GST rate amendment updates commodity descriptions and reallocates items across state tax schedules effective at year start.
Notification substitutes descriptive entries in the State GST rate schedules: Schedule I (2.5%) amends ethyl alcohol for blending supplied to oil marketing companies or petroleum refineries and specifies bran, sharps and other cereal/legume residues with stated exclusions; Schedule II (6%) clarifies fruit pulp/juice-based drinks excluding carbonated fruit beverages and adds mathematical/geometry/colour boxes; Schedule III (9%) amends denatured ethyl alcohol entries to exclude alcohol supplied for blending with motor spirit. The amendments take effect from the first day of January, 2023.

Tariff value fixation for specified edible oils, metals and areca nut updates customs import valuation from mid-January.
The Central Board of Indirect Taxes & Customs, exercising powers under section 14(2) of the Customs Act, 1962, substitutes TABLE-1, TABLE-2 and TABLE-3 of the principal Customs (N.T.) notification to fix tariff values (US$ per metric tonne or per unit) for specified goods-including various palm and soybean oils, brass scrap, areca nut, and specified forms of gold and silver-and declares the amendment effective from 14 January 2023.

Customs duty exemption for COVID-19 vaccine imports by government enables duty-free importation for public health response.
Notification exempts imports of COVID-19 vaccines from the whole of basic customs duty when imported into India by the Central Government or State Governments, covering goods under Chapter 30 classified as COVID-19 vaccines and justified on public interest grounds; the measure is temporally limited and applies only to imports effected by the specified government entities.

Appointed actuary governance requires qualified independent professionals to oversee insurance solvency, reserves, pricing, reporting, and regulatory compliance.
Appointed actuary governance for IIOs requires the Board to appoint a qualified, independent Fellow actuary with a valid practising certificate, relevant post-fellowship insurance experience, and no misconduct, conflicting role, or concurrent appointment. The appointed actuary has access to relevant records, advises on products, pricing, investments and reinsurance, monitors solvency and reserves, certifies valuations and returns, and reports legal or regulatory non-compliance directly to the Authority. IIOs must provide resources, preserve direct reporting, and notify the Authority of appointments or changes.

Insurance premium payment rules permit specified payment methods and conditional risk assumption while requiring contractual terms and credit-risk controls.
IIOs may receive insurance premium through recognised banking and electronic instruments, bank guarantees, cash deposits, or other specified methods. Risk may be assumed, continued or terminated where premium is received, guaranteed, supported by an advance deposit, or governed by contractual or specified terms. Insurance contracts must state premium schedules, grace periods, consequences of non-payment, revival conditions, risk commencement and termination, and any premium payment warranty clause. Premium refunds must be paid directly to insured persons, while IIOs must maintain Board-approved credit-risk mitigation policies.

Insurance record maintenance requires secure Indian data storage, annual policy review, employee records, and production for regulatory investigation.
IIOs and IIIOs must maintain and produce records, information, documents, books, and registers for investigation and inspection. IIOs require Board-approved policies addressing electronic record maintenance, data security, cybersecurity, backups, business continuity, archival, and oversight, with policy, claims, and reinsurance records held in Indian data centres. Records must be reconciled with audited financials where relevant, retained for at least seven years or longer where legally required, and made accessible to authorised personnel. Officers and outsourced service providers must produce material in their custody when required.

Insurance product governance requires internal approval, actuarial pricing, target-market testing, unique identifiers, and policyholder safeguards.
IIOs conducting direct insurance business must operate under a board-approved Product Oversight and Governance Policy covering product design, approval, review, distribution and corrective action. Products must suit the needs, characteristics and objectives of target prospects, with rates, terms and conditions justified and certified by a qualified actuary. IIOs must test products, manage intermediary-related conflicts, retain approval records and submit product information when required. Non-conforming or policyholder-adverse products may be suspended, modified or withdrawn, and their marketing must then cease.

GST rules amendment expands Aadhaar authentication, input tax credit reversal, and outward supply mismatch controls for registration and returns.
Amends the Andhra Pradesh Goods and Services Tax Rules, 2017 to revise registration procedures, Aadhaar authentication, credit reversal, outward supply mismatch intimation, refund documentation, appeal filing and withdrawal, and e-commerce reporting requirements. The changes introduce biometric-based Aadhaar authentication and document verification for specified registration applicants, extend physical verification provisions, and update cancellation forms. They also add mechanisms for reversal and re-availment of input tax credit, recovery of differential tax liabilities, revised invoice particulars for certain taxable services, expanded refund requirements for unregistered persons, and substantial restructuring of FORM GSTR-1 and related forms and tables.

Exemption scope clarified for renting of residential dwelling by proprietors; separate entry removed with retrospective effect.
The amendment inserts an explanation clarifying that the exemption for renting of residential dwelling applies where the registered person is a proprietor who rents the dwelling in his personal capacity for use as his own residence, and where the renting is on his own account and not that of the proprietorship concern. The amendment also omits entry 23A and provides that these changes are deemed to have come into force from the first day of January, 2023.

Amendment to GST notification: reclassification of certain essential oils expands scope to registered and unregistered persons.
Amendment substitutes Table entry 3A to list specified HS tariff codes and to enumerate essential oils other than citrus-peppermint and certain other mints-and stipulates applicability to any unregistered person and any registered person; the notification is deemed effective from January 1, 2023 and is made under the powers of sub section (3) of section 9 of the Haryana GST Act.

