Exemption of Aviation Turbine Fuel from Special Additional Excise Duty; exports excluded; effective from notified date.
Exempts Aviation Turbine Fuel under Heading 2710 from the whole of the Special Additional Excise Duty leviable under section 147 of the Finance Act, 2002 by exercising powers under section 5A of the Central Excise Act, 1944; does not apply to goods cleared for export; notification commenced from its notified date and is noted as later rescinded in the document.

Excise duty exemption for exported fuel removes basic excise and cess on petrol, diesel and ATF for exports.
Exempts Basic Excise Duty and Agricultural Infrastructure Development Cess on motor spirit (petrol), high speed diesel and aviation turbine fuel where such goods are cleared for export or supplied as fuel to foreign going aircraft; defines the cited duties and "export" by reference to the Central Excise Act and Finance Acts, and makes the exemption effective from 1 July 2022.

Special Additional Excise Duty exemption for incremental crude production permits duty-free output exceeding prior year production.
Exempts Special Additional Excise Duty on crude petroleum (heading 2709) produced by a person in excess of that person's production in the preceding Financial Year; for 2022-23 the duty does not apply to the quantity produced immediately after exceeding prior-year production. The exemption came into force on the first day of July and was subsequently rescinded by a later notification.

Special Additional Excise Duty exemption for crude petroleum where production is below a specified annual threshold, with commencement noted.
Exempts crude petroleum under heading 2709 from the whole of the Special Additional Excise Duty leviable under the Finance Act when produced by a person whose annual production in the preceding financial year was below the notified production threshold; specifies statutory bases, commencement date, and later rescission by a subsequent notification.

Special Additional Excise Duty imposed on crude oil and aviation turbine fuel, amending the Eighth Schedule effective early July.
The Central Government amended the Eighth Schedule to the Finance Act to prescribe a Special Additional Excise Duty on Petroleum crude and Aviation Turbine Fuel by inserting new Schedule entries that set specified rates for each product; the amendment was made effective from 1 July 2022 and the notification was subsequently rescinded by a later central excise notification.

Exemption on Special Additional Excise Duty: petrol and diesel cleared for export exempted beyond prescribed rates.
The notification, issued under section 5A of the Central Excise Act read with section 147 of the Finance Act, exempts specified excisable goods in Chapter 2710-motor spirit (petrol) and high speed diesel oil-when cleared for export, by remitting that part of the Special Additional Excise Duty which is in excess of the rate specified in the Table. It distinguishes exports to Bhutan from exports to other countries, prescribes the effective rate for the exemption, and states commencement from 1 July 2022, with subsequent substitutionary notes and later rescission recorded.

Exemption for exports: amendment excludes goods cleared for export from the notification, narrowing its application.
Inserts a provision excluding exported goods from the operation of the principal central excise notification by providing that nothing in the notification shall apply to goods cleared for export, and includes a commencement provision specifying when the amendment takes effect.

Exclusion of fuels: petrol, diesel and aviation turbine fuel no longer covered by Rules eighteen and nineteen.
Amendment inserts provisos into specified Central Excise rules providing that nothing in those rules shall apply to motor spirit (petrol), high speed diesel oil and aviation turbine fuel, thereby excluding these fuels from the application of the listed rule provisions; the amendment is effected by a notification under statutory authority with an accompanying commencement provision.

IFSC banking offices gain defined roles for administrative support, product marketing, data collection and outreach under specified conditions.
The amendments redefine a Banking Unit as a licensed financial institution undertaking permissible activities and introduce Global Administrative Offices and Representative Offices in IFSCs. A Global Administrative Office may coordinate operations or provide support services to a Parent Bank and its Group entities, subject to relevant foreign regulatory directions for activities outside the IFSC. A Representative Office may market financial products, collect data and conduct outreach operations. Parent Banks may establish these offices through a suitable mechanism subject to specified conditions.

Delegation of powers to Joint Commissioners for implementing time extension provisions under rule 96A(1), subject to conditions.
The Commissioner delegates to all Joint Commissioners of State Tax the powers and duties to carry out the purposes of clause (a) and clause (b) of sub rule (1) of rule 96A of the Maharashtra GST Rules, 2017, under sections 5(1) and 5(3) of the Maharashtra GST Act; the delegated powers remain subject to conditions and restrictions that the Commissioner may impose from time to time.

