Tax classification updated: Fortified Rice Kernel added to GST rate schedules and pre packaging definition clarified.
FRK is added to the Jammu and Kashmir GST rate schedules: inserted as a new entry under the lower rate schedule and included in the description of an existing item in the higher rate schedule. The Explanation for "pre-packaged and labelled" is replaced to cover retail commodities not exceeding 25 kg or 25 litre that are "pre-packed" under the Legal Metrology Act, with required package or label declarations under that Act.

GST late fee waiver for annual returns where GSTR-9C is filed by March 31, 2025; no refunds paid.
Waiver of late fee excess for registered persons required to file FORM GSTR-9C with FORM GSTR-9 who failed to file it with the annual return but furnished FORM GSTR-9C on or before 31 March 2025; no refund of late fee already paid; notification effective from 23 January 2024 under executive waiver authority.

GST temporary identification numbers introduced for non-registrants required to make payments, with amended FORM GST REG-12.
The amendment creates rule 16A authorising the proper officer to grant a temporary identification number to persons not liable for registration but required to make payments, with the order recorded in Part B of FORM GST REG-12; the substituted FORM GST REG-12 provides Part A for temporary registration and Part B for temporary identification, collecting identifying details and optional bank account information.

GST notification amendment adds food inputs for fortified rice kernel supplies under ICDS, creating retrospective applicability.
The notification amends SRO- GST-Rate-21 by inserting "(c) food inputs for (a) above" in column 3 against S.No.1 after the existing reference to fortified rice kernel (premix) supply for ICDS or similar schemes, expanding the listed supplies. It is issued under section 9(1) of the Jammu and Kashmir GST Act and is declared to have retrospective effect from 16th January 2025.

Gene therapy added to GST Schedule, and 'pre-packaged and labelled' redefined for retail commodities under legal metrology.
The notification inserts Gene Therapy as a new entry in the GST Schedule and substitutes the Explanation to define "pre-packaged and labelled" as commodities intended for retail sale containing not more than 25 kg or 25 litres that are "pre-packed" under the Legal Metrology Act, 2009, where the package or an affixed label must carry the prescribed declarations under that Act and its rules.

Tariff value fixation updated for edible oils, metals and areca nuts, imposing new customs valuation from the notified date.
The Central Board of Indirect Taxes & Customs amends the principal customs notification by substituting TABLE-1, TABLE-2 and TABLE-3 to fix specific tariff values in US dollars for listed imports, including categories of edible oils, brass scrap, areca nuts, and specified forms of gold and silver, with detailed product descriptions and applicability conditions. The notification is effective from the date stated therein and serves as the operative schedule for customs valuation of those commodities.

Zero coupon bond designation clarifies tax status for specified NABARD bond, setting issue schedule and maturity terms.
The notification specifies a zero coupon bond issued by The National Bank for Agriculture and Rural Development, fixing its tenor at ten years eleven months thirteen days, requiring issuance on or before the stated March deadline in 2027, and recording the aggregate maturity amount, aggregate discount and total number of bonds, thereby operationalising the instrument's tax characterisation under the Income tax Act and relevant rules.

Bonus share issuance to non-resident shareholders allowed despite FDI prohibition, subject to unchanged shareholding pattern.
An amendment permits Indian companies in sectors closed to foreign direct investment to issue bonus shares to pre-existing non-resident shareholders provided such issuance does not change those shareholders' proportionate shareholding; bonus shares issued before commencement are deemed to have been issued in conformity with the then-applicable foreign exchange regulations.

Tariff value fixation updated for edible oils, metals and areca nut, affecting customs valuation and import assessment.
Amendment substitutes new TABLE 1, TABLE 2 and TABLE 3 in the principal customs notification under sub section (2) of section 14 of the Customs Act, 1962, fixing tariff values (in US dollars) for specified edible oils, brass scrap, areca nut and for defined forms of gold and silver for use in customs valuation; explanatory notes delimit included and excluded forms and the notification takes effect from the stated effective date.

Common Adjudicating Authority appointed to finalise provisional customs assessment and centralise adjudication for M/s Bando India.
Appointment under the Customs Act, 1962 of a Common Adjudicating Authority to finalize provisional assessment and centralise adjudication of specified show cause notices issued to M/s Bando (India) Pvt. Ltd.; the notification names the notices, the original adjudicating authorities, and the officer appointed to exercise their powers and duties for those proceedings.

Exemption of specified income for Greater Noida Industrial Development Authority subject to continued statutory eligibility and conditions.
Notification grants exemption for specified income to the Greater Noida Industrial Development Authority under the relevant clause of section 10 of the Income-tax Act, identifying the Authority as constituted under the U.P. Industrial Area Development Act, 1976. The exemption is effective from the assessment year 2024-25, conditional on the Authority continuing to be so constituted and retaining one or more of the purposes specified in the relevant provision of section 10.

