Double taxation avoidance treaty framework allocating taxing rights and limiting source state withholding on passive income.
Treaty provides rules for residence, defines permanent establishment including exclusions, and allocates taxing rights: business profits taxed only in residence unless a permanent establishment exists, immovable property income taxable at source, international traffic profits taxable only in residence, and withholding limits apply to dividends, interest and royalties when the recipient is beneficial owner. It prescribes elimination of double taxation by credit/deduction limited to tax attributable to income taxed in the other State, supplies non discrimination, mutual agreement and exchange of information procedures, assistance in tax collection, and a protocol denying benefits to entities substantially owned by non residents unless substantive business operations exist or competent authorities agree otherwise.

Rollback provision in Advance Pricing Agreements permits retrospective arm's length determination subject to specified procedural conditions.
Amendments add a rollback provision to APA rules allowing an APA to determine or specify the method for ascertaining arm's length price for the same international transaction in specified prior years, subject to conditions including timely filing of returns and transfer pricing reports, a dedicated rollback application with payment of an additional fee, withdrawal of related appeals, prohibition where appellate disposal has occurred or where rollback would reduce declared income or increase loss, and procedural steps for filing modified returns and informing relevant authorities.

Tariff value fixation updated for specified agricultural and metal commodities, altering customs valuation for import assessments.
The Central Board of Excise & Customs, under section 14(2) of the Customs Act, 1962, amends Notification No. 36/2001-Customs (N.T.) by substituting TABLE-1, TABLE-2 and TABLE-3 with updated tariff value tables. The new tables set US dollar tariff values for specified imported goods-including palm oil and palmolein variants, crude soya bean oil, brass scrap, poppy seeds, gold and silver when certain notification benefits are availed, and areca nuts-serving as the benchmark for customs valuation and import assessment.

Research-donation approval status enables donor tax benefit subject to institutional compliance and audit conditions.
Indian Institute of Technology (BHU), Varanasi is recognised as an approved organisation for donor tax benefit purposes in the category "University College and other Institution" from assessment year 2014 2015, subject to conditions: sums must be used for scientific research; research must be carried out by faculty or enrolled students; separate books of account for research receipts/expenditure must be maintained and audited by a qualified accountant with the audit report furnished by the income tax return due date; and a certified statement of donations and sums applied for research must accompany the audit report. Approval may be withdrawn for non compliance or if research is not genuine.

Import of new vehicles: two additional seaports permitted for clearance under the revised import policy.
The Import Policy Condition for Chapter 87 is amended to add Kattupalli Port and APM Terminals, Pipavav to the list of authorized customs ports for import of new vehicles; the revised condition specifies permitted seaports, airports and ICDs through which new vehicles may be cleared.

Updation of SCOMET list expands controlled biological agents, toxins, and dual use materials, tightening export controls.
The Central Government amends the SCOMET list to add specified biological agents, toxins and plant pathogens; substitutes detailed fuel substance and polymeric substance entries to enumerate hydrazine, hydrazine derivatives, hydrazinium salts, a hydrazine replacement fuel, spherical aluminium powder criteria, and specific energetic polymers; revises metal powder production equipment and propellant control systems with performance-based criteria; and adds combustion chambers, fiber optic gyro coil winding machines and ruggedised analogue-to-digital converters, thereby refining export control coverage in Categories 2, 3, 5 and 7.

Export control of military stores requires Department of Defence Production NOC and precise shipping bill itemisation before export.
Exports of items listed as Military Stores (MS 001-MS 016) are freely exportable only on fulfilment of procedural conditions: obtain a No Objection Certificate from the Department of Defence Production per its SOP; prefix the Export Licensing Note serial (e.g. MS 001a) in the Shipping Bill description; and state the NOC number and date in the Shipping Bill. Exporters must also consult the SCOMET list for potential dual use items requiring a DGFT licence.

Anti-dumping duty imposed on sheet glass from China PR, creating a five-year duty payable in Indian currency.
The Central Government has imposed a definitive anti-dumping duty on sheet glass originating in or exported from China PR, following findings of dumping and material injury to the domestic industry. A duty of 63 US Dollars per metric tonne is prescribed in the Table against the specified tariff descriptions and applies irrespective of producer or exporter where entries indicate "Any". The duty is effective for five years (as amended to remain until 12 March 2025), payable in Indian currency with the exchange rate determined by Government notification.

Safeguard duty on saturated fatty alcohol imports (excluding pure C8) imposed with staged rates and developing-country exemptions.
Definitive safeguard duty imposed on imports of saturated fatty alcohols (specified carbon chain lengths and blends, excluding branched isomers) converting provisional levy into a two and a half year measure with staged ad valorem rates, payable in Indian currency from the provisional levy date; imports from notified developing countries are exempted except Malaysia, Thailand and Indonesia, and pure C8 saturated fatty alcohols are excluded from the duty.

