Commencement of statutory clauses: Government appoints a date for clauses A, B, C of section 114 to commence.
The Central Government, exercising powers under clauses (A), (B) and (C) of section 114 of the Finance (No.2) Act, 2014, hereby appoints the 1st day of October, 2014 as the date on which the provisions of those clauses shall come into force, by notification published in the Gazette of India, Extraordinary.

Private participation in rail infrastructure enabled; specified project types and assets opened to non-public sector development.
The Central Government substitutes item 8 in Schedule-I to provide that railway operations are reserved for the public sector except for specified activities which are excluded from reservation: suburban corridor PPPs, high speed train projects, dedicated freight lines, rolling stock manufacture and maintenance, railway electrification, signalling systems, freight and passenger terminals, industrial-park railway infrastructure including electrified connectivities, and mass rapid transport systems.

Public shareholding requirement: listed public sector companies must raise public shareholding to prescribed minimum within a fixed compliance period.
The amendment to rule 19A removes the exclusion for public sector companies and requires listed public sector companies whose public shareholding was below the prescribed threshold on commencement to increase public shareholding to at least that threshold within a specified compliance period and in the manner to be prescribed by the Securities and Exchange Board of India; the amendment comes into force on publication in the Official Gazette and deletes sub rule three of rule 19A.

Effective date modification: earlier VAT notification's commencement deferred, with all other provisions retained under the Delhi VAT framework.
The department directs that the date of coming into force of Notification No.F.3(349)Policy/VAT/2013/645-657 dated 19/08/2013 be read as 01/01/2015 instead of 01/10/2013, with the remainder of that notification to remain unchanged.

Common Adjudicating Authority assignment: Show Cause Notice transferred for adjudication under Customs Act to Port (Import) Commissioner.
The Board, under the Customs Act notification framework, assigns the Show Cause Notice dated 25.04.2014 concerning M/s Tirupathi Enterprises to the Commissioner of Customs, Port (Import), Custom House, Chennai for adjudication, directing the named Commissioner to exercise adjudicatory functions and issuing copies to relevant customs and air cargo commissioners and the issuing revenue intelligence unit.

Common Adjudicating Authority appointment directs adjudication of show cause notices by designated customs commissioner under Customs Act.
Multiple show cause notices issued by the Directorate of Revenue Intelligence against M/s S.J. Marketing, M/s Sukaso Ceracolors Pvt. Ltd. and Grindwell Pulverizers Pvt. Ltd. are assigned to the Commissioner of Customs, Hyderabad-II Commissionerate for adjudication under the Notification made under the Customs Act, relocating adjudicatory responsibility to that Commissioner for processing the specified notices.

Assignment of Adjudication: Show Cause Notice reassigned to Customs Commissioner for adjudication under the Customs Act.
The Central Board of Excise & Customs has assigned the Show Cause Notice issued by the Additional Director General, DRI Zonal Unit, Ahmedabad, in the case of M/s Mulchand M. Zaveri and others to the Commissioner of Customs, Custom House, Navrangpura, Ahmedabad, for adjudication, designating that Commissioner as the Common Adjudicating Authority and circulating copies of the order to the issuing DRI unit, the Mumbai import commissioner, and the CBEC web administrator.

Minimum export price requirement for onions imposed; exports permitted only against Letter of Credit until further notice.
Export of onions under the specified ITC (HS) classifications is permitted only against a Letter of Credit and is subject to a Minimum Export Price on F.O.B. terms until further orders; the notification text sets an MEP in the operative clause and also restates a different MEP figure in a subsequent paragraph, making both the LC requirement and the MEP preconditions for export.

Input identification requirement: shipping bill must exactly state inputs used so authorisations are redeemable upon proportional consumption.
Exact correspondence between inputs used and inputs endorsed in the shipping bill is mandatory for Authorisation redemption; where SION aggregates multiple inputs against a single quantity, permitted imports and entitlement must be allocated in proportion to actual consumption and that proportion must be indicated in the shipping bill, and only inputs specifically indicated in the shipping bill will be allowed at export obligation discharge or redemption.

Exchange rate determination sets official foreign currency conversion rates for import and export valuation under Customs Act.
The Central Board of Excise and Customs fixes official exchange rates for conversion of specified foreign currencies into Indian rupees for customs valuation of imported and export goods, effective from 22nd August, 2014, prescribing separate rates for imports and exports in annexed schedules and superseding the immediately preceding exchange rate notification except as to prior actions.

