Anti-dumping duty continuation on polyester yarn extended, maintaining levy and payment in Indian currency until statutory extension.
The Central Government amends Notification No.124/2009-Customs to provide that the anti-dumping duty specified against serial numbers 1 to 6 and 10 to 13 in the TABLE shall be levied up to and inclusive of 25th March, 2015, unless revoked earlier, and shall be payable in Indian currency, extending the continuation of duties on fully drawn or fully oriented polyester yarn originating in or exported from the People's Republic of China, Thailand and Vietnam pursuant to the statutory continuation-review process.

Anti-dumping duty extension on flax fabric continued under Section 9A review, maintaining the duty in force until specified date.
The Central Government amends notification No. 142/2009-Customs by inserting paragraph 3 to continue the anti-dumping duty on Flax Fabric, imposed following a Section 9A review and in pursuance of rule 23, so that the principal notification remains in force up to and inclusive of the specified extended date unless revoked earlier.

Anti-dumping duty continuation extended for a further year on Vitamin E imports from China under Customs Tariff provisions.
The amendment to Notification No. 33/2009 Customs inserts a provision extending the temporal operation of the anti dumping duty on Vitamin E (all forms excluding natural forms) originating in or exported from the People's Republic of China, so that the existing notification shall remain in force for an additional year unless revoked earlier, pursuant to sub sections (1) and (5) of Section 9A of the Customs Tariff Act and rule 23 of the anti dumping rules.

Tax exemption approval for an educational institution granted subject to compliance with prescribed income-tax rules and conditions.
The Chief Commissioner of Income-tax, Jaipur approves Maharani Gayatri Devi Girls' Public School Society, Ajmeri Gate, Jaipur for the purpose of section 10(23C)(vi) of the Income-tax Act, 1961 for the assessment year 2013-14 onwards, provided that the society conforms to and complies with the provisions of sub-clause (vi) of clause (23C) of section 10 read with rule 2CA of the Income-tax Rules, 1962.

Rescission of Special Economic Zone notification revokes SEZ designation after de notification approvals and required no objection.
Rescinds the Special Economic Zone designation for the sector specific Handicraft SEZ at Boranada by withdrawing the earlier notification for the notified area following the developer's proposal to de notify, Central approval of de notification, State "No Objection," and a Development Commissioner recommendation, effected under the first proviso to rule 8 of the Special Economic Zones Rules, 2006, while preserving effects of prior acts or omissions.

Register of shareholders closure for dividend entitlement; transfers suspended to fix the record for payment purposes.
Closure of the Register of Shareholders to determine dividend entitlement for 2013-2014 with transfers suspended during the specified inclusive period, fixing the record for payment of dividend and preventing registration of share transfers for that interval.

Customs location authorization expands to include Kiranpani for specified import unloading and export loading of listed commodities.
Amends Notification No.62/1994 Customs (N.T.) by inserting Kiranpani in the TABLE for Maharashtra to authorize unloading of imported Coal Sulphur, Bauxite, Mill Scale, Iron Ore and Sugar and loading of those goods for export under clause (a) of sub section (1) of Section 7 of the Customs Act, 1962.

Sponsor investment requirement mandates sponsor or AMC to invest in scheme growth option and lock that investment until wind-up.
Regulation 21(f) raises monetary net worth thresholds to fifty crore, updates a reference year, extends a continuity period to three years, omits a proviso, and permits AMCs limited to infrastructure debt funds to operate with a lower net worth floor of ten crore. Regulation 28 now requires sponsors or AMCs to invest a prescribed minimum in the growth option of new fund offers and existing schemes, subject to a lock-in until scheme wind-up, with an exclusion for close-ended schemes and a one-year timeline for investing for existing schemes.

Common Adjudicating Authority assignment: Show Cause Notice transferred for adjudication to designated customs commissioner under customs notification
The order assigns a Show Cause Notice issued by a central investigatory unit to the Commissioner of Customs at the Inland Container Depot, Tughlakabad for adjudication under the applicable customs notification mechanism, designating the receiving officer and notifying relevant customs formations for implementation.

Repayment period for securities set at a ten-year term with no moratorium and payments on a half yearly basis.
Amendment adds sub rule (12) to rule 9 prescribing that the period of repayment by the Centre and States shall be ten years with no moratorium and that payments on the securities shall be made on a half yearly basis.

