Acquisition exemptions under takeover rules expanded to include insolvency resolution plans and RBI-guided debt restructuring.
Amendments expand takeover exemptions to include acquisitions under an Insolvency and Bankruptcy Code resolution plan and RBI-guided debt restructuring, add tribunals alongside courts, and provide that lender conversions and purchases from lenders are exempt only if conditions are met: RBI-prescribed pricing certified by two independent valuers, three-year lock-in (with adjustments for prior lock-ins), shareholder special resolution, and enhanced issuer disclosures including ultimate beneficial owners, business model, audited financials and turnaround roadmap.

GST return procedure: electronic GSTR-3B may be mandated and FORM GSTR-3 electronically generated for reconciliation and crediting.
The amendment revises valuation and compliance procedures: Rule 34 sets the rate of exchange for goods as the Customs-notified rate for the time of supply and for services as the rate per generally accepted accounting principles for the time of supply. Rule 46 requires export invoices to bear specified endorsements and recipient/delivery/destination details. Rule 61 permits the Commissioner to mandate electronic filing of FORM GSTR-3B when GSTR-1/GSTR-2 deadlines are extended, prescribes electronic generation of FORM GSTR-3 Parts A and B from stated sources, and requires reconciliation and crediting of excess input tax to the electronic credit ledger.

Tax rate corrigendum updates scheduled tariff entries, broadening classification and correcting tariff headings in a state notification.
Corrigendum to Notification No. 2/2017 - State Tax (Rate) amends the Schedule: S.No. 59, column (2) is changed from the single entry to "7, 9 or 10" to broaden the tariff classification; S.No. 102, column (2) is changed from "2302" to "2301, 2302" to add the additional tariff code.

GST schedule corrections update tariff classifications and descriptions, amending rates and item entries across state SGST schedules.
Corrigendum to Notification No.1/2017 (Mizoram SGST) makes textual corrections across Schedules I-IV: replacing and amending HSN codes and item descriptions, inserting and omitting specific entries (including photovoltaic cells), clarifying product descriptions (e.g., desiccated coconuts; soft or hard dates), excluding or refining categories (pen inks; sewing needles), updating optical fibre/cable terminology, and specifying video game and recreational equipment classifications.

Fixation of tariff values established for selected imported commodities to provide customs valuation benchmarks and compliance clarity.
Amendment to the non tariff notification substitutes TABLE 1, TABLE 2 and TABLE 3 to fix tariff values in US dollars for specified imported commodities, including edible oils (various palm and soybean oil categories), brass scrap, poppy seeds and areca nut per metric tonne, and gold and silver where specified notification entry benefits are availed, on per unit weight bases, to serve as customs valuation benchmarks.

Export of gold jewellery now permitted subject to a specified maximum carat limit under amended foreign trade policy.
Amendments impose a maximum carat ceiling on exportable gold jewellery: Para 4.32(i) now permits gold jewellery, including partly processed items and articles (excluding legal tender coins), containing gold of 8 carats and above only up to a maximum of 22 carats. Para 6.01(a) similarly qualifies EOU/EHTP/STP/BTP export permissions to allow export of such gold jewellery and articles from those units subject to the same maximum carat limit while maintaining ITC (HS) prohibitions.

Export permission for essential commodities to Maldives granted with exemption from export restrictions for the designated period.
Authorization under the Foreign Trade Act and Foreign Trade Policy permits specified supplies of eggs and pulses to the Republic of Maldives for 2017-18 under a bilateral trade arrangement, and the exports are exempted from any existing or future restriction or prohibition, effective from April 2017.

GSTR-3B filing deadlines specified; returns for the listed months must be filed by prescribed monthly due dates.
Commences a requirement under state GST rules that Form GSTR-3B returns for July 2017 and August 2017 be furnished electronically through the common portal by the prescribed monthly due dates, as specified by the Commissioner of Taxes pursuant to statutory rule-making authority, with the notification taking effect on its date of issue in August 2017.

GST classification corrigendum revises tariff schedule entries, product descriptions and heading references across multiple taxable goods.
A corrigendum corrects multiple entries in the Uttar Pradesh SGST tariff schedules issued under the GST framework. The amendments revise item descriptions, HS headings and product classifications across Schedule I, Schedule II, Schedule III and Schedule IV, including substitutions, additions and omissions relating to goods such as palmyra sugar, agarbatti, desiccated coconuts, dates, artificial fur, sewing needles, optical fibre cables, photovolatic cells and video game-related articles. The notification also corrects spelling, item references and classification codes so that the relevant schedule entries reflect the intended taxable descriptions and headings.

