Effective Rate of Duty reduced to nil for specified Chapter 15 goods; certain tariff entries omitted and food served in hotels excluded.
The notification substitutes the table entry at S. No. 10 to cover goods under tariff heading 1516 (with a specified subheading exception) at a nil effective rate of duty, omits the entries previously at S. Nos. 13 and 17, and provides that the exemption does not apply to food preparations (including meat preparations) of the relevant chapters when prepared or served in a hotel, restaurant or retail outlet.

Effective excise duty rate revised with cenvat credit; amendment substitutes and omits tariff entries to refine covered goods.
Amendment to Notification No. 2/2011-Central Excise substitutes and omits specific Table entries to refine the scope of goods covered under miscellaneous exemptions, specifying revised descriptions for silicon goods, fertilizer-related goods, radio trunking terminals, and excluding certain railway track machines, while removing an explanatory provision and deleting one serial entry, and contemplating an effective duty rate with cenvat credit on specified items.

Tariff amendment refines product descriptions and adjusts applicable duty treatment for specified goods under excise rules.
Amendment exercises statutory authority to modify Table entries of an earlier Central Excise notification: substituting revised product descriptions against specified serial entries, deleting one explanatory note, and replacing a goods description while preserving an exception for railway track machines; these textual changes implement a one percent effective duty rate on the specified items and thereby alter the scope of exemption and duty applicability.

Effective excise duty cap on mobile handsets limits payable duty to a nominal ad valorem rate, excess duty exempted.
The notification exempts mobile handsets, including cellular phones under the Central Excise Tariff, from excise duty to the extent that such duty exceeds an amount calculated at a specified ad valorem rate, thereby capping the effective duty payable on qualifying handsets and disapplying any excess duty.

Tariff value reduction lowers valuation for branded readymade garments and deems transaction value as tariff value in brand transfers.
Tariff value for branded readymade garments is reduced from the earlier percentage of retail sale price to a lower percentage, changing the notional value for duty computation. Where goods bearing another person's brand are sold by a manufacturer to the brand owner and the retail sale price is not affixed, the transaction value of that transfer is deemed to be the tariff value; "transaction value" has the meaning assigned under section 4 of the Central Excise Act, 1944.

MRP based duty expanded to include additional listed goods, bringing them within the scheduled MRP duty framework.
Amendment inserts additional tariff entries into the principal excise notification, identifying specific goods (including margarine, processed food products, certain beverages, medicaments, vaccines, inks, hygiene products, feeding accessories, gloves, stationery, water filters, mobile handsets, modem cards and recorded media) and assigning to each the duty designation shown in the Table, thereby extending the scope of the MRP based duty framework under the existing notification.

Centralized registration permits mines with centralized billing to register a single office instead of multiple mine premises.
The notification exempts mines producing specified mineral-fuel goods from territorial registration under rule 9(2) of the Central Excise Rules, 2002 when the producer or manufacturer has a centralized billing or accounting system, permitting registration of only the premises or office from which such centralized billing or accounting is conducted.

Cenvat Credit scope expanded: inclusion of jewellery and other precious metal articles under additional tariff headings.
Substitutes the phrase "jewellery falling under heading 7113" with "jewellery or other articles of precious metals falling under heading 7113 or 7114 as the case may be" in clause (naa)(i) of rule 2 and in the first proviso to sub rule (1) of rule 4 of the CENVAT Credit Rules, 2004, thereby expanding the descriptive coverage to include both jewellery and other articles of precious metals under the specified tariff headings.

Quarterly return requirement for units availing excise exemption, and inclusion of jewellery under an expanded tariff heading.
Where an assessee availing the exemption notification and manufacturing only the exempted goods is required to file a quarterly return, in the form specified by the Board, of production and removal of goods and other relevant particulars within ten days after the close of the quarter; rule 12AA is amended to extend coverage to jewellery or other articles of precious metals falling under an additional tariff heading.

Warehousing station declaration enables customs warehousing at a specified location for an Export Oriented Unit purpose.
Exercising powers delegated under clause (a) of Section 152 of the Customs Act and Notification No. 33/94-Customs (N.T.), the Commissioner declares Thiruvirunthanpuilli-2 Village, Ambasamudram Taluk, Tirunelveli District, Tamil Nadu to be a warehousing station under Section 9 of the Customs Act for the limited purpose of setting up an Export Oriented Unit.

