Commencement of Amendment Act: section one effective on notification; other specified sections deemed in force earlier.
Notification designates commencement dates under the West Bengal Goods and Services Tax (Second Amendment) Act, 2023: section 1 is effective immediately upon notification of the Act, while sections 2, 3 and 4 are deemed to have come into force on the 1st day of October, 2023, pursuant to the power conferred by sub section (2) of section 1 of the Amendment Act.

Additional duty on unblended diesel: applicability deferred and tariff classifications updated under amended notification, effective next fiscal year.
Extends the applicability date for the additional duty on unblended diesel by substituting the year references in the provisos to the Table and Annexure of Notification No. 11/2017-Central Excise, and replaces tariff entry 27101930 for Sl. No. 3A with tariff headings 2710 19 44 and 2710 19 49.

GST rate schedule amendment: specified tariff codes substituted for listed entries, altering classification under the schedule.
The notification amends G.O. Ms. No. 1/2017 Puducherry GST (Rate) by substituting the entries against S. No. 165 and S. No. 165A in Schedule I with the tariff codes "2711 12 00, 2711 13 00, 2711 19 10", changing the classification under the specified GST schedule and declaring the substitution effective from 4 January 2024.

Inspection selection for reimbursement claims now suspends processing until inspection reports received and tight timelines govern filings and appeals.
Amendments adjust the reimbursement scheme by substituting "State Taxes" for "Commercial Taxes," authorising the Commissioner State Taxes to select a portion of quarterly claims for inspection with reports due to the Jurisdictional Assistant Commissioner/State Taxes Officer within seven days, and suspending processing of inspected claims until report receipt. Filing and processing timelines are revised, late filers prior to the notification may qualify if returns and taxes under section 39 are filed and paid, document requests must be answered within seven days, rectifications of apparent errors are allowed within six months, and an appellate route to the Additional Commissioner is prescribed.

State Taxes reimbursement procedure updated: inspection selection, submission timelines and appeal process revised for industrial units.
Amendments to the State Taxes reimbursement scheme require the Commissioner State Taxes to select a proportion of quarterly reimbursement claims for inspection, ensure each eligible unit is inspected at least once annually, and withhold processing of inspected claims until inspection reports are received. Submission deadlines and processing timelines are revised to the last day of the succeeding month and fifteen-day processing periods respectively. Claimants must supply requested clarifications or documents within seven days or face non-sanction of that portion. Rectification of apparent errors is limited and appeals to the Additional Commissioner are final.

Reimbursement claim processing now requires inspection reports before processing and tightened timelines, document calls, rectifications, and an appeal route.
Amendments replace "Commercial Taxes" with State Taxes and require selection of a quarter's proportion of reimbursement claims for inspection, with inspection reports delivered to jurisdictional officers within seven days and processing of selected claims withheld until those reports are received. Each eligible unit must be inspected at least once per financial year. Officers may request clarifications/documents by registered e-mail with a seven-day response period; rectification of sanction orders is limited to arithmetical and typographical errors within six months and past issues prior to this notification remain closed.

Direct listing on international exchanges enables Indian public companies to issue equity abroad subject to compliance and foreign holding limits.
The amendment permits Indian public companies to issue or existing shareholders to offer equity shares on specified International Exchanges under a Direct Listing Scheme, establishes "permissible holder" rules (excluding residents and requiring government approval where holders have connections to bordering countries), prescribes eligibility exclusions (debarred persons, wilful defaulters, entities under investigation, fugitive economic offenders), mandates compliance with Indian securities, depository, foreign exchange and AML laws, limits aggregate foreign holdings to Schedule I caps, requires voting by permissible holders or via custodians with instructions, and sets pricing norms aligned with domestic issuance or fair market value.

Listing of equity shares in permissible jurisdictions requires e-Form LEAP-1 prospectus filing and Indian Accounting Standards compliance.
Unlisted public companies without partly paid-up shares may issue equity shares for listing on stock exchanges in specified permissible jurisdictions, including offers for sale by existing shareholders, provided they comply with the Direct Listing Scheme, any securities regulator conditions, file a prospectus in e-Form LEAP-1 within seven days of finalising it with the permitted exchange, pay applicable fees, and prepare financial statements in accordance with Indian Accounting Standards in addition to any standards required by the relevant securities regulator or stock exchange.

New corporate income-tax ITR form ITR-6 introduced for companies, effective 1 April 2024, with comprehensive schedules.
Notification substitutes a new Form ITR-6 in Appendix-II of the Income-tax Rules, 1962, effective 1 April 2024, for companies other than those claiming exemption under section 11. The new ITR-6 is a comprehensive corporate return collecting corporate identification, residency and audit details, Ind AS compliance, and extensive schedules including balance sheet, profit & loss (with Ind AS variant), depreciation, capital gains, ICDS adjustments, MAT computations, loss carryforwards, foreign assets and income, GST, and related-party/shareholder disclosures to support tax computation and e filing.

