Exemption for locomotive parts: parts manufactured by Indian Railways factories are exempt when used for reconditioning locomotives.
An amendment adds an exemption for parts of diesel locomotives where manufactured by a factory belonging to the Indian Railways and used for reconditioning of railway locomotives by the Indian Railways including its undertakings, by inserting a new entry in the Table of the Central Excise exemption notification.

Commencement of Constitutional Amendment: government appoints a specific date for the Eighty-sixth Amendment to take effect.
The Central Government, exercising the power conferred by sub section (2) of section 1, appoints a specific date on which the provisions of the Constitution (Eighty-sixth Amendment) Act, 2002 shall come into force.

Value addition requirement for Advance Authorisation tightened, with specified exemptions and sectoral rules applying under Foreign Trade Policy
Advance Authorisation exports must satisfy a minimum value addition of 15%, except for items specified in Appendix 11B of HBP v1; Gems and Jewellery sector value addition shall be governed by paragraph 4A.2.1 of HBP v1.

Delhi VAT refunds: embassies and international organizations must file DVAT 23 quarterly, keep invoices, and meet invoice threshold.
Amendment to Rule 35 requires purchases eligible for refund to be against a tax/retail invoice with a sale price per invoice exceeding Rs. 5,000 (or amount notified by the Commissioner); relaxation on retail invoice production is confined to Embassies, High Commissions, International Organizations and their qualified persons. Those organizations must file refund claims in Form DVAT 23 within three months from the end of the relevant quarter; claimants must retain supporting invoices for one year from refund date, and the Commissioner will stamp and return invoices with the refund order in Form DVAT 22.

Fixation of tariff values establishes standardized import valuation benchmarks for specified oils, brass scrap and poppy seeds.
Amendment substituting the Table in Notification No. 36/2001-Cus (N.T.) by exercise of powers under sub section (2) of section 14 of the Customs Act, 1962, to fix tariff values in US$ per metric tonne for specified tariff items. The new Table sets tariff values for Crude Palm Oil, RBD Palm Oil, other Palm Oil variants, Crude Palmolein, RBD Palmolein, other Palmolein variants, Crude Soyabean Oil, Brass Scrap (all grades) and Poppy Seeds, with certain entries noted as unchanged and others assigned specific tariff values.

Customs exemption for aircraft used for flight calibration requires undertaking to use only for calibration and prohibits sale.
Amendment requires an undertaking to customs that aircraft imported by the Airports Authority for flight calibration will be used only for flight calibration, that duty will be paid on demand if not so used, and that the aircraft will not be sold or transferred; and it permits imports for servicing, repair or maintenance of aircraft imported or procured by the Airports Authority for flight calibration purposes.

Appointment and cessation of directors: new e-Form mandates detailed disclosures, consents, verification and prescribed attachments.
Substitution of Form No. 32 establishes a single electronic form to record appointments, cessations and designation changes of Managing Director, directors, manager and secretary, including mandatory identification fields (CIN/SRN, DIN, PAN), category and nominee details, and provisions for consent, qualification-share undertakings and evidence of cessation. The form mandates declarations verifying non-disqualification, requires prescribed attachments, board authorization where applicable, digital signature by an authorized officer (distinct where necessary), and a certification by a practicing accountant or company secretary, with office-use registration details for filing.

Import of new vehicles restricted to specified customs and air cargo ports, limiting authorised entry points for vehicle imports.
The notification amends the Import Licensing Note to permit the import of new vehicles only through designated customs ports and air cargo complexes, prescribing exclusive authorised locations as the sole entry points for new vehicle imports under the Foreign Trade Policy.

Appointment of Appeals Commissioners: Customs appellate officers vested to decide assigned Central Excise appeal cases within jurisdiction.
Notification appoints Commissioners of Customs (Appeals) as Commissioners of Central Excise (Appeals) and invests them with authority to decide Central Excise appeal cases assigned to them by Chief Commissioners, to be exercised within the respective jurisdictions specified by the Board.

Special Economic Zone notification for IT/ITeS authorises developer, constitutes Approval Committee, and designates ICD/Port.
Authorization issued for a sector specific Special Economic Zone for IT/ITeS at Siruseri, Kanchipuram District, Tamil Nadu, to M/s. Xansa India SEZ Development Pvt. Ltd., with notified area comprising parts of survey numbers 75 and 76 totaling 10.02 hectares; an Approval Committee is constituted with specified ex officio members and a developer representative as special invitee; the zone is designated an Inland Container Depot/Port under the Customs Act, 1962 effective from a day in 2009.

