Seizure disposal: specified perishable and hazardous goods may be promptly disposed by the proper officer after seizure.
Notification empowers the proper officer to dispose of specified seized goods under the Bihar Goods and Services Tax Act where perishability, hazardous nature, depreciation, storage constraints or other relevant considerations make continued custody impracticable; it lists categories including perishable substances, raw hides, periodicals, volatile compounds, lighter fuels, batteries, petroleum products, dangerous drugs, bulk drugs and chemicals, pharmaceuticals, fireworks, certain timbers, taxable lower-tariff goods, and unclaimed or provisionally released goods not reclaimed within one month of bond execution.

Reverse charge on Priority Sector Lending Certificates now applies to registered persons as both supplier and recipient.
Amendment adds an entry notifying reverse charge on "Priority Sector Lending Certificate" classified under "Any Chapter", with both supplier and recipient specified as "any registered person", thereby bringing the supply of such certificates within the reverse charge mechanism under the Uttar Pradesh SGST framework; the amendment is effective from 28th May, 2018.

Perishable and hazardous goods disposal under section 67(8): notification permits prompt disposal after seizure to prevent loss or hazard.
Notification under section 67(8) authorises the proper officer to dispose promptly of seized goods whose perishable or hazardous nature, rapid depreciation in value, storage constraints or other relevant considerations make retention impracticable; a Schedule lists affected categories and includes goods provisionally released under section 67(6) where provisional release was not taken within one month of bond execution.

Refund entitlement for inverted duty structure clarified, prescribing formula, documentation and adjusted turnover and ITC definitions.
Amendments revise valuation, refund, return and form procedures under the Tamil Nadu GST Rules: amounts added under valuation clause are treated as deemed paid for ITC adjustment; the refund formula for inverted duty structure is prescribed with definitions of Net ITC and Adjusted Total Turnover; inward supplies must be supported by tax invoices; fifty percent of compensation cess determinations must be deposited in the Fund; anti profiteering remedies and documentation requirements in specified forms are updated.

Disposal of seized perishable or hazardous goods: authorises prompt disposal where retention risks loss or hazard.
Notification authorises the proper officer to dispose of seized goods immediately where perishable or hazardous nature, rapid depreciation, storage constraints, or other relevant considerations apply; the Schedule lists categories including hygroscopic substances, raw hides and skins, periodicals, certain consumables and chemicals, batteries, petroleum products, drugs and pharmaceuticals, fireworks, select woods, taxable goods in Chapters 1-24 of the Customs Tariff, rapidly obsolescent unclaimed goods, and provisionally released goods not reclaimed within one month.

GST Rule Amendments change refund formula, documentation and compliance obligations, including input tax credit and cess deposit requirements.
Notification amends Nagaland GST Rules to deem amounts added under valuation clause as paid for input credit purposes, extend a time limit to eighteen months, substitute a formula and definitions for refunds under inverted duty structure, revise refund forms to require invoice-level details, require inward supplies to be received against tax invoices, and empower the authority to order price reductions, returns with interest, deposits into the compensation Fund, penalties and cancellation of registration.

Valuation rules amendment adds presidents of major professional institutes as ex officio members of valuation governance.
Amendment inserts a new clause providing that the presidents of the three principal professional accountancy and company governance institutes shall serve as ex officio members, thereby altering the composition of the valuation rules' governing membership. The amendment takes effect upon publication in the Official Gazette and is made under the Companies Act rule making powers.

Significant beneficial ownership requires declaration, company filing, register maintenance, notice powers and potential share restrictions.
These Rules require individuals holding significant beneficial ownership (not less than ten per cent. or exercising ultimate control) to file Form BEN-I with the company on commencement or within thirty days of acquisition/change; companies must file Form BEN-2 with the Registrar within thirty days, maintain a register in Form BEN-3 open for inspection, issue Form BEN-4 notices to obtain SBO information, and may apply to the Tribunal for restrictions on shares including transfer, dividend and voting suspensions. Pooled investment vehicles and regulated funds are excluded.

Postal ballot flexibility: companies providing electronic voting may transact ballot items at general meetings; small companies exempt.
The amendment omits rule 13, deletes sub rule (6) of rule 15 and the Explanation to rule 18(3)(ix), and omits Form No. MGT 10. It substitutes the proviso to rule 22(16) to allow items otherwise requiring postal ballot to be transacted at a general meeting where the company must provide members a facility to vote electronically; additionally, One Person Companies and companies with up to two hundred members are not required to transact any business through postal ballot.

Disposal of seized perishable and hazardous goods: notification allows prompt disposal when retention is impractical or value rapidly declines.
Notification authorises the proper officer to promptly dispose of specified goods seized under the seizure provisions of the Rajasthan GST framework where the goods are perishable, hazardous, subject to rapid depreciation, constrained by storage, or otherwise unsuitable for retention; listed categories include hygroscopic substances, raw hides, newspapers, certain chemicals and pharmaceuticals, batteries, petroleum products, dangerous drugs, fireworks, protected timbers, broad groups of tariff-bound taxable goods, technologically obsolescent unclaimed goods, and goods not reclaimed after provisional release.

Amendment to GST rules revises refund calculations and enforcement powers to ensure pass through of tax benefits.
Amendments to the Rajasthan GST Rules modify valuation and input tax credit treatment, extend a limitation period, prescribe a formula and definitions for refunds of input tax credit in inverted duty cases, revise refund and practitioner forms, require half of certain cess amounts to be deposited in the Fund, align the Secretary to the Authority with central rules, empower the Authority to order price reductions, returns with interest, fund deposits, penalties and cancellation for failure to pass on benefits, and permit movement of empty LPG cylinders for non supply reasons.

