Prohibition on transboundary movement of hazardous waste: imports and exports barred unless authorized under implementing environmental regulations.
The notification invokes customs regulatory power to prohibit import into India and export out of India of hazardous wastes specified in Scheduled VI to the Hazardous Waste (Management, Handling and Transboundary Movement) Rules, 2008, as a measure to protect human, animal and plant life and health, subject to exceptions provided under the Environment (Protection) Act and its rules, and suppresses an earlier customs notification while preserving prior actions under it.

Anti-dumping duty extension preserves measures on peroxosulphates imports from specified origins under statutory continuation procedures.
The Central Government, exercising powers under sub sections (1) and (5) of Section 9A of the Customs Tariff Act and rule 23 of the relevant anti dumping rules, amends Notification No. 96/2007 Customs so that the anti dumping duty on imports of Peroxosulphates originating in or exported from China PR and Japan shall remain in force up to and inclusive of the 18th day of March, 2013, unless revoked earlier.

Anti-dumping duty on phosphoric acid imports from Israel and Taiwan to address dumped imports causing material injury.
Definitive anti-dumping duty is imposed on imports of phosphoric acid (excluding agriculture/fertiliser grade) from Israel and Taiwan after findings of export below normal value, material injury to domestic industry, and causal link; rates vary by producer, exporter and trade route as set in the notification, duties are payable in Indian currency with exchange rate determined by the notified Customs Act rate, and the levy remains effective for five years from the provisional duty imposition date unless earlier changed.

Rescission of Anti-dumping Duty on phosphoric acid imports from specified origins revokes earlier notification while preserving prior actions.
Rescission of Notification No. 04/2012 Customs (ADD) concerning anti-dumping duty on imports of phosphoric acid (excluding agriculture/fertilizer grade) originating in or exported from Israel and Taiwan, effected under section 9A of the Customs Tariff Act and applicable anti-dumping rules, with the rescission not affecting things done or omitted to be done prior to its operation.

Export permission for wheat products extended; limit retained and exports allowed only from Customs EDI ports.
Amendment extends the previously granted export permission for the aggregate quantity of specified wheat products and substitutes the earlier expiry date in the notification's table; all other conditions remain unchanged and exports continue to be permitted only from Customs EDI ports under the same export policy classification and unit limit.

Tariff classification amendment broadens the table entry by replacing specific packaging paper with all goods for the listed item.
Corrigendum revises the tariff table entry by adding an additional tariff classification code and replacing the specific goods description of aseptic packaging paper with the general description "All goods," thereby broadening the scope of the table item.

Tariff value fixation updated for specified edible oils, brass scrap, poppy seeds, and precious metals under Customs Act.
Fixation of tariff values under sub-section (2) of section 14 of the Customs Act, 1962 by substituting revised Tables in Notification No. 36/2001-Customs (N.T.), specifying US dollar per metric tonne values for listed edible oils, brass scrap and poppy seeds, and prescribing unit tariff values for gold and silver where specified notification concessions are availed, thereby providing operative valuation benchmarks for customs assessment.

Rules of origin updated to add a compression refrigerator freezer origin criterion and permit third country invoicing with certificate details.
The amendment prescribes an origin criterion for specified compression-type combined refrigerator freezers requiring a change at the six digit HS level and a minimum local value added content, and it permits customs to accept certificates of origin when sales invoices are issued by third country entities provided the product meets the rules of origin; exporters must indicate third country invoicing and the issuer's name, address and country on the certificate.

Effective date amendment to customs duty notification extends the implementation date, postponing earlier commencement by government.
The Central Government, acting under sub-section (1) of section 25 of the Customs Act, 1962, amends Notification No. 12/2012-Customs by substituting the figures and words in the proviso, clause (b), to change the operative commencement date for the prescribed rate of duty on import of goods.

Irrevocable Payment Commitment: custodian banks may issue IPCs for FII purchases under PIS, subject to regulatory exposure limits.
The Regulations add a definition of Irrevocable Payment Commitment (IPC) as an irrevocable confirmation by a custodian bank to a stock exchange/clearing corporation to meet payment obligations on buy transactions, and authorise custodian banks to issue IPCs for registered FII clients for purchases under the Portfolio Investment Scheme. IPCs issued prior to receipt of customer funds are to be reckoned in the custodian bank's Capital Market Exposure and must comply with regulatory exposure limits and Reserve Bank/DBOD directions.

Excise duty rate change: amendment substitutes tariff entries to impose a revised duty on specified petroleum tariff items.
Amends an earlier Central Excise notification by substituting serial number 15 in the tariff Table to relist specified subheadings within Chapter 2710 and to prescribe the excise duty applicable to those tariff items, effectuated through Notification No. 22/2012 Central Excise as an amendment to Notification No. 18/2012 Central Excise.