Uttar Pradesh SGST corrigendum expands Schedule entries, changing column values for serial Nos. 59 and 102 to broaden classifications.
Corrigendum to a Uttar Pradesh SGST notification amends Schedule entries by changing column (2) at serial No. 59 from "9" to "7, 9 or 10" and at serial No. 102 from "2302" to "2301, 2302", thereby expanding those column classifications.

State Tax rate schedule corrections expand tariff-heading coverage for two specified entries under the applicable rate notification.
Arunachal Pradesh State Tax rate schedule is corrected at two entries. Serial number 59 is amended by replacing the reference to heading "9" with "7, 9 or 10". Serial number 102 is amended by replacing the reference to heading "2302" with "2301, 2302". These corrections apply for the purposes of Notification No. 2/2017-State Tax (Rate).

SGST registration exemption wording is corrected by removing an erroneous statutory reference from the operative notification.
Arunachal Pradesh SGST registration exemption is corrected by omitting the words "section 23" appearing in the first line after the words "section 3 of" in Notification No. 2/2017-State Tax dated 28 June 2017.

GSTR-3B filing deadlines set: monthly returns must be filed electronically via the common portal by specified dates.
The Commissioner, on Council recommendations, specifies that FORM GSTR-3B returns for the months listed in the Table shall be furnished electronically through the common portal before the dates specified for each month, and the notification comes into force from the stated commencement date, fixing the operative timeline for compliance and electronic submission.

Rate of exchange rules and export invoice endorsements clarified, and electronic GSTR-3B filing with reconciliation mechanism instituted.
The amendments substitute timelines and correct terminology; prescribe that exchange rates for goods follow Customs Board notifications while services follow generally accepted accounting principles for the time of supply; require export invoices to bear specified endorsements and include recipient and delivery details and country of destination in lieu of certain particulars; permit the Commissioner to mandate electronic filing of FORM GSTR-3B where time limits are extended and provide that FORM GSTR-3 will be electronically generated and reconciled against GSTR-3B with excess input tax credit credited to the electronic credit ledger.

National Anti profiteering Authority composition requires nomination of qualified tax commissioners to ensure tax reduction benefits reach recipients.
Constitution of a National Anti profiteering Authority under Section 171 requires a Chairman and four Technical Members - each a current or former Commissioner of State or Central Tax or equivalent - to be nominated by the GST Council; Rule 124(5) bars selection of persons aged sixty two years or above. Eligible officers are invited to submit name, age and experience for nomination to the State tax office by the contact and deadline stated.

Exchange rate determination clarified for goods and services; export invoice endorsements and GSTR-3B filing procedures specified under GST rules.
The amendment sets exchange-rate rules for valuation-Customs-notified rates for goods and generally accepted accounting principle rates for services-and revises export invoice endorsements and return-filing mechanics: export invoices must carry specified endorsements and recipient/delivery/country details; the Commissioner may require FORM GSTR-3B where GSTR-1/GSTR-2 timelines are extended and electronic generation, reconciliation and crediting procedures between GSTR-3, GSTR-3B and GSTR-2 are prescribed.

Application of Central GST notification: extends central GST notification mutatis mutandis to state GST law with retrospective effect.
The Governor, exercising powers under the State GST Act, notifies that Notification No.11/2017 Central Tax shall apply mutatis mutandis to the Himachal Pradesh Goods and Services Tax Act, 2017, and declares the adoption to have retrospective effect from 24 June 2017, thereby extending the central notification's operative provisions into the state GST law.

Terminology correction: replacement of 'Board' with 'Government' in GST rules with retrospective effect.
The corrigendum directs substitution of the word 'Board' with 'Government' in rule 26(1), the first proviso to rule 46, clause (d) of rule 55(1), and clause (g) of para 2 of the State Tax notification; the amendment operates retrospectively from the first day of July, 2017.

Common Adjudicating Authority appointment to adjudicate specified customs show cause notices under the Customs Act.
Directorate of Revenue Intelligence appoints specified officers as Common Adjudicating Authority, under notifications issued pursuant to clause (a) of section 152 of the Customs Act, 1962, to exercise the powers and duties of listed proper officers for adjudication of the particular show cause notices identified in the tabular schedule; the table maps noticees, show cause notice references, original adjudicating authorities and the officers now designated to adjudicate those matters, with a subsequent substitution noted by later notification.

Common Adjudicating Authority appointments reassign adjudication of specified customs show cause notices to designated officers.
The Director General, Revenue Intelligence appoints named officers listed in the Table to act as Common Adjudicating Authority, empowering them to exercise the powers and discharge the duties of the adjudicating authorities originally specified, in respect of the listed noticees and their corresponding show cause notices, with cross-references to earlier notifications and noted substitutions.