Tariff value amendment replaces the valuation table, fixing customs values for specified vegetable oils and brass scrap.
The Board, invoking Section 14(2) of the Customs Act, 1962, substitutes the Table in Notification No.36/2001-Cus.(N.T.) with a new Table fixing tariff values in US dollars per metric tonne for specified imported goods, including crude palm oil, RBD palm oil, other palm oils, crude and refined palmoleins, crude soyabean oil, and brass scrap (all grades); the entries are shown as not changed.

Refund of service tax: exporters may claim refund for specified export-related services used in export of goods.
Exempts specified taxable services received by an exporter and used for export of goods from service tax, allowing the exporter who has actually paid such tax to claim a refund. Refunds must be claimed quarterly within sixty days of the relevant quarter, filed with the Assistant/Deputy Commissioner of Central Excise with export and tax-payment evidence, and are payable after verification of actual use for export; refunded amounts are recoverable if export proceeds are not realised within the FEMA period.

Rebate denial for exempted manufacturers excludes rebate where exporter benefits from specified excise exemption notifications.
The amendment to Notification No. 19/2004-CE (N.T.) inserts clause (h) specifying that where exported goods are manufactured by a manufacturer availing any of the listed excise exemption notifications, the rebate under Notification No. 19/2004-CE (N.T.) shall not be admissible.

Special Economic Zone designation for services sector notifies specified land parcels at Kondakal and Bhulkapur under SEZ Act.
Notification under the Special Economic Zones Act, 2005, declaring specified survey parcels at Kondakal and Bhulkapur villages as a sector specific Special Economic Zone for the services sector. The Central Government, following grant of a letter of approval to Lahari Infrastructure Limited, lists the survey numbers and extents that constitute the notified SEZ area and thereby authorises development, operation and maintenance of the zone under the Act and SEZ Rules.

Special Economic Zone designation confirms notified status for a sector specific IT/ITES park enabling development and operation under the SEZ Act.
Pursuant to section 4(1) of the Special Economic Zones Act, 2005 and rule 8 of the SEZ Rules, 2006, the Central Government notifies Plot No. 28 at the Maharashtra Industrial Development Corporation, Rajiv Gandhi Infotech Park, Hinjewadi, Phase III, District Pune, comprising the stated survey particulars and an area of 10.33 hectares, as a sector specific Special Economic Zone for information technology and information technology enabled services, following grant of a letter of approval for its development, operation and maintenance.

Income-tax amendment correction clarifies amendment numbering and updates the earlier notification cross-reference.
Corrigendum corrects textual references in the Gazette notification S.O. 1484(E) dated 30th August 2007: it replaces "Income-tax (Ninth Amendment) Rules, 2007" with "Income-tax (Tenth Amendment) Rules, 2007" in clause 1, sub-clause (1), and substitutes the Note's reference "(Eighth Amendment) Rules, 2007 vide Notification number S.O. 1044(E) dated, the 27th June, 2007" with "(Ninth Amendment) Rules, 2007 vide Notification number S.O. 1374(E) dated, the 7th August, 2007."

Provisional anti-dumping duty on phosphoric acid imports from China imposed, with differentiated exporter-specific rates and INR payment.
Provisional anti-dumping duty imposed on imports of phosphoric acid from the People's Republic of China, with differentiated duty rates by producer and exporter (a specified rate for M/s Yunnan Chemphos Corp and higher rates for other exporters/origins), measured per MT in US$ terms but payable in Indian currency; effective up to and inclusive of 13 March 2008. The rate of exchange for calculation is the Government-notified rate and the relevant date is the date of presentation of the bill of entry under section 46 of the Customs Act, 1962. Notification later rescinded by a subsequent notification dated 19 February 2008.

Anti dumping duty on ductile iron pipes from China: specified per unit rates, payable in local currency with exchange rate rule and fixed term.
Imposition of anti dumping duty on ductile iron pipes under tariff items 7303 00 30 and 7303 00 90 originating in or exported from the People's Republic of China at specified per metric ton US dollar rates against named producers and exporters; duty effective from Gazette publication, payable in Indian currency with exchange conversion determined by the Finance Ministry notification and the bill of entry date; duty to remain in force up to the stated terminal date unless revoked earlier.

Additional customs duty exemption for imported goods permits refund on meeting payment, invoice disclosure, GST payment, and documentary conditions.
The notification exempts specified imported goods from the additional duty of customs under sub section (5) of section 3 when imported for subsequent sale, provided the importer pays all duties at import, issues invoices stating no credit of the additional duty is admissible, files a refund claim with the jurisdictional customs officer within one year of payment, pays applicable goods and services tax on sale, and submits documentary evidence of payment of the additional duty, invoices of sale and payment of the applicable tax; the customs officer shall sanction refund after satisfying these conditions.

