Service tax registration surrender: procedure requires immediate ST-2 return, prescribed undertaking, and confirmation of tax compliance.
Registered service providers who cease to provide taxable services or who opt for exemption must immediately surrender their ST-2 registration certificate to the Superintendent of Service Tax. Surrender is effected by filing the prescribed undertaking in the enclosed proforma with the original certificate, confirming payment of service tax, education cess and interest, no outstanding government liabilities, filing of half-yearly returns, and disclosure of annual turnover. The undertaking binds the declarant to pay any subsequently found government dues with interest on demand.

Electronic assessment requirement: DVAT default and penalty orders must be entered via the Dealer Assessment System with supervisory verification.
Mandate that all default and penalty assessments under u/s 32 and 33 DVAT be passed exclusively through the department's Dealer Assessment System; ward Assessing Authorities must endorse hard copies to Zonal DCs and branch Assessing Authorities to branch incharges, who will verify monthly that orders were issued via the system and require immediate correction of any deviations, with supervisors guiding use of the system for post assessment activities.

Dealer Assessment System: assessing authorities must issue default and penalty assessments through the computerized module only.
Directive that all default assessments u/s 32 and penalty assessments u/s 33 under the DVAT Act must be issued exclusively through the Dealer Assessment System (DAS) software module, because manual orders prevent updating of dealer profiles, automated DCRs and post assessment processes. Assessing Authorities must endorse hard copies to Zonal DCs or branch in charges who will verify monthly that orders were passed via the system, and any deviation must be corrected by directing re entry into DAS.

E-Payment of Customs Duties enables electronic settlement, automatic ICES update and registration for import consignments via ICEGATE gateway.
An optional e-payment facility via the Customs E-Payment Gateway (CEG) on ICEGATE allows registered or unregistered users to view unpaid TR-6 challans, select a challan, choose an authorized bank, authenticate on the bank's internet portal, complete payment and obtain a cyber receipt. After payment, ICEGATE transmits payment particulars to ICES, which automatically advances the Bill of Entry to the examination queue. Incomplete transactions can be resolved by a same-day VERIFY option; physical proof of payment need not be produced for clearance though cyber receipts should be retained.

Extension of filing deadline for VAT reconciliation and Central Declaration forms, permitting later submission of original forms.
Extension of time is granted for furnishing the reconciliation return in Form DVAT 51 and for submitting the portion marked 'original' of Central Declaration Forms C, D, E I, E II, F, I, J and H, as they relate to the third quarter of the 2006-07 fiscal period, by authority of the Delhi VAT Rules, the Central Sales Tax Act and related registration and turnover rules.

Turnover-based exemption from service tax means exempt providers need not file ST-3 returns and should deregister.
Filing obligation for ST-3 returns applies only to persons liable to pay service tax; by definition an assessee is a person so liable. Service providers not liable due to the turnover-based exemption are not required to file ST-3 returns and are advised to seek deregistration to avoid show cause notices.

Extension of filing deadline for Focus Market and Focus Product Scheme applications granted for the relevant export year.
The Director General of Foreign Trade, under paragraph 2.4 of the Foreign Trade Policy and the Handbook of Procedures (Vol. I), deletes Note 2 and the annexure to the Chartered Accountant/Cost and Works Accountant certificate at serial number 2 in Appendix 26, and extends the last date for filing applications under the Focus Market Scheme and the Focus Product Scheme for the relevant export year to allow additional time for submission.

Secondary and Higher Education Cess remittance routed to designated heads of account for proper excise receipt accounting.
Cess on excisable goods is to be remitted to designated Heads of Account: the Customs, Union Excise Duties and Service Tax major heads, each recorded under "Receipts Awaiting Transfer to other Minor Heads," prescribing the accounting mapping and remittance pathway for the Secondary and Higher Education Cess.

E-Payment of Customs Duties: online challan payment via ICEGATE moves bills to examination without physical payment proof.
Procedure enables online payment of customs duties at Chennai Air Cargo via the Customs E-Payment Gateway (CEG) at ICEGATE and authorised designated banks. Registered ICEGATE users see unpaid challans on their account; unregistered users may access challans by importer IE Code. Users select a challan, choose an authorised bank, authenticate as an Internet banking customer, complete payment, obtain a cyber receipt, and return to ICEGATE to finalise the transaction. ICEGATE/CEG transmits payment particulars to ICES, after which the Bill of Entry moves to the examination queue and no physical proof of payment need be produced for clearance.

Interest on refunds must be paid simultaneously with refunds, ensuring compliance and accountability for responsible officers.
Grant of interest under section 244A must be paid simultaneously with refunds; assessing officers must ensure no omission or delay in granting interest, conduct periodic test checks, and subject adherence to internal audit, with personal accountability and potential consequences for responsible officers for any failure.

Quarantine referral requirement: all livestock imports must await explicit quarantine clearance before Customs release.
All consignments of livestock and livestock products must be referred to Quarantine Authorities and shall not be cleared by Customs without a no-objection from those authorities; consignments must be kept in a separately identified location until final quarantine clearance, and any detection of Avian Influenza must be immediately reported to the Board, with strict compliance and acknowledgement of these instructions required.