Common Adjudicating Authority assignment transfers adjudication of specified DRI show cause notices to Commissioner of Customs (Export) ACC Sahar.
The Board assigns show cause notices issued by the Directorate of Revenue Intelligence, Lucknow Zonal Unit, to the Commissioner of Customs (Export), Air Cargo Complex, Sahar, Andheri (East), Mumbai, for adjudication under the authority of the Customs notification cited; the order lists departmental references, notice dates, and named noticees and directs circulation of copies to relevant DRI and Customs offices for administrative coordination.

Exchange rate determination sets import and export currency conversion rates effective May 2014 under section 14 notification.
Determines rates of exchange for conversion of specified foreign currencies into Indian rupees and vice versa for import and export under section 14 of the Customs Act, 1962, effective from 2nd May, 2014, superseding the earlier April notification. Two annexed schedules prescribe separate rupee equivalents for imported goods and for export goods-Schedule I for unit rates and Schedule II for rates per 100 units-to be applied in customs valuation and related customs procedures.

Common Adjudicating Authority appointment assigns a DRI Show Cause Notice to the Commissioner of Customs for adjudication.
A Show Cause Notice issued by the Directorate of Revenue Intelligence, Zonal Unit, Chennai in the case of M/s Mahanagar Telecom Nigam Limited and others is assigned, under the Customs notification framework, to the Commissioner of Customs (Import), Jawaharlal Nehru Custom House, Nhava Sheva for adjudication, with copies forwarded to relevant customs formations and the issuing investigative unit.

Common Adjudicating Authority assigned a DRI show cause notice to a designated Commissioner of Customs for adjudication.
The Board, under Notification No.15/2002-Customs (N.T.) and section 4(1) of the Customs Act, assigns Show Cause Notice F.No.DRI/AZU/GRU-60/2013 dated 28.01.2014 relating to M/s Krishna Colour Chem, Morbi and others to the Commissioner of Customs, New Custom House, Kandla for adjudication, and directs transmission of copies to specified customs and enforcement offices.

Assignment of adjudication: show cause notice transferred to Commissioner of Customs for adjudication under customs notification.
A Show Cause Notice issued by the Directorate of Revenue Intelligence, Mumbai Zonal Unit, in the case of M/s H.V. Jewels (P) Limited is assigned to the Commissioner of Customs, Chhatrapati Shivaji International Airport, Mumbai, for adjudication under Notification No.15/2002-Customs (N.T.) issued under section 4(1) of the Customs Act, 1962, thereby designating the Commissioner as the Common Adjudicating Authority/Proper Officer.

Commencement of Narcotic Drugs Amendment Act: Central Government appoints its provisions to come into force by notification.
Under the authority of sub-section (2) of Section 1 of the Narcotic Drugs and Psychotropic Substances (Amendment) Act, 2014, the Central Government issued a notification appointing the 1st day of May, 2014 as the date on which the provisions of the Amendment Act shall come into force.

Minimum Export Price on edible oils in branded consumer packs reduced, permitting exports subject to revised MEP requirement.
Amendment reduces the Minimum Export Price applicable to exports of edible oils packaged in branded consumer packs up to five kilograms by modifying the export condition in Schedule 2 of the ITC(HS) Classification of Export & Import Items; change is effective immediately and limits scope to branded consumer packs up to five kilograms as the controlling export condition.

Export to Iran in Indian Rupees allowed for specified goods with minimum value addition and limited exemptions.
Paragraph 2.35(b) of FTP 2009-14 is amended to permit exports imported against freely convertible currency to be exported against Indian Rupees to notified countries subject to at least fifteen percent value addition; exports to Iran are covered by this rupee payment option. Re exports of food, medicine and medical equipment are exempt from the minimum value addition requirement and are limited to specified ITC(HS) chapters and headings. Bird's eggs and rice are excluded, and exports under this dispensation are not eligible for export incentives.

Tariff value fixation updated for specified imported goods, substituting prior tables and setting new foreign-currency rates.
The Central Board of Excise & Customs, under section 14(2) of the Customs Act, 1962, substitutes TABLE-1, TABLE-2 and TABLE-3 of Notification No. 36/2001-Customs (N.T.) with revised tariff value tables prescribing specified tariff values in US$ per metric tonne (or per unit where stated) for listed imported goods including palm oil and variants, palmolein, soybean oil, brass scrap, poppy seeds, areca nuts, and specified gold and silver entries.

Annual return filing threshold clarified to apply to listed companies or companies meeting prescribed capital or turnover
The Order replaces the conjunction so that the annual return requirement applies to a listed company or to a company meeting the prescribed paid-up capital or turnover threshold, clarifying which entities must file the annual return and taking effect immediately.