Special Economic Zone designation for IT and IT-enabled services enables a notified SEZ at Nagavara with specified land parcels.
Pursuant to Section 4(1) of the Special Economic Zones Act, 2005 and rule 8 of the SEZ Rules, 2006, the Central Government notifies a sector-specific Special Economic Zone for information technology, IT-enabled services and business process outsourcing at Nagavara Village, North Bangalore Taluk, Karnataka, approved under Section 3(10) following satisfaction of Section 3(8) requirements for M/s. Karle Infra Projects; the specified survey numbers total 10.876 hectares.

Substitution of statutory company forms replaces Forms 20B, 21A, 23AC and 23ACA under amended Companies Rules.
The Central Government, exercising powers under section 642(1) read with section 610B of the Companies Act, 1956, issued amendment rules titled Companies (Central Government's) General Rules and Forms (Amendment) Rules, 2008 to substitute revised Form 20B, Form 21A, Form 23AC and Form 23ACA in Annexure 'A' of the Companies (Central Government's) General Rules and Forms, 1956, and prescribed a commencement date for the substitution by Gazette notification.

Anti dumping duty on rubber chemicals imposed; imports subject to definitive per kilogram duties payable in domestic currency.
Definitive anti dumping duties are imposed on specified rubber chemicals (PX 13/6PPD, MBT, TDQ, TMT, CBS, PVI) originating in or exported from the People's Republic of China and Korea RP, with product and source specific per kilogram rates in Indian currency. Duties take effect from the provisional duty date and are payable in rupees. The notification prescribes the rate of exchange rule tied to official Customs Act notifications and the bill of entry date, and limits the notification's force to the stated expiry unless earlier revoked.

Educational institution exemption approval, subject to statutory compliance under income tax rules, validates continued tax-exempt status.
Approval is granted to The Education Committee of the Maheshwari Samaj (Society), Jaipur as an educational charitable institution for the purposes of the income-tax exemption provision concerned, effective for the assessment year beginning 2006-07 and continuing thereafter, provided the society conforms to and complies with the statutory provision and the related income-tax rules.

Approval for corporate scientific research: new rules set prescribed authority, application form, timelines and compliance obligations.
Rule 5F prescribes that the Chief Commissioner is the authority for approvals under clause (iia) of section 35; companies must apply in duplicate in Form No. 3CF-III to the Commissioner, who checks completeness, may inquire and forward recommendations; the Chief Commissioner may grant, reject or withdraw approval after calling for documents or inquiries. Approvals require that sums be used for scientific research undertaken by the company's own employees and assets, that separate audited accounts and a certified statement of donations and use be maintained and annually reported, and that non-compliance may be reported and acted upon following opportunity to be heard.

Approval under Section 10(23C)(vi) corrected: assessment years read as commencing from A.Y. 2004-05 and onwards.
Corrigendum revises an earlier notification granting approval under Section 10(23C)(vi) to state that the institution's approval applies from the assessment year commencing 2004-05 and onwards, replacing the prior wording limited to a single assessment year.

Export exceptions for wheat: permits specified shipments to Myanmar via NAFED and to Nepal via MMTC under FTP.
Creates targeted exemptions to the general prohibition on wheat exports by adding clauses to Notification No.33(RE-2007)/2004-2009: the prohibition will not apply to specified consignments to Myanmar through NAFED and to Nepal through MMTC, pursuant to powers under the Foreign Trade (Development & Regulation) Act and the Foreign Trade Policy, the amendment being issued in the public interest.

Anti-dumping duty scope refined to partially oriented yarn of polyester, narrowing the covered product description under the notification.
Amendment narrows the commodity description in Notification No. 86/2007-Customs by substituting "partially oriented yarn" with "partially oriented yarn of polyester" in paragraph 1 and by replacing "Partially Oriented Yarn" with "Partially Oriented Yarn of Polyester" in column (3) of the Table against all serial numbers, thereby limiting the notification's coverage to the polyester variant for purposes of anti-dumping duty identification and collection.

Foreign Trade Policy duration clarified: the policy commences from the stated effective date and continues until further amendment.
The amendment replaces paragraph 1.2 to state that Foreign Trade Policy (FTP) 2004-2009 (RE-2008), covering export and import of goods and services, shall come into force from the stated commencement and shall remain in force till further amendments unless otherwise specified, clarifying the policy's temporal scope and continuity.

