Anti-dumping duty on Vitamin AD3 imports from EU and Singapore imposed to offset dumping and material injury.
Imposition of anti-dumping duty on Vitamin AD3 500/100 from the European Union and Singapore directs that duty be calculated as the difference between a specified US dollar amount per kilogramme and the landed value of imports; duty is payable in Indian currency and effective until the stated expiry. Landed value is defined as the assessable value under the Customs Act excluding certain customs duties, and the applicable rate of exchange is the government-notified rate for the bill of entry presentation date.

Exemption for cable television broadcasting services removes service tax liability under a central statutory notification, later rescinded.
The Central Government, under the Finance Act, 1994, exempts the taxable service provided by a cable television operator in relation to broadcasting service from the whole of the service tax leviable under section 66, effective 16 July 2001; that exemption notification was later rescinded.

Service tax exemption for individual professional videographers removes tax on videotape production services under central notification.
The Central Government exempted taxable service provided to a client by an individual professional videographer in relation to video tape production from the whole of service tax leviable under section 66 of the Finance Act, 1994, by Notification No. 7/2001 ST, effective 16 July 2001, and that exemption was later rescinded by a subsequent 2005 notification.

Exemption for still photography services exempts service tax for studios and agencies that are non-commercial concerns.
Exempts from service tax the taxable service provided to a customer in relation to still photography by a photography studio or agency other than a commercial concern, enacted under the Finance Act and brought into force in mid July 2001, later amended to substitute the phrase "other than a commercial concern" and subsequently rescinded by a later notification.

Service tax amendments expand assessment scope, allow provisional payments, deem insurance agent commissions taxable value, and revise forms.
Notification No. 5/2001 amends the Service Tax Rules, 1994 by broadening the definition of assessment to include self-assessment, reassessment, provisional and best-judgement assessments and interest determinations; expanding telecommunication and insurance-related service definitions to include insurance agent services; substituting officer designations with Superintendent/Assistant/Deputy Commissioner; permitting provisional payment and provisional assessment procedures (excluding bond execution); deeming the taxable value of insurance agent services to be the gross commission or fee paid; and updating Forms ST-1 and ST-7 and appeal documentation requirements.

Effective date of service tax appointed, levy to commence under amended provisions from 16 July 2001.
Prescribes the effective date for imposition of service tax on newly taxable services by appointing 16th July, 2001 as the date on which the Finance Act, 1994 is amended under the authority of section 137 of the Finance Act, 2001 and service tax shall be levied under the amended charging provision.

Livestock products import into India requires a sanitary import permit following import risk analysis and quarantine conditions.
The Central Government restricts import of specified livestock products and allows import only against a sanitary import permit issued under the Schedule. Permits are granted following a detailed import risk analysis based on international scientific principles, and must specify pre shipment certifications, quarantine checks and post import sampling and testing; processed products have longer permit validity while unprocessed products have shorter, extendable validity. Importation is subject to inspection, treatment, or destruction at designated entry points and importers bear operational responsibilities.

Customs exemption update: United Nations World Food Programme added to Annexure under section 25(1) amendment.
The Central Government, exercising powers under section 25(1) of the Customs Act, 1962, amends Notification No.84/97-Customs by inserting in the ANNEXURE a new serial entry: "7. United Nations World Food Programme," effected by Notification No.75/2001 dated 6th July 2001 as necessary in the public interest.

Excise duty exemption extended to United Nations World Food Programme by amendment inserting it into the notification annexure.
The amendment inserts the United Nations World Food Programme into the ANNEXURE of the principal Central Excise notification, extending the notification's operative benefit to that organisation under powers conferred by the Central Excise Act and the Additional Duties of Excise Act as exercised in the public interest.

Section 80L qualifying debentures specified, enabling tax benefit for listed bonds issued in the Flexibonds series.
Specification under Section 80L lists particular debentures as qualifying instruments by identifying bond types, face value, distinctive number ranges and, where applicable, Annual Interest and Cumulative Interest options, thereby defining which issued bonds fall within the statutory category for tax provision purposes.

