Deletion of pesticides as permissible input in textile SION: immediate removal changes eligible inputs for export product composition.
Pesticides (Biocides/Fungicides/Herbicides/Insecticides) are deleted as a permissible input under SION J-373 for textile products with immediate effect following withdrawal of the earlier public notice. The amended SION J-373 retains the following permissible inputs and their specified quantities: raw cotton (not carded or combed); grey cotton fabrics (75-95 GSM) suitable for packing cotton bales; PP/HDPE/LDPE/LLDPE granules for plastic woven packing fabrics; mild steel coils (width 1/2 inch-3/4 inch); and PVC straps.

XBRL filing deadline extended: no additional fee or penalty for delayed financial statements within the new AGM tied extension period.
Extension of the filing window for financial statements in eXtensible Business Reporting Language (XBRL) allows companies with financial years commencing on or after 01.04.2011 to file Balance Sheet and Profit & Loss Account in XBRL mode without additional fee or penalty for the Ministry specified extended period; all other terms and conditions of General Circular No.16/2012 remain unchanged.

Tax compliance data matching prompts targeted notices to non-filers to secure return filing and tax payment.
A business intelligence data matching exercise using AIR codes, CIB data, TDS/TCS returns and Cash Transaction Reports identified non-filers for targeted follow up; individualized summary notices are being sent, a Nodal cell will capture responses, and an online monitoring system will track return filing and tax payment to secure voluntary disclosure and compliance.

Substantial Question of Law: ensure precise drafting and departmental assistance when proposing special leave petitions.
Directives mandate that the Substantial Question of Law be clearly drafted to reflect the statutory controversy as raised in the courts below; field officers must assist law officers and drafting counsel. When drafting is assigned by the Central Agency Section, the CIT/DIT must provide assistance, vet and approve the final SLP draft by e-mail within two days, and coordinate with nodal officers. For matters admitted and converted to civil appeals, the CIT/DIT must prepare a factual/legal brief once the case appears in the advance cause list and send a soft copy to the Directorate within fifteen days.

Centralisation of search cases: require prompt proposals, reasoned show cause notices, and safeguards against limitation and asset dissipation.
The Investigation Directorate must initiate centralisation of search cases immediately, sending proposals and lists to the Central charge within thirty days. Draft show cause notices must be prepared for cases proposed to be centralized outside the jurisdiction, with specific reasons and opportunity to be heard; jurisdictional officers must pass speaking orders. Connected cases lacking investigative potential should generally not be centralized and must be decided by the time the appraisal report is sent. Where centralisation is delayed by litigation or stays, authorities must protect limitation, prevent asset dissipation, consider proceeding in the original jurisdiction, and pursue vacation of stays.

Non Resident Ordinary Rupee account opening allowed for Bangladeshi individuals subject to visa, residential permit and quarterly reporting.
Authorised banks may open Non-Resident Ordinary Rupee (NRO) accounts for individuals of Bangladesh nationality without Reserve Bank approval provided the bank verifies a valid visa and residential permit from the relevant FRO/FRRO, maintains branch-level records, and the Head Office submits quarterly reports to the Under Secretary (Foreigners), Ministry of Home Affairs with specified personal, travel, permit and branch contact details.

Debenture Redemption Reserve clarified: applicability by issuer type and annual minimum deposit requirement for maturing debentures.
No DRR is required for debentures issued by All India Financial Institutions regulated by the Reserve Bank and for Banking Companies. NBFCs registered with the Reserve Bank must maintain DRR adequacy for public issues while privately placed debentures require no DRR. Other companies (including manufacturing and infrastructure) must maintain DRR for public issues and, for listed companies, for privately placed debentures; unlisted private placements attract DRR. Companies required to maintain DRR must, before 30 April each year, deposit or invest a minimum percentage of debentures maturing in the following year in prescribed unencumbered instruments, usable only for repayment of those maturing debentures.

Exchange of information expanded to permit banking data and limited non tax use, and cross border tax examinations authorized.
The Amending Protocol to the India-Sweden DTAC replaces the exchange-of-information Article to permit exchange of banking information and information without domestic interest, and allows use of supplied information for non tax purposes with the supplying State's approval. The Protocol also adds an Article enabling officials of one State to enter the other State to assist in conducting tax examinations abroad, thereby expanding mutual administrative and investigative assistance under the Convention.

Subsidy ineligibility for manufacturers of calcined petroleum coke and bitumen emulsion confirmed due to refinery by product feedstock.
Manufacturing units producing Calcined Petroleum Coke and Bitumen Emulsion are excluded from subsidy eligibility under the North East industrial incentive framework because their principal raw materials are by products of petroleum refineries and thus fall within the policy's negative list.

Liquidity enhancement schemes for illiquid equity securities allow exchanges to appoint monitored liquidity enhancers under strict disclosure.
Permits introduction of Liquidity Enhancement Schemes in the Equity Cash market for securities meeting specified mean impact cost or "permitted to trade" criteria; LES remain until mean impact cost falls below the threshold, require 15 days' notice for discontinuation, and may be adopted by other exchanges only for the initiating period. Exchanges must secure Board approval, monitor LES quarterly, define liquidity enhancer obligations, ensure transparency and compliance, disclose schemes and monthly outcomes, limit incentive forms and aggregate incentives under prescribed caps, and implement anti collusion and self matching safeguards.

