Approval Committee for SEZ approvals defines membership and operational authority under the Special Economic Zones framework.
Constitution of an Approval Committee under section 13 of the Special Economic Zones Act establishes a decision making body for approvals relating to the IT and IT enabled services SEZ at Butibori, Maharashtra. The notification specifies the Chairperson as the Development Commissioner and enumerates Ex Officio members from central and state departments, with the developer included as a Special Invitee and provision for nominees at prescribed minimum ranks.

Special Economic Zone designation enables sector-specific IT/ITES development under the SEZ Act following statutory approval and notification.
Central Government notification under the Special Economic Zones Act designates 10 hectares at Plot No.5, Sector-144, Noida as a sector-specific SEZ for IT and ITES. The Government recorded satisfaction that statutory prerequisites for approval were fulfilled and granted a letter of approval to M/s. IVR Prime IT SEZ Private Limited for development and operation, and exercised its power under the Act and applicable SEZ Rules to notify the land as an SEZ.

Appointment of Central Excise Officer invests Commissioner of Customs with powers to adjudicate DRI show cause notices in specified divisions.
CBEC appoints the Commissioner of Customs (Import and General), New Customs House, New Delhi as the Central Excise Officer under rule 3(1) of the Central Excise Rules, 2002 and vests him with the powers of specified Commissioners, Additional Commissioners, Joint Commissioners, Deputy Commissioners and Assistant Commissioners for the purpose of adjudicating matters arising from the Show Cause Notice issued to M/s A Square Automation Pvt. Ltd. and others by the Additional Director General, Directorate of Revenue Intelligence, New Delhi dated 9.07.2007.

Exchange rate notification updates foreign currency conversion rates for imports and exports, modifying Customs valuation and compliance calculations.
Amendment replaces specified entries in the exchange-rate schedules for Customs conversion of foreign currencies into Indian rupees, substituting revised rates in Schedule I for unit based import and export conversion and in Schedule II for the Japanese Yen, thereby updating the numerical bases used for Customs valuation and related procedural calculations.

Approval under section 35(1)(ii): college granted research status subject to audit, separate accounting and donation reporting obligations.
Approval is granted to M/s Ramakrishna Mission (unit M/s Ramakrishna Mission Residential College, Narenderapur) as a college partly engaged in scientific research for the purpose of clause (ii) of sub section (1) of section 35 read with Rules 5C and 5E, effective 1 April 2007, subject to conditions requiring utilisation of sums for research, research through faculty or students, maintenance of separate books for research receipts and expenditure, audit by a qualified accountant with filing of the audit report by the return due date, and submission of an auditor certified statement of donations and amounts applied for research.

Research exemption approval under section 35(1)(ii) granted with audit, reporting and compliance requirements; noncompliance risks withdrawal.
Approval under section 35(1)(ii) is granted to M/s B.R. Nahata Smriti Sansthan (unit: B.R. Nahata College of Pharmacy) as a College partly engaged in research, subject to utilization of sums for scientific research, research being carried out by faculty or students, maintenance of separate books and a donations statement, and submission of an auditor's report and certified statement to the tax authority by the return filing due date.

Research funding approval under tax law: payments eligible if organization meets audit, recordkeeping, and donation reporting conditions.
Approval is granted to the Institute for Studies in Industrial Development as an approved organization under the research funding tax framework, effective from 1 April 2000, conditional on utilizing received sums for social science research, conducting research through faculty or enrolled students, maintaining separate books of account for research receipts and expenditures, obtaining an audit by a qualified accountant and furnishing the audited report and an auditor certified statement of donations and amounts applied to research to the tax authorities by the return filing due date.

Import policy liberalisation: marble product imports allowed free, subject to a minimum CIF value per square metre and Nepal exception.
Amendment permits free import of specified marble products in Chapter 68 provided imports meet a CIF value threshold per square metre. An exception confines the CIF exemption for imports from Nepal to items processed or manufactured from marble mined in Nepal; products made in Nepal using imported marble are excluded. The amendment is effective retrospectively from 30 June 2008 under the Foreign Trade (Development and Regulation) Act, 1992 and the Foreign Trade Policy 2004-09.

Import conditions for Security Printing Paper: authorised presses may import without licence subject to government approval and quarterly returns.
The licensing note adds import conditions for Security Printing Paper: specified security presses may import without licence subject to actual user requirement and possession of a government letter of approval, which must be produced to Customs for clearance; importers must furnish quarterly returns of import quantity and value to the government within thirty days of each quarter's end.

Designation of SEZ as Inland Container Depot enabling customs status change and facilitation for the pharmaceuticals SEZ.
The Central Government, under subsection (2) of section 53 of the Special Economic Zones Act, 2005, by notification, appoints the specified pharmaceuticals sector Special Economic Zone at Plot No. C-21, MIDC Shendre, Aurangabad, developed by M/s. Ajanta Projects (India) Limited, to be deemed an Inland Container Depot for the purposes of the Customs Act, 1962, effecting the SEZ's customs designation and attendant facilitation.