Specified debentures under section 80L: identified IDBI bond series recognized as qualifying debentures for deduction purposes.
Central Government specifies particular debentures as specified debentures under clause (ii) of sub section (1) of section 80L, identifying four IDBI bond categories issued in the Flexibonds 8 series-Regular Income Bond, Growing Interest Bond, Floating Rate Bond and Infrastructure (tax saving) Bond-each defined by distinctive serial number ranges and a face value of five thousand rupees, and names Industrial Development Bank of India, Mumbai as the issuer.

Tax-free bonds confer exemption when issued by HUDCO and require bondholder registration with the issuer.
The notification designates specified Housing and Urban Development Corporation Limited bond series as tax-free securities with stated face values, interest rates, payment periodicity and tenors, and conditions the tax exemption on the holder registering their name and holding with the issuing Corporation.

General Bond (Surety/Security) notified for provisional assessment under Rule 7, prescribing Form B-2 for compliance.
Notification prescribes the Form B-2 General Bond (Surety/Security) as the bond instrument for provisional assessment of goods to excise duty under Rule 7 of the Central Excise (No.2) Rules, 2001, and notifies the proper form for use where provisional assessment is undertaken to secure payment pending final assessment.

Diplomatic telephone exemption narrowed to embassy phones and mission members holding diplomatic rank for Uruguay entry.
The notification is amended by inserting a proviso clause specifying that the provision in respect of serial number 95 relating to Uruguay applies only to telephones of the Embassy and to members of the mission holding diplomatic rank, and by adding serial number 95 for Uruguay to the schedule.

Inclusion of security agency added to service tax notification by amendment listing security agency services.
Amendment inserts security agency as item (g) into Notification No. 48/98-ST dated 24 April 1998 by Notification No. 2/2001-Service Tax dated 3 July 2001, promulgated under the enabling powers of the Finance Act, 1994, section 93, with the insertion placed after item (f).

Service tax exemption for security services to diplomatic missions removes tax liability for specified foreign missions.
Exemption of service tax is granted for security agencies supplying security of any property or person to diplomatic missions or members holding diplomatic status of the countries listed in the Schedule, under section 93 of the Finance Act, 1994, thereby exempting such taxable services from service tax under section 66; the exemption was notified and later amended to add a listed mission, and was subsequently rescinded by a later notification.

Income tax rule amendment changes verification requirements and removes specified appendix forms for affected filers.
The amendment to the Income tax Rules revises rule 12(1)(b) by omitting one sub clause and substituting a provision that where total income excludes income chargeable under the head Profits and gains of business or profession, the return shall be furnished in Form No. 3 and verified as indicated; additionally, Appendix II omits Forms 2A and 2D.

Unrealised rent: conditions for deductibility clarified with tenant default, vacatur, no other occupation and legal steps requirement.
Defines unrealised rent as rent payable but not paid by a tenant proved lost and irrecoverable where the tenancy is bona fide, the defaulting tenant has vacated or steps taken to compel vacation, the tenant is not occupying any other property of the assessee, and the assessee has taken all reasonable steps to institute legal proceedings for recovery or shows legal proceedings would be useless.

Computation of capital gains in slump sale requires an accountant report certifying net worth calculation and supporting statements.
Form No. 3CEA prescribes an accountant's report for slump sale capital gains, requiring assessee and undertaking particulars, purchaser details, date and consideration, and a detailed net worth computation showing written down value of depreciable assets, book value of other assets, aggregate assets, liabilities attributable to the undertaking or division and the resultant net worth. The accountant must certify examination of records, proper computation of net worth, ignore revaluation adjustments, and file the form with the return of income accompanied by profit and loss account and balance-sheet; separate computations are required for each undertaking or division.

Export policy amendment: deletion of powder milk and ghee from specified tariff entry alters export classification and conditions.
The notification deletes the words powder milk (skimmed or full cream) and ghee from Code No. 0402 in Table B of Schedule 2, revising the entry to "Whole and Infant Milk Food, pure milk butter" while exempting branded consumer packs up to five kilograms from those conditions; the amendment is effective from the date specified in the earlier public notice. It also deletes textile entries at Code Nos. 0007-0009 in Table A of Schedule 2, effective from the prior notification that removed corresponding Appendix 1 entries.