Exchange rate determination for customs conversions establishing separate import and export rates for listed foreign currencies.
Determination under the Customs Act sets specific exchange rates for conversion between Indian rupees and listed foreign currencies for customs valuation, effective from 18th March, 2022, superseding the prior notification; Schedule I provides per unit import and export rates and Schedule II provides rates per one hundred units for designated currencies.

GST rate revisions: amendments to State Tax (Rate) notification reclassify textile and related goods across revised State tax schedules.
The notification amends the State Tax (Rate) schedule classifications: it omits specified entries from Schedule I (2.5%) and Schedule III (9%), and restructures Schedule II (6%) by omitting certain serial numbers and inserting numerous new serial numbers with detailed tariff headings and commodity descriptions covering woven, knitted and crocheted fabrics, yarns, threads, staple and filament fibres, made-up textile articles and related goods. Several schedule descriptions are substituted and new serial entries for textile and furnishing articles are added. The notification takes effect on 1 January 2022.

GST threshold reduction for state registration narrows applicability, altering turnover criterion for taxpayer registration and compliance.
Under sub-rule(4) of rule 48 of the Himachal Pradesh Goods and Services Tax Rules, 2017, Notification No. 13/2020 State Tax is amended: in the first paragraph, with effect from the 1st day of April, 2022, the words "fifty crore rupess" are substituted by the words "twenty crore rupees", effecting a reduction in the turnover threshold governing the notification's applicability.

Investment concentration limits for Category III AIFs revised, with higher threshold for large-value accredited-investor funds.
Amendment substitutes clause (d) of sub-regulation (1) of regulation 15 to restrict Category III AIFs to a capped share of investable funds in any single Investee Company, by direct investment or through units of other AIFs, while permitting large value funds for accredited investors a higher allowable concentration; for listed equity the applicable cap may be calculated on either investable funds or the scheme's net asset value, subject to conditions specified by the Board.

Extension of exemption validity under Competition Act increases notification period by substituting five years with ten years.
The Central Government, exercising powers under clause (a) of section 54 of the Competition Act, amended the Ministry of Corporate Affairs notification S.O. 2039(E) dated 29 June 2017 by substituting the words "five years" with "ten years" to extend the temporal validity of the exemption, the amendment being declared in the public interest.

Commencement of GST amendment rules sets 1 January 2022 as the effective date for specified provisions.
The Uttar Pradesh Goods and Services Tax (Fifty Third Amendment) Rules, 2021 are brought into force in part from 1 January 2022. The notified operative provisions include sub-rule (2) of rule 2, rule 3, clause (i) of rule 8, and rule 9, which are deemed to have commenced from that date. The notification functions as a commencement order and fixes the effective date for the specified amendments under the Uttar Pradesh GST Rules, 2017.

Exemption from annual return filing for registered persons below specified turnover threshold for the 2020-21 financial year.
Registered persons with aggregate turnover up to the stated threshold in the 2020-21 financial year are exempted from furnishing the annual return for that year under the proviso to the return-filing provision of the Assam GST framework; the exemption is notified on the Council's recommendation and is deemed effective from 1 August 2021.

GST payment disclosure procedures expand Form DRC-03 to cover tax intimation, scrutiny, mismatches, and ledger-use particulars.
Rule 137 extends the period for retaining specified accounts and records from four years to five years. FORM GST DRC-03 is expanded to cover payments following tax intimation through FORM GST DRC-01A, scrutiny, inspection, and mismatches between return forms. Its payment table is replaced with a detailed format requiring tax-period, place-of-supply, payment-component, ledger-utilisation, and debit-entry particulars.

Amendment of customs notification replaces the table of show cause notices to record updated issuers and tribunal orders.
Amendment substitutes the existing table in Notification No. 18/2020 Customs (N.T./CAA/DRI) dated 03.03.2020 with a revised table listing two show cause notices, specifying each notice number and date, the addressees, the issuing officer or office, and the corresponding tribunal order cited alongside.

State GST rate amendment expands vehicle definitions and adds restaurant-service exclusion for high tariff hotel premises.
The notification amends State GST rate provisions by expanding transport category wording to include motor cycle, omnibus and any other motor vehicle; inserting a clause that brings within the notification supply of restaurant service other than those supplied by restaurants and eating joints located at specified premises; revising the Explanation to define motor cycle, motor vehicle and omnibus by reference to specified clauses of the Motor Vehicle Act; and defining specified premises as hotel accommodation units with a declared tariff above the prescribed per unit per day threshold.

