Import prohibition on the book The True Furqan extends to extracts, reprints and translations on security grounds.
The Central Government, invoking customs powers, absolutely prohibits import of the book "The True Furqan" ("The 21st Century Quran") on security grounds; the ban expressly extends to any extract, any reprint or translation, and any document reproducing any matter contained in the work.

Anti-dumping duty extension for Oxo Alcohols preserves existing import relief pending completion of a sunset review.
Continuation of anti-dumping duty on Oxo Alcohols under heading 2905 is extended pending a sunset review; the Central Government amended the earlier customs notification to provide that the existing anti-dumping duty shall remain effective up to and inclusive of a specified terminal date, preserving the duty and investigatory status quo during the review period under the Customs Tariff Act and the applicable anti-dumping rules.

Import valuation threshold for calcareous stone conditions free entry when cif exceeds specified per cubic metre minimum.
The amendment adds specific EXIM codes for calcareous stone, marble, travertine and allabaster to Schedule I (Imports) and classifies them as Free, subject to the operative valuation condition that import is permitted freely provided cif value is US $ 2700 & above per cubic metre; all other terms of the prior notification remain unchanged.

Tariff Schedule Amendments update classification and duty rates for leather, footwear, metals and textiles effective immediately.
The notification inserts definitions for "article of leather" and "dyed" and prescribes adult/children size thresholds for leather footwear, then substitutes, renumbers and inserts multiple tariff items and entries across Chapters 33, 41, 42, 57, 64, 70, 74, 82, 83 and 95, changing item descriptions, units of assessment and applicable duty entries to govern classification and assessment under the Customs Drawback Rules.

Recognition renewal under Securities Contracts (Regulation) Act permits Pune Stock Exchange to operate in securities subject to conditions.
SEBI renews recognition of the Pune Stock Exchange Limited under the Securities Contracts (Regulation) Act for a one year period commencing 2nd September 2005 and ending 1st September 2006 for contracts in securities, exercising powers under Section 4 and subject to conditions to be prescribed or imposed.

Exemption threshold amendment reduces prior percentage under customs notification, altering the scope of exemption and entering into force.
An amendment substitutes the preamble percentage in Notification No. 85/2004-Customs with twenty five per cent. The change is effected under sub-section (1) of section 25 of the Customs Act, 1962, as necessary in the public interest, and the amendment comes into force on 1st September 2005.

Anti-dumping duty on NBR imports: differentiated rates by origin, exporter and producer, payable in domestic currency.
The Central Government, under section 9A and relevant anti-dumping rules, imposes specified anti-dumping duties on acrylonitrile butadiene rubber (heading 4002) from Korea R P and Germany, with differentiated per-metric-tonne rates in US dollars according to country of origin, country of export, producer and exporter. Duties are payable in Indian currency, the applicable rate of exchange is determined by Government notification with the bill-of-entry date as the relevant date, and the notification fixes the period of effectiveness through the stated expiry.

Minimum investment requirement for EOU eligibility tightened; exemptions specified and BOA retains discretion to relax criteria.
Amendment to the Foreign Trade Policy establishes a minimum investment requirement in plant and machinery as a condition for consideration as Export Oriented Units, while excluding existing units in EHTP/STP/BTP and specified sectors (handicrafts, agriculture, floriculture, aquaculture, animal husbandry, information technology, services, brass hardware, handmade jewellery) from that requirement. The Board of Approval may permit EOUs with a lower investment criterion in suitable cases.

DTA sale at concessional duty: specified items excluded and EOUs may sell in DTA only with positive NFE.
Amendment specifies items excluded from DTA sale at concessional duty, adding marble and retaining motor cars, tea (except instant tea), pepper and pepper products as ineligible; units performing certain processing activities are barred from receiving concessional DTA sales. EOU/EHTP/STP/BTP units may sell finished products in the DTA against payment of full duties and on intimation to the Development Commissioner if they have achieved positive NFE, but this permission excludes Pepper & Pepper products and Marble freely importable under the Policy.

Import policy amendment: marble and related stone imports now subject to licensing or a cif value threshold for free import.
Amendment designates specified Exim codes for crude/roughly trimmed stone, blocks and slabs as Restricted, making import subject to an Import Licensing Note No. (2) to be inserted in Chapter 25 linked to an existing policy circular; other Exim codes for tiles, marble blocks, monumental blocks, travertine, alabaster and calcareous stone are declared Free provided imports meet a specified cif value threshold per cubic metre.

Tariff value fixation: substitution of tariff value table for specified oil and brass scrap imports under Customs Act.
The Board, under powers conferred by the Customs Act, issues Notification No.76/2005-Customs (N.T.) to substitute the Table in Notification No.36/2001-Cus (N.T.) with a new Table listing tariff value (US$ per metric tonne) entries for specified goods, including grades of palm oil and palmolein, crude soyabean oil and brass scrap (all grades); most entries are indicated as unchanged.

Passenger manifest transmission requirement: electronic delivery before departure; amendments must be transmitted to Customs promptly.
The passenger manifest form is amended to add Passport/Official travel document details, PNR details and specified use fields. The passenger manifest must be delivered before departure and transmitted electronically to Indian Customs; where electronic delivery is not possible it may be delivered in a manner acceptable to the Commissioner of Customs under prescribed procedures. Amendments to the manifest must be transmitted to Indian Customs as soon as made and before departure.