GST schedule amendment reclassifies animal and poultry feeds and adds pulse husk entries, altering taxable classification under SGST.
The notification substitutes the Schedule entry at serial number 102 to specify aquatic, poultry and cattle feeds and related items including grass, hay, supplements, wheat bran and de oiled cake (other than rice bran), and inserts a new serial 102C covering husk of pulses including Chilka and concentrates such as chuni/churi and Khanda, thereby amending tariff classifications under the SGST schedule and declaring the amendment operative from the notification's commencement date.

GST rate amendment: specified goods reclassified and schedule entries revised, changing tax treatment effective from start of year.
Amendment substitutes specified product descriptions in Haryana GST schedules to clarify treatment of ethyl alcohol supplied for blending with motor spirit, other denatured spirits, certain cereal and legume residues and concentrates, fruit pulp or fruit juice based drinks (distinguished from carbonated fruit beverages), and school stationery items; these substituted entries alter classification-based GST incidence across the applicable schedules and are declared effective retrospectively from the start of the year.

Senior management definition added to ICDR regulations, expanding disclosure obligations to key managerial personnel and senior management.
The amendment adds a defined concept of senior management to the ICDR Regulations-covering core management team members one level below top executives, functional heads, Company Secretary and CFO-and revises the Companies Act-based definition of key managerial personnel. It inserts "senior management" alongside "key managerial personnel" across regulation 2, regulation 163, and multiple items in Schedule VI (Parts A, B, B-1) and Schedule VIII, thereby broadening disclosure, management and organisational-structure references in offer-document and issuer reporting requirements.

GST rules amendment redefines Authority functions, substitutes duty language, and omits multiple procedural rules with retrospective effect.
The Fourth Amendment Rules, 2022 (effective 1 December 2022) omit rule 122, rules 124 and 125, rule 134 and rule 137; amend rule 127 by replacing the marginal heading "Duties" with "Functions" and substituting the duty phrasing with language that the Authority "shall discharge the following functions"; and substitute clause (a) in the Explanation after rule 137 to define "Authority" as the Authority notified under subsection (2) of section 171 of the Act.

Customs valuation assistance: designated checks and declaration requirements for goods suspected of undervaluation under automated procedures.
The Rules create a process for identifying imported goods suspected of undervaluation through written references and internal review, using a Screening Committee for preliminary scrutiny and an Evaluation Committee for detailed data-driven examination. Where undervaluation is likely, the Evaluation Committee's report shall specify identified goods with 8-digit HS codes, brands, a precautionary unit value, the Unique Quantity Code, technical specifications to be declared, additional importer obligations and checks, and an initial one-to-two year validity; the Board may then issue an Order implemented via the Customs Automated System and subject to periodic review and specified exceptions.

Assignment of tax functions: Superintendent of State Tax designated to exercise specified GST investigatory and procedural powers from January.
The Superintendent of State Tax is assigned specific administrative and procedural GST functions under the Assam Goods and Services Tax Act and Rules, modifying a prior order and subject to prescribed limitations; the assignment includes investigatory and procedural powers under the identified Act provision and Rule sub rules and is effective from the first day of January.

Exemption for residential renting to proprietor clarified; conditions and scope defined and a related entry omitted effective retroactively.
The notification inserts an explanation limiting the residential dwelling rental exemption to situations where a registered person, being the proprietor of a proprietorship concern, rents the dwelling in his personal capacity for use as his own residence and the renting is on his own account and not that of the proprietorship concern; additionally, S. No. 23A and related entries are omitted, with the amendments made effective from the stated date.

GST amendment substitutes essential oils tariff entries, adjusting applicability to registered and unregistered persons under state notification.
The State GST notification substitutes table entry 3A to revise tariff classifications and to list specified essential oils other than citrus, naming peppermint and certain other mints; the substitution applies to both unregistered and registered persons and is declared effective from the first day of January, 2023.

GST schedule amendment revises feed and pulse husk classifications, altering entries and adding a new tariff heading.
Amendment revises Schedule entries: substituting S. No. 102 to list aquatic feed (including shrimp and prawn feed), poultry feed, cattle feed and related items (grass, hay, straw, supplements, additives, wheat bran and de-oiled cake [other than rice bran]); and inserting S. No. 102C to classify under tariff headings 2302 and 2309: Husk of pulses including Chilka, Concentrates including chuni or churi, Khanda. The amendment is effective from 1 January 2023.

GST rate amendments: specified substitutions for ethyl alcohol, cereal residues, beverages and stationery entries take effect from January.
The State Government, under sections 9(1) and 15(5) of the Madhya Pradesh GST Act, amends the departmental notification of 29 June 2017 effective 1 January 2023 by substituting tariff descriptions in three Schedules: (i) Schedule I recasts ethyl alcohol as supplies to Oil Marketing Companies or refineries for blending and redefines bran and cereals residues with explicit exclusions for certain animal and poultry feeds; (ii) Schedule II narrows fruit pulp/juice based drinks to exclude carbonated beverages and adds mathematical/geometry/colour boxes; (iii) Schedule III excludes ethyl alcohol supplied to Oil Marketing Companies or refineries from the denatured alcohol entry.