Transfer of pending cases to Regional Directors preserves paid petition fees and requires forwarding of objections to RDs.
Jurisdiction over specified company-law petitions is transferred from the Company Law Board to the Regional Directors; fees already paid at filing are recognized and no additional fee is required upon transfer. All pending petitions before the Company Law Board under the relevant provisions are transferred to the concerned Regional Directors, and any objections received by the Company Law Board must be forwarded in writing by its Secretary to the respective Regional Directors.

VAT exemption/refund granted for official and personal non-food purchases by the Republic of Estonia and its diplomatic officers.
Operative amendment inserts sub-entry (29A) in Part A, Sl. No. 1 of the Sixth Schedule to grant VAT exemption/refund for official and personal non-food purchases by the Republic of Estonia and its diplomatic officers, subject to the minimum invoice-value eligibility specified in the Commissioner's notification under powers of Section 103(2) of the Delhi Value Added Tax Act, 2004.

Anti-dumping duty on Metronidazole extended, imposing per-unit charges on imports originating or exported from China.
The Central Government, on the designated authority's review findings, imposes anti dumping duties on Metronidazole imports originating in or exported from the People's Republic of China, specifying per unit duty rates in US dollars for identified producers and exporters and default rates for others; the duty is payable in Indian currency using the exchange rate applicable on the bill of entry date and remains effective for five years unless earlier amended or revoked.

Advance Pricing Agreement scheme clarifies eligibility, application, processing, compliance audits and revision mechanisms for transfer pricing.
The Income-tax Rules introduce an Advance Pricing Agreement (APA) Scheme defining eligibility for taxpayers with international transactions, mandating pre-filing consultation and prescribing Forms 3CEC and 3CED for pre-filing and APA applications. The procedure sets a fee schedule, completeness checks with deficiency cure periods, team-led processing including meetings, information calls and site visits, and distinct handling for unilateral, bilateral and multilateral APAs via the competent authority. APAs may specify covered transactions, agreed transfer pricing methodology, arm's length outcomes and critical assumptions, and include mechanisms for annual compliance reporting, compliance audits, revision and cancellation where assumptions change or non-compliance is found.

Import restriction on night vision binoculars now requires import authorization under the amended foreign trade policy.
The amendment to Schedule I (Imports), ITC(HS) Chapter 90, splits Exim Code 9005.10.00: ordinary binoculars remain free for import, while Night Vision Binoculars/Passive Night Vision Devices (PNVs) are classified as restricted and may be imported only against an import authorization under the Foreign Trade Policy.

Special Economic Zone amendment: denotification and additional area notified for IT/ITES SEZ at KPM Nagar.
Denotifies 1.38 hectares and notifies an additional 4.36 hectares in the IT/ITES sector specific Special Economic Zone at KPM Nagar, Kurichi, Eachanari, Coimbatore, resulting in a net SEZ area of 13.47 hectares; changes were made on proposal of M/s. Span Ventures Private Limited and effected by the Central Government under the Special Economic Zones Act and the proviso to rule 8 of the SEZ Rules, with specified survey numbers recorded for deletion and addition.

Mutual administrative assistance in tax matters expands cross-border information exchange, recovery and service mechanisms under a multilateral convention.
The Central Government notifies implementation of the Multilateral Convention on Mutual Administrative Assistance in Tax Matters, obliging Parties to provide administrative assistance across covered taxes through exchange of information (on request, automatic and spontaneous), assistance in recovery including measures of conservancy, and service of documents. The Convention prescribes procedural requirements for requests, defines competent authorities and taxes, establishes secrecy and limited use of information, permits specified reservations and territorial declarations, and provides mechanisms for coordination, interpretation, costs allocation and entry into force.

Alternate Minimum Tax reporting requires an accountant's specified form to compute adjusted total income under Chapter XII BA.
The rules substitute Rule 40BA to require that the accountant's report under section 115JC(3) for persons other than a company be furnished in Form No. 29C, certifying that adjusted total income and Alternate Minimum Tax have been computed in accordance with Chapter XII BA. Form No. 29C requires the accountant to declare examination of accounts, certify computations based on Annexure A, provide identifying and professional details, and state reasons for any negative or qualified answers; Annexure A specifies the data fields used to compute adjusted total income and AMT.

Export payment security restrictions require bank or ECGC guarantees for D/A shipments; silk export provision deleted
Exports on Documents against Acceptance (D/A) for Handmade Woolen Carpets and related floor coverings are permitted only if covered by a bank guarantee or an ECGC guarantee or when exported to the exporter's own subsidiaries, trading companies or office-cum-warehouses. The same D/A restriction for Handicraft items is deferred to the amended commencement date, and the prior entry concerning Silk garments, made-ups, fabrics and accessories is deleted.

Country of manufacture now includes single markets like the EU, affecting import eligibility for new vehicles.
The amendment states that, for import of new vehicles under Chapter 87 para 2(II)(a)(iv), the phrase "country of manufacture" will also include a Single Market like the European Union, while retaining existing conditions requiring a speedometer in kilometres per hour, right-hand steering and controls where applicable, and headlamp photometry suited to keep-left traffic.

