Taxation of share premiums in startups: resident subscribers are specified as the relevant class for section 56 proviso purposes.
Notification specifies that, for the proviso to clause (viib) of sub section (2) of section 56, the relevant class of persons comprises resident persons who make any consideration exceeding face value for issue of shares of a startup, and defines "startup" by reference to the DIPP G.S.R.180(E) description.

Exemption scope: substitution of Free Trade Zone with Special Economic Zone clarifies applicability of central excise exemption notification.
The notification amends the proviso to item (i) of Notification No.67/95-Central Excises by substituting the words "Free Trade Zone" with "Special Economic Zone", changing the territorial description applicable to the specified excise exemption while leaving other operative conditions of the principal notification intact.

Special Economic Zone terminology replaces free trade zone in Central Excise notification, updating exemption scope and applicability.
Substitutes the words "free trade zone" with "Special Economic Zone" throughout Notification No.214/86-Central Excises, thereby aligning exemption references and updating the scope and applicability of that notification under the exercise of statutory powers.

Special Economic Zone designation for IT/ITES declared, committee constituted and zone deemed Inland Container Depot.
Notification designates 4.05 hectares at Outer Ring Road, Rachanahalli Village, Nagavara, Bangalore, as a Special Economic Zone for IT/ITES following grant of a letter of approval under the SEZ Act; specifies the survey-numbered land parcels totaling 4.05 hectares; constitutes an Approval Committee listing ex officio members and a developer representative; and appoints the date from which the zone is deemed an Inland Container Depot under the Customs Act. The notification was later rescinded.

Anti-dumping duty extension on pentaerythritol imports from China approved, maintaining duty for an additional year.
The Central Government, exercising powers under the Customs Tariff Act and rule 23 of the anti dumping rules, inserts a paragraph into Notification No. 47/2011 Customs to keep the anti dumping duty on pentaerythritol imports from the People's Republic of China in force for an additional one year period unless revoked earlier.

Nominee disclosure requirement expands LLP form fields and revises partner information tables under the LLP Rules.
The Second Amendment to the LLP Rules substitutes entries in Forms 2, 3, 4 and 11 to add explicit Name of nominee fields and to replace existing tables with standardized columns requiring DPIN/Income tax PAN/Passport number, partner name, nominee name for body corporate, designation, form and monetary value of contribution, percentage of profit sharing, and, in Form 11, section number, offence and penalty imposed.

Special Economic Zone designation establishes Approval Committee and grants Inland Container Depot status for the specified IT/ITES zone.
Notification designates 2.76 hectares at Pujanahalli Village as a Special Economic Zone for IT/ITES approved for development by M/s. Amin Properties LLP, identifies survey numbers 19, 20/1 and 20/2, constitutes an Approval Committee with specified ex officio members and a developer representative, and deems the zone an Inland Container Depot under the Customs Act.

Self-declaration Forms 15G/15H: e filing procedures and quarterly upload deadlines set, with a transitional single deadline for earlier receipts.
The notification clarifies that under Section 197A and Rule 29C payers must follow prescribed formats, verification standards and unique identification procedures for Form 15G/15H, and it sets quarterly due dates for uploading declarations to the government e filing portal; a transitional requirement mandates uploading declarations received in the interim period by the single specified compliance deadline using the prescribed format and portal.

Unloading and loading of goods: amended scope for ICD/LCS/Ports in Punjab under customs notification table.
The amendment substitutes items (i) and (ii) against item (b) in column (3) of the Table for serial number 13 (State of Punjab) in Notification No. 61/94 Customs (N.T.) with the following operative description: "Unloading of imported goods and the loading of export goods or any class of such goods", thereby specifying the covered activity for Inland Container Depots, Land Customs Stations and Ports in Punjab.

Appointment of Common Adjudicating Authority reallocates adjudicatory responsibility for listed customs show cause notices.
The Central Board appoints specified customs officers to act as Common Adjudicating Authority to exercise and discharge adjudicatory powers in respect of listed show cause notices, replacing the originally answerable proper officers as indicated in the accompanying table and superseding prior orders or notifications where stated.

