Late fee waiver for delayed annual returns and reconciliation statements permits relief where GSTR-9C filed subsequently by the specified deadline.
Waiver of late fee is available for registered persons who failed to furnish FORM GSTR-9C with FORM GSTR-9 but subsequently file FORM GSTR-9C by the prescribed final date; the waiver removes late fees in excess of those payable up to the date of filing FORM GSTR-9, while expressly providing that no refund will be made of late fees already paid for delayed furnishing of FORM GSTR-9C.

Cost Inflation Index updated to include the new fiscal year value, effective from April and applicable to subsequent assessment years.
Amendment inserts a new entry for the Cost Inflation Index for the fiscal year 2025-26 into the Table linked to the Explanation to section 48 of the Income-tax Act, updating the index used to compute indexed cost of acquisition for capital gains; the change is made under clause (v) of the Explanation and takes effect from the first day of April, applying to the subsequent assessment year and thereafter.

Composition levy exclusion: suppliers of specified actionable claims now disqualified from composition regime under GST amendment.
The notification amends Notification No. 66/2017-State Tax to insert that the phrase "composition levy under section 10 of the said Act" shall not apply to a registered person making supply of specified actionable claims as defined in clause (102A) of section 2 of the Act, effective from 1st October, 2023.

Appointment of Common Adjudicating Authority for adjudication of provisional assessment show cause notices against M/s MB Crusher.
The Central Board of Indirect Taxes and Customs, invoking provisions of the Customs Act, appoints officers listed in the Table as Common Adjudicating Authority to exercise the powers and discharge duties of the originally named adjudicating authorities for the specified show cause notices against M/s MB Crusher India Pvt. Ltd., limited to adjudication of the listed provisional assessment notices.

Tariff value fixation updated for edible oils, brass scrap, areca nut, gold and silver, effective July.
The notification substitutes Tables 1-3 of the principal non-tariff notification to prescribe US dollar tariff values for specified imported goods, including various edible oils, brass scrap, areca nut, and specified forms of gold and silver, and clarifies scope and exclusions for precious metal entries; the amendment is made under the Customs Act and is effective from 1 July 2025.

Exemption from Additional Duty extends to Air Canada for imports from Canada under amended customs notification effective July 2025.
Amends Notification No. 130/2010-Customs by inserting, in the TABLE, a new entry adding Canada as the source country and Air Canada as the designated airline eligible for exemption from additional duty on specified goods imported from specified countries under the terms of the principal notification.

Exclusion for metal scrap suppliers from notification applies, altering applicability of prior State Tax notification.
A proviso excludes persons engaged in the supply of metal scrap-as classified in the Customs Tariff metal chapters-from the scope of Notification No. 5/2017 State Tax, thereby removing those supplies from the notification's applicability; the amendment is made under statutory power and specifies its commencement date.

Minimum Import Price on soda ash imports extended, maintaining a per tonne floor and continued import controls.
Extension of Minimum Import Price (MIP) condition for imports of Disodium Carbonate (Soda Ash) under Chapter 28 of ITC (HS) 2022 applies to three specified HS codes; the Central Government continues the MIP mechanism and sets the operative per metric tonne floor price for the defined extension period by official notification.

Quantitative restriction on Low Ash Metallurgical Coke imports extended, maintaining country-wise import quotas under existing trade policy.
Continuation of Quantitative Restriction on imports of Low Ash Metallurgical Coke under Chapter 27 of ITC (HS) 2022 Schedule I: the Central Government extends the existing country-wise quantitative import limits for the specified HS codes for a further period from 01.07.2025 to 31.12.2025, maintains all prior terms and conditions, and provides country allocations that will cease automatically on 31.12.2025.

Specified actionable claim classification expands to include betting, gambling and online money gaming, changing GST rate schedule applicability.
Amendment inserts S. No. 227A in Schedule IV to classify specified actionable claim as encompassing betting, casinos, gambling, horse racing, lottery and online money gaming, omits S. Nos. 228 and 229, and adds an Explanation clause adopting statutory definitions from the Delhi GST Act and the Integrated GST Act; the changes take effect on 1st October, 2023.

Tax classification: Gene therapy added to state GST schedule and pre-packaged definition revised, effective immediately.
Insertion into the State GST rate schedule adds Gene Therapy under a new entry S. No. 105A with the applicable rate, and the Explanation is amended to substitute the definition of 'pre-packaged and labelled' to mean commodities for retail sale not exceeding 25 kg or 25 litre that are 'pre-packed' under the Legal Metrology Act, 2009 and bear the declarations required by that Act; the notification is effective immediately.

