Revised appellate jurisdiction under GST reorganises territorial divisions for Tirupati and Vijayawada authorities pending Visakhapatnam office setup.
Revised jurisdictions are notified for the Appellate Authorities under the Andhra Pradesh Goods and Services Tax Act, 2017, by partially modifying the earlier order dated 01.07.2022, pending establishment of a full-fledged Appellate Office at Visakhapatnam. The Appellate Authority at Tirupati is assigned the Anantapur, Kurnool, Kadapa, Chittoor and Nellore Commercial Taxes Divisions, while the Appellate Authority at Vijayawada is assigned the Guntur-I, Guntur-II, Vijayawada-1, Vijayawada-2, Vijayawada-3, Eluru, Rajamahendravaram, Kakinada, Visakhapatnam-1, Visakhapatnam-2 and Vizianagaram Commercial Taxes Divisions.

Exemption of AIDC on a specific 5201 subheading excludes that yarn from the Additional Import Duty under amended customs rules.
The notification amends the principal customs exemption by substituting serial number 14 to exclude tariff subheading 5201 00 25 from the Additional Import Duty, while maintaining the levy on other goods under tariff item 5201 subject to the existing staple-length exclusion; the change is enacted under Customs Act and Finance Act powers and takes effect the day after notification publication.

Customs tariff amendments add new tariff lines for turkey meat and berries with specified duties, effective shortly.
Amendment to Notification No. 50/2017-Customs inserts new tariff entries for frozen turkey meat and for cranberries and blueberries in fresh, frozen, dried and otherwise prepared forms with specified ad valorem duties; substitutes a tariff heading entry for an existing serial number; and inserts a nil-duty tariff entry for cotton of specified staple length. The changes update the schedule of duty and exemption entries in the principal notification and take effect from the notification's operative date.

Separate project bank account requirement: resolution professional must operate distinct accounts for each real estate project to segregate funds.
Regulations mandate that resolution professionals operate a separate bank account for each real estate project and must convene committee meetings within thirty days of the last meeting while allowing committee-decided extensions provided there is at least one meeting each quarter. Electronic voting windows run from circulation of minutes for not less than twenty-four hours and not more than seven days, with creditor-requested daily extensions and a cap on post-majority extensions. The insolvency professional must obtain committee approval for all insolvency resolution process costs, ensure valuers explain valuation methodology before estimates, provide valuation reports on confidentiality undertakings, and may invite resolution plans per project; committees may form monitoring committees with fee limits if the resolution professional is a member.

Settlement of arrears applications under Tamil Nadu tax law must be filed by the prescribed deadline.
Application deadline for settlement of arrears under the Tamil Nadu Taxes (Settlement of Arrears) Act, 2023 is fixed as 31 March 2024. Applications for the statutory settlement purpose must be made by that date under the power conferred by section 5(1) of the Act.

Exchange Rate Determination updated: new rates set for customs valuation of imports and exports, effective mid February.
The Central Board of Indirect Taxes and Customs, under section 14 of the Customs Act, determines the rate of exchange for conversion between specified foreign currencies and Indian rupees for customs purposes, superseding an earlier notification and operating from 16th February, 2024. Annexed schedules set currency-specific rates: Schedule I lists rates per one unit with separate entries for imported and export goods; Schedule II lists rates per 100 units with corresponding imported and export goods columns, for application in customs valuation and conversion.

Tariff value fixation updated for specified imports, setting revised customs valuation entries and effective procedures.
Substitution of TABLE-1, TABLE-2 and TABLE-3 in Notification No. 36/2001-Customs (N.T.) fixes tariff values in US dollars for specified imported goods, including edible oils, brass scrap, areca nuts, and specified forms of gold and silver, with qualifications on import route and product form; the amendment takes effect on 16 February 2024.

State tax amendment replaces paragraph citation and updates definitions of Foreign Trade Policy and Handbook of Procedures.
The notification amends a State Tax (Rate) notification by substituting the opening paragraph's cited paragraph reference and replacing Explanation clauses (a) and (b) with updated definitions: clause (a) defines Foreign Trade Policy by reference to the 2023 central policy notification, and clause (b) defines Handbook of Procedures by reference to the 2023 public notice. The amendment specifies an operative commencement date in July 2023 and records the principal notification and its prior amendment.

GST rate amendments add specific goods to state tax schedules and revise tariff descriptions affecting classification and taxation.
The notification amends the Delhi State GST rate schedules by inserting specific tariff entries into the 2.5% schedule for un-fried or un cooked snack pellets (extrusion-manufactured), fish soluble paste, Linz Donawitz slag and imitation zari thread or yarn; by substituting the 6% schedule description for metallised yarn to exclude imitation zari; and by amending the 9% schedule to add extrusion-manufactured un fried snack pellets to toasted products and to revise the description of slag and iron/steel waste to exclude Linz Donawitz slag.