Non-levy of customs duty on hearables imported under General Rules of Interpretation directed retroactively under customs power.
A direction under the Customs statute provides that hearable goods presented so as to attract the General Rules of Interpretation, imported between 1st February, 2022 and 27th April, 2023, shall not be required to pay whole customs duty or duty in excess of the amount chargeable at the standard rate specified in the relevant notification, reflecting the prevailing practice of non-levy during that period and following an amendment clarifying rate application when components are presented together.

Non-levy of customs duty on wearable imports presented as composite goods; duty need not be paid retrospectively.
The Central Government directs that customs duty, or any excess duty beyond the standard rate specified under the prior exemption framework for wearable goods, shall not be required to be paid for imports of such wearables presented in a manner invoking the General Rules of Interpretation on composite presentation, for the period commencing 1st February 2022 and ending 27th April 2023, in recognition of the administrative practice of non-collection during that period.

Special procedure for manufacturers of specified tobacco and pan masala requires machine registration and monthly production reporting.
Notification under section 148 mandates electronic registration of packing/filling machines for manufacturers of specified pan masala and tobacco products in FORM GST SRM-I, generation of a unique registration number for each machine, twenty-four hour reporting for additions, disposals or amendments, and upload of production-capacity declarations submitted to other agencies. Manufacturers must file a monthly production and input statement in FORM GST SRM-II by the tenth day following the month and upload a Chartered Engineer certificate in FORM GST SRM-III certifying machine particulars; detailed form fields and system computations are prescribed.

Rescission of GST notification withdraws prior administrative notification under statutory power, effective from the start of January.
The state government rescinds notification No. 44/GST-2 dated 29.08.2023 under the statutory power in the state GST Act, subject to a savings clause preserving acts done or omissions before rescission, and declares the rescission to be effective from the 1st day of January, 2024.

GST tariff amendment replaces specified tariff headings, changing state GST classification and taking effect from early January.
The notification substitutes Schedule I entries for serial numbers 165 and 165A with tariff headings "2711 12 00, 2711 13 00, 2711 19 10", modifying their GST classification and applicable state GST treatment; issued under the Haryana Goods and Services Tax Act, 2017, and effective from the fourth day of January, 2024.

Extension of limitation period for tax recovery and reversal of erroneous input tax credit grants additional time for specified prior years.
The State notification exercises statutory power to extend the time limit for issuance of orders for recovery of unpaid or short-paid tax and for reversal of wrongly availed or utilised input tax credit, partially modifying earlier departmental notifications. It specifies extended cut-off dates for two past financial years by which the tax administration may issue assessment or recovery orders, leaving substantive grounds for recovery and legal tests for input tax credit unchanged.

Anti dumping duty amendment updates tariff listings and clarifies exchange rate and CIF value computation under customs law.
Corrigendum removes tariff item '84798199' from specified locations, corrects the exporter name to "Jinan Oree Laser Equipment Co., Ltd.", and revises the Explanation to state that the applicable rate of exchange is the rate specified in the periodic customs notification with the relevant date as the bill of entry presentation date, and that "CIF value" means the assessable value as determined under the Customs Act.

Import price-threshold on Glufosinate Technical restricts low-value consignments; imports allowed above threshold under revised foreign trade policy conditions.
The import policy for Glufosinate Technical is amended to prohibit imports where the CIF valuation is below a prescribed threshold while permitting imports at or above that threshold, subject to the existing condition that the product be registered and not prohibited for import under the Insecticides Act. The amendment takes effect from 25.01.2024 and includes a one-year review clause for the price-linked condition.

Exemption under section 10(46): specified incomes of State Legal Service Authority Chandigarh exempted subject to non commercial and reporting conditions.
Notification confers exemption under section 10(46) to State Legal Service Authority Union Territory Chandigarh for specified income comprising grants from specified judicial and legal services authorities, grants or donations from central or relevant state governments for Legal Services Authorities Act purposes, amounts received under court orders, recruitment application fees, and interest on bank deposits.

Extension of tax exemption applicability under section 10(46) extends deemed coverage to specified financial years for prior notifications.
Amendment substitutes paragraph 3 in the listed income-tax notifications to deem those notifications applicable for financial years 2020-2021 through 2024-2025 (assessment years 2021-2022 through 2025-2026), and to deem a separate notification applicable for financial years 2020-2021 through 2022-2023 (assessment years 2021-2022 through 2023-2024); the explanatory memorandum states no person is adversely affected by retrospective effect.

Additional import duty imposed on specified precious metal imports, new entries set with specified duty rates and definition.
Amendment inserts three new tariff entries into Notification No. 11/2021 to impose additional import duty: entry 7112 for spent catalyst or ash containing precious metals, entry 7113 for "gold or silver findings" (defined as small components such as hook, clasp, clamp, pin, catch, screw back used to hold jewellery), and entry 7118 for coins of precious metals, each assigned the stated additional duty rates and placed after Sl. No. 15D in the customs tariff table.