Retrospective commencement declared for specified FEMA regulation by corrigendum, clarifying no person will be adversely affected.
The corrigendum substitutes Regulation 1's commencement wording so that the provision shall be deemed to have come into force from October 10, 2000; it confirms the Principal Regulations remain in full force and effect and clarifies that the retrospective effect will not adversely affect any person.

Tax-free bonds: capped coupon rates and structured issuance rules govern investor eligibility and placement procedures.
Specified public sector and infrastructure entities are authorised to issue tax-free, secured, redeemable, non-convertible bonds during 2013-14 subject to aggregate limits. Bonds may have ten, fifteen or twenty year tenures; subscribers must furnish PAN. Coupon rates are capped using a FIMMDA-based reference G-sec yield with differential spreads for Retail Individual Investors and rating-based adjustments for AA+ and AA/AA- issuers; semi-annual payment reduces rates. Public issue and private placement procedures, issue expense caps, post-issue financing plan submission to the Ministry of Finance, competitive selection of merchant bankers and compliance with Companies Act and SEBI debt regulations are mandated.

Anti-dumping duty on resin-bonded fibre boards imposed, applying country- and producer-specific rates per cubic metre and currency.
Definitive anti-dumping duty is imposed on resin-bonded wood or ligneous fibre boards (thickness >2mm and

Income-tax exemption under section 10(23C)(vi) approved for Chinar Education Foundation, subject to compliance with rule 2CA.
Approval was granted to Chinar Education Foundation for entitlement to an income tax exemption under clause (23C)(vi) of section 10, subject to continued conformity with the statutory requirements and the procedural rule governing recognition, and applicable for the stated assessment year and thereafter.

Approval under section-based income-tax exemption permits recognition of Shri Ram Education Society, subject to ongoing statutory compliance.
Approval is granted to Shri Ram Education Society for recognition under the income-tax exemption provision for educational institutions, effective from the assessment year noted in the notification, on the condition that the society conforms to and complies with the substantive and procedural requirements of the relevant exemption clause read with the applicable rules; the approval is issued by the Chief Commissioner of Income-tax, Jaipur and identified by the authority's reference number.

Tax exemption for approved research institutions requires dedicated research use, audited accounts, and certified donation statements.
Approval under section 35(1)(ii) is granted to NIMHANS as a 'University, College or Other Institution' subject to conditions: sums paid must be used for scientific research conducted by faculty or enrolled students; separate books of account for research receipts and expenditure must be maintained and audited by a qualified accountant with the audit report furnished to the tax authority by the income tax return due date; and a departmental, auditor certified statement of donations received and amounts applied to research must accompany the audit report. Approval may be withdrawn for failures in recordkeeping, reporting, genuine research activity, or compliance with the section and rules.

Exemption for steel imports: conditional import relief with accredited quality certification and reporting requirements.
The notification grants an exemption from the Steel and Steel Products (Quality Control) Second Order, 2012 for imports of steel and steel products for specified major projects, subject to sectoral eligibility, a minimum investment threshold, restriction to actual users with disposal limits unless domestic quality standards are met, prescribed international accreditation-based quality certification routes, quarterly reporting to the Ministry of Steel and DGFT Regional Authority, and a two-year validity or until further orders.

Statement of income by venture capital vehicles: mandatory electronic filing with digital signature and accountant verification.
Amendment replaces rule 12C prescribing that Venture Capital Companies and Venture Capital Funds must furnish an electronic statement of income paid or credited under section 115U by the 30th November of the financial year following the previous year to the Chief Commissioner/Commissioner of the jurisdiction of their principal office. The statement must be in Form No.64, verified by an accountant, filed under digital signature, and accompanied by SEBI registration proof, audited accounts, and supporting schedules detailing investment income by heads and recipients to which income was paid or credited; the Director General of Income-tax (Systems) will specify filing procedure and security arrangements.

Remittances to non-residents must be reported electronically via Form 15CA, with accountant certification for chargeable payments.
Rule 37BB requires persons making payments to non-residents or foreign companies to furnish Form No.15CA electronically and provide a signed printout to the authorised dealer; small remittances use Part A, payments in the specified list not chargeable to tax use Part B, and other remittances use Part C which generally requires Form No.15CB from an accountant or an Assessing Officer's certificate/order under sections 197 or 195(2)/(3). The Director General (Systems) will set electronic procedures and authorised dealers may be asked to produce the printout for proceedings.

Certification requirement: Merchant bankers must ensure key management personnel obtain NISM Merchant Banking certification within prescribed timelines.
Merchant Bankers must ensure that at least two associated persons designated as Key Management Personnel who perform SEBI-regulated merchant banking activities, deal with issuers or intermediaries, act as designated Compliance Officer, or submit Due Diligence Certificates obtain NISM-Series-IX: Merchant Banking Certification Examination (MBCE) certification from the National Institute of Securities Markets, pursuant to the Board's power under regulation 3; newly engaged personnel must obtain the certification within a shorter period from their date of employment.

