Special Economic Zone notified for Electronics and Telecom hardware, enabling sector-specific development and operation at SIPCOT Sriperumbudur.
Notification under the Special Economic Zones Act, 2005 designates specified survey parcels at SIPCOT Industrial Area, Sriperumbudur, Tamil Nadu as a sector specific Special Economic Zone for Electronics and Telecom hardware and support services including trading and logistic activities, listing village-wise survey numbers and areas and recording the total notified area, issued pursuant to section 4(1) of the Act and rule 8 of the SEZ Rules, 2006.

Special Economic Zone notified for a paper mill project following statutory approval and fulfilment of SEZ conditions.
Notification under the Special Economic Zones Act and Rules declaring 109.81 hectares at Bayyavaram and Thupakulagudem, Tallapudi Mandal, West Godavari District near Kovvur, Andhra Pradesh, as a Special Economic Zone for a writing and printing paper mill promoted by Whitefield Paper Mills Limited, following grant of a letter of approval and satisfaction of statutory prerequisites; the notification identifies village survey numbers and area allocations and is issued by the Department of Commerce.

Section 54EC bonds designated as long-term specified asset; allotment restricted for prior large investors and capped per person.
Notification designates bonds issued by Rural Electrification Corporation Limited as long-term specified asset for purposes of Section 54EC, with bonds redeemable after a fixed maturity and issued within a specified window. Allotment rules bar persons who have already exceeded the individual investment cap in earlier notifications from receiving further allotment, and otherwise limit allocations to the cap reduced by prior aggregate investments in those earlier notified bonds.

Import liberalisation: amendment permits free import of specified wheat varieties by keeping prior restrictions in abeyance.
The DGFT, relying on powers under the Foreign Trade (Development and Regulation) Act and paragraph 2.1 of the Foreign Trade Policy, amended a prior notification to keep restrictions on items at Exim Codes 10011090 and 10019020 in abeyance and to permit free import of those specified wheat varieties for the period stated, expressly noting the amendment was issued in the public interest and later substituted by a subsequent notification altering the deadline.

Industrial Park recognition enables tax incentives conditioned on minimum unit occupancy and prescribed infrastructure compliance.
The Central Government notifies the industrial part of M/s Rajasthan State Industrial Development & Investment Corporation Limited's Shri Khatushyamji Industrial Complex as an Industrial Park under clause (iii) of sub-section (4) of section 80-IA, subject to annexed terms: specified location, area, unit threshold, commencement date, and infrastructure and investment requirements. Tax benefits depend on meeting the minimum number of units; infrastructure expenditure minima and permitted infrastructure items are prescribed; single-unit area caps, separate approvals for foreign investment, operator continuity, transfer notification, and invalidation/withdrawal rules for misrepresentation or non-compliance are imposed.

Industrial Park notification: tax benefits conditional on infrastructure, unit thresholds, operator continuity and approval requirements.
Central Government notifies the undertaking developed by M/s. Rajasthan State Industrial Development & Investment Corporation Limited, Jaipur, at Neemrana Phase 1 as an Industrial Park under clause (iii) of sub section (4) of section 80 IA, subject to conditions including specified project parameters, minimum infrastructure expenditure thresholds, a requirement that a minimum number of units be located in the Park before tax benefits accrue, operator continuity during the benefits period, fresh approval if commencement is delayed beyond one year, and invalidity for material misrepresentation or unauthorized amendments.

Industrial park notification under section 80IA conditions tax-benefit eligibility on infrastructure, unit thresholds and compliance.
Notification under Section 80IA(4)(iii) designates the industrial part of M/s. Rajasthan State Industrial Development & Investment Corporation Limited at Khushkhera as an approved industrial park for tax-benefit purposes, conditioned on meeting specified area, unit, investment and infrastructure requirements, continued operation by the notifying undertaking, independent statutory and foreign investment approvals, and adherence to the Industrial Park Scheme, 2002; failure to disclose material facts, unauthorized amendments, delays beyond one year without fresh approval, or noncompliance may invalidate or occasion withdrawal of the approval.

Industrial park tax benefits: eligibility granted subject to infrastructure, unit composition, operation and compliance conditions.
Notification designates M/s. Annapurna Builders' undertaking as an industrial park under Section 80-IA(4)(iii), subject to conditions requiring specified area allocation, a minimum number of industrial units, and minimum infrastructure and built-up investment thresholds. Infrastructure must include common roads, water, sewerage, effluent treatment, telecom and power provided on commercial terms. Tax benefits are available only after the minimum unit threshold is met and while the developer continues park operations. Approval may be invalidated for material misrepresentation, undisclosed changes to the project plan, duplicate location approvals, or non-compliance, and transfer of operation must be notified to the designated authority.

Industrial Park notification: tax benefits available only if qualifying infrastructure is provided and minimum unit occupancy achieved.
Central Government notifies M/s. Ramky Pharma City (India) Limited as an Industrial Park under clause (iii) of sub section (4) of section 80 IA, subject to annexed conditions detailing location, activities, allocable industrial/commercial area, minimum unit occupancy, investment and commencement date. Approval requires prescribed minimum infrastructure expenditure, relevant regulatory consents, continuation of operation by the undertaking, and actual location of the minimum number of units before tax benefits under the Act may be availed; non compliance, misinformation, unauthorised amendments, transfer procedures, or delayed commencement may invalidate or lead to withdrawal of approval.