Special Economic Zone expansion: additional IT/ITES land added to the Attipra SEZ, formalising enlarged zone territory.
Notification adding 10.83.17 hectares to the existing Special Economic Zone for Information Technology and IT Enabled Services at Attipra, Thiruvananthapuram, proposed by M/s. Electronics Technology Parks-Kerala and notified by the Central Government under the Special Economic Zones Act and SEZ Rules, listing the survey numbers and parcel areas and increasing the total SEZ area to 22.70.82 hectares.

Special Economic Zone expansion: additional land area formally notified under SEZ Act and Rules, altering SEZ boundaries.
Central Government notification under the proviso to Section 4(1) of the SEZ Act read with Rule 8 of the SEZ Rules adding two survey parcels at Outer Ring Road, Devarabeesanhalli Village, Varthur Hobli to the sector specific IT/ITeS SEZ, specifying the survey numbers and the additional area and recording the revised total area of the SEZ.

Mandatory trade documents limited for exports and imports; regulatory authorities may require additional documentation for restricted goods.
Exports require Bill of Lading/Airway Bill, Commercial Invoice cum Packing List (or separate Commercial Invoice and Packing List), and Shipping Bill/Bill of Export; imports require Bill of Lading/Airway Bill, Commercial Invoice cum Packing List (or separate Commercial Invoice and Packing List), and Bill of Entry. For restricted goods or where statutes impose conditions, the regulatory authority may notify or request additional documents or information electronically or in writing. The rule limits baseline mandatory documents to those specified and becomes effective 1 April 2015.

Appointment of Assistant Commissioner-cum-VATO under Delhi VAT Act to assist the Commissioner; multiple officers appointed effective on assumption of charge.
Appointments of multiple officers as Assistant Commissioner cum VATO to assist the Commissioner in administering the Delhi Value Added Tax Act, made under section 66(2)(a) read with rule 47; each appointment is effective from the officer's date of assumption of charge and the notification lists the named officers with their physical joining dates.

Common Derivatives Certification: optional unified examination deemed equivalent to segment certifications; associated persons must comply.
SEBI notifies Series XIII: Common Derivatives Certification Examination as an optional unified certification for associated persons previously required to hold separate currency, interest rate and equity derivatives certifications. Holders of Series XIII: CDCE are deemed equivalent to having obtained those segment specific certifications, and trading members must ensure approved users and sales personnel obtain the requisite certification within the timelines set by earlier notifications.

Duty free tariff preference scheme for least developed countries: rules on determining origin, certification, and verification for preferential import duties.
Products qualify for preferential tariff treatment if they are originating products, either wholly obtained in the beneficiary country or meeting origin tests: non originating materials must not exceed 70% of FOB or ex works value (minimum 30% local value added), there must be an applicable 6 digit HS classification change, and final manufacture must occur in the beneficiary country. The scheme requires direct consignment, a standardized certificate of origin issued by a notified authority, specified documentary evidence, retention of records for five years, and provides procedures for retroactive checks, verification visits, denial and suspension of preferences for non compliance or fraud.

Tax exemption under section 10(46) for electricity regulatory commission conditioned on non-commerciality and filing requirements.
Central Government notifies the Uttar Pradesh Electricity Regulatory Commission under section 10(46) as entitled to exemption in respect of specified income comprising government grants, license fees and fines, and interest earned on those amounts. The exemption is conditional on the Commission not engaging in commercial activity, filing returns per clause (g) of sub-section (4C) of section 139, and maintaining unchanged activities and the nature of the specified income for the relevant financial years.

Rules of Origin requirement: importer must prove country of origin to the satisfaction of customs officers.
Conditions the exemption under Notification No. 96/2008-Customs on the importer proving, to the satisfaction of the Assistant Commissioner of Customs or the Deputy Commissioner of Customs, that the goods originate in a country listed in the Schedule and that such proof conforms with the Rules of Origin published separately.

Appointment of Deputy Commissioner for Excise and Taxation to perform and assist in statutory excise and tax functions.
The Lieutenant Governor appoints Sh. D. Verma as Deputy Commissioner for Excise to perform functions under the Delhi Excise Act, and as Deputy Commissioner for Luxury Tax and for Entertainment and Betting Tax to assist the Commissioner in discharging statutory functions under the respective Acts, effective from assumption of charge and continuing while he holds those posts.

Correction to notification wording clarifies clause wording by amending terminal phrase punctuation in the Central Excise text.
Corrigendum to Notification No. 6/2015 - Central Excise corrects clause 8, sub clause (a) of the original notification by substituting the terminal phrase "as the case may be" with "as the case may be.", thereby making a punctuation amendment to the operative wording.

Correction to rule reference updates cross reference from rule 11 to rule 10 in a central excise notification.
In notification 8/2015 - Central Excise (Non Tariff), dated 1st March, 2015, in clause four after sub clause (c) of the Explanation the phrase "For the purposes of rule 11 and this rule" is to be read as "For the purposes of rule 10 and this rule."