GST classification updated: pencil sharpeners reclassified to a lower-rated schedule and excluded from a higher-rated schedule.
Amendment revises GST product classifications: it replaces the jaggery entry to include all types and pre-packaged labelled khandsari sugar and rab; inserts a new entry for pencil sharpeners in the intermediate-rated schedule (HS heading specified); and inserts an explicit exclusion of pencil sharpeners from the higher-rated schedule entry. The changes are effected under the Karnataka GST Act powers and come into force on the notified commencement date.

Tax notification amendment adds judicial bodies and tribunals to covered recipients, taking effect from March first.
The State GST notification amends the Explanation to clause (h) by substituting the words "and State Legislatures" with ", State Legislatures, Courts and Tribunals", thereby expressly including Courts and Tribunals within the enumerated category; the amendment is issued under the executive power conferred by sub-section (3) of section 9 of the State GST Act on the Council's recommendation and takes effect from 1 March 2023.

Classification of exam conducting agencies as educational institutions clarified, enabling GST treatment for entrance examination services.
The amendment clarifies that any authority, board or body set up by the Central or State Government, including the National Testing Agency, shall be treated as an educational institution for the limited purpose of providing services by way of conduct of entrance examinations for admission to educational institutions.

Reward for informants enabled from investor protection fund to incentivise original information leading to recoveries.
Regulation 5 is amended to allow payments from the Investor Protection and Education Fund as rewards to informants who provide original information that leads to recovery of amounts directed to be disgorged, with such rewards to be granted and paid under guidelines issued by the Board; the Fund's utilisation provisions are revised to permit use for restitution or reward linked to recoveries.

Governance reforms for depositories strengthen board composition, segregation of functions, and introduce enforcement and data sharing obligations.
Amendments expand the definition of key management personnel, replace "shareholder directors" with non-independent directors, and strengthen board composition by requiring collective expertise across capital markets, finance and accountancy, legal and regulatory practice, technology and risk management, including at least one public interest director with specified expertise. Functionally, depositories must segregate operations into Critical Operations, Regulatory/Compliance/Risk Management and Other Functions, adopt a "Chinese Wall" policy, appoint a chief risk officer, implement an Information and Data Sharing Policy, and adopt a unified Code of Conduct covering board members and key management. The Board's enforcement powers, disclosure, evaluation and nomination processes are correspondingly enhanced.

Corporate governance reforms mandate expanded codes of conduct, board composition standards and strengthened risk and compliance obligations.
The amendment broadens the definition of key management personnel, introduces a mandatory Code of Conduct for exchanges and clearing corporations and for their governing boards and key personnel, prescribes board composition and qualifications including public interest directors, requires segregation of functions into critical, regulatory and other verticals with a Chinese Wall policy, mandates appointment of a chief risk officer and grievance redressal panels, prescribes data sharing and disclosure frameworks, sets compensation norms with deferred variable pay and clawback, and expands the Board's enforcement and relaxation powers.

Special Economic Zone expansion for Footwear sector increases notified area under SEZ Act, adding land to existing SEZ.
Central Government notification under section 4(1) proviso of the SEZ Act and rule 8 of the SEZ Rules approves an addition of 34.8280 hectares to the Footwear sector SEZ at SIPCOT Industrial Growth Centre, Krishnagiri District, increasing the previously notified area of 59.40 hectares to a total of 94.2280 hectares, and specifies the survey numbers and parcel-wise hectare allocations for the added land.

GST schedule amendment: insertion of Rab other than pre-packaged and labelled changes taxable classification under state notification.
Amendment inserts "Rab, other than pre-packaged and labelled" into the Schedule against S. No. 94, Column (3) of the Nagaland GST notification, thereby altering the Schedule classification for that commodity. The State Government, acting under its GST statutory power and on the Council's recommendation, makes this targeted change to the prior notification and sets the amendment to take effect from the first day of March 2023.

GST rate changes: pencil sharpeners newly classified at specified rate; jaggery description updated and exclusions refined.
Amendment to the State GST notification revises schedule entries: it broadens the descriptive entry for jaggery and certain pre-packaged sugars to ensure their inclusion in the lower-rate schedule; inserts pencil sharpeners as a new entry in the intermediate-rate schedule; and amends a higher-rate schedule entry to exclude pencil sharpeners. The notification specifies its commencement date.

