Commencement of VAT amendments: specified amendment sections to commence on appointed dates, altering DVAT applicability.
The notification appoints 31 March 2012 as the date on which section 6 of the Delhi Value Added Tax (Amendment) Act, 2012 shall come into force, declares the other provisions to come into force from 1 April 2012, and deems sections 7 and 8 of the Amendment Act to have come into force with effect from 1 April 2005.

Tariff amendment updates classification exceptions, increases an item column entry, and corrects cross references in condition provisions.
Corrigendum amends Notification No. 12/2012-Customs by altering Table entries-expanding an exclusion in S. No. 236 and changing the column (6) entry for item (b) in S. No. 516-and by correcting Condition No. 74 cross references, replacing item (ii)/(iii) references with item (b)/(c) respectively.

Customs port appointment: Dabhol Port authorised for specified unloading, loading and shipbuilding export activities.
Revises the Table entry for Dabhol Port in Notification No.62/94-Customs (N.T.) to specify permitted customs operations: unloading of machinery and equipment for Ratnagiri Gas and Power Private Limited power project; unloading of fuel; loading of such imported machinery for export; unloading of goods for manufacture and repairs of cargo ships, barges and similar vessels by M/s. Bharati Shipyard Limited; and export by M/s. Bharati Shipyard Limited of cargo ships, barges and similar vessels.

Prohibition on import of acetate tow and filter rod limited to manufacture of specified products.
Amends Notification No.16/2011-Cus (N.T.) by substituting, against S.No.2 in the Table, the column (4) entry with "Filter cigarettes, bidis or Pharmaceutical products of Chapter 30", thereby restricting import of the specified inputs to use in manufacture of those goods and clarifying the permissible end-uses under the principal notification.

Exchange rate determination for specified foreign currencies governs conversion into Indian rupees for import and export goods.
Central Board of Excise and Customs, under section 14 of the Customs Act, 1962, prescribes rates of exchange for conversion between specified foreign currencies and Indian rupees for imported and export goods, superseding the earlier notification except for actions already taken. Two schedules are published: Schedule I lists per unit rupee equivalents for major currencies with separate import and export rates, and Schedule II lists the rupee equivalent for one hundred units of Japanese Yen with distinct rates.

Customs duty rate amended to specify a revised effective rate on certain imported goods under existing notification.
The Central Government, invoking section 25 of the Customs Act, 1962, amends Notification No. 12/2012-Customs by substituting in the Table at S. No. 200, column (5), against item (i) the entry "1%", thereby revising the effective rate of duty for that item under the principal miscellaneous exemption notification.

Filing requirements expanded: residents with foreign assets or signing authority must use prescribed ITR forms and electronic filing.
Amendment to rule 12 inserts provisos excluding from certain clauses a resident individual or HUF who has assets located outside India or signing authority in an overseas account, updates year references, and adds clauses requiring individuals or HUFs above a specified income threshold, and resident individuals or HUFs with foreign assets or signing authority who must use ITR-2/ITR-3/ITR-4, to furnish returns in the prescribed electronic manner; Appendix II ITR forms are substituted accordingly.

Special Economic Zone designation for IT/ITES and manufacturing enables notified area and establishes Approval Committee and ICD status.
Notification designates a sector specific SEZ for information technology and IT enabled services including software and hardware manufacturing at Kalwara, Jaipur, based on approval granted to M/s Mahindra World City (Jaipur) Limited. It identifies survey numbered land parcels totalling 56.9130 hectares as the notified SEZ area, constitutes an Approval Committee with specified ex officio members and special invitee, and declares the SEZ to be deemed an Inland Container Depot under the Customs Act effective 27th March 2012.

CENVAT credit restriction where exemption under specified notifications is availed; credit disallowed for listed exempted goods.
The amendment revises rule 2(d) to include goods exempted under the earlier notification and specified entries of a subsequent notification, narrows rule 2(l)(BA) to motor vehicles that are not capital goods (effective from the first day of April, 2012), and substitutes the proviso to rule 3(1)(i) to provide that CENVAT credit shall not be allowed where exemption benefits are availed under the specified notifications; the rules take effect on publication in the Official Gazette.

Prohibition on pulse exports extended; limited exceptions for Kabuli Chana and certified organic pulses under conditions.
Prohibition on exports of Pulses is extended to 31 March 2013, but does not apply to Kabuli Chana or to limited exports of organic pulses and lentils which are conditionally permitted.