FII debt limit increase broadens permitted investments and relaxes maturity and lock in requirements for debt categories.
SEBI amends FII investment rules: Government Debt Long Term cap increased and three year residual maturity at first purchase removed (treasury bills excluded); corporate non infrastructure incremental allocation excludes CDs and CPs; lock in requirements removed for specified long term infrastructure bond and IDF sub categories with a 15 month residual maturity at first purchase; auctions will allocate incremental and unutilized limits with 30 day utilisation for government debt and 60 day for corporate debt; reinvestment periods remain unchanged.

Duty Credit Scrip computation now based on basic customs duty paid, with CENVAT non availment certificate exceptions.
Computation of freely transferable Duty Credit Scrip(s) will be based on basic customs duty paid. Where an exporter obtains EPCG authorisation declaring non availment of CENVAT, Export Obligation and Duty Credit Scrip issuance will be fixed and issued with reference to basic customs duty paid and supported by a Central Excise certificate of non availment, except where the unit is not registered with Central Excise. Capital goods imported under the FTP must not be disposed of until the last export for offset, and re exported defective CG claiming drawback will not amount to remission of duty under the FTP.

Export product description amended to include linen, broadening eligible textile exports under the SION entry.
SION No. J-44 in the Handbook of Procedures, Vol. II is amended to replace 'Flax Fabrics Dyed' with 'Flax dyed fabric/Linen dyed fabric', thereby explicitly including linen in the export product description for that textile SION entry.

Extension of filing deadlines and fee relaxation for forms affected by MCA-21 transition, subject to RD/ROC approval.
The Ministry authorises extension of filing deadlines and relaxation of additional fees for forms whose due dates fell on or after 17 January 2013 due to MCA-21 transition issues. Relief includes waiver of additional fees, restoration of expired name reservations and documents, case-by-case extension for charge filings, and extension for court/competent authority filings. Regional Directors and Registrars of Companies will consider requests individually and implement extensions via a service-desk ticketing process; eligible extensions are available until 28 February 2013. Filings already completed after 17 January 2013 before this circular are not eligible for relaxation or refund.

Initial offering period extension for RGESS-eligible mutual funds permits longer subscription and extended allotment and refund timelines.
The circular extends the maximum initial subscription period for RGESS-eligible mutual fund schemes from fifteen days to thirty days, and extends the period for unit allotment, refunds and issuance of statements of account following closure of the initial subscription from five working days to fifteen days; the changes are effective immediately and regulatory amendments will follow.

Custom House Agent licensing: prior examination under earlier regulations suffices for eligibility without requiring additional new-subject exams.
Persons who passed the examination under the Customs House Agents Licensing Regulations, 1984 are not required to reappear under the 2004 Regulations; Board has deleted Paras 8.1 and 8.2 of the earlier circular, removing the requirement to qualify in specified new subjects, and such candidates, subject to other licensing requirements, are directly eligible for grant of a Custom House Agent license.

Single revolving bank guarantee renumbering ensures corrected circular reference and requires trade publicity and acknowledgment.
The corrigendum corrects the administrative serial number of the Circular concerning the Single Revolving Bank Guarantee for import of silver, gold or platinum by re designating the earlier misnumbered Circular to the proper register for the current year; it instructs issuance of Trade/Public Notice for wide publicity and requests acknowledgement of receipt.

Refund of Additional Duty: procedure for returning endorsed originals while retaining certified photocopies for processing and audit.
Refund of Additional Duty requires original evidence of payment-Importer's duplicate Bill of Entry and corresponding TR-6 Challan-submitted with photocopies at claim filing. On receipt, the processing officer shall stamp and sign originals and photocopies to record submission and verification; originals are returned while endorsed photocopies are retained for processing, audit and review. For postal claims, originals and photocopies must be sent and originals will be returned by post within two weeks; importers should follow up if originals are not received within four weeks.

Job work removals: procedural conditions require serialised movement documents, sender accounting responsibility, and time bound return obligations.
Removal of inputs or partially processed inputs to a job worker is allowed under Rule 16A subject to conditions prescribed by the Commissioner. Goods must be moved under a duplicate printed document with running serial numbers, signed by the sender, and containing the sender's registration and registering Range/Division/Commissionerate and a description, quantity and value. The sender remains responsible for accounting and must ensure goods return within six months or pay duty with interest. The job worker must acknowledge receipt, may return goods duty free after endorsement or clear for home consumption on payment, and both parties must maintain simple receipt/dispatch accounts.

Reserve price determination requires Valuation Cell valuation; Appropriate Authority fixes reserve price, reductions need prior Board approval.
Procedure requires referral of acquired property to the Department's Valuation Cell for a Detailed Valuation Report with at least three comparable sales; the Appropriate Authority shall set the reserve price based on that report, and any proposal to fix it below the Valuation Cell's valuation must be submitted to the Board with detailed reasons; the determined reserve price has a limited validity period.