Passenger manifest requirements: electronic transmission promptly after flight departure; alternative delivery acceptable to customs commissioner.
Form II (Passenger Manifest) is amended to substitute the "Surname and initials" column with fields for owner/operator use, official use, passport/official travel document details, PNR details and preparer pagination. A new regulation requires the passenger manifest to be delivered promptly after flight closure and departure and transmitted electronically to Indian Customs; if electronic transmission is impossible for unavoidable reasons, submission in a manner acceptable to the concerned Commissioner of Customs is permitted under prescribed procedural conditions.

Demutualisation requires segregation of ownership and trading rights, voting cap for trading shareholders and public majority shareholding.
Approval of the Cochin Stock Exchange Demutualisation Scheme establishes segregation of ownership and management from trading rights, requires at least 51% public shareholding excluding trading-right holders, limits voting rights of any trading-member shareholder (with concert parties) to 5%, restricts trading-member representation on the Governing Board to one-quarter, mandates incorporation of Scheme provisions into constitutional documents, requires transfer of clearing functions to a recognised Clearing Corporation within the transitional period, restricts use of assets and reserves, and imposes ongoing compliance and reporting obligations to SEBI.

Demutualisation and corporatisation: trading-member voting capped and public shareholding mandated, with governance and clearing reforms by regulator.
The Scheme approves re-registration of The Hyderabad Stock Exchange Limited as a company limited by shares, prescribes member subscription and allotment of equity, and separates ownership from trading rights. It limits member representation on the Governing Board, allows SEBI director nominations, and requires uniform admission standards for Trading Members. Crucially, voting rights of shareholders who are trading members are capped at 5% and at least 51% of equity must be held by the public other than shareholders with trading rights. The Scheme mandates incorporation into constitutional documents, restricted use of assets and reserves, transfer of clearing functions within two years, and ongoing compliance reporting.

Demutualisation imposes segregation of ownership and trading rights with governance, shareholding and compliance requirements.
The Scheme mandates demutualisation by segregating ownership and management from trading rights, requiring incorporation of provisions into BgSE's constitutional documents, limiting Trading Member representation on the Governing Board to one fourth with the Chief Executive as an ex officio director, and permitting SEBI nominations. It prescribes registration, admission standards, dues settlement and surrender rules for Trading Members, requires at least 51% equity to be held by the public other than trading shareholders, caps voting rights of trading shareholders at 5%, restricts use of assets and reserves, and mandates transfer of clearing functions to a recognized Clearing Corporation within two years.

Corporatisation and demutualisation: SEBI approval requires re registration, governance limits, shareholding re structuring and compliance.
SEBI approved a scheme requiring the Gauhati Stock Exchange to re-register as a company limited by shares, allot equity shares to existing members (not constituting a public offer), incorporate the Scheme into its constitutional documents, and implement governance, shareholding and trading rights rules including limits on trading members' board representation and voting rights; transfer clearing functions to a recognised Clearing Corporation within the prescribed period; restrict use of assets and reserves to specified exchange liabilities and operations; and report compliance to SEBI, which may amend or relax Scheme provisions as necessary.

Demutualisation of stock exchange reorganises trading rights and governance to separate ownership from management and restrict trading control.
The Scheme mandates statutory demutualisation of UPSE by segregating ownership and management from trading rights, requiring incorporation of Scheme provisions into UPSE's constitutional documents by the Due Date, and converting members on the day preceding the Due Date into Trading Members and Shareholders. Admission to trading membership post Due Date must follow uniform capital, deposit and fee standards, and Trading Members' representation on the Governing Board is limited while SEBI may nominate directors. The Scheme also requires majority public shareholding, caps on trading shareholders' voting rights, restrictions on asset utilisation, transfer of clearing functions to a recognised Clearing Corporation, and ongoing compliance reporting to SEBI.

Demutualisation requirements limit trading member voting rights and require majority public shareholding after corporatisation.
The Scheme mandates re registration of the Pune Stock Exchange as a company limited by shares, prescribes share allotment to Members (including additional shares for multiple memberships), and requires incorporation of Scheme provisions into corporate instruments. It caps Trading Member representation on the Governing Board and limits voting rights of shareholder Trading Members to no more than five percent while requiring at least fifty one percent public shareholding. The Scheme sets uniform admission standards for Trading Members, preserves trading liabilities and client rights, restricts use of assets and reserves, and requires transfer of clearing functions to a recognised clearing corporation within two years subject to approval.

Demutualisation of a stock exchange: scheme mandates corporatisation, transfer of assets and separation of ownership from trading rights.
SEBI approved a Scheme for corporatisation and demutualisation whereby the unincorporated Madhya Pradesh Stock Exchange will be succeeded by a company limited by shares that shall assume all assets, liabilities, contracts, recognitions and employees from the operative date. The Scheme prescribes member share subscription and allotment, governance composition with limits on trading member representation, separation of trading rights from shareholding, majority public ownership requirement, restrictions on voting influence of trading shareholders, safeguards on asset utilisation, transitional clearing arrangements, incorporation of Scheme terms into the company's constitutional documents, and continuous compliance and reporting to the regulator.