Export prohibition exemption: limited wheat export to Nepal allowed via public agency from central pool at economic cost.
The export prohibition on wheat is amended to exempt a specified limited quantity for export to Nepal, to be exported by the public agency from Central Pool stocks and supplied at economic cost as an exception to the general ban.

Customs exemption for refined or white sugar clarified by amendment, restricting the exemption to a specified import period.
Amendment to Notification No. 21/2002 Customs under section 25(1) substitutes the Table entry for Sl. No. 38BB, limiting the exemption to refined or white sugar imported up to and inclusive of the specified terminal import period set by the amendment.

Tariff based competitive bidding allows mega power projects to forgo international competitive bidding when power is tied up or awarded.
Paragraph 8.4.4(iv) of the Foreign Trade Policy is amended to allow an exemption from the international competitive bidding requirement for mega power projects where the required quantum of power has been tied up through tariff based competitive bidding or where the project has been awarded through tariff based competitive bidding, making tariff based competitive bidding a substitute for ICB in these specific circumstances.

Exemption for value addition duty reduces excise liability for Jammu and Kashmir units, subject to table rates, procedures and compliance.
Exemption exempts from excise duty an amount equivalent to duty payable on value addition for goods cleared from units in Jammu and Kashmir, with percentage rates set by a Table tied to tariff chapters and inputs. Claimants must submit monthly statements, utilise CENVAT credit first where applicable, and may elect account-current credit instead. A special rate reflecting actual value addition may be fixed on application supported by audited calculations; eligibility is limited to new units and qualifying expanded existing units for up to ten years, with specified exclusions and recovery mechanisms for irregular credits.

Special Economic Zone designation establishes sector specific SEZ for electronic hardware and IT/ITES at Sohna and creates approval committee.
Notification designates a sector specific Special Economic Zone for Electronic Hardware and IT/ITES at Sohna, Gurgaon, specifying land parcels totaling 10.202 hectares and constituting an Approval Committee comprising SEZ administration, commerce/trade, customs/central excise, income tax, banking, two state nominees and the developer as special invitee; it also appoints a November 2009 date from which the SEZ is deemed to be an Inland Container Depot/Port for customs purposes.

Appointment of VAT inspector to assist Commissioner under statutory authority, effective on assumption of charge.
Pursuant to statutory authority under the Delhi Value Added Tax Act and the corresponding rule, the Lt. Governor, through the Finance (T&E) Department, appoints Sh. Sunil Kumar Singh as Joint Commissioner/Deputy Commissioner/Assistant Commissioner of Value Added Tax to assist the Commissioner in administering the Act; the appointment is effective from the date of assumption of charge and is notified in the department's name.

Special Economic Zone area adjusted: additional parcel notified and specified parcels de notified to revise the SEZ boundary.
Notification under the Special Economic Zones Act, 2005 adjusts the geographic extent of the sector specific Special Economic Zone for information technology and information technology enabled services at Hinjewadi by formally notifying an additional parcel and de notifying specified parcels. Exercising powers under section 4 and rule 8, the Central Government records approval of the developer's proposals and lists the affected survey numbers with originally notified area, area added, area de notified, and the resultant area for each parcel to effect the revised SEZ boundary.

De-notification of Special Economic Zone land for agro-processing reconfigures the SEZ territorial schedule and parcel listings.
The Central Government, exercising powers under the Special Economic Zones Act, 2005 and rule 8 of the Special Economic Zone Rules, 2006, approved a proposal by the state development agency to de-notify specified land parcels within the Sector Specific SEZ for Agro Processing at Latur, and issued a notification listing the affected villages, survey and hissa numbers with original, de-notified and resultant area figures to amend the SEZ territorial schedule.

Establishment of Special Economic Zone: plot identification amended for IT/ITES SEZ at Navi Mumbai, altering developer's notified plot.
The Central Government, under Section 4 of the Special Economic Zones Act, 2005 and the SEZ Rules, amends the earlier notification authorizing an IT/ITES SEZ at Navi Mumbai by M/s. K. Raheja Universal Private Limited by substituting in paragraph 1 the words "Raheja Infocity-II, Plot No. 2/1/C" with "Raheja Infocity- I, Plot No. 2/1/B", thereby revising the notified plot identification for the approved SEZ.

Zero coupon bond specified: Bhavishya Nirman Bond terms set for issuance, maturity value, discount and conditions.
The notification specifies the Bhavishya Nirman Bond as a ten year zero coupon bond of NABARD, fixes the bond life at ten years, requires issuance by the announced deadline, sets a fixed redemption amount per bond, leaves the discount to be decided by NABARD at issue, and specifies the total number of bonds; the specification is subject to fulfillment of the conditions in the applicable sub rules of the Income tax Rules, 1962.