Duty free tariff preference expanded to include additional least developed countries, extending import concessions under the customs notification.
The Central Government amended Notification No. 96/2008 Customs to insert, after S.No. 2 in the Schedule, the Federal Democratic Republic of Ethiopia, Republic of Mozambique, Samoa, Malawi and Lao People's Democratic Republic, thereby extending duty free tariff preference eligibility to those Least Developed Countries under the existing tariff preference scheme.

Taxation of foreign income under DTAA: include such income in Indian taxable income, then grant treaty relief.
Where a tax treaty provides that income of an Indian resident may be taxed in the other country, such income must be included in the resident's total income chargeable to tax in India, and relief shall be granted in accordance with the method for elimination or avoidance of double taxation provided in that agreement.

Taxation of foreign income: include income in Indian taxable total first, then grant relief under DTAA.
Where an agreement adopted by the Central Government provides that income of a resident may be taxed in the other territory, such income must be included in the resident's total income chargeable to tax in India, and relief for tax charged abroad shall be granted in accordance with the method for elimination or avoidance of double taxation set out in the adopted agreement.

Jurisdiction amendment: inclusion of Mann village expands exception and exclusion in Central Excise notification text.
The notification amends Table II of the Central Excise notification by substituting the text at Sl. No. 69 to include the village Mann among the listed villages of Mulshi taluk, and by substituting the parenthetical exclusion at Sl. No. 71 to add Mann to the villages excluded from that entry, effectuating these changes by textual substitution under rule-making authority.

Rebate on pan masala exports: duty-paid exports eligible subject to procedural conditions and formula-based per pouch limits.
Rebate is granted on excise duty paid for exported pan masala and gutkha, subject to payment of duty under the Excise Act, non-claim of material rebates, direct export from factory or warehouse within six months (or extended period), lodging claims with the jurisdictional Assistant/Deputy Commissioner with proof of export, market price not below rebate claimed, minimum admissible rebate threshold, compliance with prior notification procedures, and indicating number of pouches on export documents. Rebate per pouch is computed by a monthly average duty-per-pouch formula and capped by a maximum per-pouch amount derived from duty-per-machine and deemed pouches per machine.

Compounding threshold increases for FEMA proceedings expand monetary bands and raise maximum compounding limits under amended rules.
Amendment substitutes higher monetary amounts in rule 4(1) of the Foreign Exchange (Compounding Proceedings) Rules, replacing the former figures in clauses (a)-(d) with larger specified amounts to raise the compounding thresholds and maximum compounding exposure; the amendment takes effect on publication in the Official Gazette and confines itself to textual substitution within rule 4(1).

Anti-dumping duty on Ceftriaxone imports from China prescribed, with producer-specific per-unit duties and exchange conversion rules.
Definitive anti-dumping duty is imposed on Ceftriaxone Sodium Sterile (tariff item 2941 90 90) following findings of dumping from the People's Republic of China, substantial dumping margins above de minimis, and material injury to the domestic industry caused by volume and price effects; producer- and exporter-specific per-kilogram duty rates are prescribed, with duties effective from the date of provisional imposition, payable in Indian currency, and conversion governed by the notified rate of exchange.

Section 80IC area specification amended, altering notified localities and deferring effect until state notifies industrial estates.
Amendment to the Himachal Pradesh schedule for Section 80-IC substitutes revised locality code entries: in District Solan the entries are interchanged to read "140 (1 to12), 141 (1 to 284)" and in District Sirmaur the entry is corrected to "110(1 to 418)". The notification is effective on publication in the Official Gazette, except that it will take effect for any Industrial Estates or Industrial Areas listed in the Schedule only from the date those estates or areas are notified or designated by the State Government of Himachal Pradesh.

Renewal of recognition under securities law extends exchange recognition while leaving compliance conditions to be prescribed.
Renewal of recognition is granted to Pune Stock Exchange Limited under the Securities Contracts (Regulation) Act following an application and a finding that renewal is in the interest of trade and the public; the grant authorises the exchange to deal in contracts in securities for the renewal period and is made subject to conditions that may be prescribed or imposed subsequently.

Exchange rate determination for customs conversion prescribes specific currency rates that govern import and export valuation.
The Central Board of Excise and Customs, under the Customs Act, prescribes specific rupee conversion rates for specified foreign currencies to be used for customs valuation of imported and exported goods effective 1st September, 2008; rates are detailed in Schedule I (per unit) and Schedule II (per 100 units for Japanese Yen) with separate columns for import and export application, and the notification supersedes the prior exchange rate notification.

Inland Container Depot designation deems an IT/ITES Special Economic Zone at Thumbe Village an ICD under customs law
The Central Government, exercising powers under the Special Economic Zones Act, designates the sector specific IT and ITES SEZ at Thumbe Village proposed by M/s BA. Tech Park Private Limited as an Inland Container Depot for the purposes of the Customs Act, fixing the operative date for that deeming treatment and identifying the geographic location and developer.

