Invoice preparation requirement for registered persons exceeding the turnover threshold ensures prescribed documentation for supplies to other registered persons.
The notification requires registered persons, excluding specified exceptions in the registration rules, whose aggregate turnover exceeds the prescribed threshold, to prepare invoices and other prescribed documents for supplies of goods or services to a registered person; it supersedes an earlier notification while preserving prior actions and specifies the commencement date for the obligation.

Waiver of penalty: compliance start deferred, offering relief for non-compliance during the extended period, subject to later compliance.
Amendment substitutes the original compliance clause to create a covered period during which non-compliance is subject to a waiver of penalty, conditional on the person complying with the notification from a deferred commencement date; the change is effected by replacing specified words in the earlier Finance Department notification under the authority of section 128.

E invoicing threshold change expands mandatory e invoicing coverage, altering taxpayer compliance obligations from the effective date.
Amendment reduces the aggregate turnover threshold triggering mandatory e-invoicing under the Haryana GST Rules by substituting the prior higher benchmark in the departmental notification with a lower benchmark, and prescribes the effective date for taxpayers above the revised threshold to comply with e invoicing requirements.

Deadline extension for GST compliance shifts statutory effective dates, extending the compliance window and affecting penalty timing.
Amendment to Notification No. 45/2020 - State Tax substitutes the first paragraph's dates, replacing the original terminal and initial dates with later calendar dates, thereby extending the compliance window and altering the period relevant to enforcement and penalty considerations under the earlier notification.

Regulatory repeal of underwriters regulations: registrations deemed surrendered, with prior rights and proceedings preserved under savings provisions.
The notification repeals the Securities and Exchange Board of India (Underwriters) Regulations, 1993 effective on publication in the Official Gazette, with certificates of registration under the 1993 Regulations deemed to be surrendered. It contains savings provisions preserving prior operation, rights, obligations, liabilities, penalties and ongoing investigations, legal proceedings or remedies, permitting such matters to be continued and enforced as if the 1993 Regulations had not been repealed.

Underwriting by stock brokers: permitted subject to net worth funding, recordkeeping, disclosure, conflict safeguards and limits on obligations.
Registered stock brokers are permitted to act as underwriters and must enter written underwriting agreements with issuers detailing term, duties, obligation amounts, subscription timelines, commission and fulfilment arrangements. They must maintain prescribed books and records, including audited financials for corporate underwriters and receipts/payments and assets/liabilities for non-corporate underwriters, and retain records of agreements and subscribed amounts. Brokers must fund underwriting from their own net worth/funds as prescribed, limit aggregate underwriting obligations relative to net worth, subscribe to securities when called within the prescribed period, and comply with enhanced disclosure, conflict-of-interest, conduct, and market-integrity requirements.

Underwriting obligations cap limits merchant bankers' aggregate exposure relative to net worth and mandates timely subscription.
The amendments require merchant bankers acting as underwriters to enter written agreements with issuers specifying duration, duties, underwriting obligations, subscription timing and remuneration; prohibit indirect benefits beyond agreed commission; cap aggregate underwriting obligations relative to net worth; mandate subscription within a prescribed period upon intimation; and require maintenance of records including agreements, amounts subscribed and capital adequacy statements, with additional prohibitions on insider trading, misrepresentation and unfair competition.

Advance ruling authority constituted; two members appointed to formalise advance ruling mechanism under Punjab GST administration.
The notification constitutes the Punjab Authority for Advance Ruling under provincial GST law, superseding a 2017 notification, and establishes its composition: one Central Government appointed Additional Commissioner (GST Commissionerate, Jalandhar) and one State Government appointed Additional Excise and Taxation Commissioner for State Tax, formalising the Authority's membership and operational commencement.

Effective date amendments in Nagaland GST: original March and April start-dates shifted to June and July commencement.
The Government of Nagaland, exercising powers under section 128 of the Nagaland Goods and Services Tax Act, 2017 and acting on Council recommendations, amends its earlier Finance Department notification of 29 November 2020 by substituting in the first paragraph the phrase "31st day of March" with "30 day of June" and the phrase "01st day of April" with "1st day of July".

Intra state e way bill exemption for most intra State goods, excluding tobacco and pan masala; documents must still be carried.
Amendment inserts an intra State e way bill exemption for consignments moving wholly within Rajasthan, excluding all types of tobacco products and pan masala, subject to a prescribed monetary threshold, and adds a proviso that tax invoice, bill of supply, voucher, delivery challan or bill of entry must still be carried even for consignments exempted from the intra State e way bill requirement.

