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Amendments in Appendix - 37A of Handbook of Procedures Vol.I 2004-2009
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Vishesh Krishi Upaj Yojana eligibility expanded: oleoresins added to Appendix 37A, benefits apply to subsequent exports.
The Handbook of Procedures is amended to add a new product sub category listing specific spice oleoresins under chapter 33 of the ITC (HS) classification, naming individual oleoresins such as fennugreek, ginger, turmeric, celery seed, nutmeg, clove, capsicum, coriander, cumin, fennel and other spice oleoresins. The Public Notice declares that these listed oleoresins shall be entitled to benefits under the Vishesh Krishi Upaj Yojana for exports made on or after the operative date specified in the notification.
Vishesh Krishi Upaj Yojana benefits for export of Pepper
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Vishesh Krishi Upaj Yojana benefits restored for pepper exports made within a specified retrospective eligibility period.
Vishesh Krishi Upaj Yojana benefits for pepper under ITC (HS) code 0904 are reinstated retrospectively but confined strictly to exports made during the earlier specified policy period, in response to exporter representations that the scheme had been factored into contracts.
Registration of EOU/EHTP for clearance of goods duty free at Kandla Port.
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EOU registration for duty free imports: single port registration permits clearance at other ports subject to authenticity verification.
Registration of established Export Oriented Units, EHTP and STP at the port of import is required for duty free clearance. Applications must be submitted to the Assistant/Deputy Commissioner (EOU) with documents including Letter of Permission, Private Bonded Warehousing Licence, IEC, green card, bank attested authorised signatory details and signatory photographs. The Superintendent (EOU) may verify licence authenticity with the jurisdictional Assistant Commissioner and may grant registration if no verification report is received within the short verification period. Registration issued at one port permits duty free clearance at other ports subject to authenticity verification and subsequent EDI registration.
Requirement of issuing Notice to the owner of goods- provisions of Section 150 of the Customs Act, 1962 - reg
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Notice to owner of goods required before sale under customs law; noncompliance can create financial liability for revenue.
Requirement that notice to the owner of the goods be issued before sale of goods under the Customs Act; goods not being confiscated must be sold by public auction, tender, or other methods only after notice to the owner, and the notice obligation also applies to confiscated goods where the owner has not exhausted appeal or legal remedies.
Import of re-conditioned computer monitors (EXIM Code - 847160)
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Import licensing requirement for re-conditioned computer monitors: importers must obtain licence under the Foreign Trade Policy.
An import licensing requirement applies to re-conditioned computer monitors classified under EXIM Code 847160 because they are treated as not being components of computers; therefore importers must obtain a licence under the Foreign Trade Policy.
Warehousing – Waiver of interest on Customs duty on warehoused goods – consolidated instructions
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Waiver of interest on warehoused customs duty: consolidated guidelines adopt accessory interest principle and defer enforcement pending use.
The Board consolidated prior instructions on waiver of interest on Customs duty for warehoused goods, delegating decision making within monetary limits to Chief Commissioners while requiring Commissionerates to examine requests first and to forward cases beyond delegation to the Board. It lists categories generally eligible for waiver subject to merits and timing conditions (e.g., ex bond clearance, completion of EOU obligations), adopts the Supreme Court ratio treating interest as accessory to the principal, and directs that interest be raised but not enforced until purpose is fulfilled, with waiver decided within six months.
Premises of M/s. Vishrutha Logistics Ltd. at Vallur Village, Ponneri Taluk, Thiruvallur Distt. Declared as Customs Area
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Customs area declaration permits examination, stuffing and sealing of FCL import and export containers under supervision.
Declaration of M/s Vishrutha Logistics Ltd. premises as a customs area authorises Customs to examine and clear import FCL containers moved from Chennai port to the CFS, to supervise stuffing/loading of export cargo into containers and to affix Customs seals; LCL cargo and passengers' unaccompanied baggage are excluded. The notice sets out the site's location, storage and handling capacity and requires adherence to the Custom House procedural public notices governing operations.
