Delegation of Central Government powers to Regional Directors permits exercise of specified Companies Act functions subject to revocation.
Central Government delegates to the Regional Directors at Mumbai, Kolkata, Chennai, Noida, Ahmedabad and Hyderabad the power and functions vested in it under specified sections of the Companies Act, 1956, subject to the condition that the Central Government may revoke such delegation or may itself exercise the powers if it considers such action necessary in the public interest; the notification supersedes an earlier notification and comes into force on the stated commencement date.

Provisional anti-dumping duty imposed on certain tile imports from China PR pending new shipper review, with security and retrospective liability.
The Central Government ordered provisional assessment of imports of Vitrified/Porcelain Tiles originating in or exported from China PR by specified producers/exporters pending new shipper reviews. Such provisional assessment may be secured by a security or guarantee as deemed fit by the proper officer of customs to meet any deficiency if definitive anti-dumping duty is later imposed. If the review results in a recommendation to impose anti-dumping duty, importers will be liable to pay the duty retrospectively from the date of initiation of the review.

Tax information exchange and collection assistance between India and Jersey enhances cross-border tax administration and recovery cooperation.
The agreement creates a framework for the exchange of tax information and mutual assistance in collection between India and Jersey covering all taxes and substantially similar future taxes. Competent authorities must provide foreseeably relevant information for tax administration, including bank, ownership and beneficiary data, and may facilitate tax examinations abroad. Requests must meet form and relevance requirements; confidentiality, legal privilege, public policy and territorial jurisdiction limit disclosure. Assistance in collection and conservatory measures is available subject to each Party's domestic laws, cost-sharing rules, and procedural safeguards.

Customs debit obligation requires officers to account for prior excise and exemption debits when assessing duties on goods.
Amends specified customs exemption notifications to require the proper officer of customs to take into account debits already made under the exemption and the corresponding Central Excise notification and to debit the duties leviable on the goods that would be payable but for the exemption.

Exemption for capital goods under SHIS: excise duties waived when scrip conditions, registration, and actual user obligations are met.
Capital goods cleared against a Status Holder Incentive Scrip (SHIS) are exempt from the whole of excise and specified additional duties when the scrip is issued for eligible exports; the scrip must be registered with the customs authority which debits duties otherwise payable, informs the Central Excise Officer who endorses and validates clearances. The exemption is subject to sectoral and product eligibility, specified exclusions (including EOUs, SEZ-related exports, deemed exports and other restricted exports), non-transferability except as endorsed transfers to manufacturers or within group companies, an actual user condition with undertakings for short-debits or misuse, retention of debited and endorsed scrip copies, and entitlement to drawback or CENVAT credit against the debited amount.

Vishesh Krishi and Gram Udyog Yojana exemption: excise duties waived on goods cleared against duty credit scrip, subject to conditions.
Goods specified in the Fourth Schedule are exempt from excise duties when cleared against a Vishesh Krishi and Gram Udyog Yojana duty credit scrip issued under the Foreign Trade Policy, subject to conditions: scrip issuance against Appendix 37A exports (excluding specified categories), non-availability for items in Appendix 37B or prohibited imports, customs registration and debiting of duties on the scrip by the Customs authority, presentation and endorsement by the Central Excise Officer, retention of debited/endorsed scrip copies, and entitlement of the holder to drawback or CENVAT credit against the debited and validated amount.

Exemption of capital goods under Agri Infrastructure Incentive Scrip allows excise duty relief subject to specified conditions.
The notification exempts capital goods specified in the annexed Table when cleared against an Agri. Infrastructure Incentive Scrip from central excise and specified additional duties, subject to conditions: issuance to qualifying Status Holders, exclusions of certain export categories and items, non transferability with narrow exceptions for cold chain procurement and endorsed transfers to supporting manufacturers, compliance with paragraph 3.13.4 utilisation and the actual user condition, customs registration and debiting of scrip, officer endorsement and record keeping, undertakings to pay short debits or duties with interest on non compliance, and entitlement to drawback or CENVAT credit for validated debited amounts.

Focus Market Scheme exemption: excise duties waived on specified goods cleared against duty credit scrip, subject to procedural conditions.
Goods specified in the Schedules are exempt from excise and specified additional duties when cleared against a Focus Market Scheme duty credit scrip issued under paragraph 3.14 of the Foreign Trade Policy, subject to exclusions and procedural safeguards: scrip registration with Customs, presentation with supplier invoice details, Customs debiting duties on the scrip and notifying the Central Excise Officer, holder's undertaking to pay short debits with interest, endorsement and validation by the Central Excise Officer, retention of attested debited scrip copies, and entitlement to drawback or CENVAT credit against the debited amount.

Excise duty exemption for Focus Product Scheme scrips allows duty-free clearance when customs debits and excise validation conditions are met.
Goods specified in the tariff schedules may be cleared free of excise duties when cleared against a Focus Product Scheme duty credit scrip, subject to conditions: scrip issued against eligible exports in Appendix 37D, exclusions of specified export categories and items in Appendix 37B, registration of the scrip with the customs authority, presentation with supplier and Central Excise Officer details, customs debiting of duties on the scrip, written advice to and validation by the Central Excise Officer, undertaking by the holder for short debits, retention of attested debited and endorsed copy by the manufacturer, and entitlement to drawback or CENVAT credit against validated debited amounts.