Supply through electronic commerce operators excluded from government/entity references, altering applicability of state GST notification provisions.
The notification removes the phrase "or a Governmental authority or a Government Entity" from the Description of Services for serial numbers 3 and 3A, and inserts provisos to serial numbers 15 and 17 excluding application of specified items where services are supplied through an electronic commerce operator and notified under sub section (5) of Section 9 of the Central Goods and Services Tax Act; these amendments are effective from the first day of January, 2022.

GST notification amendment narrows recipient definition, removes specified conditions and adds a textile dyeing/printing exception.
The notification narrows recipient references in several service descriptions by substituting "Union territory or a local authority" for formulations that included governmental authorities and entities, and omits the Conditions applicable to items (iii), (vi), (vii), (ix) and (x). It also inserts an exception excluding services by way of dyeing or printing of textile and textile products from the clause referencing the Customs Tariff Act, 1975. These amendments are effective from 1 January 2022.

GST rate amendment deletes a Schedule entry and removes 'in respect of Information Technology software' from a listed item.
The notification amends the State GST rate schedules by omitting a specified entry in Schedule II and by deleting the words "in respect of Information Technology software" from column (3) of a specified entry in Schedule III, thereby removing the qualifying description that previously applied to that listed item.

E-invoicing threshold expanded for Uttar Pradesh GST taxpayers by lowering the turnover limit to twenty crore rupees.
E-invoicing under the Uttar Pradesh Goods and Services Tax Rules was extended to taxpayers having an aggregate turnover exceeding twenty crore rupees by amending the earlier notification that had applied the requirement to taxpayers above fifty crore rupees. The substituted threshold took effect from 1 April 2022 and operates as a further amendment made under rule 48(4) of the Uttar Pradesh GST Rules, 2017.

E invoicing threshold reduced, expanding mandatory applicability and increasing compliance obligations from the coming April effective date.
Amendment to the Haryana Excise and Taxation Department notification substitutes the previously specified higher turnover threshold with a lower turnover threshold for mandatory e invoicing under sub rule (4) of rule 48 of the Haryana GST Rules, expanding the class of taxable persons required to issue e invoices and taking effect from the first day of April of the stated year.

De-notification of SEZ land approved, reducing the notified area and conditioned on state approval and developer commitments.
Central Government de-notified 0.469 hectares of the Phoenix Tech Zone Private Limited IT/ITES Special Economic Zone at Nanakramguda, Telangana, under statutory powers and SEZ Rules, following the Development Commissioner's recommendation, resulting in a revised SEZ area of 5.78 hectares; the de-notified parcel is survey number 138(P).

SEZ membership change: new NSEZ Authority member added replacing previous nominee under the Special Economic Zones Act.
Amendment to a central Government notification under the Special Economic Zones Act substitutes Sl. No. 6 of S.O.1047(E) dated 12.03.2020 to include Sh. Amrit Lal Manwani, Chairman & Managing Director, M/s Sahasra Electronic Solutions Ltd. (unit-2) as a member of the NSEZ Authority, effected by S.O. 1161(E) dated 15-03-2022 with file reference F. No. A.43/1/2021-SEZ.

Tax threshold reduction for state GST lowers turnover limit for registration applicability, changing the prior higher threshold.
Amendment replaces the higher monetary threshold in the first paragraph of Notification No. 441 F.T. (dated 3 April 2020) with a lower monetary threshold, effective from the stated commencement date, made under sub rule (4) of rule 48 of the West Bengal Goods and Services Tax Rules, 2017, thereby altering the aggregate turnover limit for state GST applicability.

Tariff value fixation: new customs tariff values for specified edible oils, metals and areca nut come into effect.
The Central Board of Indirect Taxes and Customs, under section 14(2) of the Customs Act, 1962, substitutes TABLE-1, TABLE-2 and TABLE-3 in the principal tariff-value notification to fix tariff values for specified imported goods: TABLE-1 for edible oils and brass scrap per metric tonne; TABLE-2 for gold and silver in specified forms with qualifying explanations; and TABLE-3 preserving the tariff value for areca nut. The amendment applies where notification benefits are availed and takes effect from the stated date.

Delegation of investigative powers under DGST Act: Proper Officer authorised for specified taxpayer; jurisdictional officer barred temporarily.
Commissioner of State Tax authorises a named Proper Officer to exercise specified enforcement and investigatory powers under the Delhi Goods and Services Tax Act, 2017 in relation to a named taxpayer, while expressly restraining the jurisdictional Proper Officer from exercising those powers for the same taxpayer for a time limited period of 120 days or until further orders.