Regulatory corrigendum corrects sub regulation numbering to maintain consistency and clarity in a prior securities notification.
Corrigendum amends the English Gazette text of a securities notification by instructing that in Regulation 3, sub regulation (I), clause (ii) the words "after sub regulation (29)" shall be read as "after sub regulation (30)" and the symbol "(30)" shall be read as "(31)", limited to correcting numbering and symbols in the published notification.

Rights issue compliance: enhanced disclosure, issuer led filings and prompt reporting of promoters' pre issue transactions.
The amendment package revises SEBI ICDR rules to (a) recognise stock appreciation rights in definitions and disclosure requirements; (b) reassign numerous operational duties from lead managers to issuers and designated stock exchanges and specify filing of the draft letter of offer/letter of offer with stock exchange(s); (c) require issuers to report promoters' and pre issue/pre IPO transactions to stock exchanges within twenty four hours; and (d) set uniform timelines and advertisement requirements for floor price/price band disclosures and expanded prospectus and SME filing content.

Definition of specified premises redefined to align with earlier notification, effective from April, with substitution language prescribed.
Amendment substitutes item (c) in the Explanation to redefine specified premises by reference to clause (xxxvi) of paragraph 4 of notification number 1135-F.T., and states that the amendment shall take effect from the 1st day of April, 2025.

Reverse charge amendments narrow GST liability by excluding body corporates and composition levy taxpayers from specified entries.
West Bengal GST notification amends the principal reverse charge notification by inserting "other than a body corporate" after "Any person" at serial number 4, and by inserting "other than a person who has opted to pay tax under composition levy" after "Any registered person" at serial number 5AB. The amendment is deemed to have come into force from 16 January 2025.

GST exemption amendments expand nil-rated insurance services and revise entries for transmission, training partners, and insurer definitions.
Amends the West Bengal GST exemption-rate notification by substituting "transmission and distribution" with "transmission or distribution", inserting a nil-rated entry for insurance services provided by the Motor Vehicle Accident Fund against contributions made by insurers, and extending an entry to a training partner approved by the National Skill Development Corporation. It also omits item (w) from 1 April 2025 and inserts a definition of "insurer" aligned with the Insurance Act, 1938.

Specified premises for hotel accommodation service now follows a revised opt-in and opt-out declaration framework.
West Bengal GST amends the definition of specified premises for hotel accommodation service from 1 April 2025 and introduces opt-in and opt-out declaration formats. The revised framework applies to premises meeting the prescribed preceding-year supply threshold, or premises covered by declarations filed by registered suppliers or applicants for registration within the specified period. The declarations operate for the stated financial year and continue for later years until changed, and must be filed separately for each premises.

GST exemption rate amended by substituting a higher table entry, with retrospective effect from mid-January 2025.
The West Bengal Goods and Services Tax exemption notification is amended to revise the rate entry in the specified table. Against Serial No. 4, the existing entry of 6% is substituted with 9%, thereby altering the applicable rate under the 2018 notification. The amendment is made in public interest on the recommendation of the GST Council, and it is given retrospective effect from 16 January 2025.

GST exemption entry expanded to include food inputs for ICDS-linked supplies under the West Bengal amendment.
West Bengal GST notification amends the existing rate entry for supplies linked to ICDS or similar schemes by inserting "food inputs for (a) above" after the reference to Fortified Rice Kernel (Premix) supply, thereby extending the scope of the specified entry. The amendment is deemed to have come into force from 16 January 2025.

Gene therapy tax change: amendment adds gene therapy to GST schedule and revises pre packaging definition, effective retrospectively.
Amendment inserts Gene Therapy into the Schedule and substitutes the Explanation to define 'pre-packaged and labelled' as retail commodities not exceeding 25 kg or 25 litre that are 'pre-packed' under the Legal Metrology Act, 2009 with packaging or labels required to bear the Act's declarations; the notification is deemed effective from 16 January 2025.

Tax classification: Fortified Rice Kernel added to reduced GST schedule and pre-packaging definition clarified for retail packaging.
The notification inserts Fortified Rice Kernel (FRK) as a specific entry into the state GST schedules, altering its taxable classification, and amends the Explanation to define "pre-packaged and labelled" to mean retail commodities pre-packed per the Legal Metrology Act, 2009 in packages not exceeding twenty-five kilograms or twenty-five litres where required statutory declarations appear on the package or label.

Qualified buyers status extended to NBFCs and housing finance companies, subject to restrictions preventing promoters accessing secured assets.
All non-banking financial companies, including housing finance companies, regulated by the Reserve Bank of India are specified as qualified buyers under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, subject to ensuring that defaulting promoters or related parties do not gain access to secured assets through security receipts and to complying with any additional conditions the Reserve Bank of India may specify.