Record access obligation requires assessees and dealers to produce specified records and audit reports to authorized auditors.
The amendment updates the Central Excise Rules, 2002 by deleting a reference to section 11AB in rule 7(4), substituting a reference to the CENVAT Credit Rules, 2004 in rule 11's Explanation, and replacing rule 22(3) to require every assessee and first- and second-stage dealer, on demand, to make available records maintained under rule 22(2), cost audit reports under section 233B of the Companies Act, and income-tax audit reports under section 44AB of the Income-tax Act to authorized officers, deputed audit parties, the Comptroller and Auditor-General, or nominated cost/chartered accountants within specified time limits.

Central excise duty rate revision applies to food grade hexane and naphtha under the tariff framework.
Substitutes serial number 73 in notification No. 12/2012-Central Excise to prescribe an excise duty for goods under tariff heading 2710, identifying the affected goods as food grade hexane and naphtha; amendment promulgated under the powers of section 5A of the Central Excise Act, 1944 and published by notification dated 30th March, 2012 as a public interest measure.

Anti-dumping duty continuation on bias tyres from specified origins extended pending sunset review until further notification.
The Central Government, under sub-sections (1) and (5) of Section 9A of the Customs Tariff Act and rule 23 of the relevant rules, amends the earlier notification to continue anti-dumping duty on new/unused pneumatic non-radial bias tyres, tubes and flaps originating in or exported from China PR and Thailand, by providing that the notification shall remain in force up to and inclusive of 07th October, 2012 unless revoked earlier.

Depreciation on windmills limited by installation cut off, distinguishing tax treatment for pre and post cutoff installations.
The Income tax (4th Amendment) Rules, 2012, effective 1 April 2012, insert the words "installed on or before 31st day of March, 2012" into clauses (l) and (m) of item (8), sub item (xiii) under "III. Machinery and Plant" in New Appendix I Part A (Tangible Assets), thereby restricting the pre amendment depreciation treatment to wind energy plant and machinery installed on or before that date.

Special Economic Zone designation for biotechnology parcels creates a regulated SEZ with an Approval Committee and customs depot status.
Notification designates a sector-specific Special Economic Zone for biotechnology at Village Manjari Budruk, Taluka Haveli, District Pune, proposed by M/s. SEZ Bio-Tech Services Private Limited, and notifies specified survey parcels totalling 11.50675 hectares as the SEZ. It constitutes an Approval Committee composed of ex officio members including the Development Commissioner (Chairperson), Department of Commerce nominee, Zonal Joint DGFT, Commissioners of Customs/Central Excise and Income Tax (or nominees), Director (Banking) Ministry of Finance, two State nominees, and a Developer representative. The area is deemed an inland Container Depot under the Customs Act from the appointed date.

Periodic reporting requirement for merchant bankers imposed, with Board to specify submission manner and Schedule IV omitted.
Amendment substitutes regulation 28(2) to require merchant bankers to submit periodic reports in such manner as may be specified by the Board, centralising the form and manner of reporting. The Amendment further omits Schedule IV from the principal Regulations and takes effect on publication in the Official Gazette, thereby altering reporting and compliance obligations under the merchant bankers regulatory framework.

Special Economic Zone area change: denotification and inclusion of land approved, altering the zone's territorial composition.
Notification under the Special Economic Zones Act, 2005 exercising the Central Government's powers under section 4 read with rule 8 to denotify 1.095 hectares and notify an additional 52.093 hectares in the sector specific handicraft SEZ at Kalwara, resulting in a revised SEZ area of 153.7639 hectares, with specific survey/khasra numbers tabulated and statutory prerequisites under sub section (8) of section 3 confirmed as satisfied.

Special Economic Zone designation confirmed for Mundra area, Approval Committee constituted and zone deemed an Inland Container Depot.
Notification designates a multi product Special Economic Zone at Village Dhrub, Mundra, Gujarat, aggregating 1,840 hectares, records grant of a letter of approval for development, and names the developer as special invitee. It constitutes an Approval Committee chaired by the Development Commissioner with specified ex officio central and state members and two state nominees. The Zone is declared deemed to be an Inland Container Depot under the Customs Act with an appointed date of effect.

Common adjudicating authority assignment: show cause notices transferred for consolidated adjudication under customs adjudicatory powers.
The Board, invoking powers under the Customs Act and Notification No.15/2002 (NT), assigns a list of show cause notices issued by the DRI Zonal Unit, Bangalore concerning M/s. SAP India Systems and various other parties to the Commissioner (Adjudication), New Customs House, for consolidated adjudication; an annexed Table lists each notice with file reference and issuing authority, and administrative copies are circulated to relevant offices.