Concessional customs duty for SAFTA-origin goods from Pakistan and Sri Lanka under specified tariff schedules
Concessional customs duty is granted on specified goods imported into India from Pakistan and Sri Lanka under the SAFTA framework, subject to proof of origin under the SAFTA Rules of Determination of Origin. The exemption applies to the goods listed in Table I and Table II at the rates specified there, while goods listed in Table III are excluded from the benefit. The notification replaces the earlier customs exemption notification and takes effect from 1 January 2013.

Tariff revision: substituted customs duty schedule for specified HS codes, altering import duty rates under Customs Act.
Amendment substitutes the Table in Notification No.53/2011-Customs with a comprehensive schedule listing HS chapters, headings, sub-headings and tariff items paired with specified customs duty rates, thereby revising the duty classification and rates for the enumerated goods. The change is effected under the authority of the Customs Act and takes effect from the stated commencement date, superseding the previous schedule and applying to imports covered by the listed tariff items.

Customs Tariff Amendment: substituted import duty schedule for specified goods, updating applicable rates and scope under the notification.
Substitution of the Table in Notification No.152/2009-Customs replacing the tariff schedule with a consolidated list of tariff headings and corresponding import duty rates for the listed goods; the Central Government, exercising executive powers under the Customs Act, declares the substituted Table operative for the purposes of the notification and its amendments, and brings the amendment into force from the stated commencement date.

Customs tariff amendment updates import duty entries for specified table items under Customs Act via notification.
Amendment to the customs tariff substitutes the entries in column (4) of the Table in Notification No.69/2011 Customs for the specified serial numbers, thereby changing the applicable tariff entries for those listed imports; the Central Government exercises its authority under the Customs Act to make the substitutions and declares the amendment effective from the commencement date specified in the notification.

Duty concessions under ASEAN India FTA: substituted tariff schedule sets revised concessional rates for listed goods.
Substitutes the Table in Notification No.46/2011 Customs with a new tariff schedule prescribing revised concessional duty rates for numerous tariff chapters, headings and items to implement duty concessions under the ASEAN India FTA; the amendment takes effect from the commencement date stated in the notification and is issued under section 25(1) of the Customs Act, 1962.

Duty exemption for crude petroleum imports from Brunei contingent on origin proof under ASEAN India Rules.
Exempts Crude Petroleum oils and oils obtained from bituminous minerals under tariff sub heading 2709 00 from whole customs duty when imported from Brunei Darussalam, conditional upon importer proving origin to the satisfaction of the Deputy or Assistant Commissioner of Customs under the Customs Tariff Determination of Origin Rules applicable to the ASEAN India Preferential Trade Agreement; effective from 1 January 2013 with a subsequent substitution updating the tariff wording effective from 2022.

No TDS on specified bank service payments when paid to eligible domestic banks, clarifying withholding obligations and scope.
Notification under section 197A(1F) provides that no deduction of tax at source shall be made on specified service payments-including bank guarantee commission, cash management service charges, depository charges for DEMAT maintenance, warehousing charges, underwriting charges, clearing (MICR) charges, and merchant-acquirer card commission-where such payments are made to domestic banks listed with the Reserve Bank, excluding foreign banks, effective from the notified commencement date.

Tariff value amendment updates customs valuation for specified oils, brass scrap, poppy seeds, and precious metals.
Amendment under the Customs Act substitutes TABLE-1 and TABLE-2 of the principal notification to set revised tariff values in USD for identified imported goods, listing tariff-heading-linked values per metric tonne for edible oils, oil products, brass scrap and poppy seeds, and unit-based USD valuations for gold and silver where specified notification benefits are claimed.

Prevention of Money laundering amendment: adds named persons to Special Courts notification under statutory power and consultation.
The Central Government, exercising statutory powers and in consultation with the Chief Justice of the High Court, amended Notification S.O. 1435(E) dated 28th June, 2012 by inserting the words "Shri Hari Narayan Rai and Others" after "Shri Anosh Ekka," as published in S.O. 2618(E).

Appointment of Whole Time Member - Shri S. Raman named with fixed-term service and specified pay conditions.
Central Government appoints Shri S. Raman as Whole Time Member of the Securities and Exchange Board of India under Section 4(1) of the SEBI Act read with rule 3 of the SEBI (Terms and Conditions of Service of Chairman and Members) Rules, 1992, effective from assumption of charge; remuneration offered either in the scale of pay admissible to an Additional Secretary or a consolidated salary of Rs. 2,50,000 per month; tenure for five years or until attainment of sixty five years of age or until further orders, whichever is earliest.

Removal of Project Approval Board - notification omits its heading and entries, altering the regulatory text under industrial law.
Exercising powers under section 14 of the Industries (Development and Regulation) Act, 1951 and the Registration and Licensing Rules, the Central Government amends the principal notification by omitting the heading "Project Approval Board" and all entries thereunder, effecting a textual deletion of that organizational provision from the notified regulatory framework.

