Rescission of anti-dumping notification removes a prior customs notice while preserving prior actions under it.
The Central Government, invoking powers under the Customs Tariff Act and anti-dumping procedural rules, rescinds a prior customs notification relating to anti-dumping measures while expressly preserving actions taken or omissions made before the rescission through a savings clause.

Anti-dumping duty on 3,4,5 Trimethoxy Benzaldehyde: imports from China subject to per unit levy under customs rules.
Imposition of anti-dumping duty on 3,4,5 Trimethoxy Benzaldehyde from the People's Republic of China is imposed under section 9A of the Customs Tariff Act and rule 23, following findings of export below normal value, material injury to domestic industry, causation by imports from China, and likelihood of recurrence; the duty applies to imports classified under Chapter 29 and the conversion to domestic currency uses the government specified rate of exchange on the date of presentation of the bill of entry.

Anti-dumping duty on Sodium Cyanide imposed, calculated as the difference between fixed amount and landed value.
Imposition of an anti dumping duty on Sodium Cyanide under sub heading 2837.11 for specified origins and exporters, calculated as the difference between the prescribed US dollar amount per metric tonne and the landed value; specified exceptions, payment in Indian currency, and definitions of landed value and applicable rate of exchange are provided.

Anti dumping duty on Theophylline and Caffeine imposed; duty equals specified margin over landed value per metric tonne.
An anti dumping duty is imposed on Theophylline and Caffeine imported from the European Union, calculated as the difference between specified reference US dollar amounts per metric tonne and the landed value per metric tonne. The duty is payable in Indian currency and is effective up to and inclusive of 30th July, 2001. "Landed value" is defined as the assessable value under the Customs Act excluding certain tariff duties, and the rate of exchange for calculation is the rate notified by the Ministry of Finance applicable on the bill of entry date.

Anti-dumping duty on sodium ferrocyanide imports from the EU imposed, payable in domestic currency and tied to landed value.
Anti-dumping duty is imposed on Sodium Ferrocyanide from the European Union, calculated as the difference between US $1535 per metric tonne and the landed value per metric tonne when imported; the duty is payable in Indian currency and effective up to and inclusive of 30th July, 2001. "Landed value" means the assessable value under the Customs Act, excluding specified customs duties, and the rate of exchange for calculation is the notified rate applicable on the date of presentation of the bill of entry under section 46.

Tax exemption under section 10(23C)(iv) granted to a charitable ashram subject to specified operational and dissolution conditions.
Notification grants tax-exempt charitable status to Sree Ramkrishna Satyananda Ashram under the specified income-tax provision for assessment years 1989-90 to 2000-2001, conditional on applying income wholly to its objects, restricting investments to forms permitted for charitable funds (excluding certain voluntary contributions retained as jewellery or furniture), excluding business income unless incidental and separately accounted, regular filing of income-tax returns, and transfer of surplus and assets on dissolution to a similar charitable organisation.

Gallantry awards specification expands eligibility by removing civilian-only limitation under Income-tax Act notification amendment provision.
Specification of gallantry awards under clause (18)(i) of section 10 is amended by deleting the words "to civilians" from the Table entries for the first three serial numbers in the earlier notification S. O. 1048(E), thereby revising the eligibility description used to identify awards for the purposes of the section.

Customs duty exemption for disaster relief imports - conditional waiver requires importer certification and local authority donation certificate.
Goods under the First Schedule to the Customs Tariff Act, 1975 imported for donation to assist earthquake victims are exempt from customs duty and additional duty under section 3, provided the importer certifies the donation on clearance documents, goods are sent to government or approved relief agencies, and a District Magistrate's certificate confirming donation is produced within three months or such extended period as allowed.

Excise duty exemption for donated relief goods preserves tax-free supply for earthquake rehabilitation operations.
Exemption from central excise duty is granted for goods in the First and Second Schedules when donated or purchased from cash donations for Gujarat earthquake relief and rehabilitation, subject to: manufacturer certification on clearance documents of donation without charge; direct dispatch from factory or warehouse to government or approved relief agencies; and production within three months (or extended period) of a District Magistrate's certificate confirming donation. The exemption covers the whole excise duty under the relevant Acts and is effective up to 31 July 2001.

Exchange rate determination for exports: prescribed currency conversion rates govern export valuation under the Customs Act.
The Central Government, under powers conferred by sub-clause (a) of sub-section (3) of Section 14 of the Customs Act, 1962, prescribes specific foreign currency to Indian rupee conversion rates for export goods valuation and supersedes the earlier notification. The notification sets out two schedules: Schedule I with rupee equivalents per one unit of foreign currency and Schedule II with rupee equivalents per one hundred units, and specifies that those rates apply from the commencement date stated in the notification.

