Deemed removal date fixes the duty rate at expiry of warehousing period, regardless of later payment or clearance.
Goods left in a warehouse beyond the permissible or extended period become time-expired and are deemed cleared on the date the period expired; the duty chargeable is the rate applicable on that deemed removal date, not the date of payment or actual clearance. Late applications for extension after expiry may allow continued storage but do not change the frozen date for duty determination; pre-expiry extensions are subject to a maximum duration and applicable procedural guidelines.

Prior approval for inspections in SEZs required; agencies must obtain DC consent unless authorized under sections 20 or 21.
Section 22 of the SEZ Act requires agencies not authorized under the SEZ Act to obtain prior approval of the Development Commissioner before undertaking searches, inspections, seizures or investigations within a SEZ; other agencies retain their statutory powers until formally notified, but cannot carry out such intrusive actions without the DC's approval.

Tax deduction at source on arrears must be effected and remitted promptly, with PAN quoted in e TDS returns.
Employers must deduct tax at source on the second installment of arrears treated as salary, compute each employee's correct tax liability, deduct tax and education cess at rates in force, remit sums immediately to the Central Government under the Income Tax Rules, 1962, and correctly quote deductee PANs in e-TDS returns; failure to comply with withholding obligations under Section 192 exposes DDOs/PAOs to interest and penal consequences under Section 201(1)/(1A).

Amendment to export classification for oilseed flours alters permissible export description and applicability under foreign trade policy.
Correction in HBPv1 revises VKGUY Entry No. 7 of Table 1B of Appendix 37A to read: "FLOURS & MEALS OF OIL SEEDS OR OLEAGINOUS FRUITS OTHER THAN THOSE OF MUSTARD / SOYA BEAN." This correction clarifies the commodity description for export classification and applies for exports w.e.f. 27.8.2009.

Duty Credit Scrip use limited to imports permitted under corresponding provisions; specific import permission still required for restricted items.
Clarifies that Duty Credit Scrip may be used to pay duty for restricted-item imports under a specific permission only if the item is also importable under the corresponding Duty Credit Scrip provisions; and corrects ANFs and Appendices by deleting an obsolete date string and updating Index entries for Appendix 26 and 26A to reflect certification for EPCG Authorization issuance and redemption.

10-Year notional GoI security futures: VWAP pricing, demat physical delivery, VaR margins and default penalties.
Introduction of 10-Year Notional coupon-bearing GoI security futures requires exchange approval, published deliverable baskets and conversion factors, VWAP-based Daily Settlement Price with theoretical-price fallbacks adjusted for cost of carry, demat physical delivery with T+2 settlement after a two-business-day delivery intention, invoice price computed using conversion factors plus accrued interest, buy-in/auction default procedures with specified penalties, and VaR-based Initial Margin, SPAN portfolio margining, position limits and segregation of client margins.

Security scanning discrepancies must be reported to Customs and recorded in prescribed register, triggering supervisory follow-up.
Scanning personnel, airlines and custodians must promptly record AWB particulars and any discrepancy noticed during post-Let Export Order security x-ray scanning in the prescribed Register maintained at the Batch Office and APEDA Shed, sign the entry, and verbally inform the relevant Customs Superintendent so that Superintendents can initiate follow-up action.

Intermediary conduct: mandatory code requires full commission disclosure, prohibition on rebates and non compliant intermediary blacklisting.
Intermediaries must follow a revised code requiring compliance with SEBI mutual fund regulations, full disclosure of all commissions for competing schemes, suitability based recommendations, risk disclosure, and maintenance of infrastructure and confidentiality. The code forbids assuring returns, commission driven recommendations, churning, collusion in fraudulent practices, rebating commissions, and misleading comparisons. AMFI certification for sales personnel is mandated; mutual funds must report non compliant intermediaries to AMFI and SEBI and must not engage with those who breach the code.

High Court power to condone delay now permits admission of late appeals and reference applications under amended law.
Amendments permit the High Court to admit appeals and reference applications filed after the limitation period if satisfied there was sufficient cause for delay. Pending delayed filings should be regularised by interim applications; dismissed Commissionerate appeals on limitation grounds may prompt review petitions in consultation with senior counsel. Commissionerates must monitor litigation and ensure timely filing.

Automatic endorsement of import flexibility allows marine sector duty credit scrips to cover additional specified inputs for imports.
Duty Credit Scrips issued under the Target Plus Scheme (Para 3.7 - FTP RE2004/RE2005) and DFCE for Status Holders Scheme (Para 3.7.2.1(vi) - EXIM Policy RE2003) for the Marine Sector shall be automatically endorsed to permit import of the additional items listed in the Annexure, granting beneficiaries flexibility to use these scrips for specified inputs.