Newsprint Control Order amendment adds an indigenous mill to the Schedule under Industries (Development and Regulation) Act.
Amendment to the Newsprint Control Order, 2004 made under Section 18G of the Industries (Development and Regulation) Act adds a new Schedule entry for M/s. Kohinoor Paper and Newsprint (P.) Limited at Falta Industrial Growth Centre, thereby updating the list of authorised indigenous newsprint manufacturers and taking effect on publication in the Official Gazette.

Appointment of VAT Inspectors under statutory powers to assist VAT administration and enforcement across the territory.
The Lt. Governor, invoking clause (a) of sub-section (2) of Section 66 of the Delhi Value Added Tax Act read with rule 47 of the Rules, appoints specified Grade II (DASS) officials as Value Added Tax Inspectors, effective from assumption of charge, to assist the Commissioner of Value Added Tax in administering and enforcing the Act.

Minimum Export Price of onions revised by DGFT reducing export thresholds for general and specific varieties.
The notification amends earlier DGFT export notifications by substituting prescribed Minimum Export Price (MEP) phrases for specified onion categories, resetting the MEP for onions other than Bangalore Rose and Krishnapuram to a lower level and separately resetting the MEP for Bangalore Rose and Krishnapuram onions to a reduced level; the amendment takes immediate effect and supersedes prior MEP specifications recorded in earlier notifications.

Mandatory e-filing for annual VAT dealers requires electronic return submission within the statutory filing deadline, additional to existing returns.
The notification requires dealers whose tax period is one year to file returns in electronic form within seventy-two days after the tax period end, effective from the period ending 31 March 2011 (example deadline 11.06.2011); the electronic return must be filed in the prescribed manner and is over and above the return required under sub-section (1) of section 26.

Export prohibition on pulses extended with exceptions for Kabuli Chana and certified organic pulses under APEDA registration and port rules.
Export prohibition on pulses is extended until 31.03.2012, with two exceptions: Kabuli Chana and organic pulses subject to an annual ceiling and conditions requiring APEDA certification, prior registration of export contracts with APEDA, and shipment only through Customs EDI ports.

Committee member remuneration updated to provide daily allowance and boarding and lodging reimbursement for government nominated members.
The amendment to sub-rule 17(1) of the Chartered Accountants (Procedure of Investigations of Professional and Other Misconduct and Conduct of Cases) Rules, 2007 provides that members of Committees nominated by the Central Government shall be paid a daily sitting allowance and reimbursed for boarding and lodging in respect of outstation nominees; the amendment is effected under the Chartered Accountants Act, 1949 and takes effect from publication in the Official Gazette.

Special Economic Zone designation for biotechnology enables approved development, constituted approval committee and customs ICD status.
Notification establishes a Special Economic Zone for biotechnology at Villages Kodur and Settepalli, covering 10.53 hectares with specified survey numbers, grants approval for development, operation and maintenance under the SEZ framework, constitutes an Approval Committee with listed ex officio members and a developer representative as special invitee, and declares the zone deemed to be an Inland Container Depot for customs purposes as of the appointed date.

Denotification of Special Economic Zone reduces the notified SEZ area and restores specified land parcels to non SEZ status.
Denotification reduces the sector specific SEZ for information technology and IT enabled services at Devarabeesanahalli, Bhoganahalli and Doddakanahalli from 27.91 hectares by denotifying 9.50 hectares, resulting in a revised notified area of 18.41 hectares. The Central Government, exercising powers under the Special Economic Zones Act and SEZ Rules, approved the developer's proposal and specified parcel level survey numbers and area adjustments that either remain within or are removed from the notified SEZ boundary.

Recognition renewal under Securities Contracts (Regulation) Act granted to stock exchange for limited term, subject to SEBI compliance.
Renewal of recognition is granted to United Stock Exchange of India Limited under the Securities Contracts (Regulation) Act for a one-year term commencing in March 2011 and ending in March 2012 for contracts in securities, subject to conditions stated and to such conditions as may be prescribed or imposed by SEBI from time to time.

Creation of Directorate of Income-tax (Expenditure Budget) to centralise budget management and expenditure oversight under Grant No. 42.
A Directorate of Income-tax (Expenditure Budget) is established as the nodal authority for Grant No. 42 to issue budget circulars, examine and consolidate BE/RE/FR proposals, allocate object-head provisions, prepare Statements of Budget Estimates, monitor expenditure with monthly and quarterly reviews, propose re-appropriation and surrender of savings, finalise appropriation accounts with Principal CCA, and handle audit and committee follow-up.