Interest waiver for e commerce operators who deposited collected tax but couldn't file GSTR 8 due to portal glitch.
Notification sets the rate of interest at 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 period runs from the date of deposit in the electronic cash ledger until the date of filing the required statement.

Nil interest for e-commerce operators unable to file GSTR-8 on time due to portal glitch, subject to tax deposit.
Interest under the Uttar Pradesh Goods and Services Tax Act was notified as Nil for specified electronic commerce operators who could not file FORM GSTR-8 for December 2020 by the due date because of a technical glitch on the portal, provided the tax collected was deposited in the electronic cash ledger. The Nil rate applies from the date of deposit until filing of the statement.

Nil interest for specified e commerce operators where tax was deposited but statement filing was delayed due to a portal glitch.
Notification prescribes the rate of interest as Nil for specified registered persons who failed to furnish the statement in FORM GSTR-8 for the identified month due to a portal glitch but had deposited the tax collected in the electronic cash ledger; the Nil interest period runs from the date of deposit of the tax collected until the date of filing the required statement.

Waiver of Interest for electronic commerce operators where required e commerce statements failed due to portal glitch; interest set to nil.
Interest is notified as Nil for specified electronic commerce operators who, owing to a technical portal glitch, could not file the required e commerce statement by the due date but had deposited the tax collected in the electronic cash ledger; the waiver applies from the date of deposit until the date of filing of the statement.

Special Courts designation expands jurisdiction to address securities, contracts and depository offences under relevant statutes.
Central Government notification designates the Courts of Sessions Judge in Leh and Kargil as Special Courts to exercise jurisdiction under the Securities and Exchange Board Act, the Securities Contracts (Regulation) Act and the Depositories Act, enabling those courts to hear matters arising under those statutes within their respective districts, issued with the concurrence of the Chief Justice and by Ministry of Finance notification dated 17 June 2022.

Designation of Special Courts: Additional Special Judge Anti-Corruption courts in Jammu and Srinagar designated as Special Courts for respective divisions.
The central government, exercising powers under the relevant securities and depository statutes and with the concurrence of the Chief Justice of the High Court of Jammu & Kashmir and Ladakh, substitutes the earlier notification entry to designate the Courts of Additional Special Judge, Anti Corruption at Jammu and Srinagar as the Special Courts for the Jammu division and the Kashmir division respectively.

Penalty for non-compliance under NFRA Rules amended to prescribe fines for contraventions and daily continuing breaches.
The Central Government substitutes rule 13 of the National Financial Reporting Authority Rules, 2018 to prescribe a monetary fine for contraventions and an additional daily fine for each day a continuing contravention persists, establishing a two-tier penalty structure for breaches of the NFRA Rules.

Safe harbour rule extended to an additional assessment year, applying retrospectively from the start of the fiscal year.
Amendment to rule 10TD substitutes sub rule wording to add an additional assessment year to the list covered by the safe harbour provision, extending the period in which eligible taxpayers may rely on prescribed transfer pricing benchmarks. The change is effective from the first day of the fiscal year and the explanatory memorandum certifies no person is adversely affected by its retrospective operation.

Waiver of interest for electronic commerce operators unable to file required e commerce statements due to portal technical glitches, interest nil.
Notification prescribes a nil interest rate for specified electronic commerce operators who could not file the mandated e commerce statement due to portal technical glitches; the waiver covers the period from deposit of tax into the electronic cash ledger until filing of the statement and applies only to the listed GSTINs and months specified in the Table.

GST exemption revisions narrow service exemptions and set proportional, capped treatment for tour-operator services supplied to foreign tourists.
The State GST notification is amended to narrow and remove specified exemptions in the services table, omit recurring qualifying phrases for several entries, and insert targeted entries and provisos. Key changes include an exception to residential dwelling exemption when rented to a registered person; a limited warehousing exemption for cereals, pulses, fruits and vegetables; a new entry for low-weight Department of Posts services; a proviso excluding certain high-room-charge non-ICU hospital rooms; and a provision limiting exemption for tour operator services to the proportion of the tour performed outside India, capped at fifty percent, with day-counting rules and a definition of "foreign tourist."

No TDS on IFSC aircraft lease rent where lessor furnishes required declaration and lessee reports payments.
No deduction of tax shall be made under section 194-I on lease rent or supplemental lease rent paid to a Unit in an International Financial Services Centre for aircraft leasing, provided the lessor furnishes a verified statement-cum-declaration in Form No. 1 for the declared consecutive assessment years and the lessee, upon receipt, refrains from deducting tax and reports particulars of such payments in the statutory statement; the exemption applies only for the years declared and technical procedures for secure data transmission are to be prescribed by Income-tax Systems authorities.