Anti-dumping duty rescission removes a prior customs notification while preserving past actions and omissions.
The Central Government, exercising powers under the Customs Tariff Act and the Customs Tariff (Identification, Assessment and Collection of Anti-dumping Duty on Dumped Articles and for Determination of Injury) Rules, rescinds Notification No. 35/2012-Customs (ADD) dated 10th July 2012, subject to a savings provision preserving things done or omitted prior to the rescission.

Anti-dumping duty finalized on vitrified porcelain tile imports from specified exporters, requiring final assessment and duty payment.
The Central Government directs that imports of Vitrified/Porcelain tiles produced by specified Chinese firms and exported/shipped by identified entities, which were provisionally assessed under a new shipper review notification, shall be finally assessed and subjected to payment of the anti-dumping duty as imposed by the earlier notification.

Common Adjudicating Authority appointed to consolidate adjudication of specified show cause notices and assign proper officers for proceedings.
The Central Board of Excise and Customs, invoking sections 4(1) and 5(1) of the Customs Act, 1962, appoints specified officers as Common Adjudicating Authority to exercise powers and discharge duties of previously named adjudicating authorities for the adjudication of listed show cause notices; the Table identifies noticees, show cause references, superseded orders/notifications and the officers now designated to hear those matters.

Service tax liability on representational legal services by senior advocates now attaches to business entities receiving those services.
The amendment clarifies that representational services provided by a senior advocate before any court, tribunal or authority to a business entity located in the taxable territory are treated as services provided to that business entity, including where the contract is entered through another advocate or firm; the business entity who is litigant, applicant or petitioner shall be treated as the person receiving the legal services for the purposes of the notification.

Tax liability for senior advocate representational services now rests with the business entity recipient located in the taxable territory.
The amendment to Service Tax Rules, 1994 designates the business entity recipient located in the taxable territory as the person liable to service tax for representational services provided by a senior advocate before any court, tribunal or authority, including where the contract is entered through another advocate or firm and the senior advocate provides the service.

Senior advocate legal services exemption extended to non-business clients and small business recipients, expanding tax relief.
Amendment expands the service tax exemption for legal services by senior advocates: such services are exempt when supplied to any person other than a business entity, and are exempt when supplied to a business entity whose turnover in the preceding financial year is at or below the specified small-business threshold, by substituting clause (c) of entry 6 in the first paragraph of Notification No.25/2012-Service Tax.

Anti-dumping duty on PTFE imports from Russia imposed to counter continued dumping and protect the domestic industry.
A definitive anti-dumping duty is imposed on PTFE (tariff item 3904 61 00) originating in or exported from Russia to address continued dumping and injury to the domestic industry. The notification prescribes specified per-metric-tonne duty amounts denominated in US dollars for defined origin/export permutations, requires payment in Indian currency using government-notified exchange rates with the bill of entry date as the relevant date, and sets the duty period as five years from publication unless earlier revoked, superseded or amended.

Actual User import permission for newsprint allowed without licence on RNI registration, subject to documentary authentication at import.
Import of goods under Exim Code 4801 is permitted without an import licence for Actual Users holding RNI Registration Certificate, on submission of RNI-authenticated documentary evidence to Customs at the time of import; importers must also submit an annual audited statement to the RNI by 30th April reflecting newsprint consumption and imports for the preceding licensing year in prescribed format.

Exchange rate determination fixes foreign currency conversion rates for imports and exports effective 3 June 2016.
The Central Board of Excise and Customs, exercising Customs Act powers, determines that the rate of exchange for specified foreign currencies into Indian rupees shall, with effect from 3 June 2016, be the rates set out in the annexed schedules for purposes relating to imported and export goods, and supersedes the earlier notification except as to things done or omitted prior to supersession.

Correction of statutory reference: notification replaces 'rule 4' with 'rule 3(2)' in the Income Declaration Scheme notice.
The corrigendum amends Notification No. 33/2016 (Income Declaration Scheme, 2016) by substituting the reference to "rule 4" with "rule 3(2)" in the published Gazette text, thereby correcting the internal rule cross reference in the notification.