Online submission of applications
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Electronic Fund Transfer optional for licence fees; digital signature filings remain mandatory with fee concessions.
The DGFT makes licence-fee payment via Electronic Fund Transfer optional during the transition while retaining mandatory electronic submission with digital signature for specified licences; electronic filings receive fee concessions, and Regional Licensing Authorities may accept Treasury Challans or Demand Drafts. ECOM filing on the DGFT website is reintroduced for DEPB claims based on manual DEPB shipping bills (from both notified EDI and non-EDI ports) provided filings use digital signature, a printed hard copy with supporting documents is submitted, verification safeguards are applied, and manual DEPB applications are disallowed.
Rationalisation of the FDI Policy
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FDI liberalisation expands automatic-route access across multiple sectors while preserving sectoral licensing and compliance conditions.
The Press Note liberalises foreign investment by extending the automatic route and increasing permissible foreign equity in designated sectors while retaining sectoral licensing and regulatory conditions. It removes mandatory divestment in B2B e-commerce, allows resident-to-non-resident share transfers in financial services under automatic entry subject to applicable sector policy, and consolidates a sectoral annex that lists prohibited sectors, cases requiring prior government approval, sector-specific caps, entry routes and conditionalities such as licensing, divestment obligations and minimum capitalisation norms.
Guidelines for FDI in Retail Trade of 'Single Brand' Products
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Foreign direct investment in single-brand retail allowed with prior government approval subject to branded-manufactured products and specified product lists.
FDI up to 51% is permitted in retail trade of single-brand products conditional on sale under the same international brand and branding at manufacture; prior government approval is required via an application to the Secretariat for Industrial Assistance specifying product categories, and any additions to the approved list require fresh approval, with departmental processing to verify compliance before FIPB consideration.
Import of 5 lakh MTs Wheat at Zero Duty
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Zero duty wheat imports authorised for State Trading Corporation through specified ports under foreign trade policy conditions.
Notification permits wheat import at zero duty under the Department of Revenue Ad-hoc Exemption Order and Paragraph 2.4 of the Foreign Trade Policy; imports are authorised under Chapter 10 of the ITC (HS) Classification, to be effected exclusively by the State Trading Corporation and only through specified ports, subject to the conditions of the exemption order and the Foreign Trade Policy.
Provision of vehicles on hiring basis for field formations under CBEC - regarding
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Vehicle hiring policy requires ministry approval for premature or additional hires and mandates day/km ceilings and procedural safeguards.
Heads of departments may hire replacement vehicles for those condemned after full service under the Ministry's terms, but hiring to replace pre-maturely condemned vehicles or to obtain additional vehicles requires administrative approval/financial sanction. The previous monetary ceiling is removed and replaced by a broad ceiling of days/kilometers; procurement must follow GFR tendering and two-bid procedures, hires must be need-based and non-AC, users must follow Department of Expenditure OMs and maintain log book records for official journeys.
Import of products containing HCFC – 22 (R-22) gases
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Import licensing for HCFC-22 requires environmental clearance before trade authority grants licences pending classification anomaly resolution.
Importation of products containing HCFC-22 is free under ITC (HS) classification but requires a licence under the ODS Rules, 2000. Pending resolution of this inconsistency, the trade authority will issue import licences where clearances and advice have been provided by the environmental authority. Industry must file licence applications, which will be considered for issuance conditioned on the environmental authority's clearance and recommendation.
Denaturing of Ethyl Alcohol reg.
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Denaturing of Ethyl Alcohol: Circular requires implementation, reporting of difficulties, and dissemination to trade stakeholders.
Public Notice encloses a Customs Tariff Unit Circular on denaturing of ethyl alcohol for information, guidance and necessary action, states the Circular is self explanatory, requires immediate reporting of implementation difficulties to the Commissioner, and directs trade associations and Customs House Agents to publicize the Circular among their members to ensure compliance.