Companies filing XBRL must also attach signed, section 134 authenticated PDF financial statements to eForm AOC 4 XBRL.
The Amendment Rules insert sub rule (1A) to require companies that file financial statements under rule 3(1) to attach a PDF copy of the signed financial statements duly authenticated as specified in section 134 (including Board's report, auditors' report and other documents) in eForm AOC 4 XBRL, and substitute Annexure I to provide the detailed Form No. AOC 4 XBRL fields, attachment items, and certification and digital signing requirements; effective 14 July 2025.

Anti-dumping duty on Vitamin-A Palmitate imports to address dumping and material injury to the domestic industry.
Imposition of anti dumping duty on Vitamin A Palmitate imports from China PR, the European Union and Switzerland under section 9A of the Customs Tariff Act; designated authority found dumping, material injury and price undercutting. The notification specifies covered tariff items and product strengths (1.7 MIU/Gm and 1.0 MIU/Gm), excludes 1.6 MIU/Gm for animal consumption, sets differentiated per kilogram duty rates by producer and export origin in USD, and prescribes a five year levy period with conversion to Indian currency at notified exchange rates on bill of entry date.

Anti-dumping duty imposed on imports of insoluble sulphur to counter dumped imports and protect domestic industry.
Imposition of anti-dumping duty on imports of insoluble sulphur from China PR and Japan follows findings that exports were made below normal value, caused material injury to the domestic industry, and are causally linked to that injury. The Central Government prescribes specified US dollar-per-metric-tonne duty rates for defined origin/export/producer combinations (including a producer-specific rate for Shikoku Chemicals Corporation), leviable for five years from publication, payable in Indian currency and calculated using the notified exchange rate with the bill-of-entry date as the relevant date.

De-notification of SEZ land reduces SEZ area and frees listed parcels for use in the Domestic Tariff Area.
Central Government de-notifies 282.7351 hectares from the Tata Steel Special Economic Zone at Gopalpur, Odisha, under the statutory proviso and rule, resulting in a revised SEZ area of 305.9163 hectares; the de-notified parcels are listed by survey and plot particulars and are to be utilised for new industrial units in the Domestic Tariff Area following State approval and the Development Commissioner's recommendation.

Temporary identification number powers extend to specified State Tax Commissioners, subject to a condition for cases under consideration.
Delegation of powers under the Rajasthan Goods and Services Tax framework is amended retrospectively from 3 March 2025. Joint, Deputy and Assistant Commissioners of State Tax are authorised to grant temporary identification numbers under Rule 16A. A further condition restricts the relevant delegated power in cases under consideration to matters passed by an officer other than the officer exercising that power.

Commencement of Delhi GST Amendment provisions: Act brought into force from 1 October 2023 by government notification.
The Government of the National Capital Territory of Delhi, exercising the commencement power in the Delhi Goods and Services Tax (Amendment) Act, 2024, by Finance Department notification appoints 1 October 2023 as the date on which the provisions of the Amendment Act shall come into force.

Value of supply in online gaming and casino defined as total amounts paid or deposited, refunds not deductible.
Value of supply for online gaming and casino actionable claims is the total amount paid or payable to or deposited with the supplier by or on behalf of the player, including money's worth and virtual digital assets; refunds or amounts returned by the supplier are not deductible. For casinos, this covers purchase of tokens, chips, coins or tickets or participation where such instruments are not required. Amounts won and retained for further play without withdrawal are not considered new payments for valuation purposes.

Track and trace mechanism for specified goods mandates unique identification, recordkeeping and attracts enhanced penalties.
The Act amends the Tamil Nadu GST framework to expand definitions, introduce a unique identification marking, and establish a statutory track and trace mechanism. It prescribes affixation of unique markings, electronic storage and access of marking data, recordkeeping and disclosure obligations for persons handling specified goods, and payment obligations for the system. The amendments also tighten treatment of input tax credit and credit notes, revise filing and statement requirements, impose appeal pre deposit conditions for certain penalty orders, and add penalties for non compliance with track and trace.

Extension of filing deadline for FORM GSTR-8: December 2024 returns may be filed by January 12, 2025.
The Commissioner, under the proviso to sub section (4) of section 52 read with section 168 of the Delhi GST Act, 2017, extends the time for furnishing the statement of outward supplies effected through an e commerce operator in FORM GSTR-8 for December 2024 until 12 January 2025, pursuant to sub section (4) of section 52 and rule 67 of the Delhi GST Rules, 2017.