GST notification amendment adds Courts and Tribunals to the Explanation alongside State Legislatures, altering referenced institutional scope.
The State Government amends the earlier GST notification by substituting the words "State Legislatures" with "State Legislatures, Courts and Tribunals" in clause (h) of the Explanation, thereby adding Courts and Tribunals to the entities referenced in that provision; the amendment is made on the Council's recommendation and takes effect from the commencement date stated in the notification.

Educational institution classification clarified: authorities conducting entrance exams treated as educational institutions for GST purposes.
The notification inserts a clarification that any authority, board or body set up by the Central or State Government, including the National Testing Agency, conducting entrance examinations for admission to educational institutions shall be treated as an educational institution for the limited purpose of providing services by way of conducting such entrance examinations.

GST Schedule amendment: inclusion of Rab except pre-packaged and labelled, changing its classification and effective effect immediately.
An amendment adds the entry Rab, other than pre-packaged and labelled to the Schedule against S. No. 94, Column (3), thereby distinguishing unpackaged Rab from pre-packaged and labelled variants and modifying the Schedule's classification for supply or taxation purposes; the State Government enacted the change under its GST statutory powers on the Council's recommendation, effective 1st March, 2023.

GST classification change updates jaggery description and inserts pencil sharpeners, adjusting tariff treatment and exclusions.
Amendment modifies Schedule I to substitute the jaggery entry with an expanded description including all types of jaggery and pre-packaged Khandsari Sugar and Rab; inserts a new Schedule II entry classifying pencil sharpeners under the specified tariff heading; and amends Schedule III to exclude pencil sharpeners from the referenced entry. The amendments become effective on the first day of March, 2023.

Inclusion of Courts and Tribunals expands entities covered under Rajasthan GST notification, effective from March.
The State Government, invoking powers under sub-section (3) of section 9 of the Rajasthan Goods and Services Tax Act, 2017, amends the Explanation in clause (h) of the cited notification by substituting "and State Legislatures" with ", State Legislatures, Courts and Tribunals", thereby explicitly including Courts and Tribunals in the Explanation; the amendment is effective from the commencement date stated in the notification.

Educational institution definition expanded to include government testing authorities for entrance exam services, affecting GST treatment.
The amendment clarifies that, for GST purposes and for the limited purpose of providing services by way of conduct of entrance examinations for admission to educational institutions, any authority, board or body set up by the Central or State Government, including the National Testing Agency, shall be treated as an educational institution.

GST schedule amendment adds rab (unpackaged) to listed goods, altering its classification and tax applicability.
Amendment adds Rab, other than pre-packaged and labelled to the Schedule entry at Sl. No. 94 of Notification No. ERTS (T) 65/2017/2, expanding the list of goods covered by that Schedule entry. The insertion is made under the State GST statutory power on the recommendations of the Council and will come into force on the 1st day of March, 2023.

GST rate changes for specified food items and addition of pencil sharpeners to a taxable schedule take effect.
Amendment revises Meghalaya GST schedules by substituting the 2.5% Schedule I entry to list all types of jaggery and pre-packaged Khandsari sugar and Rab; inserting pencil sharpeners into Schedule II subject to 6%; and amending Schedule III's 9% entry to exclude pencil sharpeners. The changes take effect on the first day of March, 2023.

Scope of taxable persons expanded to include courts and tribunals under Meghalaya GST, effective from March.
The notification amends the Explanation to the prior Meghalaya GST notification by substituting the words "and State Legislatures" with ",State Legislatures, Courts and Tribunals" in clause (h), thereby explicitly including Courts and Tribunals among the entities covered; the amendment comes into force from 1 March 2023.

Educational institution classification clarified: government examination bodies treated as educational institutions for conducting entrance exam services.
Clarifies that authorities, boards or bodies set up by the Central or State Government to conduct entrance examinations for admission to educational institutions shall be treated as educational institutions solely for the purpose of providing services by way of conducting such entrance examinations, by insertion of clause (iva) into the Explanation to paragraph 3 of the cited notification.

GST exemption schedule adds unpackaged and unlabelled Rab to the relevant exempt supply entry from March 2023.
The GST exemption schedule in Notification No. 2/2017-State Tax (Rate) is amended to include Rab, other than when pre-packaged and labelled, under the relevant entry at Schedule Sl. No. 94. Issued under the State GST Act on the Council's recommendations, the amendment takes effect from 1 March 2023.