Deadline extension in GST notification extends compliance period to late August and is made effective from end of June.
Amendment substitutes the deadline in the seventh proviso of Notification No. 73/2017 State Tax, extending the period fixed for the relevant regulatory purpose and thereby altering the timeline for affected taxpayers. The notification declares that the amendment shall be deemed to have come into force from the original deadline day, making the substituted deadline operative from that earlier date.

Effective date amendment: deadline extended to 31st August while the amendment is deemed operative from 30th June.
Amendment replaces the words, letters and figures "30th day of June, 2023" with "31st day of August, 2023" in Notification No. 11506-FIN-CT1-TAX-0005/2023 made under section 128 of the Odisha Goods and Services Tax Act, 2017, and states the notification shall be deemed to have come into force from the 30th day of June, 2023.

Extension of compliance deadline substitutes the proviso cutoff and deems the amended deadline effective from the prior cutoff.
The amendment substitutes the cutoff date specified in the proviso of the earlier notification with a later cutoff date, and declares that the notification as amended shall be deemed to have come into force from the earlier cutoff date specified in the original proviso.

Extension of GST notification deadline: prior deadline substituted and the amendment deemed effective from the earlier notification date.
Amendment under section 148 of the Odisha GST Act substitutes the date in clause (i) of Notification No. 11498-FIN-CT1-TAX-0005/2023 to a later date, thereby extending the operative deadline, and declares the notification to be deemed to have come into force from the earlier terminal date specified in the original notification.

Extension of compliance deadline under section 148: deadline extended and amendment given retroactive effect.
Amendment under section 148 substitutes the date in clause (a) of a prior Odisha Finance Department notification, extending the specified deadline by replacing the earlier words, letters and figures with a later date. The notification further provides that this amendment shall be deemed to have come into force from the original earlier date specified in the prior notification, giving the substituted deadline retroactive effect.

Extension of GST late fee deadline with retrospective effect to allow a later compliance date for taxpayers.
The notification amends a Finance Department GST notification by substituting the deadline in the sixth proviso to extend the compliance deadline for payment of late fees and declares the amendment to have retrospective effect from the original earlier date, thereby making the new deadline operative from that earlier date.

Amendment to GST notification updates paragraph citation and revises definitions to the 2023 trade policy instruments.
The notification amends an existing State tax rate notification by substituting the internal citation "paragraph 4.41" with "paragraph 4.40" and by replacing Explanation clauses to define "Foreign Trade Policy" as the Foreign Trade Policy, 2023 and "Handbook of Procedures" as the Handbook of Procedure notified in 2023, effectuated under the State GST Act on GST Council recommendations.

GST rate amendment expands taxable items to include extruded snack pellets, fish soluble paste, LD slag and imitation zari thread.
The notification amends the State GST rate schedules by inserting un fried/un cooked snack pellets produced by extrusion, fish soluble paste, Linz Donawitz slag and imitation zari thread or yarn into the taxable lists, and substitutes schedule entries to revise the description of metallised textile yarns and slag/waste from iron or steel manufacture, while adding snack pellets to the category alongside toasted bread.

Forward charge applicability clarified: applies to supplies from specified financial year that remain under forward charge and not reverted.
The notification amends Annexure III by substituting the phrase indicating supplies taxed "during the Financial Year ____ under forward charge" with wording providing that forward-charge applicability applies to supplies "from the Financial Year ____ under forward charge and have not reverted to reverse charge mechanism."

GST classification change: satellite launch services specified in tax notification, amending entry for serial 19C.
The amendment replaces the column (3) entry for serial number 19C in Notification No. 12/2017 State Tax (Rate) with "Satellite launch services" by Notification No. 07/2023 State Tax (Rate) dated 27th July 2023 under the Gujarat Goods and Services Tax Act, 2017, pursuant to recommendations of the Goods and Services Tax Council and the exercise of specified statutory powers.

Reverse charge election timing for Goods Transport Agencies redefined; prescribed declaration now required within the preceding financial year window.
Amendments redefine the procedural timing and mechanism for a Goods Transport Agency to elect forward charge or revert to the reverse charge mechanism, introduce a deeming rule that an election to pay under forward charge continues unless a prescribed declaration is filed within the designated preceding financial year window, and prescribe a new Annexure VI form for GTAs to declare reversion to reverse charge prior to the start of a financial year.