Customs amendment adds coal to permitted consignments at Ranpar ICD in Maharashtra under the notification entry.
Amends Notification No.62/94 (NT) by inserting item (viii) "coal" into column (4), item (4) for Ranpar, Maharashtra, thereby explicitly including coal among permitted consignments at that inland container depot/land customs station under the notification.

Credit restriction on additional customs duty requires dealers to state non-admissibility on resale invoices under Customs Tariff Act.
The amendment requires that where a dealer receives imported goods under an invoice indicating that credit of the additional duty of customs is not admissible, the dealer-whether a first stage or second stage dealer-must, on resale of those imported goods, indicate on the resale invoice that credit of the additional duty shall not be admissible.

CENVAT credit restriction: additional customs duty credit barred where invoice states no credit admissible.
The amendment inserts a proviso to the CENVAT Credit Rules providing that credit of the additional duty of customs under the Customs Tariff Act shall not be allowed if the invoice or supplementary invoice bears an indication that no credit of the said additional duty shall be admissible, thereby conditioning credit entitlement on the supplier's invoicing statement.

Term of office changes: retirement ages for Chairman, Vice Chairman and Members revised under Companies Act rules.
Substitutes rule 8 of the 1993 Rules to prescribe term of office: Chairman holds office till age sixty seven, Vice Chairman till age sixty five, and other Members till age sixty two; amendment operates from date of publication in the Official Gazette under powers conferred by the Companies Act.

Export exemption for milk powder to Bangladesh permitted under amended Foreign Trade Policy notification, effective immediately.
An amendment to Paragraph 3 of Notification No. 45 (RE 2006)/2004 2009 adds an export exemption: a consignment of milk powder under the relevant HS heading to Bangladesh by the cooperative exporter GCMMF is exempted from the restrictions of that Notification, effective immediately and stated to be issued in public interest.

Transaction value is primary for export valuation; alternate comparison, computed and residual methods apply if transaction value is unusable.
The value of export goods shall be the transaction value, accepted even where buyer and seller are related if the relationship did not influence price; failing that, value is determined sequentially by comparison with goods of like kind and quality exported at or about the same time with adjustments, then by a computed value including cost of production, design/brand charges and profit, and finally by a residual method using reasonable means. Exporters must furnish a declaration of value; the proper officer may request further information and, if reasonable doubt remains, reject the declared value after affording a written statement of grounds and an opportunity to be heard.

Customs valuation hierarchy: transaction value with objective adjustments, then identical/similar, deductive, computed and residual methods.
These Rules set a hierarchical customs valuation method with the transaction value (adjusted as provided) as primary, subject to conditions on restrictions, determinable sale conditions and related-party influence. Where transaction value is unacceptable or cannot be determined, the Rules require sequential application of transaction values of identical or similar goods, deductive value, computed value, and a residual method. Rule 10 prescribes specific additions to price (commissions, packing, buyer-supplied elements, royalties, proceeds of resale and other conditional payments) which must be objectively and quantifiably established; importers must declare value and provide documentation, and the proper officer may reject declared values after inquiry.

Commencement notification brings specified Finance Act provisions into force from the appointed date.
Section 94, section 95 and section 113 of the Finance Act, 2007 are brought into force with effect from 10 October 2007 by a notification issued under the powers conferred on the Central Government. The instrument is an administrative commencement notification and operates solely to appoint the date on which the specified provisions of the Finance Act, 2007 take effect.

Special Economic Zone designation for IT and ITES formalizes notified land parcels for sector specific development and operation.
Notification designates a sector specific Special Economic Zone for Information Technology and ITES at Chandigarh pursuant to the Special Economic Zones Act and Rules, relying on a prior letter of approval. The Central Government specifies the exact survey/khasra numbers and parcel areas that comprise the SEZ, totaling 26.96 hectares, thereby formally notifying those land parcels for development and operation under the sector specific SEZ approval.

Service tax payment deadlines updated: electronic payments earlier; individuals and firms permitted quarterly timing; year-end liabilities payable by year end.
Service tax is payable to government credit by the 6th day of the month when deposited electronically and by the 5th day in other cases, for payments received in the preceding calendar month; individuals, proprietors and partnership firms apply those deadlines to the quarter following receipt. No service tax is payable for value attributable to services provided during periods when such services were not taxable, and service tax on values received in the month or quarter including the financial year end is payable by the last day of the financial year.

Special Economic Zone notified for hi tech engineering products, enabling development, operation and maintenance in Karnataka.
Notification designates a sector specific Special Economic Zone for hi tech engineering products and related services at specified survey numbers in Nadasalu, Nandikooru, Polimaru and Hejamadi villages, Udupi Taluk and District, Karnataka, under the Special Economic Zones Act, 2005 and Rules, 2006; it relies on a prior letter of approval and lists the individual parcels with area measurements, aggregating to the stated total area to establish the SEZ boundary for development, operation and maintenance by the approved private developer.