Specified person status under section 10(23FE) grants CPPIB Credit Investments VI Inc tax exemption subject to compliance.
CPPIB Credit Investments VI Inc. is specified as the specified person under clause (23FE) of section 10, subject to conditions: timely filing of returns; certificate in Form No. 10BBC; quarterly investment intimation in Form No. 10BBB; maintenance of segmented accounts; continued regulation under Canadian law; administering assets for statutory retirement or similar plans; exclusive use of earnings and assets for beneficiaries; no borrowings to make investments in India; and no participation in investee day-to-day operations.

Specified income exemption ensures license and application fees plus related interest are exempt subject to compliance.
The Central Government notifies the Odisha Electricity Regulatory Commission for exemption of specified income comprising license fee, application processing fee, and interest on Government grants and those receipts, subject to conditions that the Commission shall not engage in commercial activity, the activities and nature of specified income remain unchanged, and the Commission files returns as required; the notification is applied retrospectively to the indicated financial year and to subsequent specified financial years.

Exchange rate determination sets prescribed conversion rates for specified foreign currencies for import and export valuation.
The Central Board of Indirect Taxes and Customs, under section 14 of the Customs Act, 1962, determines that the rupee conversion rates specified in Schedule I and Schedule II shall, with effect from 22nd July, 2022, be the rates for converting each listed foreign currency into Indian rupees (and vice versa) for purposes relating to imported and export goods; Schedule I provides per unit rates and Schedule II provides rates per 100 units, each with separate import and export columns.

GST limitation extension for tax recovery and refund claims, with exclusion of the pandemic period from computation.
The notification extended the time limit for passing orders under section 73 for recovery of tax not paid or short paid, or input tax credit wrongly availed or utilised, for the 2017-18 tax period up to 30 September 2023. It also excluded the period from 1 March 2020 to 28 February 2022 for computing limitation for recovery of erroneous refund and for filing refund applications under section 54 or section 55, and was deemed effective from 1 March 2020.

Late fee waiver for delayed GSTR-4 filing extended by substituting the compliance date under the state GST notification.
Late fee waiver for delayed filing of GSTR-4 under the Uttar Pradesh Goods and Services Tax framework was extended by amending the earlier notification issued under section 128 of the Uttar Pradesh Goods and Services Tax Act, 2017. The amendment substituted the compliance date in the fifth proviso, replacing 30 June 2022 with 28 July 2022, thereby extending the period linked to the waiver arrangement for the relevant return filing.

GST composition compliance deadline extended for filing FORM GST CMP-08 for the June quarter.
The notification extends the time for specified persons to furnish the statement of self-assessed tax in FORM GST CMP-08 for the quarter ending 30 June 2022 until 31 July 2022. It amends the earlier composition-scheme notification under section 148 of the Uttar Pradesh Goods and Services Tax Act, 2017 by inserting an additional proviso, and is deemed to have come into force on 5 July 2022.

Odisha GST amendments introduce UPI/IMPS payments, inter-ledger transfers, re credit of erroneous refunds, and revised refund and interest rules.
The Odisha GST Rules amendments deem suspension revoked upon furnishing pending returns, include Duty Credit Scrips valuation, require a declaration where turnover-exceeding taxpayers need not issue certain invoices, permit UPI/IMPS payments and inter-ledger transfers subject to no unpaid liabilities, and provide for re credit of erroneous refund deposits to the electronic credit ledger by order in FORM GST PMT-03A; they also amend refund verification, export (including electricity) refund documentation, interest calculation on delayed tax and wrongly availed input tax credit, and revise multiple GST return and payment forms and fields.

Limitation period extension for GST: issuance of recovery orders and refund claim timelines extended with retrospective effect.
Extends the time limit for issuance of orders for recovery of tax not paid or short paid or of input tax credit wrongly availed or utilized for the 2017-18 tax period to a later specified date; excludes the period from the pandemic onset to the end of the defined recovery period from computation of limitation for issuance of orders for recovery of erroneous refunds; excludes the same period for computation of limitation for filing refund applications under the Act; and declares the notification effective retrospectively from the start of the excluded period.

Late fee waiver for GSTR-4 filing extended, preserving waiver eligibility by moving the statutory deadline to a later date.
The Taxation Department amends the sixth proviso of its earlier notification to substitute the figures, letters and words "30th day of June, 2022" with the figures, letters and words "28th day of July, 2022", thereby extending the waiver of late fee for delay in filing Form GSTR-4 for FY 2021-22.

Annual return exemption for small taxpayers removes annual GST filing obligation for eligible registrants under state law.
Exempts registered persons whose aggregate turnover in the specified financial year does not exceed the prescribed small-turnover threshold from the statutory obligation to furnish the annual GST return for that year, issued under the proviso to section 44 of the Mizoram Goods and Services Tax Act, 2017, as a state-level compliance relief.