Foreign currency account regulations amended to substitute specified serial entries, correcting the earlier notification's schedule alignment.
Corrigendum substitutes schedule serial entries in the Foreign Exchange Management (Foreign Currency Accounts by a Person Resident in India)(Fourth Amendment) Regulations, 2024 by directing that previously listed SL No. 4, 5 & 6 be read as SL No. 1, 2 & 3, thereby correcting the published notification's schedule alignment.

GST amendment commencement brings specified Uttar Pradesh rules into force on staged effective dates.
Bringing into force specified provisions of the Uttar Pradesh Goods and Services Tax (Sixty-fourth Amendment) Rules, 2024. The Governor appointed the effective dates for identified provisions under Section 164 of the Uttar Pradesh Goods and Services Tax Act, 2017 read with sub-rule (2) of rule 1 of the Amendment Rules. Rules 2, 24, 27 and 32 were deemed to have come into force on 11 February 2025, and Rules 8, 37 and clause (ii) of rule 38 on 1 April 2025.

Tariff values fixed for specified imported goods, updating customs valuation and applying from the commencement date.
Fixes tariff values for specified imported commodities by substituting updated TABLE-1, TABLE-2 and TABLE-3 in the principal customs notification, covering edible oils, brass scrap, gold and silver in specified forms, and areca nut, with values expressed in US dollars per metric tonne or per unit as applicable, and makes the amendments effective from the commencement date stated in the notification.

Anti-dumping duty scope clarified for textured toughened glass specifying transmission, thickness and dimension criteria for coverage.
Corrigendum to Notification No. 26/2024-CUSTOMS (ADD) amends the table entry for "Textured Toughened (Tempered) Coated and Uncoated Glass" by adding an asterisk and inserts a footnote defining the covered product as textured toughened (tempered) glass with a minimum of 90.5% transmission, thickness not exceeding 4.2 mm (including a tolerance of 0.2 mm), and where at least one dimension exceeds 1500 mm, applicable whether coated or uncoated.

Corrigendum clarifying customs exemption wording excludes goods covered under S.No. 608 from personal-use dutiable goods.
Corrigendum to Notification No. 04/2025-Customs replaces the description of the personal-use exemption in the table entry for serial number 36 so as to expressly exclude goods covered under S.No. 608 of the Table appended to notification No. 50/2017-Customs, with the correction located in column (3), lines 8-10 of the published Gazette entry.

Commencement of GST amendment rules: specified amendment rules to come into force on appointed dates in 2025.
Appoints commencement dates for specified provisions of two Rajasthan GST amendment notifications under section 164. Rules 2, 23, 26 and 31 of notification F.12(1)FD/Tax/2024-88 (19-07-2024) come into force on 11th February, 2025; Rule 36 and clause (ii) of Rule 37 of the same notification, and Rule 2 of notification F.12(1)FD/Tax/2024-93 (27-09-2024), come into force on 1st April, 2025.

Mizoram GST rules: specified amendment provisions commence 11 February 2025 and 1 April 2025 by notification.
The Governor appoints commencement dates for provisions of the Mizoram Goods and Services Tax (Amendment) Rules, 2024: Rules 2, 24, 27 and 32 to come into force on 11th February 2025; Rules 8, 37 and clause (ii) of rule 38 to come into force on 1st April 2025 by State tax notification.

Date of effectuation of OGST Amendment Rules: selected rules to come into force on 11 Feb and 1 Apr 2025.
The State Government, exercising statutory authority under the Odisha Goods and Services Tax Act and the Amendment Rules, appoints the 11th day of February, 2025 as the date on which rules 2, 22, 25 and 30 shall be deemed to have come into force, and appoints the 1st day of April, 2025 as the date on which rules 8, 35 and clause (ii) of rule 36 shall come into force.

Penalty recovery procedure: administrative demand, set payment window, interest accrual and enforced recovery mechanisms including tax referral.
The regulations require the Secretary to issue a demand notice with the Commission's penalty order and a prescribed payment period, payment by challan to the Pay & Accounts Officer, and entry of receipts in a penalty recovery register. The Commission may grant extensions or installments; defaults render the payer in default. Interest accrues on outstanding penalties, subject to reduction or waiver and adjustment after appellate orders. On continued default the Commission issues a recovery certificate executed by a recovery officer authorising recovery measures including requiring third parties or legal heirs to pay, attachment and sale of property under the Income-tax Act procedures, and reference to the Income-tax authority for recovery as tax due.