825/1/2006 - 06-02-2006 Central Excise
Functioning of the Committee of Chief Commissioners for Review of Orders passed by Executive Commissioners and Appellate Commissioners.
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Committee disagreement rule: when two members differ on filing an appeal, the matter must proceed by appeal to the Tribunal.
Committee of Chief Commissioners may examine orders for legality or propriety and direct an authorized officer to appeal to the Appellate Tribunal. When two-member Committees agree on filing or not filing an appeal, their common view prevails; if the two members differ, the Committee shall file an appeal.
Extension of due date for filing of quarterly return of payment of interest to residents without deduction of tax at source
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Due date extension for quarterly interest payment returns: filing deadline consolidated to a later administrative date under tax rules.
The Central Board of Direct Taxes, exercising its statutory power, extends the due date for filing quarterly returns of interest paid to residents without deduction of tax at source for three specified quarters and directs that returns for those quarters be filed by the single extended deadline set in the order.
Cenvat credit of service tax paid on goods transported from factory to depot admissible irrespective of basis of valuation of goods
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Cenvat credit of service tax admissible for transportation to depot regardless of valuation basis, clarifying eligibility.
Cenvat credit for service tax on transportation to a depot is allowable where goods are sold from that depot because the Credit Rules treat outward transportation up to the place of removal as an input service, and the statutory definition of place of removal applies to the Credit Rules. Eligibility for credit is independent of the method used to compute excise duty, so goods charged at specific rates or by valuation do not lose entitlement to credit for transportation to depot.
Eligibility of CENVAT credit of service tax paid on goods transported from factory to depot and sold therefrom -reg.
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CENVAT credit eligibility affirmed for service tax on outward transportation to depot, regardless of duty valuation method.
CENVAT credit for service tax on outward transportation is available up to the depot for depot sales because 'place of removal' in the Credit Rules is to be read with definitions in the Central Excise Act; this applies regardless of whether duty is charged at specific rates or on an ad valorem valuation basis, and credit entitlement is independent of duty valuation methods.
01/2006 - 02-02-2006 Central Excise
Allocation of Charge of Commissioner of Customs (Appeal), Lucknow to Commissioners of Central Excise (Appeals), Lucknow, Kanpur, Allahabad, NOIDA, Ghaziabad, Meerut-I & Meerut-II
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Jurisdiction of appeals: place of interception governs seizure appeals, place of port governs import and conversion appeals.
Appeals arising from orders of officers under Commissioner of Customs (Preventive), Lucknow shall be allocated to the respective Commissioners of Central Excise (Appeals) at Lucknow, Kanpur, Allahabad, NOIDA, Ghaziabad, Meerut I and Meerut II; jurisdiction for seizure cases is determined by the place of interception and for import/export and bond conversion by the place of port, amending the prior public notice accordingly.
AMENDMENT TO THE SEBI (DELISTING OF SECURITIES) GUIDELINES, 2003
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Delisting notice requirements now mandate public disclosure of fair value determined by exchange-appointed experts under amended guidelines.
Stock exchanges may delist securities after considering representations from aggrieved persons and, upon delisting, must give wide public notice through newspapers and exchange notice boards/trading systems that disclose the fair value of the security. Fair value must be determined by persons appointed by the exchange from a panel of experts selected by the exchange, having regard to factors set out in the takeover regulations. A prior procedural clause has been omitted to streamline the delisting process.

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Cenvat credit of service tax paid on goods transported from factory to depot admissible irrespective of basis of valuation of goods

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Cenvat credit of service tax admissible for transportation to depot regardless of valuation basis, clarifying eligibility.
Cenvat credit for service tax on transportation to a depot is allowable where goods are sold from that depot because the Credit Rules treat outward ... Summary

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Acts Income Tax