Ministerial staff training unit jurisdiction expanded to cover entire principal chief commissioner regions with designated supervisory institutes.
Functional jurisdiction of Ministerial Staff Training Units (MSTUs) is extended to cover the entire territorial jurisdiction of the corresponding Principal Chief Commissioner or Chief Commissioner of Income-tax, under the Cadre Restructuring Plan 2014. Each MSTU is aligned with a specified Pr. CCIT/CCIT region and a designated Supervisory Direct Taxes Regional Training Institute (DTRTI). Principal Chief Commissioners are designated as the Cadre Controlling Authorities for MSTUs in their regions, centralising administrative control and oversight of training cadre matters.

Provisional safeguard duty on saturated fatty alcohol imports imposed with time-limited relief and specified exemptions.
Imposition of a provisional safeguard duty on imports of saturated fatty alcohols (C8-C18) under specified tariff sub-headings, based on preliminary findings of increased imports causing or threatening serious injury to domestic producers, exercised under the Customs safeguard framework; certain developing-country imports are exempted except for three named countries, and the provisional duty is effective for a fixed short-term period from Gazette publication unless earlier revoked, superseded or amended.

Appointment of Assistant Value Added Tax Officers to assist the Commissioner in administering Delhi VAT under section 66 and rule 47.
Appointment of Assistant Value Added Tax Officers under clause (a) of sub section (2) of section 66 of the Delhi Value Added Tax Act, 2004 read with rule 47 of the Delhi Value Added Tax Rules, 2005, to assist the Commissioner of Value Added Tax in administering the Act; appointees are listed by name with their dates of physical joining as the effective dates of assumption of charge.

Appointment under Delhi Value Added Tax Act: Additional and Joint Commissioners appointed to assist the Commissioner.
The Lt. Governor, under clause (a) of sub section (2) of section 66 of the Delhi Value Added Tax Act, 2004 read with rule 47 of the Delhi Value Added Tax Rules, 2005, notifies appointments of officers to assist the Commissioner in administering the Act: Sh. Bans Raj Ram as Additional Commissioner (joined 12/06/2014), and Sh. Shailendra Singh and Sh. K.C. Surender as Joint Commissioners (joined 13/06/2014 and 18/06/2014).

Agricultural extension deduction under section 35CCC approved; project subject to audit, reporting and non benefit conditions.
Notification approves the Rallis Kisan Kutumba agricultural extension project for deduction under section 35CCC until A.Y. 2016 17, subject to conditions: separate books and audit with specified auditor comments; eligible deduction limited to expenses (excluding land/building) wholly and exclusively for the project and reduced by any beneficiary receipts; prohibition on beneficiary charges and on direct or indirect benefit to the entity except the deduction; reporting to tax authorities with audited accounts, project note and Ministry of Agriculture certificate; and potential withdrawal of approval for cessation, non genuineness or non compliance.

Deduction for notified agricultural extension projects: approval requires compliance, audit, and reporting under tax provisions.
Approval is granted to the 'Rallis Kisan Kutumba - Tata Rallis Agri Input Training Scheme' as an eligible agricultural extension project under section 35CCC, permitting deduction of expenses (excluding land or building) incurred wholly and exclusively for the project, subject to conditions: separate audited books, auditor's certification of genuineness and compliance, prohibition on charging beneficiaries, exclusion of reimbursed expenditures, prohibition on claiming the same expenditure elsewhere, and filing of audited accounts, activity notes and a Ministry of Agriculture certificate by the return due date.

CENVAT credit eligibility expanded to include Service Tax Certificate for rail transportation, allowing credit on corresponding railway receipts.
The amendment permits a Service Tax Certificate for Transportation of goods by Rail (STTG Certificate), issued by Indian Railways, together with photocopies of the railway receipts mentioned therein, to serve as admissible documentary proof for claiming CENVAT credit by inserting the STTG Certificate and receipt copies into the list of accepted documents under rule 9(1) of the CENVAT Credit Rules, 2004; the change takes effect upon Gazette publication.

De-notification of Special Economic Zone area reduces zone boundaries and updates notified survey parcels and resultant area.
The Central Government de-notifies 2.299 hectares from a sector specific Special Economic Zone for Biotechnology at Mann, resulting in a revised zone area of 10.571 hectares under the second proviso to Sub section (1) of Section 4 of the Special Economic Zones Act, 2005 read with rule 8 of the Special Economic Zones Rules, 2006, following the developer's proposal, prior approval, the State government's no-objection and the Development Commissioner's recommendation; the notification lists affected survey numbers with original, de-notified and resultant area figures.

De-notification of Special Economic Zone area reduces the IT SEZ footprint after regulatory approvals and state no-objection.
De-notification reduces the designated area of a sector-specific Special Economic Zone for Information Technology at Focal Point Industrial Area, Phase VIII-Extension, District Mohali. M/s. Quarkcity India Private Limited requested de-notification; the State Government gave its no-objection and the Development Commissioner recommended the proposal. The Central Government, satisfied that statutory prerequisites under the Special Economic Zones legislation and related rules were met, exercised its powers to de-notify the stated land and thereby altered the notified extent of the SEZ.