Commencement of Mutual Funds amendments notified; specified sub regulations commence on gazette publication and a later appointed date.
SEBI appointed the commencement dates for parts of regulation 3 of the Mutual Funds (Amendment) Regulations, 2023: sub regulation (XII) shall take effect on publication in the Official Gazette, while clauses (ii) and (iii) of sub regulation (I) and sub regulations (V), (VI), (VIII)-(X), (X1), (XV)-(XXIII), (XXV) and (XXVI) are appointed to come into force on a subsequently specified date, by authority of powers under the SEBI Act.

Guarantee scheme for corporate debt enables guaranteed borrowing by a market stability fund during market dislocation.
The Central Government approved the Guarantee Scheme for Corporate Debt (GSCD) under which GFCD, managed by NCGTC, provides full guarantee cover for borrowings of the Corporate Debt Market Development Fund (CDMDF) in times of market dislocation. CDMDF, a SEBI regulated AIF funded by specified debt mutual funds and AMCs, may leverage its corpus to purchase investment grade corporate debt subject to prudential issuer limits, a loss absorption waterfall that prioritizes first loss by selling MF schemes and contributors, and operational controls including SEBI triggers, trustee governance, reporting, and a guarantee fee payable by Member Lending Institutions.

GST notification amendment updates Foreign Trade Policy and Handbook of Procedures references and substitutes a paragraph cross reference.
The State notification amends an earlier Nagaland GST notification by substituting the phrase paragraph 4.41 with paragraph 4.40 in the opening paragraph and by replacing clauses (a) and (b) of the Explanation to redefine Foreign Trade Policy as the Foreign Trade Policy, 2023, and Handbook of Procedures as the Handbook of Procedure, as notified by the Government of India in 2023; the amendments commence the day after issuance.

GST rate amendments adjust classification and tax treatment for snack pellets, fish paste, slag, and imitation zari thread.
The notification amends Nagaland GST schedules by inserting specified goods into Schedule I at the concessional rate, substituting the metallised yarn description in Schedule II to clarify scope and distinguish real and imitation zari, and revising Schedule III entries to add un fried snack pellets and to exclude Linz Donawitz slag from certain waste classifications; the changes take effect on 27th July, 2023.

Forward charge designation clarified to apply from the specified financial year for supplies not reverted to reverse charge mechanism.
The notification amends Annexure III by substituting the phrase "during the Financial Year ____ under forward charge" with "from the Financial Year ____ under forward charge and have not reverted to reverse charge mechanism," thereby limiting the provision to supplies that began under forward charge and have not reverted to reverse charge. The amendment is issued under the state GST statute and takes effect from 27th July, 2023.

Taxation scope: inclusion of satellite launch services under state GST notification, altering taxable service classification.
The notification substitutes the entry against serial number 19C in the Table of the earlier State GST notification with the entry "Satellite launch services." The amendment is made under specified provisions of the Nagaland Goods and Services Tax Act, 2017 on the Council's recommendation and is effective from 27th July, 2023.

Amendment to GST notification: updated definitions of Foreign Trade Policy and Handbook of Procedures change reference and commencement.
Amendment replaces the opening paragraph reference from paragraph 4.41 to paragraph 4.40 and substitutes the Explanation's clauses (a) and (b) with updated definitions: "Foreign Trade Policy" meaning the Foreign Trade Policy, 2023 as notified by the Government of India in the Ministry of Commerce and Industry; and "Handbook of Procedures" meaning the Handbook of Procedure as notified by the Government of India in the Ministry of Commerce and Industry. The notification also specifies its commencement.

Forward charge designation revised to cover taxpayers who have remained under forward charge and not reverted to reverse charge.
Substitutes Annexure III wording to read that the operative category covers persons "from the Financial Year ____ under forward charge and have not reverted to reverse charge mechanism," thereby redefining which taxpayers remain subject to forward charge; effective from 27th July, 2023.

GST exemption for satellite launch services amended to expressly list the services and alter the prior notification.
The State Government amends an earlier Rajasthan SGST notification by substituting, against serial number 19C in the Table, the column (3) entry with "Satellite launch services," thereby specifying those services within the scope of the notification; the amendment is notified by the Finance Department and comes into force from 27th July, 2023.