Mandatory e-payment of Central Excise duty: electronic deposit via internet banking required for threshold assessees, with online challan procedure.
Assessees meeting the prescribed previous-year duty threshold must deposit Central Excise and Service Tax electronically via Internet banking through authorized banks. The facility applies to registered PAN-based assessees who are customers of participating banks and have Internet banking IDs; the online process requires completion and submission of an electronic challan, secured bank authentication, account selection and payment authorization. An immediate cyber receipt is generated and receipted challan copies are later delivered by the bank for tax returns and records.

SVB bond procedure modified: continuity bonds registered at SVC and debited physically and on EDI for import consignments.
Procedure centralises SVB bond execution at the Special Valuation Cell: importers submit a Continuity Bond to SVC for acceptance and registration; bonds are entered in a Bond Register, debited physically against the hard copy Bill of Entry with an endorsement, and also registered and debited on EDI. Groups provisionally assess Bills of Entry and record revenue deposit details in comments. SVC sends a monthly summary of debited bonds with Bill of Entry details to SVB; the same steps apply to subsequent consignments.

Electronic verification of DEPB licences enables online use of DEPBs for duty payment with DEPB number quotation required.
Electronic transmission and online validation of DEPB licences between Customs EDI and DGFT at Tuticorin will replace physical verification: DEPBs received online will undergo prescribed validation checks and be available via the ICEGATE portal for use. Temporarily, importers must present hard copies of DGFT-issued DEPBs to the designated Assistant/Deputy Commissioner (DEPB) before utilisation. For online DEPBs used for duty payment, the DEPB number must be quoted on the bill of entry instead of the registration number. The new procedure applies to DEPBs issued on or after the implementation date, while earlier DEPBs follow prior procedures.

Mandatory electronic payment of service tax requires online deposit and use of the new single-copy challan under the EASIEST scheme.
The EASIEST regime mandates use of a new single-copy challan for Central Excise and Service Tax and requires assessees exceeding the prescribed prior-year duty threshold to deposit duty electronically via authorised internet banking; taxpayers are directed to annexures and official websites for challan access, bank lists, and operational guidance.

Vessel port clearance: security deposit waived when Section 42 conditions are met; otherwise shipping line/agent must provide a bond.
The practice of taking fixed revenue security deposits from vessels for port clearance is dispensed with where the conditions of Section 42 of the Customs Act, 1962 are complied with prior to departure; if required documents are not produced, the shipping line/agent must submit a prescribed bond securing production of documents and payment of any fines, penalties or dues, with the Assistant/Deputy Commissioner responsible for acceptance, recordkeeping, monitoring and closure of such bonds.

Refundability of additional excise duty credit: unutilized AED(T&TA) refundable on exports under CENVAT Rule 5, subject to conditions.
Unutilized accumulated credit of Additional Excise Duty for Transportation and Trade Advertisement (AED (T&TA)) can be claimed as refund under Rule 5 of the CENVAT Credit Rules on export of goods. CENVAT credit of specified duties on inputs is admissible when inputs are used in manufacture of excisable goods other than exempted goods; taking of AED (T&TA) credit is permitted though its utilization is restricted to payment of AED, and Board Circular No.701/17/2003-CX on AED (GSI) applies to AED (T&TA) subject to the Rules' conditions and limitations.

Limited review requirement for listed debentures mandates unaudited periodic financials with prescribed reviewer and reporting timelines.
Issuers of listed debentures must furnish unaudited periodic financial results subject to a limited review and submit the review report in prescribed formats. Private placement issuers must file unaudited half yearly results within one month and the limited review report within two months; public or rights issue issuers must file unaudited quarterly results within one month and the limited review report within two months. The limited review is to be conducted by statutory auditors or, for public sector undertakings, by a practicing Chartered Accountant. Stock exchanges must amend listing agreements, monitor compliance and report implementation to SEBI.

Customs valuation: transaction value first, then comparison, computed and residual methods determine export value.
Valuation of export goods follows a sequential framework: the transaction value is preferred where a sale is under fully competitive conditions. Failing that, valuation proceeds by comparison with goods of like kind and quality (with specified adjustments), then by a computed value aggregating material, processing, brand/fashion value, profit and export-related costs, and finally by a residual method using relevant materials and reasonable means, subject to an arm's-length upper limit. The proper officer may reject declared values when reasonable doubt exists, request further evidence and afford the exporter a hearing.

Customs valuation hierarchy: transaction value first, with defined adjustments and fallback deductive or computed methods.
Customs valuation is determined by a prescribed hierarchy: transaction value first, then transaction value of identical or similar goods, deductive value, computed value, and a residual method. Key definitions and related-party criteria are provided. The transaction value must be adjusted for specified additions (commissions, packing, buyer-supplied elements, royalties, proceeds to seller) and delivery costs to place of importation; objective, quantifiable data are required. Importers must furnish declarations and documents; proper officers may reject values on reasonable doubt and follow procedural safeguards. Interpretative notes elaborate apportionment and application principles.