Import of sports weapons delegated to regional DGFT authorities, enabling licence issuance upon sports ministry recommendation.
Import of sports weapons by "Renowned Shooters" is a restricted activity requiring an ANF application to the concerned Regional Authority of DGFT with prescribed documents. The Regional Authority will seek comments from the Ministry of Sports and Youth Affairs and, upon receiving those comments, issue the licence directly and forward a copy of the licence to the Ministry; written recommendation from the Ministry obviates the need for DGFT Headquarters' approval.

Export obligation period revised for specified drugs and penicillin to commence from customs clearance of the first consignment.
Amendment to the Handbook of Procedures revises export obligation timing for specified drugs, including penicillin and its salts, so the obligation period runs from the date of customs clearance of the first consignment; this replaces earlier Appendix 30A entries and is issued under powers conferred by the Foreign Trade Policy by public notice dated 27 August 2009.

Import supply obligation revised to require a minimum share of precious metal imports be allocated for exporter supply.
Amendment revises Sl. No. 3(c) of Policy Circular No. 77 to impose a mandatory minimum portion of each nominated agency's precious metal imports that must be supplied to exporters, creating a direct supply obligation on nominated importers to allocate a defined share of their imports for exporter supply.

Notification of Handbook of Procedures under Foreign Trade Policy: DGFT brings the handbook into force, establishing procedural framework.
The Director General of Foreign Trade, exercising powers under paragraph 2.4 of the Foreign Trade Policy, 2009-14, notifies the Handbook of Procedures (Volume I) and its Appendices by Public Notice, thereby bringing the Handbook into force from 27th August, 2009 as published in the Gazette Extraordinary.

Export certificate requirements: present high-value jewellery in advance or provide invoice/valuation to enable customs verification before departure.
Passengers seeking export certificates for high-value jewellery/items at Mangalore International Airport must either present the articles to Customs at least twenty-four hours before departure for valuation or supply a purchase invoice or valuation certificate from an authorised valuer when requesting the export certificate, to enable correct valuation and facilitate re-importation.

Summary disposal of tax appeals streamlines disposal of eligible pending sales tax appeals within a limited filing window.
The Summary Scheme permits expedited administrative disposal of specified pending sales tax appeals where assessments were ex parte or statutory purchase forms were not produced, subject to compliance with stay conditions and a prescribed monetary ceiling. Eligible dealers must apply on SSDPA X or SSDPA F to the Deputy/Joint Commissioner within the announced limited period; forms are available at the Department's reception or website. Appellate Authorities will process and dispose of eligible appeals under the summary procedure without requiring the dealer's or counsel's personal presence and will issue acknowledgments on filing.

Centralization of search cases requires case-specific rationale before transfer to central charges, preserving investigative focus.
Proposals to centralize connected cases where no warrant has been served must, for each case, narrate the relationship to persons searched; the person's status; role in influencing searched persons' transactions; any seizures of books, documents, electronic media, cash or assets; findings of surveys/enquiries relevant to concealment; the investigation potential based on search findings or suspicious transactions; and any other issues found during search material to investigation or prosecution.

Transfer of seized cash rules require prompt relocation to jurisdictional PD accounts; noncompliance must be reported.
Seized cash in the PD Account of the Investigation Directorate must be transferred to the PD Account of the jurisdictional Commissioner within fifteen days of centralization; failures must be reported by the DGIT (Inv.) in the MIS report and the monthly DO letter of the Member (Inv.), CBDT.

Hazardous waste import controls: paper waste imports allowed for actual users with movement documents, pre-shipment certificates and random customs inspections.
Imports of paper, paperboard and paper product wastes are permitted for actual users when shipments are accompanied by a movement document in Form-9 and a pre-shipment inspection certificate from an exporting-country certified inspection agency. Customs may conduct random inspections of consignments before clearance; recognised laboratories may test samples. Commissionerates must designate nodal officers at or above Assistant Commissioner/Deputy Commissioner level to coordinate with pollution control boards and implement the Rules and testing procedures, and the field and trade must be informed.

Provisional attachment procedures tightened: appraisal reports must identify assets and forward seized materials to assist assessments.
Appraisal Reports must annex photocopies of core documents indicating concealment and admissions, proof of allowed inspection, and list assets proposed for provisional attachment u/s 281B and cases for proceedings u/s 153C. A separate letter must forward all post-search materials (search-team reports, post-search enquiry folder, statements, electronic device printouts, warrants, prohibitory orders, bank statements). Where other-law infractions are found, the processing ADIT/DDIT (Inv) must notify relevant authorities within fifteen days. ADIT/DDIT (Inv) will prepare and send a draft questionnaire to the Assessing Officer within fifteen days for core cases under 153A/153C.