Anti dumping duty on Poly Vinyl Chloride Paste Resin imposed, defining origin/export scope, rates, exclusions and currency conversion.
Imposition of anti-dumping duty on Poly Vinyl Chloride Paste Resin (heading 3904) originating in or exported from Norway and Mexico is prescribed after findings of exports below normal value and material injury to the domestic industry. The notification sets differentiated duty amounts by origin/export combinations and, in one case, by a named producer/exporter; specifies units and currency for each entry; excludes specified other PVC resins and co-polymers; fixes effectiveness for a prescribed period from Gazette publication; and directs use of government notification exchange rates with the bill-of-entry date as the relevant date.

Anti-dumping duty on Flexible Slabstock Polyol: duties differentiated by country of origin and export, payable in domestic currency.
Definitive anti-dumping duty is imposed on Flexible Slabstock Polyol (molecular weight 3000-4000) following findings of dumping, material injury and causation; duties are differentiated by country of origin and country of export, specified by customs sub-heading, unit and currency, payable in Indian currency. The imposition is made under section 9A of the Customs Tariff Act read with the 1995 Anti-dumping Rules, for a statutory period subject to revocation or amendment, with exchange rate for conversion determined as per Department of Revenue notifications and the bill of entry date.

Anti-dumping duty extension on Coumarin maintained to continue protection against dumped imports from specified origin.
The Central Government, acting on a review recommendation by the designated authority, amends the principal notification imposing anti-dumping duty on coumarin from the People's Republic of China to extend the operation of that notification for a further one-year period by inserting a clause that keeps the duty in force up to and inclusive of the specified extended date, unless revoked earlier.

Minimum export price reduction for onions results in an adjusted export threshold under Letter of Credit requirement policy.
The notification amends export conditions to permit onion exports at specified ITC (HS) serial numbers only on Letter of Credit and subject to a Minimum Export Price (MEP) of US$ 850 F.O.B. per metric ton until further orders, and records an operative reduction of the MEP for listed onion varieties to US$ 250 per metric ton, down from US$ 300 per metric ton.

Power plant location rule: permit generation only in non-processing areas; processing-area plants lose O&M benefits and must be reclassified.
Establishment of power plants is permitted only in the Non-Processing Area of SEZs; existing power plants in Processing Areas shall be demarcated as Non-Processing Areas and will no longer be eligible for operation and maintenance (O&M) benefits, with an action taken report to be furnished.

Assessment of compensation under companies amalgamation rules confirms share swap and preservation of creditor rights.
The Joint Director (Accounts), as competent authority under rule 12-A, assessed member and creditor entitlement for the proposed amalgamation of National Spot Exchange Limited into Financial Technologies (India) Limited. Independent valuers recommended a range of fair values and a share exchange formula; the order directs issuance of fully paid transferee shares to former members according to the prescribed swap ratio, cancellation of the dissolved company shares held by the transferee, rounding of fractional entitlements, allotment form, and records that creditors' rights are preserved by draft amalgamation clauses so no separate compensation is required.

Exchange rate determination for specified foreign currencies governs conversion for import and export valuation effective from 2 April.
Determination of exchange rates under section 14 of the Customs Act, 1962, effective from 2 April 2015, prescribing rupee conversion rates for specified foreign currencies for import and export valuation. The Central Board of Excise and Customs supersedes the earlier notification and provides two schedules: Schedule I with per unit rates for major currencies (separate imported and export rates) and Schedule II with rates per 100 units for currencies so quoted.

Extension for filing Form 3CEDA granted; agreements may be revised to include rollback provisions within the prescribed filing period.
The amendment to rule 10MA(5) allows Form No. 3CEDA, with proof of payment of the additional fee, to be filed by the extended deadline for applications or agreements filed or entered into by the prescribed cut-off; agreements entered into by that cut-off may be revised to include a rollback provision notwithstanding rule 10Q.

Scrip issuance condition tightened: prohibits issuance in violation of specified prior customs notification provisions for exemption scrips.
Amendment substitutes condition (2) in Notification No. 104/2009 Customs to require that the scrip has not been issued in violation of specified sub paragraphs or provisos of earlier customs exemption notifications, thereby making compliance with those enumerated provisions an explicit prerequisite to scrip issuance.

Advance Authorisation exemption for imports used to manufacture otherwise prohibited exports, subject to specified compliance and export obligation.
The notification provides a duty exemption for materials imported under an Advance Authorisation for manufacture of goods otherwise prohibited for export, conditional on production of the authorisation at clearance, conformity of imported materials to authorised description, adherence to notified SION or fixed norms, execution of a bond securing payment of duties if conditions fail, movement through specified EDI-enabled ports/ICDs/LCSs, fulfillment of the export obligation by exporting the India-manufactured resultant product within the prescribed period, non-transferability and actual user restriction, and re-export provisions for defective materials.