Exchange rate revision: Swiss franc customs rate amended, affecting import and export valuation for clearance and duty computation.
Amendment substitutes the Serial No.17 entry in Schedule I of Notification No.51/2022 CUSTOMS (N.T.) to revise the Swiss franc exchange rate table, specifying distinct rupee equivalents for imported goods and for exported goods; the Central Board issues this change under the Customs Act, to take effect on 30 June 2022 for customs valuation and related purposes.

Appellate authority for advance ruling constituted for GST; membership specified, including chief commissioners of central and state tax.
The State Government constitutes the Tripura Appellate Authority for Advance Ruling for Goods and Services Tax, specifying its membership as the Chief Commissioner of Central Tax and the Chief Commissioner of State Tax, and supersedes the earlier notification while fixing an operative commencement date.

International tax jurisdiction allocation expanded to centralise Delhi Chief Commissioner oversight of international and transfer pricing commissioners.
The notification designates a Chief Commissioner of Income-tax (International Taxation), Delhi and inserts a new serial allocating headquarters at Delhi with jurisdiction over specified Commissioner posts: three Commissioners (International Taxation) in Delhi, three Commissioners (Transfer Pricing) in Delhi, and one Commissioner (International Taxation and Transfer Pricing) in Kolkata; the amendment substitutes prior entries in Notification No. 54/2014 and becomes effective on publication in the Official Gazette.

Jurisdiction of Income tax authorities revised: headquarters assignments for Delhi and Mumbai redefined under section 120.
The notification, issued under section 120 of the Income-tax Act, substitutes Schedule-II of Notification No.70/2014 to reallocate Chief Commissioner (Central) headquarters and specify the Principal Commissioner/Commissioner of Income-tax (Central) postings for Delhi and Mumbai. The revised schedule lists the headquarters-to-posting mapping and takes effect from publication in the Official Gazette, with noted corrigenda adjusting specific Mumbai entries.

Arm's length price tolerance treats actual transaction price as ALP where deviation falls within prescribed limits for trading.
Where the difference between the arm's length price under section 92C and the actual transaction price does not exceed prescribed tolerance limits, the actual transaction price shall be deemed to be the arm's length price for the specified assessment period; a narrower tolerance applies to wholesale trading, which is defined by purchase-cost and average-monthly-closing-inventory conditions.

Exchange rate amendment for Turkish Lira updates customs valuation rules, altering import and export conversion rates.
The Central Board of Indirect Taxes and Customs, under section 14 of the Customs Act, 1962, substitutes serial No.18 in Schedule I of Notification No.51/2022 CUSTOMS (N.T.) to prescribe the rate of exchange of one unit of Turkish Lira equivalent to Indian rupees for imported goods and for exported goods, with the substitution taking effect from 29th June, 2022.

Interest waiver for e commerce operators: nil interest where GSTR 8 could not be filed due to portal glitch after tax deposit.
Notification under the Haryana GST Act sets the rate of interest to Nil for specified electronic commerce operators who, due to a portal technical glitch, could not file FORM GSTR 8 by the due date but had deposited the tax collected in the electronic cash ledger; the nil interest applies from the date of deposit until the date of filing the statement under sub section (4) of section 52.

Special Economic Zone area notification: additional land integrated into SEZ following statutory approval, increasing total notified area.
The Central Government, under the second proviso to sub section (1) of section 4 of the Special Economic Zones Act, 2005 and rule 8 of the SEZ Rules, 2006, notifies addition of 1.5642 hectares to the IT/ITES sector SEZ of M/s. Persipina Developers Pvt. Ltd., listing eleven survey parcels in Village Bhokarpada that together total 1.5642 hectares and making the SEZ's total notified area 6.6042 hectares.

Special Economic Zone expansion approved, additional land notified increasing SEZ area under statutory powers and rules.
The Central Government has notified an additional area of 31.96 hectares to be included in the sector specific Special Economic Zone for Light Engineering Goods and Services at Banapur and Talbal Villages, Kukanur Taluka, Koppal District, Karnataka, following a proposal by M/s. Aequs SEZ Private Limited and prior approval, thereby increasing the total SEZ area to 84.04 hectares; the notification lists the specific survey numbers and parcel areas comprising the addition.

Concessional tax rate for brick supplies permitted where suppliers do not claim input tax credit or properly reverse it.
Intrastate supplies of specified bricks, blocks and roofing tiles are chargeable to state tax only up to a concessional 3% rate where the supplier has not availed input tax credit on goods or services used exclusively for those supplies, and where partial credits were availed they are reversed as if the supplies were exempt in accordance with subsection (2) of section 17 of the Central GST Act and related rules.