Tax exemption under section 10(23G) for an infrastructure BOT project granted, subject to rule 2E compliance and audit conditions.
Approval under section 10(23G) read with rule 2E has been accorded to M/s Nashik Infrastructure Developers Ltd for its BOT construction project on State Highway 141 for the stated assessment years, subject to continual compliance with section 10(23G) and rule 2E. The Central Government may withdraw approval if the enterprise ceases the eligible business, does not maintain audited books as required by sub rule (6) of rule 2E, or fails to furnish the required audit report.

Tax exemption approval under section 10(23G) remains subject to maintaining eligible business status and audit compliance.
Approval granted to M/s Ashoka Infraways Pvt. Ltd. for tax-exempt status for its Dewas Bypass Road BOT project, effective from assessment year 2003 04 to assessment year 2016 17 (up to 14 04 2015), based on the concession and substitution agreements. The approval is subject to compliance with statutory eligibility criteria, maintenance of books of account, and furnishing the required audit report; the Central Government may withdraw approval for cessation of eligible business, failure to maintain and audit accounts, or failure to furnish the audit report.

Approval under Section 10(23G) for BOT advertising undertakings is conditional on compliance and audit requirements.
Approval under Section 10(23G) read with Rule 2E is granted to M/s Ashoka Highway Ad for specified BOT foot over bridge projects with advertising rights for the periods set by the parties' BOT agreements; approval is conditional on compliance with eligibility rules, maintenance and audit of books as required by sub rule (6) of Rule 2E, and furnishing of the audit report, and may be withdrawn on cessation of eligible business or failure to comply.

Anti-dumping duty on Flexible Slabstock Polyol imposed to address dumped imports causing material injury to domestic industry.
Definitive anti-dumping duty has been imposed on Flexible Slabstock Polyol (molecular weight 3000-4000) under sub-heading 3907 20 following findings that subject-country exports were dumped and caused cumulative material injury. The duty is calculated as the difference between specified US dollar amounts per metric tonne and the landed value of imports; it is applied to goods originating in or exported from China, Korea, Chinese Taipei and Brazil, and is administered under section 9A of the Customs Tariff Act and the anti-dumping rules, with exchange-rate and landed-value rules specified.

Authorised dealer guarantees for import related external liabilities allowed under foreign trade policy, subject to Reserve Bank specified terms.
The amendment permits an Authorised Dealer to give a guarantee, Letter of Undertaking or Letter of Comfort for any debt, obligation or other liability incurred by a person resident in India and owed to a person resident outside India arising from import of goods, provided such imports are permitted under the Foreign Trade Policy and subject to terms and conditions specified by the Reserve Bank.

Jurisdiction of Director of Income-tax (Inv.) redefined: Ludhiana covers Jammu and Kashmir and Punjab; Panchkula covers Haryana, Himachal and Chandigarh.
The amendment substitutes Schedule entries to reassign territorial jurisdiction: Director of Income-tax (Inv.), Ludhiana is designated jurisdiction over the States of Jammu and Kashmir and Punjab; Director of Income-tax (Inv.), Panchkula is designated jurisdiction over the States of Haryana and Himachal Pradesh and the Union Territory of Chandigarh.

Tax-free bonds for renewable energy permitted, with tax benefit conditional on holder registration and demat issuance.
The Government specifies Secured non-cumulative and non-convertible tax-free IREDA Energy Bonds in the nature of Debentures (Series-XI) issued in dematerialised form during the financial year 2003-04 for purposes of clause (15)(iv)(h) of Section 10 of the Income-tax Act; the tax benefit is admissible only if the bondholder registers their name and holding with the issuing corporation.

Tax-free bond specification: registration required to claim tax exemption on specified NEEPCO bonds issued by the corporation.
Specification under Section 10(15)(iv)(h) identifies three categories of secured non convertible redeemable tax free bonds issued by NEEPCO with specified issue amounts, face values, interest rates, maturities and distinctive serial numbers, and conditions the tax exemption on the holder registering his or her name and holding with the Corporation.

Replenishment scheme permits certified gold imports and authorises ARO or back-to-back inland LC sourcing alternatives.
Importation of gold of eight karat and above under the replenishment scheme is permitted only with an Assay Certificate specifying purity, weight and alloy content. Advance Licence holders, holders of annual requirement licences, Diamond Imprest Licence holders and DFRC holders may source inputs from indigenous suppliers, State Trading Enterprises, EOU, SEZ, EHTP, STP and BTP units against Advance Release Orders denominated in foreign exchange or rupees; DFRC transferees are eligible for AROs, supplies from specified units may be provided without conversion into ARO, and an alternative Back-to-Back Inland Letter of Credit facility is available per the Handbook.