Filing extension for Form Stock-1 online submission granted to eligible dealers, maintaining the remaining notification provisions.
The Commissioner of Value Added Tax has partially modified a prior notification to extend the deadline for online filing of the stock statement in Form Stock-1 for stock as at 31 March 2013 for dealers falling within the specified gross turnover threshold for 2012-13, while stating that all other provisions of the earlier notification continue to apply.

Customs exemption amendment swaps listed power project capacities and inserts a new thermal power station entry into the annexure.
Amendment to the customs exemption notification revises Annexure List 32A: it substitutes the figures and descriptions for two listed items by swapping their capacities, replaces an existing item entry with an entry for the Shree Singaji Thermal Power Project with its stated capacity, and inserts a new entry for the Neyveli New Thermal Power Station (Neyveli Lignite Corporation) with its stated capacity.

Export authorization for cotton granted to Cotton Corporation of India; RC issuance conditions relaxed while reporting remains required.
Authorization permits The Cotton Corporation of India Ltd. to export cotton under HS codes 5201 and 5203 for the 2012-13 season; para 2(ii) conditions of Notifications No.26 (30.11.2012) and No.17 (01.10.2012) will not apply to grant of Registration Certificates to that exporter, while the Procedure for Reporting in Notification No.63 (04.08.2011) continues to apply.

Central Excise amendment updates ANNEXURE entries, swapping thermal project capacities and adding a new thermal power station entry.
The Central Excise notification amendment substitutes specific ANNEXURE, List 11 capacity entries-exchanging listed capacities between identified item numbers, replacing one item entry with a different project designation and capacity-and inserts a new entry to add a specified thermal power station operated by a lignite corporation, thereby updating the schedule of the principal notification.

Exemption from registration for premises affixing lower-price labels on pharmaceuticals to comply with NPPA pricing notifications.
Exempts from registration under rule 9(1) unregistered premises used solely for affixing stickers, re printing, re labeling, or re packing pharmaceutical products of Chapter 30 to apply a lower ceiling price to comply with National Pharmaceutical Pricing Authority notifications under the Drugs (Prices Control) Order, 2013, subject to the conditions in notification No. 22/2013 which exempts those products from Central Excise duty.

Excise duty exemption for branded packing: manufacturers not required to pay duty where reasonable belief in notification entitlement existed.
Notification directs that where a manufacturer affixed another person's brand or trade name to specified packing goods and, in reasonable belief of entitlement under a prior notification, did not pay excise duty, the duty for the historical periods specified need not be paid; the direction covers identified categories of packing material and relies on the prior notification's definition of 'brand name' or 'trade name'.

Trademark fee revision increases prescribed application and form fees under amended Trade Marks Rules, affecting filings after publication.
Draft amendments to the Trade Marks Rules, 2002 substitute higher fee entries in the First Schedule and replace numeric fee entries in FORM TM-1, FORM TM-51, FORM TM-52 and FORM TM-63, changing the fees payable for specified trademark filings; the amendments take effect on final Gazette publication and the draft is open for public objections and suggestions during the prescribed consultation period.

Exchange rate determination fixes specified foreign currency conversion rates for import and export goods under customs law.
Under the Customs Act authority, the Central Board of Excise and Customs fixes distinct foreign currency conversion rates for imported and export goods as listed in Schedule I (per unit) and Schedule II (per 100 units), effective from the notified date; the notification supersedes the prior notice and includes corrigendum corrections for certain Kenya Shilling entries.

Tax residency documentation requires submission and retention of Form No. 10F with supporting documents to claim treaty relief.
An assessee claiming treaty relief must provide specified information in Form No. 10F - status, nationality or place of incorporation, tax identification number or alternate government identifier, period for which the certificate of residence applies, and foreign address for that period - unless that information already appears in the foreign residence certificate; the assessee must retain documents substantiating the Form No. 10F entries and produce them to an income-tax authority when claiming treaty-based relief.

Input matching requirement: shipping bill must specify inputs used, or authorisation redemption and EODC will be denied.
Where SION permits generic or alternative inputs, the specific input actually used must be named and endorsed in the shipping bill and must exactly match the description in the bill of entry; otherwise the Authorisation will not be redeemed. At discharge of export obligation or at redemption, the Regional Authority will allow only those inputs specifically indicated in the shipping bill. These requirements are expressly made applicable to DFIA holders, imposing a strict correspondence between inputs imported under Advance Authorisation/DFIA and inputs used in the export product.