Approval Committee constituted for sector-specific IT/ITES Special Economic Zone, defining membership and invitee status and ex-officio composition.
Central Government constitutes an Approval Committee for the sector specific IT/ITES Special Economic Zone at Thumbe Village for purposes of the SEZ regime. The Committee's composition is prescribed: Chairperson (Development Commissioner), Department of Commerce representative, Zonal Joint Director General of Foreign Trade (Bangalore), Commissioner of Customs or Central Excise (or nominee), Commissioner of Income Tax (or nominee), Director (Banking), two officers nominated by the State Government of Karnataka, and the developer's representative as a special invitee.

Special Economic Zone designation for information technology and IT-enabled services confirms notified area and approved development and operation.
The Central Government notifies a sector-specific Special Economic Zone for information technology and IT-enabled services at Thumbe Village on the application of M/s. B. A. Tech Park Private Limited, having granted a letter of approval for development, operation and maintenance; the notification lists specific survey parcels and their areas that comprise the SEZ, aggregating to a total area of 12.80067 hectares, issued under the statutory power to notify SEZ areas and in accordance with applicable SEZ rules.

Special Economic Zone declared Inland Container Depot under customs law, enabling customs treatment for the IT and ITES SEZ.
The Central Government, exercising powers under the Special Economic Zones statutory framework, declares the information technology and information technology enabled services Special Economic Zone in Haryana developed by the named developer to be deemed an Inland Container Depot under the Customs Act, thereby subjecting the SEZ to the customs regime and procedures applicable to ICDs.

Approval committee for SEZ established to administer approvals and governance of an IT/ITES special economic zone.
Constitution of an Approval Committee to oversee approvals and administration of the information technology and information technology enabled services Special Economic Zone at Rai, Sonipat, Haryana under powers of the Special Economic Zones Act, 2005. The Committee is chaired by the Development Commissioner and includes specified ex officio members from central and state departments with territorial or functional jurisdiction and a special invitee representing the developer, with composition set out for the exercise of statutory functions in respect of the named SEZ.

Special Economic Zone notification for sector-specific IT/ITES zone declared, enabling development and operation under SEZ Act.
The Central Government, having received a proposal from M/s. DLF Limited and satisfied that statutory prerequisites under the Special Economic Zones regime were met, exercises its power under the SEZ statute and SEZ rules to notify the land at Plot No. TP-2, Industrial Estate, Rai, Sonipat, Haryana as a sector-specific Special Economic Zone for information technology and information technology enabled services, formalizing approval for development and operation of the zone.

Inland Container Depot designation treats an IT/ITeS sector SEZ as an Inland Container Depot under customs law.
A central notification, invoking the Special Economic Zones Act, 2005, appoints 22 August 2008 as the date from which the sector specific SEZ for the IT and ITeS sector at Trans Thane Creek Industrial Area, developed by M/s. New Found Properties and Leasing Private Limited, shall be deemed to be an Inland Container Depot under the Customs Act, 1962, thereby subjecting that SEZ to the customs regime applicable to an Inland Container Depot.

Approval Committee constituted for sector-specific SEZ at Trans Thane Creek to oversee IT and ITES project approvals.
Constitutes an Approval Committee to oversee a sector-specific Special Economic Zone for IT and ITES at Trans Thane Creek, developed by M/s New Found Properties and Leasing Private Limited. The Chair is the Development Commissioner (Director, STPI Navi Mumbai), with ex officio members from the Department of Commerce, Zonal Joint DGFT (Pune), Customs/Central Excise, Income Tax, Ministry of Finance (Banking), and Maharashtra industry administration, and a developer representative as special invitee.

Special Economic Zone notification establishes an IT/ITES zone at Trans Thane Creek, defining approved area and legal basis.
Declaration of a Special Economic Zone for information technology and information technology enabled services at Trans Thane Creek Industrial Area, MIDC, District Thane, notified under Section 4 of the Special Economic Zones Act and rule 8 of the Rules after grant of a letter of approval under Section 3. The notification identifies two plot parts (Gen 2/1/E (part) and Gen 2/1/F (part)) aggregating 21.26 hectares and records the promoter and administrative file reference.

Foreign investment rules: revised definitions, expanded FII derivative access, and tightened reporting and approval obligations.
Amendments modify definitions to treat capital as equity, preference shares and convertible debentures including compulsory convertibility; expand FII trading in approved exchange-traded derivatives subject to limits, margins and collateral; require reporting of rights and bonus issues in Form FC-GPR; mandate Reserve Bank approval for certain transfers (non-automatic route activities, financial services sector, takeover-triggering transfers, and transfers outside RBI pricing guidelines); and revise schedules to restate sectoral entry routes, caps, exceptions to prior-central-government permission and updated reporting/forms for ADR/GDR and foreign investment returns.