Special Additional Excise Duty on diesel exports increased; amendment effective 16 February 2024 under Central Excise notification.
Amendment to Notification No. 04/2022-Central Excise increases the Special Additional Excise Duty on diesel exports by substituting the tariff entry for diesel in the Table; enacted by Notification No. 07/2024-Central Excise under powers conferred by the Central Excise Act and the Finance Act, effective 16 February 2024.

Special additional excise duty increase on petroleum crude production implemented, amending the prior tariff notification.
Under section 5A of the Central Excise Act, 1944 read with section 147 of the Finance Act, 2002, Notification No. 06/2024 amends the Table in Notification No. 18/2022-Central Excise by substituting the entry in column (4) against serial number 1 with a newly specified Special Additional Excise Duty rate on production of petroleum crude; the amendment takes effect from 16 February 2024.

Supply of online gaming and casino actionable claims notified under tax provision, altering taxable classification of those supplies.
The Governor, acting under the State GST Act, has notified three categories as taxable supplies: supply of online money gaming; supply of online gaming other than online money gaming; and supply of actionable claims in casinos. The notification alters the GST classification and associated compliance obligations for these supply categories and is effective from the stated commencement date.

Tax collection at source obligations: e commerce operators must restrict unregistered sellers, refrain from collecting TCS, and report supplies.
The electronic commerce operator must allow supplies by an exempted person only if an enrolment number is allotted on the common portal, must not allow any inter State supply by that person, must not collect tax at source in respect of such supplies, and must furnish details of those supplies in FORM GSTR 8 electronically. Where multiple operators are involved, the operator who finally releases payment to the person is treated as the electronic commerce operator for these obligations. The procedure is effective from the stated commencement date.

Tax collection at source requires e commerce operators to block inter state supplies, remit collected tax, and file GSTR 8.
Electronic commerce operators facilitating supplies by persons paying tax under the composition scheme must prohibit inter state supplies through their platform, collect tax at source on such supplies and remit it to the Government, and furnish details of those supplies electronically in FORM GSTR 8 on the common portal; this procedure is effective from 1 October 2023.

Registration exemption for sellers on electronic commerce platforms subject to PAN validation, single state enrolment, and specified supply restrictions.
Exempts persons supplying goods through an electronic commerce operator required to collect tax at source from mandatory State registration if their aggregate turnover does not exceed the registration threshold, subject to conditions: no inter State supplies, single State electronic commerce supply, possession and declaration of PAN and business address on the common portal with validation, issuance of a single State enrolment number on successful validation, prohibition on supplying through the operator without an enrolment number, and cancellation of enrolment on subsequent registration under section 25; effective from 1 October 2023.

Account Aggregator designation permits consent based sharing of GST portal information under section 158A.
Notification designates Account Aggregator as an authorized system with which the common portal may share information on a consent basis under section 158A of the Punjab Goods and Services Tax Act, 2017, and defines Account Aggregator by reference to the RBI directions as a non financial banking company undertaking Account Aggregator business.

Condonation of delay in appeals: require prepayment of admitted tax and specified portion of disputed tax before filing.
Notification permits condonation of delay for appeals against demand orders passed by 31 March 2023, requiring filing in FORM GST APL-01 by the prescribed deadline. Admissibility is conditional on full payment of admitted liabilities and payment of a specified portion of the disputed tax with a minimum share debited from the Electronic Cash Ledger; pending appeals may be deemed filed if they meet this payment condition. No refunds of excess pre-notification payments are available until disposal, and non-tax demands are excluded. Chapter XIII of the Punjab GST Rules, 2017, applies mutatis mutandis.

Composition levy exclusion for suppliers of specified actionable claims now removes them from composition scheme eligibility.
With effect from 1st October, 2023, the words ", other than the registered person making supply of specified actionable claims as defined in clause (102A) of section 2 of the said Act," are inserted immediately after the words and figures "composition levy under section 10 of the said Act" in the cited Punjab notification, thereby excluding suppliers of specified actionable claims from the composition levy.

Valuation of related-party corporate guarantees deemed at a minimum value, altering GST treatment of guarantee services.
A deemed valuation rule for related party guarantee services is inserted: where a supplier provides a corporate guarantee to a banking company or financial institution on behalf of a related recipient, the value of the supply shall be deemed to be a minimum percentage of the guaranteed amount or the actual consideration, whichever is higher. The amendment renumbers rule 28 as sub rule (1) and adds this new sub rule; the rules are effective from 26 October 2023.

Valuation of online money gaming: total amounts paid or deposited with supplier form the GST value; refunds not deductible.
Amendments add suppliers of online money gaming from outside India to the covered classes, require PAN and state/UT declaration in FORM GST REG-01 prior to registration, and mandate separate Input Service Distributor registration. New valuation rules (31B, 31C) set value of online gaming and actionable claims as the total amount paid or deposited with the supplier, including virtual digital assets, and disallow deduction for amounts refunded; winnings retained for further play are not treated as amounts paid to the supplier. FORM GST REG-10 and FORM GSTR-5A are revised to capture supply type, platform details, and to segregate reporting of online information services and online money gaming, with updated return and payment provisions.