Customs tariff amendment substitutes specified duty entries in an existing notification, increasing import duties on sugar.
The Central Government, exercising powers under section 25(1) of the Customs Act, 1962, amends Notification No.12/2012 Customs by substituting the entries in column (4) for serial numbers 76, 77 and 78 in the Table with a uniform duty entry of 25% as a further modification to the principal notification.

Services by specified organisations in religious pilgrimage facilitated by external affairs ministry now covered by notification amendment.
Adds entry 5A to Notification No.25/2012 to cover services by a specified organisation in respect of a religious pilgrimage facilitated by the Ministry of External Affairs under a bilateral arrangement, and defines "specified organisation" as Kumaon Mandal Vikas Nigam Limited or the Committee/State Committee as defined in section 2 of the Haj Committee Act, 2002.

Related party transactions: new threshold-based special resolution and enhanced disclosure requirements govern approvals and reporting.
Rule changes set quantitative thresholds triggering special-resolution approval for related party transactions under section 188: specified limits based on turnover or net worth and monetary caps apply to sale/purchase/supply, property transfers, leasing and services; limits run per transaction and in aggregate during the financial year. Appointment to office or place of profit and underwriting remuneration above prescribed limits also require special resolution. Turnover and net worth are to be computed from the audited financials of the preceding year. Wholly owned subsidiary transactions may be approved by the holding company's special resolution. Required explanatory statement particulars are listed.

Fixation of tariff values for specified imports establishes reference values for customs valuation and duty assessment.
Substitutes TABLE 1, TABLE 2 and TABLE 3 of Notification No. 36/2001 Customs (N.T.) to fix tariff values in US dollars for specified imported goods, including palm oil and palmolein variants, crude soyabean oil, brass scrap, poppy seeds, areca nuts, and specified gold and silver categories where certain notification benefits are availed, under the authority of section 14(2) of the Customs Act, 1962.

Anti dumping duty on imports of Ceftriaxone Sodium Sterile imposes trade remedy obligations on imports from specified origins.
Imposition of anti-dumping duty on imports of Ceftriaxone Sodium Sterile (Ceftriaxone Disodium Hemiheptahydrate Sterile) originating in or exported from the People's Republic of China, and on consignments involving China as origin or export country, at the rates specified per kilogram in the Table. The duty follows a review finding of continued dumping causing injury and likely intensification of dumping if duties were withdrawn, is levied under the Customs Tariff Act and anti dumping rules, payable in Indian currency, and converted using the government notified exchange rate based on the bill of entry date.

Anti-dumping duty extension on polypropylene from Singapore preserves existing import protection under the Customs Tariff Act review.
The notification inserts a new paragraph continuing the anti-dumping duty on Polypropylene originating in or exported from Singapore, declaring that the principal notification shall remain in force up to and inclusive of 29 July 2015 unless revoked earlier, thereby extending the existing anti-dumping protection under the Customs Tariff Act and rule 23.

Safeguard duty on seamless pipes to phase down over prescribed periods, protecting domestic industry from injurious imports.
Imposition of safeguard duty on imports of seamless pipes and tubes falling under specified tariff items, applied as staged ad valorem rates over successive periods, following a finding of serious injury to domestic producers. The notification excludes imports from developing countries (with a specific exception) and lists defined product exclusions including certain alloy-steel specifications, patented premium connections and threaded tubes of specified grades, 13 chromium grade tubes not otherwise excluded, and drill collars.

Rate of interest fixation under Customs Act prescribes applicable interest for liabilities and refunds under the Act.
The Central Government, exercising powers under the Customs Act, fixes the rate of interest at six percent per annum for purposes of the Act's provision governing interest on customs-related obligations, effected by a notification of the Department of Revenue, Ministry of Finance, to prescribe the applicable interest rate for calculation of interest on customs liabilities and refunds.

Avoidance of double taxation: India-Fiji tax treaty allocates taxing rights, limits source withholding and enables mutual assistance.
The India-Fiji tax convention allocates taxing rights between residence and source States for residents and specified taxes, defines residence and PE rules (including construction and service thresholds and agent attribution), and prescribes treatment and reduced source withholding ceilings for dividends, interest and royalties, subject to exceptions where income is effectively connected to a PE. It provides elimination of double taxation by credit, provisions on non discrimination, mutual agreement procedure, exchange of information with confidentiality limits, assistance in tax collection, limitation of benefits anti abuse rules, and rules on entry into force and termination.

Interest rate fixed under section 35FF sets the statutory rate applicable to Central Excise delayed payment obligations.
The Central Government, exercising powers under Section 35FF of the Central Excise Act, 1944, prescribes a uniform rate of interest to be applied for purposes of that provision, thereby specifying the operative rate for calculating interest on excise-related liabilities governed by the statutory mechanism.