Specified fund compliance: non resident unit income exempt only if fund maintains records and files prescribed annual statements.
Exemption for income attributable to units held by non residents in a specified fund is conditioned on the fund maintaining specified unit holder records, certifying compliance and furnishing an annual statement of exempt income in Form No.10 IG. Concessional tax treatment and exemption for eligible investment divisions are additionally conditioned on filing specified annual statements and audit reports in Forms No.10 IH, 10 IK and 10 IL, and the rules prescribe annexures for allocating income to non resident unit holders.

Exchange rate determination updates foreign currency-to-rupee conversion rates for import and export purposes, effective as specified.
Determination of the rate of exchange for specified foreign currencies into Indian rupees under the Customs Act prescribes separate conversion rates for imported and export goods in two annexed schedules, supersedes a prior notification, and makes the listed rates operative from the stated effective date while preserving actions taken under the earlier notification.

Late fee waiver for delayed GSTR-4 filings, covering the designated filing window under section 47.
A proviso is inserted into the prior notification, declaring that the late fee payable under section 47 for delay in furnishing FORM GSTR-4 for Financial Year 2021-22 is waived for the period from 1 May 2022 to 30 June 2022, effected by Notification No. 1003-F.T., dated 16 June 2022, under the authority of section 128 of the West Bengal Goods and Services Tax Act, 2017.

Delegation of Tax Authority: amends Assistant Commissioners' jurisdiction and assigns business-audit and investigation areas including Greater Mumbai, Thane, Raigad.
Order substitutes schedule entries to reassign Assistant Commissioner posts for Business Audit and Issue-Based Business Audit in Mumbai with operational codes and territorial limits covering Greater Mumbai and the revenue districts of Thane and Raigad, and substitutes entries for Assistant Commissioners (Investigation) at Bhayander and Raigad assigning their investigation unit codes with jurisdictional reach as the whole state under the delegation of powers under section 4(2) of the Maharashtra GST Act.

Power delegation for Deputy Commissioners assigns audit and investigation jurisdictions covering Mumbai, Greater Mumbai, Thane, Raigad and statewide.
The Commissioner, invoking sub-section (2) of section 4, amends Notification PWR-GST/2017/01/ADM-8 to substitute schedule entries that allocate offices and code ranges for Deputy Commissioners of State Tax for Business Audit, Issue Based Business Audit, Refund Audit (limited to Greater Mumbai and revenue districts of Thane and Raigad) and Investigation postings at Mumbai, Bhayander and Raigad, the latter expressly carrying jurisdiction over the whole of the State.

Sovereign Gold Bond Scheme 2022-23 issues gram-denominated government bonds with 2.5% interest, 8-year maturity, and defined investment limits.
The Sovereign Gold Bond Scheme 2022-23 issues Government of India Stock in gram-denominated bonds to resident individuals, HUFs, trusts, charitable institutions and universities, with minimum one gram and annual ceilings of 4 kg (individuals/HUF) and 20 kg (trusts). Nominal value is fixed by a three-day simple average of 999 purity gold prices; online digital payments receive a Rs.50/gram discount. Bonds pay 2.50% p.a. interest half-yearly, mature in eight years with premature redemption after year five, are tradable, transferable, may be used as loan collateral subject to LTV norms, and feature specified tax treatment for interest and capital gains.

Interest waiver for e-commerce operators: Nil interest where tax collected was deposited but GSTR-8 filing was delayed due to portal glitch.
Notification prescribes a Nil interest rate for specified electronic commerce operators who failed to file FORM GSTR-8 for December 2020 by the due date due to a portal technical glitch, provided they had deposited the tax collected in the electronic cash ledger; the waiver covers the period from deposit of the collected tax until filing of the statement and applies only to the GSTINs and period listed in the notification table.

Delegation of GST investigative powers: specific posts authorised to exercise section 67 functions under administrative conditions.
Delegation authorises specified posts to perform functions under the Maharashtra GST Act: subsections (1), (2), (4) and (5) of section 67 are delegated to any officer/authorized officer and subsections (11) and (12) to the proper officer. An appended schedule lists designated posts with administrative codes to whom these functions are assigned. The order supersedes an earlier 2017 delegation insofar as inconsistent and mandates that delegated powers be exercised subject to conditions the Commissioner may impose.

Delegation of investigation powers assigned to specified deputy commissioners, exercisable while holding office subject to commissioner conditions.
The Commissioner delegates and assigns to the officers holding the listed Deputy Commissioner investigation and vigilance posts the duties of a proper officer in relation to the investigatory provisions of the Maharashtra GST Act, for the period they hold the post; the delegation supersedes the prior October 2017 order and is exercisable subject to conditions and restrictions the Commissioner may impose.