Advance Authorisation exemption for deemed exports permits duty-free import of materials subject to compliance, bonds and certification.
Exemption is granted for materials imported under an Advance Authorisation for deemed export from customs duty and specified additional duties, subject to conditions: production of the authorisation at clearance; specified endorsements describing materials and final goods; discharge of export obligation within the authorised period; execution of bonds with security and interest for imports prior to discharge; additional certification or bonds where CENVAT or excise facilities have been availed or not; non-transferability of authorisation and materials except permitted job-work transfers under GST provisions; and specified port and site restrictions. Exclusions apply to certain categories for safeguard, countervailing and anti-dumping duty relief.

Advance Authorisation Exemption grants customs duty relief on imports subject to authorisation, bonds and prescribed use conditions.
Exemption from customs and specified ancillary duties is available for imports under a valid Advance Authorisation for Annual Requirement subject to production of the authorisation at clearance, compliance with SION and declared specifications, execution of bonds where imports precede export obligation or where tax credits have been availed, submission of certificates of use within six months, permitted sourcing and ports, prohibition on disposal except for export obligation or replenishment, conditional transfer to job workers, joint bonds for exporter and supporting manufacturer, and specific exclusions for safeguard, countervailing and anti dumping duty applicability.

Exemption scrip issuance restricted where prior customs notification conditions were breached, barring scrips issued in violation.
The amendment substitutes the second proviso to condition (a) of paragraph 2 in Notification No.33/2012-Central Excise to provide that an exemption scrip shall not be treated as valid where it was issued in violation of the conditions contained in the specified sub-paragraphs and provisos of certain customs notifications, thereby conditioning administrative recognition of the scrip on compliance with those customs notification requirements.

Duty Free Import Authorisation: imports exempt from customs duty when authorisation produced and conditions complied.
Materials imported under a valid Duty Free Import Authorisation are exempt from customs duty if the authorisation is produced at clearance, SION particulars and shipping bill details are endorsed, imported materials conform to the description, value and quantity in the authorisation (with specified matching requirements for certain inputs and resultant products), exports fulfilling the authorisation's obligations are completed within the FTP period, evidence of fulfilment is produced to customs, and imports/exports occur through specified ports or with authorised exceptions.

Post Export EPCG duty remission: excise exemption on goods cleared against registered duty credit scrip with procedural safeguards.
Exemption is granted for goods cleared against a registered Post Export EPCG duty credit scrip, exempting whole excise duties under the First and Second Schedules and specified additional duties, subject to prescribed registration, presentation of supplier/manufacturer invoice to identify the jurisdictional Central Excise Officer, Customs debiting duties on the scrip with records and written advice to the Officer, scrip validity limits, an undertaking to cover any short debit with interest, endorsement and validation of clearances by the Central Excise Officer, retention of attested scrip copy by the manufacturer, and entitlement of the holder to drawback or CENVAT credit of duties debited and validated.

Advance Authorisation exemption: imported materials cleared duty free subject to authorisation, bonds and fulfillment of export obligation.
The notification exempts imports made under an Advance Authorisation from customs duty and specified additional duties subject to conditions: production of the authorisation at clearance, conformity of materials with authorisation limits, port/zone restrictions, bonds and security where export obligation is not yet discharged, and bonds or tax payment and certification requirements where rebate, CENVAT or input tax credit facilities have been availed.

Post Export EPCG duty credit scrip: imports exempted from customs duties subject to eligibility, installation and export obligation compliance.
Exemption permits imports against a Post Export EPCG duty credit scrip to be free of customs duty and specified additional duty, conditioned on a valid para 5.28 authorisation requiring import on payment, registration at the specified port, import of listed capital goods and spares, installation and use certification where applicable, fulfillment of a proportionate export obligation with procedural proof, restrictions on disposal until last export, re export rules for defective goods, scrip registration and endorsement formalities, proportional calculation of duty remission, limited exclusions, and entitlement to drawback or Cenvat credit against debits in the scrip.

EPCG zero-duty imports: exemption conditioned on valid authorisation, bond or guarantee, and fulfillment of export obligation.
Exemption is available for capital goods imported under the EPCG Scheme at zero customs duty and specified indirect taxes, conditional on a valid EPCG authorisation registered at the port of import, presentation of the authorisation at clearance, execution of a bond or, for CSPs, a bank guarantee, and fulfillment of an export obligation fixed as a multiple of duty saved within prescribed periods and proportions, with procedural rules for installation certification, allowed destinations for import/export, opportunities for extension or condonation, and categories of supplies that may be counted towards the export obligation.

Foreign Trade Policy notification establishes a five year trade framework and takes effect from its notified commencement.
Notification establishes the Foreign Trade Policy for the 2015-2020 policy period by exercise of statutory authority by the Central Government, notifying the policy and declaring that it shall come into force with effect from the commencement date specified in the instrument; issued by the Directorate General of Foreign Trade with administrative particulars.

Online submission requirement: Form DP-1 must be filed by all dealers by the prescribed deadline to ensure VAT compliance.
All registered dealers must submit Form DP-1 online no later than 30/06/2015; this mandatory electronic filing requirement fixes the compliance deadline for all dealers while the remaining provisions of the earlier notification continue to apply. The instruction is issued under powers conferred by section 70 (read with its sub-sections) and section 59(2) of the Value Added Tax Act, 2004, and calls for departmental dissemination and website publication to ensure implementation.