Customs notification amendment deletes clause (j) from preamble proviso under section 25(1), narrowing exemption scope.
Amendment removes clause (j) from the proviso to the preamble of Notification No. 21/2002 Customs by exercise of statutory power under the Customs Act, thereby altering the operative scope of the miscellaneous exemption provisions in that notification.

Trustee eligibility restrictions bar asset management company personnel from trusteeship and prevent trustees serving multiple mutual funds.
Amendment prohibits any asset management company and its directors, officers or employees from being appointed as trustees of a mutual fund, and further prohibits any person who is a trustee of one mutual fund from being appointed as a trustee of any other mutual fund; mutual funds not in compliance at commencement must achieve compliance within a prescribed remedial period.

Renewal of recognition granted to a regional stock exchange under Securities Contracts (Regulation) Act, subject to conditions.
Renewal of recognition is granted to Vadodara Stock Exchange Limited under the Securities Contracts (Regulation) Act for trading in securities, subject to conditions to be prescribed or imposed and on the regulator being satisfied that renewal is in the interest of trade and the public.

Customs exemption extended to Delhi metro equipment for the first phase and specified second-phase corridors.
Amendment expands the customs exemption in Notification No.21/2002 to cover all equipment, machinery and rolling stock imported for use in the metro rail project's first phase and specified corridors of the second phase, listing the covered corridors, and revises the Annexure condition 92 wording to reflect the extended project description, effected under section 25(1) of the Customs Act, 1962.

Exemption of goods procured for metro projects expanded to include Phase I and specified Phase II corridors, widening coverage.
Amendment expands the Central Excise exemption to cover all items of equipment including machinery and rolling stock procured by or on behalf of the metro rail corporation for use in Phase I and specified Phase II corridors (Vishwavidyalaya-Jahangirpuri; Central Secretariat-Qutab Minar via AIIMS; Shahdara-Dilshad Garden; Indraprastha-New Ashok Nagar; Yamuna Bank-Anand Vihar-ISBT; Kirti Nagar-Mundka with link to Shahdara-Rithala). It also revises Annexure condition 18(i) to reflect the Phase I and specified Phase II wording.

Gold valuation for exchange traded funds now ties to LBMA AM fixing with prescribed currency, metric and delivery adjustments.
Gold held by gold exchange traded fund schemes must be valued at the LBMA AM fixing price in US dollars per troy ounce for 995 fineness, with adjustments for conversion to metric measures and conversion of US dollars to Indian rupees by the RBI reference rate declared by FEDAI, and addition of transportation charges and notional customs duty and applicable taxes or a notional delivery premium; greater fineness uses the relevant LBMA AM fixing price. Non standard bars must be assayed and converted into LBMA good delivery standard bars prior to valuation.

Special Economic Zone notification designates land parcels at Bayyavaram and Thupakulagudem for SEZ use under central notification.
Notification S. O. 2131(E) dated 20-12-2006 designates a Special Economic Zone at Bayyavaram and Thupakulagudem, West Godavari District, Andhra Pradesh, and contains a detailed schedule listing individual land parcels by village, survey identifiers and area figures, which together define the territorial extent of the notified SEZ.

Special Economic Zone notification designates specified survey parcels for a multi product SEZ following statutory approval.
The Central Government, under section 4(1) of the Special Economic Zone Act, 2005 and rule 8 of the SEZ Rules, 2006, notifies specified survey numbers and areas in the villages Dahej, Ambheta, Luvara, Suva, Lakhigam and Jageshwar, Taluka Vagra, District Bharuch, Gujarat, as a Multi product Special Economic Zone, following grant of a letter of approval to M/s. Dahej SEZ Limited after satisfaction of the section 3 requirements.

Anti-dumping duty extension on partially oriented yarn maintains provisional levy pending review, subject to statutory renewal limits.
The Central Government amended Notification No. 97/2002-Customs by inserting a paragraph providing that the anti-dumping duty on Partially Oriented Yarn from Republic of Korea and Turkey shall remain in force up to and inclusive of 26th December 2007, unless revoked earlier, exercising powers under sub-sections (1) and (5) of section 9A of the Customs Tariff Act, 1975 and rule 23 of the relevant anti-dumping Rules, following a review initiation and request for extension by the designated authority.

Duty Free Entitlement: exemption now covers the whole additional duty under Section 3, amending prior notifications.
Amendment directs substitution of clause (b) in the opening paragraph of Notification No. 53/2003-Customs and Notification No. 54/2003-Customs so that exemption under the Duty Free Entitlement Credit Certificate Scheme extends "from the whole of the additional duty leviable thereon under Section 3 of the said Customs Tariff Act; and", thereby clarifying that the additional duty under Section 3 is included within the exemption.

Special Economic Zone declaration designates a pharmaceutical SEZ at Hassan enabling development and operation under the SEZ Act.
The Central Government, under section 4(1) of the SEZ Act, 2005 and rule 8 of the SEZ Rules, 2006, notifies specified survey numbers and land parcels at Hassan, Karnataka, as a sector specific Special Economic Zone for pharmaceuticals; the notification follows grant of a letter of approval under section 3(10) and satisfaction of section 3(8) requirements, and sets out the territorial extent and aggregate area of the SEZ for development and operation.