GST rule amendment clarifies refund formula for inverted duty, extends timelines, and tightens invoice and compliance requirements.
Amendments to Tripura SGST Rules clarify valuation by deeming certain added amounts as paid for section 16 purposes, extend a time limit from one year to eighteen months, prescribe a formula for refunds of ITC accumulated due to inverted duty structure (defining Net ITC and Adjusted Total Turnover), require inward supplies to be supported by tax invoices for specified refunds, mandate deposit of fifty percent of certain cess amounts into the Compensation Fund, expand Authority remedies for failure to pass on rate reductions, add movement permission for empty LPG cylinders for non supply reasons, and revise multiple GST forms and annexures to implement these changes.

Disposal of seized goods: specified perishable, hazardous and rapidly depreciating items may be summarily disposed after seizure.
Notification under section 67(8) of the Tripura SGST Act authorises the proper officer to dispose of specified seized goods promptly, considering perishability, hazardous nature, depreciation, storage constraints or other relevant factors. The Schedule lists categories warranting such disposal, including hygroscopic substances, raw hides, newspapers, volatile substances, refills, lighter fuel, batteries, petroleum products, controlled drugs and chemicals, pharmaceuticals, fireworks, restricted timber species, taxable early chapter goods, rapidly depreciating unclaimed items, and goods not taken after provisional release.

Commencement date set for specified sections of Companies (Amendment) Act to come into force as notified.
Central Government appointed 13th June 2018 as the commencement date for specified provisions of the Companies (Amendment) Act, 2017, bringing into force Clause (iii) of Section 21 and Section 22, and Sections 24, 25, 26 and 71; the notification was issued under the executive commencement power and is accompanied by a corrigendum recording a correction.

Disposal of seized goods: specified perishable, hazardous and depreciable items may be promptly disposed by proper officer.
Notification designates specific classes of seized goods that the proper officer may dispose of immediately under the seizure provision due to perishable or hazardous nature, rapid depreciation, storage constraints or other considerations; it lists categories including hygroscopic salts, raw hides and skins, periodicals, menthol/camphor/saffron, pen refills, non-refillable lighter fuel, batteries, petroleum products, controlled drugs, bulk drugs and specified chemicals, pharmaceuticals, fireworks, Red Sander, sandalwood, taxable goods prone to deterioration, unclaimed/abandoned rapidly depreciating goods, and provisionally released goods uncollected within one month of bond execution.

GST rule amendment: revised refund formula for inverted duty structure and updated compliance, registration, and form requirements.
Amendments to the Meghalaya GST Rules, 2017 implement changes including a proviso deeming value added under clause (b) of section 15(2) as paid for section 16(2) purposes; extending limitation in rule 83 to eighteen months; substituting rule 89 to set a formula for refunds arising from inverted duty structures with definitions for Net ITC and Adjusted Total Turnover; clarifying receipt of inward supplies against tax invoices in rule 95; requiring fifty percent deposit of a specified cess into the Fund under rule 97; empowering the authority under rule 133 to order price reductions, returns with interest, deposits to Funds, penalties, or cancellation; and revising forms and practitioner qualifications.

Customs terminal notification: Karanja Terminal added for unloading and loading of imported and export goods.
Amendment to the principal notification inserts Karanja Terminal as item (18) in the TABLE against serial number 8 for Maharashtra, authorising the terminal, under clause (a) of sub section (1) of section 7 of the Customs Act, 1962, to perform unloading of imported goods and loading of export goods.

Disposition of seized goods: Goa notifies classes eligible for prompt disposal after seizure due to perishability or hazard.
Notification empowers the proper officer to dispose, promptly after seizure, of goods whose perishable or hazardous nature, rapid depreciation, storage constraints, or other considerations make preservation impracticable. The Schedule lists categories eligible for such disposal, including hygroscopic substances, raw hides and skins, periodicals, certain chemicals and pharmaceuticals, batteries, petroleum products, controlled drugs, fireworks, specified timber, taxable goods within early tariff chapters, rapidly depreciating unclaimed goods, and goods provisionally released but not taken within the prescribed period.

Refund of Input Tax Credit: amended rules set formula for inverted-duty refunds and strengthen Fund safeguards and compliance.
Amendments to the Goa GST Rules clarify valuation by deeming amounts added under section 15(2)(b) as paid for input credit conditions, extend a proviso limitation to eighteen months, and prescribe a detailed formula for refund of input tax credit arising from an inverted tax structure (defining Net ITC and Adjusted Total Turnover). The Authority is empowered to order price reductions, recovery with interest, deposits into the compensation Fund, penalties, and registration cancellation where benefits are not passed to recipients, and refund and practitioner forms are correspondingly revised.

Seizure disposal rules permit immediate disposal of perishable or hazardous seized goods when retention risks loss or danger.
Notification authorises the proper officer to dispose summarily of seized goods that are perishable, hazardous, prone to depreciation, constrained by storage, or otherwise unsuitable for retention, listing categories such as perishable substances, raw hides, periodicals, certain chemicals and pharmaceuticals, batteries, petroleum products, dangerous drugs, fireworks, protected woods, broad taxable goods within early tariff chapters, rapidly obsolete unclaimed goods, and goods not claimed within one month after provisional release bond execution.