Common Adjudicating Authority appointment centralises customs adjudication powers for specified show cause notices and noticees.
The Principal Director General, Revenue Intelligence appoints the officers specified in the Table as a Common Adjudicating Authority to exercise the powers and discharge the duties of the originally named adjudicating officers for the listed noticees and corresponding show cause notices, thereby centralising adjudication responsibility for those matters as specified in the Table.

Customs duty exemption: substituted tariff Table mostly sets zero duty for listed goods, with specified carve-outs and limited non-zero entries.
Substitutes the tariff exemption Table in Notification No. 69/2011-Customs to prescribe concessional customs duty treatment for specified tariff items, predominantly showing a zero percent customs duty for the enumerated goods while retaining specified carve-outs and limited non-zero duty entries; enacted under section 25(1) of the Customs Act, 1962 and effective from 1 April 2021.

Extension of exemption notification effective date to 1st April 2022, amending proviso under section 25.
An amendment substitutes the opening paragraph's proviso in the principal customs exemption notification by replacing the previously specified effective date with a date one year later, effected under the Central Government's powers in sub-section (1) of section 25 of the Customs Act, 1962, thereby deferring the cutoff date for the existing exemption regime without changing substantive eligibility or conditions.

Extension of notification timelines under state GST shifts commencement and expiry dates, deferring the operative period of the measure.
Amendment revises temporal provisions of a prior State GST notification by substituting specified calendar dates for the commencement and expiry referenced in that notification. The Government, exercising statutory powers on Council recommendation, replaces the earlier terminal date with a later terminal date and correspondingly defers the stated commencement date to a later date, adjusting the operative period of the original notification.

Extension of GST notification timelines: effective dates shifted to end of June and start of July.
The Government substitutes the dates in the first paragraph of Notification No. 89/2020, replacing "31st day of March" with "30th day of June" and "01st day of April" with "1st day of July", thereby shifting the temporal applicability of the specified provision(s).

Aadhaar authentication exemption: specified non-citizens, government departments, local authorities, statutory bodies and PSUs excluded under JK GST.
Provisions requiring Aadhaar authentication under section 25 (sub sections (6B) and (6C)) of the Jammu and Kashmir GST Act are declared inapplicable to persons who are not Indian citizens, Central Government Departments or establishments, local authorities, statutory bodies, Public Sector Undertakings, and applicants for registration under section 25(9); the notification takes effect from 23rd February, 2021.

Bill of Entry amendment allows importers to supplement Bill of Lading details on the common portal under statutory proviso.
Amendment empowers importers to supplement Bill of Lading details in the bill of entry on the common portal, as specified by the Central Board of Indirect Taxes and Customs under the proviso to section 149 of the Customs Act, 1962; the change permits addition of transport document particulars in bills of entry filed under the second proviso to sub section (3) of section 46 and comes into force on publication in the Official Gazette.

Bill of Entry filing timelines set distinct arrival-based deadlines for customs ports, airports, inland facilities and land customs stations.
Bill of Entry filing timelines require authorised persons clearing goods for home consumption or warehousing to file before prescribed arrival-based deadlines. Customs-port filing is due by the end of the preceding day, except consignments from Bangladesh, Maldives, Myanmar, Pakistan or Sri Lanka, which may be filed by the end of vessel arrival day. Airport and land customs station filings are due on arrival day, while inland container depot and air freight station filings are due by the end of the preceding day.

Bill of entry filing deadlines now vary by customs location, transport mode, and specified consignments under paperless processing rules.
Bill of entry filing requirements are revised by defining the Customs Automated System as the Indian Customs Electronic Data Interchange System and replacing relevant references with "common portal". Authorised persons must file bills of entry according to the place and mode of arrival: generally by the preceding day at customs ports, inland container depots and air freight stations; on the arrival day at customs airports and land customs stations; and on the vessel's arrival day for consignments from specified neighbouring countries.

Common Customs Electronic Portal established to enable electronic filing, duty payment and secure data exchange for customs processes.
Notification designates https://www.icegate.gov.in as the Common Customs Electronic Portal under section 154C of the Customs Act, 1962 to facilitate registration, filing of bills of entry and shipping bills, submission of prescribed documents and forms, payment of duty, performance of functions assigned to a common portal under the Act and rules, and data exchange with other systems; the notification takes effect upon publication in the Official Gazette.