Customs exemption amendment revises a tariff entry and removes specified goods from exemption lists, narrowing exemption coverage.
Substitutes the Table entry for serial number 202, item (I) with "NPK 13:05:26" and omits specified item numbers from List 3 and from List 4 of the principal Customs exemption notification, thereby modifying the scope of goods covered by Notification No. 12/2012-Customs.

Rescission of anti dumping notification withdraws prior instrument while preserving previously completed actions.
The Central Government, invoking powers under the Customs Tariff Act and the anti dumping rules, rescinds Notification No. 10/2010 Customs, withdrawing that prior anti dumping instrument, while preserving actions or omissions completed before the rescission.

Anti-dumping duty on melamine imposed with specified per tonne rates, five year duration and exchange rate calculation rules.
The Central Government has imposed a definitive anti-dumping duty on melamine imports from the People's Republic of China based on findings of continued dumping and injury. Duties are specified as per-unit amounts in US dollars per metric tonne, with producer- and exporter-specific entries alongside general rates; provisional assessments under an earlier notification will be finally assessed against these entries. The duty is payable in Indian currency, with the exchange rate determined by notifications under the Customs Act and the relevant date for exchange being the bill of entry presentation. The duty applies for a five-year period unless earlier altered.

Anti-dumping duty on mulberry raw silk from China imposed, domestic industry injury addressed and duty payable in Indian currency.
Definitive anti-dumping duty is imposed on Mulberry Raw Silk (not thrown) of grade 3A and below originating in or exported from the People's Republic of China, applied at the monetary rate and unit specified in the notification's table, effective for five years and payable in Indian currency with exchange-rate conversion as per Government notification.

De-notification of SEZ land reduces the textile zone after state no-objection and administrative recommendation.
De-notification of a portion of a sector specific Special Economic Zone for textiles at Hassan is effected by the Central Government under the Special Economic Zones framework, reducing the previously notified area to a smaller resultant area. The action is taken pursuant to the second proviso to sub section (1) of Section 4 of the Act and rule 8 of the Rules following a proposal by the State industrial promotion board and recommendation by the Development Commissioner, and after the State Government furnished its no objection.

Central Registration Centre for company name reservation centralises processing of INC 1 applications under ROC Delhi control.
Establishes a Central Registration Centre (CRC) to process and dispose of e Form INC 1 name reservation applications across India, under the administrative control of the Registrar of Companies, Delhi (who will act as CRC Registrar until a separate Registrar is appointed); e Form INC 29 name processing remains with the respective Registrar of Companies; CRC located at the Indian Institute of Corporate Affairs, IMT Manesar, Gurgaon; effective 26 January 2016.

Reservation of company name: revised INC 1 and registrar powers for approval, rejection and document rectification.
Amendments substitute Rule 9 to require that applications for reservation of a name be made in Form INC-1 with the prescribed fee and may be approved or rejected by the Registrar, Central Registration Centre. Rule 36 is amended to permit a third opportunity for rectifying defective documents after resubmission, subject to a total resubmission period not exceeding thirty days. The principal Form INC-1 is also replaced by a revised Form INC-1 detailing applicant, promoter and proposed-director information, proposed name particulars, required attachments and statutory declarations.

Corrigendum corrects notification date in the English version, amending the cited date to the original issuance.
Corrigendum amends the English text of Notification S.O. 3313 (E) by substituting "9th December, 2015" with "8th December, 2015" in line 5, aligning the printed English date with the intended issuance; issued as Notification No. 4/2016 by the Ministry of Finance (Department of Revenue, Central Board of Direct Taxes).

Presidential Award of Appreciation Certificate granted to named customs and central excise officers under the departmental awards scheme.
Grant of Presidential Award of Appreciation Certificate to specified officers of the Customs & Central Excise Department on Republic Day, 2016 is authorized under clause (a)(ii) of Para 1 of the departmental awards Scheme (Gazette notification of 1962, as amended). The notification lists thirty four named officers across grades who are to receive the Appreciation Certificate for a specially distinguished record of service, and records the administrative basis for conferring the certificates.

Sunset clause for excise exemptions limits their duration and excludes goods undergoing only minor processing in Jammu and Kashmir.
Amendments add a sunset clause to Notifications No.56/2002 and No.57/2002, limiting exemption applicability to no later than 31st March, 2016, and insert a provision excluding from the exemption goods in the State of Jammu and Kashmir that have been subjected only to preservation, cleaning, packing or repacking in a unit container, labeling or re-labelling, sorting, or declaration/alteration of retail sale price and not to any other processes amounting to manufacture.