Extension of limitation period for issuance of tax recovery orders and refund filings; pandemic period excluded from limitation computation.
The Government extends the time limit for issuance of orders for recovery of unpaid or short paid tax and wrongly availed input tax credit for the 2017-18 tax period up to 30 September 2023; and excludes the period from 1 March 2020 to 28 February 2022 from computation of limitation for issuing recovery orders relating to erroneous refunds and for filing refund applications. The amendment is effective from 1 March 2020 and modifies earlier state notifications.

GST rule amendments expand payment modes, tighten refund verification, and specify interest calculation and re credit procedures.
Amendments to the Puducherry GST Rules revise procedural, payment, refund, invoice and interest rules: suspension of registration is deemed revoked upon furnishing pending returns; Duty Credit Scrips are included in valuation; taxpayers issuing invoices outside specified regimes must file a declaration; erroneous refunds repaid are to be re credited to the electronic credit ledger by order in FORM GST PMT 03A; UPI and IMPS are added as payment modes; interest calculation on delayed tax and wrongly availed input tax credit is specified; refund processes for exports, including electricity, and return and form templates are adjusted.

Limitation period suspension for GST assessments and refunds pauses timelines and extends time for recovery and refund filings.
Extends time limits for issuance of orders for recovery of tax and irregular input tax credit and excludes a specified interval from computation of limitation for issuance of recovery orders relating to erroneous refunds and for filing refund applications, thereby pausing the running of statutory limitation periods and modifying earlier notifications; the measures take effect from the commencement of the excluded interval.

Notification amendment substitutes the prescribed deadline with a later date and specifies an earlier effective commencement.
The amendment substitutes the previously prescribed cutoff date "30th day of June, 2022" with "28th day of July, 2022" in the cited notification and states that this amendment shall be deemed to have come into force with effect from the 5th day of July, 2022.

GST compliance requirement: specified taxpayers must file a self-assessed tax statement in FORM GST CMP-08 by the prescribed deadline.
Amendment inserts a proviso requiring specified persons to furnish a statement of payment of self-assessed tax in FORM GST CMP-08 for the quarter ending June 2022 by the July 2022 deadline; the amendment is effective retrospectively from early July 2022, thereby making the filing obligation applicable from that date.

Extension of limitation period for tax recovery and exclusion of pandemic period from refund limitation computations.
The State Government extends the time limit for issuance of orders for recovery of unpaid or short-paid tax and wrongly availed input tax credit for the 2017-18 tax period, and excludes the period from March 1, 2020 to February 28, 2022 from the computation of limitation for issuance of orders for recovery of erroneous refunds and for filing refund applications, with effect from March 1, 2020.

Customs advance-ruling procedure adopts online filing, flexible hearings, statutory service, withdrawal before ruling, and commercial confidentiality protection.
Customs advance-ruling procedure is revised to provide for online filing through a common portal and online fee payment, with an interim quadruplicate application and demand-draft process until that system is operational. Hearings may occur at a place fixed by the Authority or through a medium considered appropriate on request. Service of notices and documents is governed by the Customs Act. Applicants may withdraw an application before pronouncement of an advance ruling, and the Authority may protect commercially confidential information on request. Form CAAR-1 requires only one jurisdictional customs commissioner to be identified.

Tariff rate quota import eligibility via IIBX: requires nominated agency IEC and GSTIN of the jewellery manufacturer.
The notification permits TRQ holders to import gold through the India International Bullion Exchange under the TRQ mechanism by substituting Condition No. 2: the IEC in the TRQ must be that of nominated agencies notified by RBI, DGFT, or IFSCA (for qualified jewellers via IIBX), and TRQ authorizations must include the GSTIN of the jewellery manufacturer. Imports must follow the Customs (Import of Goods at Concessional Rate of Duty) Rules, 2017.

Import prohibition of human embryos now anchored to assisted reproductive technology and surrogacy regulation, restricting cross-border importation.
Importation of human embryos under ITC(HS) 05119999 is declared Prohibited; the prior research-based exception under Department of Health Research guidelines is withdrawn and imports are now barred in accordance with the Assisted Reproductive Technology (Regulation) Act, 2021 and the Surrogacy (Regulation) Act, 2021, pursuant to powers exercised under the Foreign Trade (D&R) Act and the Foreign Trade Policy.

Delegation of powers allows chief commissioners to transfer post cutoff appeals to Commissioners (Appeals) under excise and service tax rules.
Principal Chief Commissioners and Chief Commissioners of Central Excise and Service Tax are authorised to exercise CBIC powers under rule 3 of the Central Excise Rules, 2017 and rule 3 of the Service Tax Rules, 1994 to transfer appeals filed after 30th June 2017 within their jurisdiction to the Commissioner (Appeals) for matters under the Central Excise Act, 1944 or the Finance Act, 1994; the delegation is effected by Notification No. 03/2022 and comes into force on publication in the Official Gazette.