Special Economic Zone expansion: inclusion of additional land increases notified SEZ area under SEZ Act authority.
The Central Government, exercising powers under the proviso to section 4 of the Special Economic Zones Act and rule 8 of the SEZ Rules, notifies inclusion of a parcel (survey number specified) of 2.023 hectares into the sector specific IT/ITES SEZ at Bellandur Village, thereby increasing the aggregate notified SEZ area.

Special Economic Zone designation grants inland container depot status and establishes an approval committee and governance structure.
The Central Government notifies a sector-specific Special Economic Zone for Free Trade and Warehousing at Village Dhrub, Mundra, certified as meeting statutory prerequisites for development, operation and maintenance by the approved developer; it constitutes an Approval Committee composed of specified ex officio members and a developer representative; and it declares the zone to be deemed an Inland Container Depot for customs purposes, thereby bringing the area within the SEZ and customs regulatory regimes.

VAT concession for museum purchases limited to a nominal levy, subject to public display and refund reimbursement conditions.
Amendment to the Sixth Schedule grants KNMA a restricted refund treatment on local art purchases to have the effect of a nominal levy, conditioned on public accessibility of art works; disposal of any purchased art requires reimbursement of the refund received for that work. KNMA must file an annual inventory return within 75 days after year-end and submit a prescribed Certificate when claiming refunds confirming items are unsold and used for public display, with invoice details and supporting particulars. The notification is effective immediately.

Pre-movement electronic reporting requirement for specified petroleum products, tobacco and gutka; dealers must file movement details.
Registered dealers must electronically submit pre-movement details for specified petroleum products (excluding petrol, diesel, ATF, LPG and CNG), tobacco and gutka using the prescribed annexure Form T-1 via their login on the Department of Trade and Taxes website, with usage instructions provided online; the requirement is mandated under the Delhi Value Added Tax Act and takes effect immediately.

Customs corrigendum updates Annexure condition references, modifying specified condition identifiers to align with the tariff schedule.
Corrigendum to Notification No. 12/2012 Customs amends the Annexure by replacing the reference in Condition No. 21 from "73" to "75" and revising Condition No. 22 from "75 or 76" to "76 or 77", correcting internal condition identifiers.

Tariff classification amendment: column entries changed to any chapter, broadening applicable tariff descriptor.
The corrigendum substitutes in the Table to Notification No. 12/2012-Central Excise the entry in column (2) for the two specified serial numbers, replacing the original numeric chapter reference with the broader descriptor Any Chapter, thereby broadening the tariff classification descriptor applicable to those entries without altering other provisions of the notification.

Coastal trade scope expanded to permit all classes of goods with specific exclusions and express inclusions.
Substitutes the third proviso of Notification No. 64/1994 Customs (N.T.) so that the words "all types of coal and limestone" are replaced by "all class of goods except containers , project imports, hazardous cargo and liquid cargo, but including carbon black feed stock and edible oil", thereby redefining the scope of goods permitted for coastal trade.

Customs corrigendum updates exemption lists and narrows covered goods by excluding seconds and defectives and corrects product descriptions.
Corrigendum narrows exemptions by changing S. No. 334, column (3) to "all goods other than seconds and defectives" and revises Annexure Lists 16, 24 and 29 to correct, clarify and re-order item and equipment descriptions, including typographical fixes and more precise machinery classifications affecting which items fall within the exemption framework.

Duty determination when retail price not declared: treat packaged goods as non-packaged for excise duty calculation.
The corrigendum inserts a proviso that where retail sale price need not be declared under the Legal Metrology (Packaged Commodities) Rules, 2011 and is not declared, the duty shall be determined as in the case of goods cleared other than packaged form; it also corrects tariff table references and replaces a numeric column entry with a dash.

Tariff values for specified oils, brass scrap and precious metals maintained as the import valuation reference.
The Central Board of Excise & Customs, under section 14(2) of the Customs Act, amends Notification No. 36/2001-Customs (N.T.) by substituting TABLE-1 and TABLE-2 to prescribe tariff values for specified imports. TABLE-1 lists US dollar per metric tonne values for various vegetable oils, brass scrap and poppy seeds, with certain values noted as unchanged. TABLE-2 prescribes tariff values for gold and silver where specified notification benefits are availed, indicating reference units and unchanged entries where applicable.