Renewal of recognition granted to a clearing corporation, with corporate name substitution following Registrar certification.
The Securities and Exchange Board of India renewed recognition of MCX-SX Clearing Corporation Limited for one year commencing 3 October 2015 and ending 2 October 2016 under the Securities Contracts (Regulation) Act; following certification by the Registrar of Companies, Mumbai that the entity was renamed, the notification substitutes the name with Metropolitan Clearing Corporation of India Limited, effective from the certified date.

Investor Protection Fund contribution required from depository profits, to be credited annually at Board-specified percentage.
Every depository is required to credit five per cent, or such percentage as may be specified by the Board, of its profits from depository operations each year to the Investor Protection Fund, pursuant to the substituted Regulation 53C(2), with the amendment effective from September 11, 2012.

Exchange and depository services inclusion: SEBI amends ICDR Schedule X to add services relating to securities.
Amendment to Schedule X inserts a new item (9) specifying services provided by recognised stock exchanges and registered depositories, in relation to securities and renumbers the former items (9) and (10) as (10) and (11); the regulations take effect on publication in the Official Gazette.

Appointment Procedure for AAR leadership requires open advertisement, selection committee shortlist, and medical fitness clearance.
Appointment to the posts of Chairman and Vice-Chairman requires open advertisement, applications through the Registrar of the Supreme Court or High Court, selection by a Committee (chaired by the Chief Justice of India or a nominated Judge and including Secretaries from Finance, Law and Personnel), a quorum of any three members including the Chair, a panel of three recommended names in priority order, and mandatory medical fitness certified by a Central Government constituted Medical Board.

Appointment Procedure for President establishes selection committee, panel recommendation and medical fitness requirement via open advertisement.
Appointment procedure requires public advertisement and Registrar-submitted applications, selection by a Committee chaired by a Supreme Court nominee with specified central government secretaries, a quorum of three including the Chairman, authority for the Committee to set its own selection procedure, and a mandatory recommendation of a panel of three names in order of priority; appointment is contingent on declaration of medical fitness by a Central Government constituted Medical Board.

Restriction on overseas immovable property acquisition: residents need Reserve Bank permission, with limited exceptions and permitted modes.
Restriction on acquisition or transfer of immovable property outside India requires Reserve Bank general or special permission for residents, with exemptions for residents who are nationals of a foreign state and pre 1947 acquisitions retained with permission. Residents may acquire property abroad by gift or inheritance from specified persons, by purchase using funds in an RFC account, or jointly with a non resident relative without funds outflow. Inheritance or gifts from residents who complied with foreign exchange rules at original acquisition are permitted. Indian companies with overseas offices may acquire property for business and staff housing per Reserve Bank directions.

Import restriction on natural rubber under Advance Authorisations bars imports for authorisations issued or revalidated during the suspension period.
Amendment to paragraph 4.18 of the Foreign Trade Policy 2015-20 inserts a subparagraph prohibiting import of natural rubber under Advance Authorisations issued or revalidated on or after 21 January 2016; the import facility under such Advance Authorisations is unavailable with immediate effect up to 31 March 2016.

Exchange rate determination sets conversion rates for various foreign currencies for import and export with effect from late January.
Determination prescribes distinct conversion rates for specified foreign currencies to Indian rupees for imported and export goods, effective 22nd January, 2016, replacing the prior notification; annexed schedules list currency-specific rates including a schedule quoting rates per 100 units and a note records a later substitution of one entry.

Foreign currency account rules restrict residents but permit specified account types with defined eligibility and utilisation conditions.
The Regulations generally prohibit residents from opening or maintaining foreign currency accounts except as expressly permitted. Permitted in India accounts include EEFC, RFC and Resident Foreign Currency (Domestic) Accounts with defined eligibility, permissible credits and debits, operating features and restrictions; special provisions apply to SEZ units, exporters, DDAs and other categories. Accounts outside India are permitted for authorised dealers, overseas branches/offices of Indian entities subject to remittance limits and closure conditions, for exporters with approvals, for Overseas Direct Investment subject to utilisation and repatriation rules, and for startups with overseas subsidiaries, with authorised dealers bound to follow RBI directions and reporting obligations.

Import port restriction for natural rubber: imports permitted only through Chennai and Nhava Sheva ports under amended policy.
The Central Government has imposed a port-specific import condition for natural rubber under the relevant Exim classification, authorising imports of all varieties/forms only through the sea ports of Chennai and Nhava Sheva (Jawaharlal Nehru Port), under powers derived from the foreign trade statutory framework and the Foreign Trade Policy.