Charitable recognition under Section 10(23C)(iv): CRY granted tax-exempt status subject to income application, investment, filing, and dissolution conditions.
Notification grants recognition under Section 10(23C)(iv) to CRY - Child Relief & You, Mumbai for the specified assessment years, subject to conditions: apply or accumulate income exclusively for its objects; limit investments or deposits to forms specified under Section 11(5) (except certain voluntary contributions in tangible forms); exclude business income unless incidental and separately accounted; regularly file income-tax returns; and transfer surplus and assets on dissolution to a like-minded charitable organisation.

Anti-dumping duty continuation on sodium cyanide extended pending sunset review, maintaining duty until further review conclusion.
The designated authority initiated a sunset review and requested extension of the anti-dumping duty on sodium cyanide; the Central Government, invoking powers under the Customs Tariff Act and anti-dumping rules, amended the earlier notification to insert a paragraph maintaining the anti-dumping duty in force up to and inclusive of a stated date pending completion of the review.

Customs adjudication authority appointed to adjudicate a revenue intelligence show cause notice affecting an importer.
In exercise of powers under section 4(1) of the Customs Act, 1962, the Commissioner of Central Excise (Adjudication), Air Cargo Complex, New Delhi is appointed to act as Commissioner of Customs for the Inland Container Depot, Tughlakabad, New Delhi and Commissioner of Customs (Port), Chennai, exclusively for adjudicating the show cause notice issued against M/s. Shree Durga Impex and others, thereby conferring adjudicatory jurisdiction on the named officer for the specified proceedings.

Rescission of Customs Tariff notification withdraws a prior exemption while preserving prior actions or omissions.
The Central Government, invoking powers under the Customs Tariff Act and the Anti-dumping Rules, rescinds the earlier customs notification from late 2004, withdrawing the exemption or directive it had created. The rescission expressly preserves things done or omitted before the rescission, leaving prior actions unaffected.

Authorisation of Serious Fraud Investigation Officer empowers designated SFIO officer to investigate company law offences.
Central Government authorises Shri Prit Paul Singh, Senior Assistant Director of the Serious Fraud Investigation Office, as the authorised officer for the purposes of the Companies Act, 1956 in respect of offences punishable under its provisions, by notification issued by the Ministry of Company Affairs.

DFRC eligibility extended to supplies to SEZs, enabling DTA suppliers to claim drawback and licence benefits.
Amendment extends issuance of DFRC to supplies made to Special Economic Zones and specifies that a DTA supplier shall be entitled to Drawback, DEPB, DFRC and Advance Licence benefits, and may discharge any applicable export performance on behalf of the supplier.

Drawback rates determination for exports conditioned on procedural compliance and specified exclusions under customs rules.
Determines drawback rates for exported goods under the Drawback Rules, 1995, subject to compliance with rules 11-13 and General Notes. Exclusions apply to goods manufactured or exported under warehouses, Advance Licence/DFRC/DEPB schemes, EOUs, FTZ/EPZ/SEZ units, or where central excise rebates or CENVAT facilities have been availed. Rates include packing unless stated; unspecified products may obtain fixed rates on application. CKD/SKD exports qualify subject to an eighty percent FOB value test and evidence. Composite articles may claim constituent-material rates by self-declaration, subject to customs verification.

Benefit on transfer of IDBI Flexibonds requires transferee to notify the issuer by registered post within the stipulated period.
The Central Government specified IDBI Flexibonds 2004-2005 as eligible for the benefit under the withholding provision proviso. The benefit applies only to transfers by endorsement or delivery and is conditional on the transferee informing Industrial Development Bank of India Limited, Mumbai, by registered post within the prescribed notification period following the transfer.

Tax exemption under Section 10(23) granted to association, conditional on exclusive charitable use, investment and dissolution rules.
Notification grants tax exemption under section 10(23) to the Karnataka State Billiards Association for the assessment year subject to conditions: income must be applied or accumulated exclusively for its objects; investments or deposits limited to forms permitted for charitable funds; business profits excluded unless incidental and separately accounted; regular filing of income-tax returns required; and on dissolution surplus assets must be transferred to a charitable organisation with similar objects.

Appointment of special adjudicator centralizes adjudication of specified customs show cause notices under statutory authority.
The Central Board of Excise and Customs appoints the Commissioner of Customs (Adjudication), Mumbai, to act as Commissioner of Customs (Imports) at New Customs House and Air Cargo Complex, Mumbai, for adjudicating specified show cause notices issued to M/s Mazgaon Docks Limited and others, thereby centralizing adjudication of those matters under the Customs Act, 1962.

Appointment of Special Adjudicators empowers a single customs adjudicator to assume multiple adjudicatory roles for specified show-cause proceedings.
Authorizes the Commissioner of Customs (Adjudication), Mumbai to assume specified commissioner and joint commissioner capacities for the sole purpose of adjudicating the show-cause proceedings arising from a particular Directorate investigation, consolidating adjudicatory responsibility and administratively delegating jurisdiction to a common adjudicating authority for those matters.