Approval Committee constitution for pharmaceuticals SEZ establishes membership, ex officio roles and developer representation ensured.
The Central Government, under the Special Economic Zones Act, constitutes an Approval Committee for the pharmaceuticals SEZ at Plot No. C-21, MIDC, Shendre Five Star Industrial Area, Aurangabad, developed by M/s. Ajanta Projects (India) Limited. The Committee's membership is primarily ex officio, including the Development Commissioner as Chairperson, specified central and state officers, territorial Customs and Income Tax commissioners (or nominees), a Director (Banking) representative, and a developer representative as special invitee; substitute representation for the Development Commissioner is provided.

Special Economic Zone designation for a pharmaceuticals sector enables development and operation on notified land parcels for industrial use.
Notification designates a Special Economic Zone for the pharmaceuticals sector at Plot No. C-21, MIDC, Shendre Five Star Industrial Area, Aurangabad, based on an application by M/s. Ajanta Projects (India) Limited and a prior letter of approval; the Central Government, invoking its SEZ powers and relevant rules, formally notifies the enumerated survey numbers and areas listed in the Table as the sector specific SEZ for development, operation and maintenance, the parcels cumulatively comprising one hundred hectares.

Inland Container Depot designation: SEZ development deemed an Inland Container Depot under Customs Act, enabling regulatory status change.
Pursuant to sub section (2) of Section 53 of the Special Economic Zones Act, 2005, the Central Government appoints the date from which the electronic hardware and software including information technology and information technology enabled services Special Economic Zone at Plot No. 01, Sector 140 A, Noida, Uttar Pradesh, developed by M/s Sarv Mangal Realtech Pvt. Ltd., shall be deemed to be an Inland Container Depot under Section 7 of the Customs Act, 1962.

Approval Committee formation for SEZ IT and ITES project establishes membership and regulatory oversight under central SEZ law.
Constitutes an Approval Committee for the SEZ project for electronic hardware, software, IT and ITES at Plot No. 01, Sector 140 A, Noida, developed by M/s. Sarv Mangal Realtech Pvt. Ltd., established under Section 13 of the SEZ Act to exercise approval and oversight; specifies composition comprising the Development Commissioner as Chairperson, designated ex officio central and state officials, and a developer representative as special invitee.

Special Economic Zone notified for electronic hardware, software, IT and IT enabled services at Noida plot.
The Central Government, satisfied that requirements under Section 3 of the Special Economic Zones Act, 2005 were fulfilled and having granted a letter of approval, exercised powers under Section 4(1) of the Act and rule 8 of the Special Economic Zones Rules, 2006 to notify land at Plot No. 01, Sector-140A, Noida, measuring 10.045 hectares as a sector specific Special Economic Zone for electronic hardware and software, including information technology and information technology enabled services.

Extension of VAT and CST filing deadline granted for September returns, permitting submission of statutory returns until November fifth.
The Commissioner extends the time for furnishing returns under the Value Added Tax Rules and Central Sales Tax Rules for the period ending 30th September 2008, applying to Form DVAT 16, Form DVAT 17 and Form 1, and sets the final submission date as 5th November 2008.

Amendment to Income tax Rules: investment in National Skill Development Corporation shares specified as qualifying investment.
An amendment to Rule 17C of the Income tax Rules, 1962 inserts clause (vii) specifying investment by way of acquiring shares of National Skill Development Corporation as an enumerated investment; the Income tax (Ninth Amendment) Rules, 2008 are made under powers of section 295 read with clause (xii) of sub section (5) of section 11 and are deemed effective from 31 July 2008.

Deduction under section 80-IB(11C) requires Form 10CCBD accountant report verifying hospital eligibility and deduction computation.
Rule 18DDA requires an accountant's report in Form No.10CCBD with the return of income to claim the deduction under sub section (11C) of section 80 IB, specifying identification and ownership of the hospital, commencement and approval details, location, technical specifications (beds, operation theatre, labour room, laboratory, qualified doctors and nurses, emergency and diagnostic facilities), and the computation of receipts, profits and deduction claimed, accompanied by an accountant's declaration that the undertaking meets the conditions of sub section (11C) and that the accounts give a true and fair view.

Rescission of Anti-dumping Notification withdraws an earlier customs notification under the Customs Tariff Act and rules.
The Central Government, exercising statutory powers under the Customs Tariff framework and related anti dumping rules, has rescinded notification No.69/2008 Customs dated 15 May 2008, withdrawing that anti dumping customs instrument, subject to a savings clause preserving actions or omissions done before such rescission.

Anti-dumping duty on non-cooperating exporter leads to definitive levy on certain polyester yarn imports from a retrospective effective date.
The Central Government amends Notification No.15/2007 to omit S. No.5 in Table I and inserts a paragraph that the anti-dumping duty on specified polyester yarns produced and exported by M/s H.K. Corporation, treated as a non-cooperating exporter for violating a price undertaking, shall be levied with effect from the 15th November, 2007, implementing the definitive duty recommended by the designated authority.