VAT amendment expands valuation and reporting obligations, increases collection rate, and tightens PAN and IEC disclosure requirements.
Amendments revise VAT valuation by deeming oil companies' receipts equivalent to retailer prices, raise the collection rate to four percent by substituting prior percentages and removing provisos, assign audit and examination expenses to be determined and paid by the Commissioner (including professional remuneration) with that determination final, and expand dealer registration rules to require declaration of manager name, PAN and IEC with transitional filing obligations and specified penalties for failure to comply.

Industrial park tax deduction under section 80-IA: approval conditional on specified infrastructure, operational and compliance requirements.
Approval notifies M/s iLABS Hyderabad Technology Centre Pvt. Ltd.'s industrial park as eligible for benefits under clause (iii) of sub-section (4) of section 80-IA, subject to terms: specified location, permitted activities, allocable area split, minimum number of units, investment and commencement details; infrastructure expenditure minima (50% or 60% where built-up space provided) and defined infrastructure scope; restriction on single-unit area occupancy; requirement to obtain statutory approvals; tax benefits contingent on meeting unit and operational requirements; and invalidation or withdrawal provisions for misinformation, nondisclosure, unapproved amendments, transfers without intimation, or failure to comply.

Incremental Exports Incentivisation Scheme grants duty credit scrips for verified incremental export growth, subject to exclusions and regional limits.
A new Incremental Exports Incentivisation Scheme entitles each IEC holder to a duty credit scrip on verified incremental export growth over a defined reference period, subject to year on year financial growth and disallowing aggregation across group entities. Numerous exports and transaction types are excluded from performance calculation-including re exports, SEZ/EOU/STPI exports, deemed and service exports, third party exports, precious metals and stones, ores, cereals, sugar, crude petroleum and milk products-along with exports to certain jurisdictions and meat and meat products. The scheme is regionally limited and the scrips are freely transferable and usable for domestic sourcing.

On-site post clearance audit now specifies Superintendent of Customs and Central Excise or Appraiser as responsible officer.
The amendment substitutes the words "proper officer" wherever they occur in the On site Post Clearance Audit at the Premises of Importers and Exporters Regulations, 2011 with the words "Superintendent of Customs and Central Excise or Appraiser," taking effect on publication in the Official Gazette.

Renewal of recognition for a regional stock exchange subject to compliance with stock exchange regulations and SEBI conditions.
Renewal of recognition to Vadodara Stock Exchange Limited under Section 4 of the Securities Contracts (Regulation) Act, 1956 is granted for a one year period in respect of contracts in securities, conditional on commencement of trading only after complying with the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2012 and SEBI Circular MRD/DSA/SE/Cir-12/09 (dated October 7, 2009), and on adherence to any other conditions prescribed by SEBI.

Notice of registered office or change requires company ID, new address, proof attachments, officer declaration and professional verification.
The Central Government substituted the prescribed Form 18 for notice of the situation or change of a company's registered office, effective 25 December 2012. The form requires company identification, present and new registered addresses with effective date, police station jurisdiction, and Registrar of Companies office details where applicable. Mandatory attachments include proof of address and, if relevant, no-objection or permission documents. The filing must include an authorised officer's declaration and a professional certificate verifying company records and availability of the premises; the e-form process requires digital signature and electronic submission.

Director Identification Number: amended form mandates PAN for Indian nationals, passport for foreigners, affidavit and attested identity verification.
Amendment substitutes Form DIN-1 to prescribe mandatory data, documentary attachments and an affidavit for allotment of a Director Identification Number, requiring PAN for Indian nationals and passport for foreign nationals, attested proof of identity and residence, certifications by an authorised verifier, and digital signing by authorised practitioners, with provisions for correction of PAN data and consequences for false information.

Directors identification forms now require verification of identity, attested photograph, and certification of attached documents.
The substituted certification in Form DIN-4 requires the certifier to verify the identity of the director/designated partner by perusing originals of attached documents, attest the applicant's photograph, confirm the applicant is personally known to the certifier or met the certifier in person with originals of the attached documents, and certify that all required attachments have been completely attached to the application.

Assignment of Show Cause Notice: referred for adjudication to Commissioner of Customs (Import), Jawaharlal Nehru Custom House.
The Board, invoking Notification No. 15/2002 Customs (N.T.) under the Customs Act, assigns Show Cause Notice DRI F. No. DRI/SRU/INV-21/2010 (25 September 2012) concerning M/s Savera Tex to the Commissioner of Customs (Import), Jawaharlal Nehru Custom House, Nhava Sheva, for adjudication, and circulates copies to the DRI Zonal Unit and relevant Customs Commissioners and officers with an electronic copy to the Board's webmaster.