Effective Rate of Duty caps excise on listed tariff items at specified ad valorem rates and unit charges.
Exempts specified goods from central excise to the extent that duty exceeds the effective rate of duty specified for each listed tariff item; rates in the table are ad valorem unless otherwise stated. The table assigns effective rates (including entries at five percent, ten percent and twenty-two percent) and, for certain items, prescribes additional per unit or per chassis charges. Several entries were omitted or substituted by later notifications and the notification was subsequently rescinded.

Excise duty reduction: central notifications amended to lower specified duties and substitute reduced percentage rates and per unit charges.
Notification No. 58/2008 directs amendments to multiple prior Central Excise notifications by substituting entries in their tariff tables to reduce excise duties and related specific charges. The changes replace higher ad valorem percentages with lower percentages, convert some rates to nil, and reduce specified per unit and per tonne charges; substituted entries also clarify that goods value is to be determined in accordance with the Central Excise valuation provision.

Exemption for clearing and forwarding agent services: conditional documentary proof required for export-related service tax relief.
The notification inserts an exemption for services provided by a clearing and forwarding agent in relation to export goods exported by the exporter, conditional on the exporter producing the agent's invoice specifying shipping bill number and date, description of export goods, the exporter's invoice number and date relating to the goods, and details of all charges collected by the agent, together with details of other taxable services provided by that agent to the exporter; it also substitutes a revised percentage against Sr.No.15 item (vi), omits a proviso sub paragraph in paragraph 1, and removes item (iii) in serial No.10 of the Form.

Rescission of customs notification withdraws exemption for iron ore fines, subject to actions already undertaken.
The Central Government, invoking its rescission power under the Customs Act, rescinds Notification No. 116/2008 which had exempted iron ore fines under Heading No. 11 of the Second Schedule to the Customs Tariff Act, 1975, and specifies that the rescission does not affect things done or omitted to be done before it took effect.

Export duty on iron ore lumps reduced to a lower ad valorem rate under amendment, altering exporters' tariff obligations.
Amendment reduces the export duty on iron ore lumps by substituting the previously notified ad valorem rate with a lower ad valorem rate via Notification No. 130/2008-Cus dated December 7, 2008, effected under section 25(1) of the Customs Act, 1962 as a public interest measure and modifying Notification No. 79/2008-Customs.

Export duty exemption on iron ore fines removed, exempting such exports from customs duty under the Tariff Act.
The Central Government, exercising powers under section 25(1) of the Customs Act, 1962, exempts iron ore fines under Heading No. 11 of the Second Schedule to the Customs Tariff Act, 1975 from the whole of the customs duty leviable thereon when exported out of India, on grounds of public interest, by administrative notification.

Customs duty exemption for naphtha imported for public electricity generation granted, with captive-use excluded and related tariff entries revised.
An amendment inserts an exemption for naphtha imported for generation of electrical energy by specified government, licensed or permitted electricity undertakings, effective from the specified future date, while excluding naphtha used for captive generation; the notification also substitutes a ten percent duty entry against several listed tariff serial numbers and makes corresponding textual changes to the principal notification.

Ban on non-basmati rice export exception permits limited exports to Nepal via STC with sourcing and market safeguards.
Adds an exception to the non-basmati rice export ban allowing a limited consignment to Nepal through the State Trading Corporation (STC) subject to conditions: STC procurement from mills with surplus stocks, minimum broken content requirement, sourcing from multiple States to avoid market disturbance, and STC measures to ensure the entry does not affect overall domestic rice prices; all other provisions of the original notification remain in force.

Excise duty exemption for specified confectionery and sugar products now prescribed as nil under a tariff amendment.
Amendment inserts a new tariff entry into the Central Excise exemption schedule describing Bura, makhana, mishri, hardas or battasa (patashas) and prescribing a nil rate of duty for those goods, thereby modifying Notification No. 3/2005-Central Excise and its table of exempted items.

Cenvat credit formula amended to change BCD multiplier in calculation for inputs produced by 100% EOU, EHTP or STP.
Substitutes the proviso expression in the relevant CENVAT Credit Rules provision so that the base value is multiplied by a term using the basic customs duty rate divided by two hundred together with the existing countervailing duty component, replacing the prior use of the basic customs duty rate divided by four hundred, with effect from publication in the Official Gazette.

Authorisation of officers enables designated SFIO assistant directors to act under the Companies Act for company offences.
The Central Government, under section 621 of the Companies Act, 1956, authorises two named Assistant Directors of the Serious Fraud Investigation Office to act for the purposes of that sub-section in respect of offences punishable under the Act.