Scientific Research Association approval requires exclusive research activity, separate accounts, audited reports and certified donation statements.
Birbal Sahni Institute of Palaeobotany is approved as a Scientific Research Association subject to: sole objective of undertaking scientific research; carrying out research itself; maintaining separate books of accounts for research receipts and applications; obtaining an audit by a qualified accountant and furnishing the audit report by the return due date; and maintaining a certified statement of donations and amounts applied to scientific research, with failure to comply exposing the organisation to withdrawal of approval.

Appointment of Special Commissioner Value Added Tax to assist the Commissioner in administering the Delhi VAT regime
The Lt. Governor, exercising powers under the Delhi Value Added Tax Act read with the Delhi VAT Rules, appointed Sh. Neeraj Semwal as Special Commissioner Value Added Tax, effective from his date of physical assumption of charge, to assist the Commissioner of Value Added Tax in the administration of the Act, by notification issued by the Finance (Revenue-I) Department.

Pricing of equity shares: new VWAP standard and valuation rules for infrequently traded shares, with adjustment events specified.
Regulations amend ICAR rules to permit sale of bonus shares where underlying securities were held for at least one year and bonus shares issued from free reserves/share premium; extend a timing reference from thirty to sixty days; define "frequently traded shares" by twelve month turnover relative to class size; change pricing for frequently traded shares to volume weighted average price; require valuation parameters and an independent certificate for infrequently traded share pricing; and subject preferential issue prices to adjustments for specified corporate events. Schedule XI allocation illustrations are updated accordingly.

Common Adjudicating Authority assignment: Show Cause Notice transferred to Commissioner of Customs for adjudication.
The Show Cause Notice issued by the Directorate of Revenue Intelligence in the matter of M/s Mortex (India) is assigned to the Commissioner of Customs (Port), Custom House, Kolkata for the purpose of adjudication under the Notification issued under the Customs Act, with copies of the order circulated to relevant customs and revenue offices and the departmental webmaster.

Assignment of show cause notice to designated customs commissioner enables adjudication under the Customs Act by port authorities.
Pursuant to the statutory notification under section 4(1) of the Customs Act, the Board assigns the Show Cause Notice issued by the Directorate of Revenue Intelligence in respect of M/s Vedika Metals Private Ltd. to the Commissioner of Customs (Port), Kolkata for adjudication, directing transfer of adjudicatory responsibility and circulating copies to the issuing unit and relevant customs officials for implementation.

Appointment of Common Adjudicating Authority assigns a show cause notice to the designated customs commissioner for adjudication.
The Board assigns the Show Cause Notice in the referenced matter to the Commissioner of Customs (Port), Custom House, Strand Road, Kolkata for adjudication under the Customs Act, 1962 pursuant to the Notification issued under section 4(1); the order delegates adjudicatory responsibility from the issuing intelligence unit to the designated customs adjudicating authority and directs transmission of the assignment to listed recipients for service and record.

Assignment of adjudication: show cause notice transferred to Commissioner of Customs for adjudicatory proceedings under customs delegation.
A show cause notice issued by a revenue intelligence unit against M/s Vidres India Ceramics Private Limited and others is assigned to the Commissioner of Customs, Ahmedabad for adjudication pursuant to the delegation mechanism under the relevant Customs notification, with administrative copies circulated to concerned offices to enable adjudicatory proceedings.

Assignment of Adjudication: DRI show cause notices assigned to the Commissioner of Customs for adjudication under the Customs Act.
Assignment of specified Show Cause Notices and a corrigendum issued by the Directorate of Revenue Intelligence, Kolkata Zonal Unit to the Commissioner of Customs (Port), Custom House, Kolkata for adjudication, effected pursuant to Notification No.15/2002 Customs (N.T.) and the statutory power under section 4 of the Customs Act; administrative circulation of the assignment to designated customs officers and units and electronic notification to the Board's webmaster is directed.

Assignment of adjudication: Show Cause Notice transferred to Customs Commissioner for adjudication under customs administrative framework.
The Board assigns the Show Cause Notice issued by the Additional Director General, DRI Delhi Zonal Unit, in the matter of M/s Sun Infonet (P) Ltd. and others to the Commissioner of Customs, Inland Container Depot, Tughlakabad, New Delhi, for adjudication, and circulates copies to relevant customs formations and officers to establish the proper adjudicating authority.

Cenvat credit eligibility expanded to include provider of taxable service, extending input credit entitlement after rule amendment.
Amends the CENVAT Credit Rules, 2004 by inserting the words "provider of taxable service" after "first stage and second stage dealer" in rule 12AAA, thereby extending eligibility for CENVAT credit to providers of taxable services; the amendment takes effect upon publication in the Official Gazette.

Rate of exchange determination by GAAP on the point of taxation date; administrative power to issue supplementary instructions enabled.
The amendment inserts rules providing that the rate of exchange for valuing taxable services shall be the applicable rate as per generally accepted accounting principles on the date when the point of taxation arises, and that the Board or Chief Commissioners of Central Excise may issue instructions for incidental or supplemental matters for implementation of the Act.