Special Notified Zone permissions allow import, auction and re export of rough diamonds under customs supervision per specified procedures.
Permission is granted for import, auction/sale and re export of rough diamonds in a Special Notified Zone administered by the SNZ operator under customs supervision, applicable to authorised entities and permitting imports on consignment or outright basis; procedures for import, auction/sale and re export of unsold rough diamonds are to be specified by the customs authority.

Companies must file substituted Forms CRA-2 and CRA-4 for cost auditor appointment and cost audit report filings.
The Central Government substitutes Forms CRA-2 and CRA-4: CRA-2 mandates intimation of cost auditor appointment with corporate identifiers, product/service scope, auditor particulars, financial year, board resolution and declaration; CRA-4 mandates filing the cost audit report with company and auditor particulars, details of covered industries/products/services, confirmations on qualifications/reservations/observations, required attachments including XBRL-converted audit documents, and a digital declaration by an authorised officer.

Anti-dumping duty on Nylon Tyre Cord Fabric continued, imposing specified per kg rates for imports from designated origins and exporters.
Imposition of anti-dumping duty on Nylon Tyre Cord Fabric (sub heading 5902 10) originating in or exported from the People's Republic of China and certain third country movements, with differentiated per kg duties linked to specified producers and exporters as set out in the notification table. Duties are to be paid in Indian currency, with exchange rates determined under the Customs Act for bill of entry presentation, and the measure is effective for a five year period from publication unless revoked, superseded or amended earlier.

Dual use of SEZ non-processing area requires prescribed application, developer declarations and Development Commissioner recommendation for BOA approval.
The Developer or Co-Developer must file a prescribed application for approval of dual use of infrastructure in the SEZ Non-Processing Area, providing identification details, SEZ classification, area and investment particulars, infrastructure and service descriptions for SEZ and dual use, employment potential, DPR and financial documentation, State NOC and declarations of compliance and revenue exemption positions; the Development Commissioner will evaluate demarcation, area percentages and conformity with guidelines and forward a recommendation to the Board of Approval.

Employees' stock options and sweat equity may be issued to non-resident employees subject to sectoral caps and approval requirements.
The substituted Regulation 8 permits an Indian company to issue employees' stock options and/or sweat equity shares to non-resident directors or employees of the company, its holding company, joint venture or wholly owned overseas subsidiaries provided the scheme complies with applicable securities or companies rules, issuances to non-residents conform to the sectoral foreign investment cap, issuances in companies under the approval route require prior foreign investment approval, issuances to certain foreign nationals require prior approval, and the Reserve Bank may mandate reporting by the issuing company.

Excise duty exemption for ARV drugs and diagnostics under National AIDS Control Programme extends until specified expiry under notification.
Exemption from whole excise duty is granted for specified anti-retroviral drugs and specified diagnostics and equipment when required for the National AIDS Control Programme funded by the Global Fund, subject to production at clearance of a certificate from an officer not below the rank of Deputy Secretary in the Ministry of Health and Family Welfare certifying requirement for the programme; the exemption is issued under section 5A of the Central Excise Act and contains a sunset provision terminating its effect after a specified date.

Anti-dumping duty on imported Vitamin E excluding natural form imposed, applicable to specified origin and export combinations.
Imposition of anti-dumping duty on Vitamin E (excluding natural form) under tariff items 2936 28 00 and 2309 90 10, originating in or exported from the People's Republic of China and specified export/origin permutations, at the stated rate per kilogram in US Dollar terms (with pro rata calculation for other concentrations). The duty applies for five years from publication, is payable in Indian currency, and the applicable exchange rate for conversion is as notified under the Customs Act with the relevant date being the bill of entry presentation.

Customs duty exemption for HIV/AIDS programme imports with Health Ministry certification requirement; covers ARV drugs and diagnostics.
Customs duty and additional duty exemption applied to specified adult and paediatric anti retroviral drugs and HIV diagnostics/equipment imported for the National AIDS Control Programme funded by GFATM, conditional on pre clearance production of a certificate from a Ministry of Health and Family Welfare officer not below Deputy Secretary, and subject to a notified sunset terminating the exemption.

Liquidator appointment under Section 89 initiates winding up proceedings for Apex Urban Co operative Bank, regulatory notification issued.
Appointment of a Liquidator under the statutory framework and corresponding rule is notified, taking immediate effect to conduct the winding up of the specified Apex Urban Co operative Bank, thereby initiating the statutory administration and closure processes under the Multi State Co operative Societies regulatory scheme.

Centralized registration exemption for aluminium roofing panel manufacturers allows single registration where goods consumed at manufacturing site.
Manufacturers of aluminium roofing panels under tariff item 7610 90 10 are exempted from rule 9(2) of the Central Excise Rules, 2002 provided the panels are consumed at the site of manufacture for project execution and the manufacturer operates a centralised billing or accounting system across multiple manufacturing units and opts to register only the premises or office where centralised billing or accounting is carried out.

