Work allocation assigns departmental responsibilities among Additional Commissioners, covering high value objections, enforcement, policy, audit, and systems.
Order allocates functions among three Additional Commissioners: Addl. Commissioner I handles high value DVAT objections for Zones II-X, CFC/CRC oversight, legal matters, policy, recovery, PR, zone monitoring and Special Zone; Addl. Commissioner II handles high value CST appeals and revisions for Zones I-X and KCS, HR/finance/vigilance/coordination/internal audit/training/RTI and systems including GST implementation; Addl. Commissioner III handles high value DVAT objections for Zone I and KCS, enforcement, VAT audit, operations, refunds and EXIM Cell.

Adjudicating Authority appointment: Show Cause Notice assigned for formal adjudication under customs adjudication powers.
Assigns the Show Cause Notice issued by the investigating agency in the case of M/s Kay-Em Enterprises and others to the Commissioner of Central Excise (Adjudication)-I, New Customs House, New Delhi, empowering that Commissioner to adjudicate the matter under the Customs Act and related notifications, and circulates the order to concerned administrative and investigative offices for information and action.

Allocation of debt investment limits: SEBI prescribes bidding and first-come-first-served procedures with entity caps and minimum bids.
Allocation of unutilized foreign institutional investor debt investment limits is prescribed through two modalities: allocation through a bidding process and allocation through a first-come-first-served process. The bidding round governs government and corporate debt with per-entity allocation caps and minimum bid and tick sizes. The FCFS round allocates remaining amounts after bidding subject to per-entity ceilings, operates from a prescribed opening time and date, requires requests by a dedicated email, includes a limited utilization period for allocated limits, and uses a specified applicant format.

Opening of Extension Counter: Indore office established to extend Joint DGFT Bhopal services and define territorial jurisdiction.
Amendment under paragraph 2.4 of the Foreign Trade Policy 2009-2014 revises Appendix 1 of the Handbook of Procedures (Vol. I) by updating S. No. 16 for the Joint Director General of Foreign Trade, Bhopal, and establishing an Extension Counter at Indore with specified address, contact details and territorial jurisdiction covering Madhya Pradesh except areas under the Deputy Director General of Foreign Trade, Nagpur.

Sample testing requirement: draw samples from the importer consignment and send to the designated plastics testing laboratory for analysis.
Corrigendum corrects the sampling instruction: samples must be drawn from the importer consignment and sent to the nearest laboratory or office of the Central Institute of Plastic Engineering & Technology for testing, refining the procedural obligation on importers and customs officers.

Status Holders Incentive Scrip: procedural filing, entitlement rules, and use for capital goods imports under Actual User conditions.
New HBP Vol. I provisions govern the Status Holders Incentive Scrip (SHIS): applications for 2009-10 and 2010-11 exports must be filed in ANF3E to the jurisdictional RA by prescribed deadlines, with CA certification and supporting export documentation. SHIS entitlement and use are clarified: shipments remain eligible where VKGUY/FMS/FPS benefits are claimed and foreign exchange realisation is in the Status Holder's name; merchant Status Holders may list supporting manufacturers as co-licensees; SHIS scrip is usable for import duty payment on Capital Goods for specified sectors under Actual User conditions.

Special currency basket valuation revised; authorised dealer banks directed to adopt updated rupee conversion under FEMA.
The rupee valuation of the special currency basket has been revised and fixed with effect from the stated March 2010 implementation date; AD Category I banks are instructed to adopt the revised rupee value for relevant transactions and to notify their constituents. The circular's directions are issued under the Foreign Exchange Management Act and do not affect permissions or approvals under other laws.

Export obligation reporting: EPCG holders must submit annual fulfillment report or face denial of further authorizations.
EPCG Authorization Holders must submit to the concerned Regional Authority, by 30 April each year, a prescribed report on fulfillment of the export obligation showing licence/authorization number, stipulated obligation and export obligation fulfilled in domestic and foreign currency; non compliance may invite administrative action including denial of further authorizations.

Custom House Agent licensing: clarified issuance, KYC verification, staff authorisation, and expedited suspension procedures.
Clarification that no numeric cap or turnover criterion shall restrict the number of Custom House Agents at a station, with proficiency examinations under Regulation 8 conducted annually. CHAs must obtain approval for employing staff after antecedent checks; only those who pass Regulation 19(3) examination may be authorised to sign customs declarations while others receive restricted cards subject to annual review. Commissioners may suspend licences locally or universally for CHAs operating on Form 'C' intimation and must notify licensing authorities of violations. Regulation 13 imposes KYC obligations with specified client identity documents, and prescribed time limits shorten regular and immediate suspension proceedings.

Extension of filing deadline for VAT reconciliation and original declaration forms, permitting late submission without penalty.
Extension of time is granted for submission of the DVAT-51 reconciliation return for the Ist, IInd and IIIrd quarters of 2009-10 up to 31st August, 2010 under rule 49A of the Delhi VAT Rules and related Central Sales Tax provisions. The order also extends the deadline to furnish the 'original' portion of Declaration Forms C, E-I, E-II, F, I, J and H for the same quarters and year under specified clauses of the Central Sales Tax (Delhi) Rules, 2005 and the Central Sales Tax (Registration and Turnover) Rules, 1957.