Restriction on company layers: amended rules substitute Form CRL-1 requiring return of subsidiary layers and authorised digital signature.
The Amendment Rules 2025 substitute Form CRL-1 to require a return on number of subsidiary layers under the proviso to section 2(87) and rule 2(4)(i). The form collects corporate identity and contact details, number of layers and subsidiaries per layer, detailed subsidiary and holding-company data including registration and shareholding, allows attachments, requires a board-authorised resolution and digital signature by an authorised officer, and references statutory penalties for false statements; the eForm records SRN and filing date for registrar use.

Companies incorporation rules: substituted e Form INC 22A mandates verified registered office, director details and professional certification.
The substituted e Form INC 22A (ACTIVE) requires companies to provide corporate identity, registered office longitude/latitude and a photograph showing at least one director/KMP who has affixed a digital signature, company contact and listing status, full director and auditor particulars, SRNs for AOC 4/AOC 4 XBRL and MGT 7, digital signature execution by prescribed signatories, a director's declaration of correctness, and certification by a practising professional with attendant membership and practice details, while warning of statutory penalties for false information.

Port restrictions on Bangladesh imports limit specified jute and flax goods to entry only via Nhava Sheva seaport, with transit caveats.
Imports of specified jute, flax and related textile bast fibre goods from Bangladesh are prohibited through land ports on the India-Bangladesh border and permitted only via Nhava Sheva seaport; a transit exception allows Bangladesh exports to Nepal or Bhutan to pass through India but bars re export of those goods from Nepal/Bhutan into India.

Countervailing duty on digital offset printing plates imposed with specified producer rates and adjustment for anti dumping duties.
Imposes a countervailing duty on digital offset printing plates from China PR and Taiwan with producer- and country-specific rates (expressed in USD per SQM) and an exclusion for certain waterless CtP plates. The effective CVD for many entries is adjusted by deducting any applicable anti-dumping duty under the cited ADD notification, with specified treatments where the differential is zero, negative, or exceeds the injury margin. The duty is payable in Indian currency for five years, with exchange-rate determination tied to the rate notified under the Customs Act and the bill-of-entry date as the relevant date.

Anti-dumping duty on plastic processing machines from China PR and Taiwan imposed to counteract dumped imports and injury.
An anti-dumping duty is imposed for five years on imports of Plastic Processing Machines (tariff items 8477 10 00 / 8477 90 00) originating in or exported from China PR and Taiwan, following findings of dumping and material injury to the domestic industry. The scope covers injection moulding machines with clamping force between 40 and 1500 tonnes, including SKD and CKD forms, with specified exclusions. Duty rates are producer- and origin-specific, set as ad valorem percentages on CIF value, payable in Indian currency using the notified exchange rate.

Countervailing duty on pearlescent pigments from China imposed, with producer specific rates and exclusions for automotive uses.
Imposition of countervailing duty on effect pearlescent or mica pearlescent pigments (excluding automotive effect pigments) originating in or exported from China PR, applying specified CIF based percentage rates to named producers and residual rates for other producers or export scenarios; operational rules specify interactions with anti dumping duties for natural and synthetic grades, exclude automotive applications from CVD, and treat customs classification as indicative. The duty is payable in Indian currency for five years and uses government exchange rates and CIF assessable value for calculation.

Import restriction expanded to include osmium and ruthenium alloys containing gold, tightening import policy for select precious-metal items.
The corrigendum broadens the Import Policy Condition for the listed ITC (HS) codes: the previous restriction on Iridium alloy containing gold beyond the specified threshold is extended to include osmium alloy and ruthenium alloy containing gold for both the "Unwrought or in powder form" and "Other" subheadings, classifying those imports as Restricted.

Certification requirement: Managers of alternative investment funds must ensure a key investment team member obtains specified NISM certification by deadline.
The CAPS Regulations notification mandates that at least one key personnel in the key investment team of an Alternative Investment Fund manager obtain an approved certification from the National Institute of Securities Market by passing one of the specified NISM Series XIX examinations; Category One and Two managers may rely on Series XIX C or Series XIX D, while Category Three managers may rely on Series XIX C or Series XIX E, with existing funds required to secure certification by the prescribed deadline and the earlier related notification rescinded.

Double taxation avoidance: Protocol strengthens non discrimination, information exchange, mutual agreement and tax collection cooperation between states.
Notification under section 90 gives effect to a Protocol amending the India-Oman tax treaty: it updates the preamble to target treaty shopping, clarifies competent authorities and tax year treatment, revises dual resident tie breaker rules for entities, inserts an associated enterprise adjustment mechanism, reduces withholding benchmarks for royalties and technical fees, adds a Non Discrimination Article, strengthens the Mutual Agreement Procedure with a three year presentation window, modernises Exchange of Information rules, and adds assistance in collection and an entitlement to benefits provision.