Import CIF threshold for areca nut increased, raising minimum permissible import price for duty free classification.
The notification revises the CIF value requirement for areca nut item descriptions (whole, split, ground, other) under specified ITC (HS) Exim Codes in Chapter 8 of ITC (HS) 2012 Schedule 1 (Import Policy), providing that these entries are classified as Free only if the CIF value meets or exceeds the newly prescribed minimum price, thereby raising the threshold that governs duty free importation for those tariff lines.

Exemptions for Nidhis tailor Companies Act provisions governing service, voting, dividends, disclosures and director remuneration.
Notification prescribes targeted exemptions and modifications for Nidhis: service and notice requirements may be satisfied by serving members above a threshold and notifying other members by local newspaper and notice board; certain share issuance and capital provisions do not apply; voting rights are capped per member; unclaimed dividends may be credited after a shorter period and small dividends may be announced in one local newspaper with notice board posting; loans to directors in member capacity are permitted with disclosure; remuneration of non executive directors may be paid monthly subject to approval and caps.

Corrigendum to notification: replaces 'Central Excise' reference with 'Customs' to correct official notification text.
Correction of a prior Gazette notification amending the English text of G.S.R. 270 (E) dated 8 April 2015 by replacing "25/2015 - Central Excise" with 25/2015 - Customs to correct the departmental classification of the original notification.

Exemptions for non-profit companies under section 8 ease governance and meeting formalities while preserving shareholder protections.
The notification prescribes specific exemptions and modifications of the Companies Act, 2013 for companies licensed under Section 8, removing minimum paid-up capital requirements, altering meeting notice and minute-keeping timelines, permitting certain board decisions by circulation, modifying quorum and director composition rules, and limiting applicability of conflict and related-party provisions to transactions above a stated threshold; benefits are subject to protection of shareholder interests and up-to-date statutory filings.

Exemptions for Government companies narrow application of certain Companies Act provisions, allowing ministerial approvals and tailored compliance.
Notification under the Companies Act, 2013 exempts or modifies specified statutory provisions for Government companies by authorising deviations in definitions, transfer formalities, governance and reporting obligations. Several provisions on directors' appointment and evaluation, board and committee requirements, related-party contracts, loans and guarantees, and certain accounting rules are disapplied or made subject to approval by the administratively responsible Ministry or State Government, while requiring that shareholder interests be protected and, in some cases, conditioning exceptions on timely statutory filings.

Exemptions for private companies: specified Companies Act provisions relaxed or modified, subject to shareholder protections.
Notification under section 462 directs that specified Companies Act provisions shall not apply to, or shall apply with modifications to, private companies; key measures include permitting omission of cash flow statements for start-ups and small companies, conditional relaxations of related-party transaction and share-issue rules subject to member consent and borrowing thresholds, modified deposit acceptance and filing obligations, reduced board meeting and disclosure requirements for one person companies, small companies and start-ups, and conditional applicability linked to non-default in statutory filings.

Anti-dumping duty imposed on ASTM-grade hot-rolled stainless steel imports, targeting specified countries and defined import scope.
Imposes anti-dumping duty on hot-rolled ASTM grade 304 stainless steel imports under headings 7219/7220 from China, Korea RP and Malaysia, based on findings of dumping, substantial margins and material injury; prescribes country- and route-specific per metric tonne duties in US dollars for defined product widths/specifications, applies for five years from notification subject to revocation or amendment, and requires payment in Indian currency with exchange rate determined by government notification.

Service rules amendment updates deputation and promotion criteria for IT and corporate posts at the Commission.
Amendment revises deputation qualifications for Joint Director (IT), Deputy Director (Information Technology) and Assistant Director (Information Technology), requiring Bachelor's or Master's degrees in Computer Science or Computer Applications and specified years of experience in designated grade pays, and removes Information Technology and Finance and Accounts from promotion eligibility for Deputy Director (Corporate Services); changes take effect on publication in the Official Gazette under clause (g) of sub section (2) of Section 63 of the Competition Act, 2002.

Companies Law Committee constituted to review Companies Act implementation and examine related reform recommendations and advise government.
A Companies Law Committee is constituted to advise the Government on implementation issues under the Companies Act, 2013; membership comprises senior Ministry officials, judicial, professional and industry representatives with a Joint Secretary (Policy) as convener; it may co-opt experts and consult regulatory bodies. The Committee must review recommendations from reform bodies while making its own recommendations, receive secretarial support from the Ministry, permit allowances to non-official members where sponsoring agencies do not fund them, and submit recommendations within six months of its first meeting.

Delegation of powers under Customs Act allows appointment of senior customs officers to adjudicate revenue intelligence investigations.
The Central Government directs that the Board's powers under the Customs Act may also be exercised by the Principal Director General or the Director General of the Directorate General of Revenue Intelligence to appoint officers at specified Commissioner-level ranks and Additional Director General for adjudication of cases investigated by that Directorate.