Exchange rate determination adjusted for specified foreign currencies, altering conversion rates for import and export valuation.
The Central Board of Excise and Customs revises exchange rates for conversion between specified foreign currencies and Indian rupees under section 14 of the Customs Act, 1962, superseding the earlier notification and prescribing distinct rates for imported and export goods effective from 6th July, 2012, as set out in Schedule I and Schedule II, with corrigenda noted for certain entries.

Approval under section 10(23C)(vi) exemption granted to society, conditional on compliance with income-tax rules and requirements.
Approval is granted to Jyotiba Fule Social Welfare Society, Jaipur, for purposes of section 10(23C)(vi), effective from the assessment year stated in the notification, conditional on the society conforming to and complying with the provision and the corresponding income-tax rule.

Appointment of Special Public Prosecutor to conduct PMLA prosecutions before Jammu and Kashmir High Court and Special Court at Srinagar.
Appoints a Special Public Prosecutor to conduct prosecutions under the Prevention of Money Laundering Act on behalf of the Directorate of Enforcement before the High Court of Jammu and Kashmir and the Special Court at Srinagar, pursuant to statutory powers under the Act and complementary provisions of the Code of Criminal Procedure.

Removal of Minimum Export Price permits basmati rice exports without MEP while existing export conditions remain applicable.
Deletion of the entry at Point (ii) in the "Nature of Restriction" column for Sl. No. 57, Chapter 10 of Schedule 2 of the ITC(HS) removes the Minimum Export Price requirement for basmati rice while leaving Point (i) and Points (iii)-(viii) in that column unchanged, thereby allowing basmati rice to be exported without any MEP subject to the remaining conditions in the Schedule.

Anti dumping duty on soda ash imports imposes country specific per unit charges and a five year applicability period.
Imposition of anti dumping duty on Disodium Carbonate (Soda Ash) under sub heading 283620 is ordered for imports from specified countries, with country and route specific unit rates (in US dollars per metric tonne) based on findings of dumping, non de minimis margins and material injury; duties apply for five years from Gazette publication, payable in Indian currency, with exchange rate determined by the Government's notification and the bill of entry date as the relevant date.

Service Tax corrigendum updates rule reference by substituting 'Explanation two' with 'Explanation three' in the notification.
Corrigendum to Notification No. 36/2012-Service Tax dated 2 July 2012 amends rule 6A(1)(f) by substituting the phrase "Explanation 2" with "Explanation 3" in the specified clause of the original Gazette notification (G.S.R. 478(E), dated 20 June 2012).

Service Tax Exemption for specified Indian Railways passenger and goods transport services temporarily relieves levy under service tax provisions.
An exemption under section 93 of the Finance Act, 1994 relieves specified taxable services provided by the Indian Railways from service tax under section 66B for a limited period from the date of notification. The exempt services are: (a) passenger transportation by rail, with or without accompanied belongings, when provided in first class or in an air conditioned coach; and (b) transportation of goods by railways.

Income tax (7th Amendment) Rules, 2012 narrow residency references and replace ITR 5 and ITR 6 filing forms.
The Income tax (7th Amendment) Rules, 2012 amend rule 12 of the Income tax Rules, 1962 by qualifying references to a taxpayer "who is a resident" to exclude a person who is not ordinarily resident within the meaning of sub section (6) of section 6, with a parallel insertion in rule 12(3) proviso. The amendment also substitutes Forms ITR 5 and ITR 6 in Appendix II, and attaches the revised return forms and detailed instructions governing eligibility, schedules, filing modes, and compliance mechanics.

Restrictions on Documents against Acceptance exports: D/A shipments barred unless covered by bank or export credit guarantee.
The notification amends Table A of Schedule 2 of the ITC(HS) by inserting entries for Handmade Woollen Carpets and Handicraft items and provides that exports shall not be permitted on the basis of Documents against Acceptance (D/A) unless such export is covered by a Bank Guarantee or ECGC Guarantee or is made to the exporter's own subsidiaries, own trading companies or own office cum warehouses.

Import prohibition on milk products extended to include chocolates and confections, restricting imports from China until further orders.
Prohibition on import of milk and milk products from China is extended under the Foreign Trade (Development and Regulation) Act and Foreign Trade Policy to cover milk and milk products including chocolates, chocolate products, candies, confectionery and food preparations with milk or milk solids as an ingredient, continuing prior notification measures and remaining in force until 23.6.2013 or until further orders.

Terminology amendment: substitution of 'support' with 'legal' in a service tax notification provision clarifies scope.
Corrigendum to a service tax notification directs that in para I, clause (A), sub-clause (iv), item (B) the word "support" shall be read as "legal", effecting a precise textual substitution in the earlier published notification.