Exchange rate notification sets official foreign currency conversion rates for import valuation and stamp duty application.
Prescribes official conversion rates for specified foreign currencies into Indian rupees for calculating stamp duty under the Indian Stamp Act, 1899 and for Customs valuation of imported goods under Section 14 of the Customs Act, 1962, superseding the earlier notification; rates in Schedule I (per unit) and Schedule II (per 100 units) apply from the stated commencement date and are to be used by customs and stamp authorities for import valuation and stamp duty assessment.

Rule amendment expanding sale of shares to include debentures, altering Form No.22 reporting scope.
The Rules amend Form No.22 by substituting the words "sale of shares" with "sale of shares or debentures" in item 8, expanding the form's scope to cover debenture transactions; the amendment is made under the rule making powers of the Companies Act and comes into force on publication in the Official Gazette.

Tax exemption notification under section 10(23C)(iv) grants charitable status to a museum subject to compliance and asset transfer conditions.
Notification under section 10(23C)(iv) grants the K.D. Malaviya National Oil Museum, New Delhi notified status for assessment years 2000-2001 and 2001-2002 subject to conditions: apply or accumulate income wholly and exclusively to stated objects; restrict investments to forms permitted by the Act (except certain voluntary contributions retained as tangible items); exclude business profits unless incidental and separately accounted; file returns regularly; and on dissolution transfer surplus and assets to a charitable organisation with similar objectives.

Safeguard duty on Gamma Ferric Oxide imposed with phased ad valorem rates and limited duration, subject to licence exemptions.
Imposition of Safeguard duty on Gamma Ferric Oxide imports is prescribed in phased ad valorem rates for a limited period to remedy injury to domestic producers, with exemptions for specified Advance Licence imports subject to restricted use and for imports from countries notified as developing, and contingent on the Director General (Safeguards) final findings under the Customs Tariff safeguard rules.

Appointment of Customs Port: Ennore authorised for unloading imported goods and loading export goods under amended notification.
Amendment modifies Notification No. 62/94-Customs (NT) to substitute the Ennore entry, expressly authorising the port for unloading of imported goods and loading of export goods, or any class of such goods, thereby clarifying the operational scope of the Ennore customs port under the Customs Act powers.

Mutual fund valuation rules: thinly traded and illiquid securities valuation and 15% illiquid holdings cap enforced by guidelines.
The amendment revises valuation, concentration and disclosure rules under the SEBI (Mutual Funds) Regulations, 1996: it substitutes a prior numerical threshold from sixty to thirty, mandates valuation of thinly traded securities per Board guidelines, caps aggregate illiquid securities at 15% of scheme assets with prescribed valuation for excess, requires provisioning for accrued but unpaid investment income per guidelines, and requires balance sheets to disclose aggregate carrying and market value of non-performing investments defined by absence of dividend or interest for the guideline-specified period.

Foreign currency accounts: foreign nationals deputed to India may receive part of salary abroad subject to rupee payment and tax.
A new sub regulation permits a foreign national resident in India deputed by a foreign company to open and maintain a foreign currency account abroad and receive salary for services rendered in India credited thereto, subject to conditions that no more than 75 per cent of the salary be credited to such account, the remainder be paid in rupees in India, and income tax under the Income Tax Act, 1961 be paid on the entire salary as accrued in India.

Rescission of anti-dumping duty after finding imports caused no injury, duty on specified chemical revoked.
The designated authority found that imports of 8-Hydroxy Quinoline from the subject country did not cause injury or material injury to the domestic industry and that cessation of the anti-dumping duty would not likely cause continuation or recurrence of injury; accordingly, the Central Government rescinds the earlier notification imposing anti-dumping duty, without affecting actions taken prior to rescission.

Rescission of anti-dumping notification under Customs Tariff Act withdraws prior exemption while preserving past actions.
The Central Government, invoking section 9A(1) of the Customs Tariff Act and Rules 18 and 20 of the anti dumping Rules, rescinds the earlier customs notification that had operated as a miscellaneous exemption, with the rescission not affecting things done or omitted before the rescission.

Anti-dumping duty imposed on Theophylline and Caffeine from China, maintaining trade remedy to prevent material injury.
The Central Government, acting under the Customs Tariff Act and anti dumping rules, imposes anti dumping duties on Theophylline and Caffeine originating in or exported from the People's Republic of China, following findings of dumped exports and material injury to the domestic industry. The notification fixes duty rates in US dollars per kilogramme (Theophylline 5.71; Caffeine 6.86) and provides that the applicable rate of exchange for converting these amounts shall be the rate published by the Ministry of Finance, with the relevant date being the bill of entry presentation date.