Electronic submission of Declaration Forms C, F and H required for registered dealers, shifting issuance to the departmental website immediately.
All dealers registered in Delhi under the Central Sales Tax regime are required to obtain Declaration Forms C, F and H electronically from the Department of Trade and Taxes website for the year 2012 13 and thereafter, in the manner and subject to the instructions published on the website; forms for periods up to 2011 12 remain obtainable by the prior methods in force.

Adjudicating authority appointment: Joint Commissioner Cochin authorized to adjudicate a show cause notice for SEPR Refractories.
The Joint Commissioner or Additional Commissioner of Customs, Custom House, Cochin is empowered to exercise the adjudicatory powers and duties of the Additional/Joint Commissioner of Customs, Custom House, Cochin and the Additional/Joint Commissioner of Customs (Port-Import), Custom House, Chennai for the purpose of adjudicating the show cause notice issued to M/s SEPR Refractories India Ltd.

Adjudicating authority designation: Joint Commissioner of Customs (Import) to exercise additional commissioners' powers for a specified show cause notice.
The Central Board of Excise and Customs designates the Joint Commissioner/Additional Commissioner of Customs (Import), Jawaharlal Nehru Custom House, Nhava Sheva, to exercise the adjudicatory powers and duties previously vested in two Additional Commissioners (Import), limited to adjudication of the show-cause notice relating to M/s Trans Agro India Pvt. Ltd.

Proper officer designation expanded to include sub section three of section 28AAA, amending existing customs notification entries.
Amendment inserts a specified subsection concerning designation of the proper officer into the table of Notification No. 40/2012 Customs (N.T.) against serial number 4, placing that subsection before the existing item (which is renumbered). The Central Board of Excise and Customs exercises its powers under the Customs Act to make this textual insertion and renumbering in the earlier notification.

Adjudicating officers appointed to determine legacy contraventions under the repealed foreign exchange law, superseding earlier notifications.
The Central Government appoints specified officers of the Directorate of Enforcement as adjudicating officers to adjudicate contraventions under the repealed Foreign Exchange Regulation Act committed on or before 31st May, 2002, and, in exercise of its statutory powers, supersedes earlier notifications appointing officers for similar adjudicatory functions. The notification allocates adjudicatory jurisdiction by officer designation against prescribed monetary bands, assigning the Director and Special Director to the highest-value contraventions and progressively lower ranks to smaller-value matters, while preserving actions completed prior to supersession.

Assignment of Show Cause Notice to Commissioner for adjudication transfers adjudicatory jurisdiction under the Customs Act.
The Board directs that the Show Cause Notice issued by the Directorate of Revenue Intelligence in respect of M/s B. Barun Medical India and others is to be adjudicated by the Commissioner of Customs (Import), Jawaharlal Nehru Custom House, Nhava Sheva, exercising the Board's powers under the Customs Act and the relevant notification to transfer adjudicatory responsibility and jurisdiction to the designated Commissioner.

Designation of bank as appropriate Government Treasury enables electronic deposit of VAT dues subject to remittance and compliance conditions.
Notification designates Kotak Mahindra Bank as an appropriate Government Treasury for Delhi VAT deposits, conditional on remitting funds to the RBI VAT Account within three days (or shorter period as notified), levying interest on delayed remittance at bank rate plus two percent with specified computation period, implementing on-line computerized counters and MIS with electronic data transmission as prescribed, accepting payments at any branch irrespective of account relationship, and complying with the Information Technology Act. The notification also mandates electronic payments via the department website for registered dealers and contractees.

Customs corrigendum clarifies tariff headings and commodity descriptions, aligning entries to ensure accurate tariff classification and application.
Corrigendum to Notification No. 47/2012-Customs corrects the table by reordering and aligning tariff headings with commodity descriptions for de-oiled soya extract and various oil cake meals, preserving the originally stated duty entries and thereby clarifying tariff classification without changing the duty outcome.

Anti-dumping duty continuation upheld to extend protection against dumped Nonyl Phenol imports and maintain trade remedy coverage.
Amendment extends the existing anti-dumping duty on imports of Nonyl Phenol from Chinese Taipei by adding a provision that the principal notification shall remain in force up to and inclusive of the 21st August, 2013, unless revoked earlier; the extension follows a continuation review conducted under the Customs Tariff Act and rule 23.

Reserve Member designation permits a Commissioner to substitute on panels; transfer power allows case reassignment after hearing and reasons.
Amendment to Rule 3 substitutes "by designation" for "by name", mandates the Board to assign one Commissioner of Income-tax as a Reserve Member to each panel to act in place of any Member when required by the Director General of Income-tax (International Taxation), and empowers the Director General to transfer a case between panels after giving the eligible assessee an opportunity to be heard and after recording reasons.