Assignment of Adjudicating Authority: show cause notice transferred for adjudication to Commissioner of Central Excise (Adjudication).
The Board assigns the Show Cause Notice issued by the Additional Director General, DRI (Hqs) in the matter of M/s Health Impex and others to the Commissioner of Central Excise (Adjudication)-I, New Customs House, New Delhi, designating that Commissioner as the adjudicating authority responsible for adjudication and notifying relevant departmental offices and web administration of the assignment.

ASBA facility extended to qualified institutional buyers, allowing them to apply through blocked funds in public issues.
ASBA is extended to Qualified Institutional Buyers for public issues opening on or after May 1, 2010, allowing QIBs to submit applications with amounts blocked in bank accounts; stock exchanges, merchant bankers, registrars and Self Certified Syndicate Banks must make arrangements to accept ASBA forms from QIBs. The circular was issued under statutory powers and later rescinded by a master circular in 2026.

Listing conditions: mandatory auditor certification for scheme accounting and stricter timelines for financial disclosures
Amendments require listed companies to file an auditors' certificate that accounting treatments in schemes of amalgamation, merger or reconstruction comply with Accounting Standards under Section 211(3C), with sectoral regulator norms prevailing where applicable. Quarterly results must be disclosed within forty-five days and audited annual results within sixty days where applicable; consolidated publication must include specified stand alone items. Optional consolidated reporting under IFRS is permitted with reconciliation to notified Accounting Standards; stand alone reporting remains under Indian GAAP. Auditors must hold a valid ICAI peer review certificate to submit review/audit reports; half year assets and liabilities must be disclosed in Annexure IX format and Audit Committees must approve CFO appointments.

Disclosure of regulatory orders and arbitration awards required on exchange websites to enhance transparency and protect investors.
Stock Exchanges must post all regulatory orders and arbitration awards issued since April 1, 2007 on their websites within thirty days and must post all such orders and awards immediately as and when issued going forward; exchanges must also publish the circular's provisions on their websites and report implementation status in Monthly/Quarterly Development Reports under the regulator's powers to protect investors and regulate the securities market.

Exchange code allocation for a newly recognised exchange requires member notification to enable correct trading and settlement.
SEBI announced allotment of an exchange code to United Stock Exchange of India Limited-Code No. 27-and directed stock exchanges to inform trading and clearing members to update systems and enable correct routing and settlement of trades using the allotted code.

Capital goods designation for grinding media and design-bearing machine parts affects CENVAT credit eligibility and treatment.
The circular determines that alumina balls/ceramic pebbles used as grinding media in ball mills and bolting cloth/screens/silicon cylinders fitted on design-printing machines are indispensable components of those machines and therefore are to be treated as capital goods for CENVAT Credit purposes, a classification relevant to concessional excise duty eligibility.

Overseas investment liberalisation permits Indian companies to join submarine cable consortia under automatic route subject to licensing and reporting.
Indian companies may participate in consortia to construct and maintain submarine cable systems on a co-ownership basis under the automatic route provided they hold a Department of Telecommunication licence for International Long Distance services and submit a certified Board Resolution. AD Category I banks must verify these documents, report investments in the format of A.P. (DIR Series) Circular No. 68, and report to the Reserve Bank for allotment of a Unique Identification Number; such investments remain subject to the reporting obligations under the FEMA notification.

Unjust enrichment review required before re-credit of DEPB scrip after appellate re-assessment; refund sanction must precede EDI re-credit.
Before electronic re-credit of DEPB scrips or grant of refunds consequent to appellate or court-ordered re-assessments, cases must be forwarded to the Centralised Refund Section for sanction. The AC/DC of the CRC Section shall pass a reasoned order after following principles of natural justice. Only after sanctioning the refund shall the file be sent to the Systems Manager to cancel Out of Charge for re-assessment to enable re-credit or record departmental comments.

Consolidated FDI Policy sets routes, sectoral caps, reporting rules and penalties for foreign investments in India.
The Consolidated FDI Policy (effective 1 April 2010) consolidates FEMA/RBI/DIPP rules into a unified framework defining FDI, entry routes (Automatic and Government), calculation of direct and indirect foreign investment (including downstream investments and ownership/control tests), sectoral prohibitions and caps, permitted instruments and pricing norms, transfer and reporting requirements (FC-GPR, FC-TRS, DR returns, KYC) through AD Category-I banks, and enforcement mechanisms under FEMA including penalties, adjudication and compounding.

Broker compliance deadline extended for client-dealing safeguards; exchanges must notify, amend bye-laws, and report implementation.
Stock brokers are directed to achieve full implementation of the prior client-dealing safeguards for all clients by the revised deadline; stock exchanges must notify brokers, publish the directive, amend bye-laws and related rules to ensure uniform implementation, and report implementation status in their monthly development reports, pursuant to the exercise of regulatory powers to protect investors and regulate the securities market.