporate" after "Any person", and serial number 5AB is limited by adding "other than a person who has opted to pay tax under composition levy" after "Any registered person"; the amendments are declared to have effect from an earlier specified date.

GST notification amendment: Motor Vehicle Accident Fund insurance services exempt from tax, wording and definition changes enacted.
The notification amends the Puducherry GST rate table by replacing "transmission and distribution" with "transmission or distribution," inserting a nil-rated entry for services of insurance provided by the Motor Vehicle Accident Fund funded by insurers from third party motor insurance premiums, and adding a training partner approved by the National Skill Development Corporation as a listed item. It omits item (w) in paragraph 2 and inserts a definition of "insurer" drawn from the Insurance Act; the notification is made effective retrospectively from mid-January.

Specified premises designation for hotel accommodation governs opt in and opt out declarations and annual applicability.
The notification redefines specified premises for hotel accommodation services to include premises exceeding a per unit per day value threshold in the preceding year, premises declared by registered persons via an opt in filed between 1 January and 31 March of the preceding financial year, and premises declared by registration applicants within fifteen days of registration acknowledgement. It inserts Annexures VII-IX prescribing opt in and opt out declaration formats and requires separate filings per premises; opt in declarations apply for the financial year and subsequent years unless superseded by an opt out.

GST rate revision for specified supply modifies applicable tax rate under Puducherry notification, effective from mid-January.
The notification amends the TABLE in the earlier notification by substituting the entry in column (4) against S. No. 4 with a different tax rate for that listed supply, thereby altering the applicable GST charge; the amendment is made under the statutory power exercisable by the Lieutenant Governor on the Council's recommendation and is effective from the 16th day of January, 2025.

GST rate amendment adds food inputs for ICDS supplies to existing notification, retrospective to January.
The Puducherry GST (Rate) notification is amended to insert, against S. No. 1 in the Table, after the Fortified Rice Kernel (Premix) supply for ICDS or similar Scheme, a new sub paragraph "(c) food inputs for (a) above," thereby including food inputs related to that supply; the amendment is made under the Puducherry GST Act, 2017 and is effective retrospectively from 16th January 2025.

GST amendment adds Gene Therapy and revises 'pre-packaged and labelled' definition to align with legal metrology requirements.
Amendment adds Gene Therapy to the Puducherry GST (Rate) Schedule and replaces the Explanation's clause defining "pre-packaged and labelled" to mean retail commodities that are pre-packed as per the Legal Metrology Act and whose package or securely affixed label must bear the declarations required by that Act and rules, thereby aligning GST classification with Legal Metrology packaging and labelling obligations.

GST rate amendment adds Fortified Rice Kernel to specified rate entries and clarifies pre-packaged labelling requirements.
The notification inserts Fortified Rice Kernel (FRK) into specified GST schedules, explicitly adding it alongside goods known as Murki and thereby defining its tax classification, and substitutes the Explanation to clarify that "pre packaged and labelled" means retail commodities in packages up to 25 kg or 25 litres that must bear the declarations required by the Legal Metrology Act, 2009. The amendment is effective from 16th January, 2025.

Facilitator appointments bolster sub class creditor representation and mandate possession transfer and development rights reporting in real estate insolvency.
New regulations require the resolution professional, after committee approval, to hand over possession and facilitate registration where an allottee has performed contractual obligations. For very large creditor classes, the committee may appoint up to five facilitators for sub classes meeting request thresholds; facilitator fees are fixed as a percentage of authorised representative fees and included in insolvency process costs. Resolution professionals must prepare and submit, within the prescribed timeline, a report on development rights and permissions for any real estate project to the committee and Adjudicating Authority.

Tariff classification correction: customs notification amends a tariff item in a miscellaneous exemption table, updating the official gazette entry.
Corrigendum substitutes one tariff item code for another in Notification No. 50/2024-Customs' miscellaneous exemption table, specifying the exact Gazette reference and table location where the original entry is to be read as the corrected commodity code, thereby updating the published exemption table entry.

Customs exemption amendment expands tariff coverage to include chapter 86, broadening repair-and-return and export-use relief.
Amendment replaces the words "chapter 88 or 89" with "chapter 86 or chapter 88 or chapter 89" in the proviso to clause (ii) of serial number 1 in the TABLE of Notification No. 153/94 Customs, thereby expanding the scope of the exemption for goods of foreign origin used for repairs and return or for use on articles for export; the change is made under the stated statutory powers and takes effect on 2 February 2025.

Exemption amendment expands tariff entries and adds ammunitions coverage for specified defence imports under customs notification.
Amendment modifies the exemption table for serial numbers 10-13 by substituting "or 90" with "90 or 93" in column (2), removing the standalone word "Ammunition" in column (3), and inserting a new item (III) stating "Ammunitions for the goods mentioned at item (I) above," thereby clarifying tariff classification and expressly extending exemption coverage to ammunitions related to the listed defence goods.

Customs exemption for capital goods enables duty free import for manufacture of lithium ion cells for mobile and electric vehicle batteries.
The amendment substitutes S. No. 69 in the principal customs exemption notification to add detailed lists (S. No. 69 and 69A) of specified capital goods, by tariff item, exempted from basic customs duty when used in the manufacture of lithium ion cells for batteries of mobile handsets and electrically operated vehicles. The lists enumerate production-line machinery, ancillary equipment and systems with corresponding tariff classifications. The notification takes effect on the 2nd February, 2025.

Customs duty exemptions for telecom and mobile phone components remove duties on specified inputs and parts, effective February.
The amendment to Notification No.57/2017-Customs changes basic customs duty treatment for inputs and parts used in manufacture of cellular mobile phones and high-technology telecom equipment by omitting S. No. 5E, substituting NIL for duties at S. Nos. 6A, 6B, 6C and 7, replacing the column (2) description at S. No. 6D with "Any Chapter", and substituting item (g) at S. No. 20 to include Packet Transport Node and MPLS-TP products; effective 2 February 2025.

Customs exemption for patient assistance programmes expands to include specified drugs supplied under designated company programmes.
The notification amends Notification No. 16/2017-Customs by inserting serial entries listing specific drugs, the named Patient Assistance Programmes, and the associated pharmaceutical companies; supplies of those drugs under the listed programmes are exempted from customs duty. The amendment is made under section 25(1) of the Customs Act and takes effect on the stated commencement date.

Tariff schedule amendments under India-UAE CEPA remove and insert customs exemptions, altering duty rates and classifications.
Amends Notification No. 22/2022 Customs to give effect to the first tranche of India-UAE CEPA by omitting specified entries from Table I and inserting multiple new tariff lines and entries in Table II with prescribed duty rates and exemption columns, including detailed provisions for motor vehicles, electrically operated vehicles, knocked down kits and motorcycles with differentiated duties; the amendments take effect on 2 February 2025.