Additional duty exemption for jute product imports from specified neighbouring countries reduces customs tariff burden on qualifying imports.
Exempts additional duty of customs on specified jute product tariff headings when imported from the notified neighbouring countries, under authority of section 25 of the Customs Act and section 3 of the Customs Tariff Act; identifies tariff headings and records amendments to headings and beneficiary countries, and notes subsequent rescission by later notification.

Designation change of authority: Additional Secretary substituted by Joint Secretary for anti-dumping administration under Customs Tariff rules.
The Central Government amends Notification No.74/2000-Customs (N.T.) by substituting the words "Additional Secretary" with "Joint Secretary" in the designation of the authority appointed under the Customs Tariff Rules for identification, assessment and collection of anti-dumping duty and determination of injury.

Return of allotment: updated form requires detailed disclosure of share allotments, non cash consideration, resolutions and attachments.
Substitution of Form 2 prescribes a standardized e Form Return of Allotment requiring CIN and GLN, company identification, mandatory date of allotment, detailed disclosure of shares allotted for cash and for non cash consideration (including class, number, nominal value, amounts paid, premium and discounts), itemised non cash consideration categories, bonus share particulars, aggregate nominal totals, special resolution date under section 81 and Form 23 SRN, prescribed attachments, company declaration, professional certification, and digital signature authentication for e filing.

Drawback rules expanded to include additional tariff headings, altering eligibility under specified procedural provisions in the rules.
The amendment substitutes the prior limited list of tariff headings with an expanded list-adding multiple dairy, agricultural and an additional chemical heading-within the second proviso to rule 3(1) clause (v), sub rule (4) of rule 6 and sub rule (5) of rule 7 of the Customs, Central Excise Duties and Service Tax Drawback Rules, 1995; the rules take effect on publication in the Official Gazette.

Export permission for specified non-basmati rice granted with quantity limits and conditional registration, banking guarantees and documentation.
The Foreign Trade Policy amendment permits export of Sona Masuri, Ponni Samba and Matta rice within specified quantity caps and adds a provision allowing broader non Basmati rice exports subject to conditions: prior registration of contracts with DGFT on a first come first served basis, exports from privately held stocks, irrevocable confirmed letters of credit, a performance bank guarantee equivalent to 10% of applied quantity (confiscable on non performance), per applicant ceilings, email application procedures, and a notified minimum export price; other notification provisions remain unchanged.

Prohibition on export of non-basmati rice: exemption allows concessional CIF-LO shipments to Bangladesh, subject to notification conditions.
The prohibition on export of non-basmati rice is amended to exempt a specified allocation for export to Bangladesh by replacing "prevalent economic cost" with "concessional cost" and changing the delivery basis from "CIF" to "CIF-LO", while all other terms of the earlier notifications remain in force.

Export restriction on specific onion varieties: Bangalore Rose and Krishnapuram permitted under licence subject to minimum export price.
Bangalore Rose onions and Krishnapuram onions are reclassified from Prohibited to Restricted for export; their export is permitted only under licence and subject to a Minimum Export Price, while the prohibition on other onion varieties continues. The ITC(HS) Schedule 2 Table B entry is amended to create separate tariff items reflecting these categories, effective immediately under the Foreign Trade Policy.

Drawback rate amendment: revised customs drawback rates for dairy, eggs, honey and casein under substituted tariff entries.
Substitutes Schedule entries in Notification No. 84/2010 for Chapter 4 (tariff items 0401-0410) to set drawback rates: milk and most milk-derivative items are assigned nil rates, while birds' eggs, egg products, natural honey and certain edible animal products carry a non-nil drawback rate. Substitutes tariff item 3501 in Chapter 35 (casein and derivatives; casein glues) to carry nil drawback rates. Amendment issued under powers granted by the Customs Act, Central Excise Act and Finance Act read with the Customs, Central Excise Duties and Service Tax Drawback Rules, 1995.

Customs duty exemption for event-imported sporting and broadcast goods, subject to re-export and bond guarantees.
Exemption from customs duty and additional duty is available for specified sporting, medical, photographic, audio-visual, broadcast, computer and office equipment imported for organising the ICC World Cup 2011, subject to importation by BCCI or a BCCI-authorised importer with identification of goods and purpose, provision at clearance of a bond supported by a bank guarantee undertaking re-export within three months of official closure and liability to pay duty if not re-exported, and import/re-export via designated ports and terminals.

Exemption from disclosure obligations for specified companies available, subject to board consent, accounting standards, and regulatory filings.
Exemption from specified profit and loss account disclosure requirements is granted for identified classes of companies, with sectoral variations and limited applicability for minor goods in manufacturing and trading firms. Exemptions require board consent, a note in the financial statements recording the exemption, compliance with prescribed accounting standards, true and fair presentation of financials, provision of information to government or regulators when required, and representation of foreign currency at closing exchange rates.

Exemption from investment disclosure allows public financial institutions to limit prescribed disclosures subject to category and threshold conditions.
Exemption is granted to Public Financial Institutions from certain Schedule VI investment disclosure requirements, subject to conditions: full disclosure of immovable property, partnership capital, unquoted investments and subsidiary investments; category-wise totals for quoted investments; specific disclosure of investments above prescribed thresholds with additional listings to ensure at least fifty percent of category value is disclosed; separate showing of unquoted investments; undertakings to provide particulars to shareholders on request and to file relevant particulars with regulatory authorities.

Penalty recovery procedures require demand notices, recovery certificates and enforcement including attachment or tax-based recovery.
These regulations set out procedures for recovery of monetary penalties under the Competition Act, requiring issuance of a demand notice (normally giving thirty days), payment by challan, and authorising the Commission to grant extensions or instalment plans. On default the Commission issues a recovery certificate executed by a recovery officer empowered to compel payment from third parties, attach and sell movable and immovable property, and refer the matter to Income-tax authorities for recovery as a tax due; interest, refunds, monitoring and clerical corrections are also provided for.

Remuneration Committee updated: listed firms must appoint a minimum number of non-executive independent directors; subsidiaries covered.
Amendment to Schedule XIII inserts the phrase applying the salary-scale proviso where the company is a listed company or a subsidiary of a listed company, and substitutes Explanation IV to define "Remuneration Committee": for listed companies a committee of a minimum number of non executive independent directors including nominee director(s), and for other companies a Remuneration Committee of Directors; effective from publication in the Official Gazette.

Appointment of Special Commissioner of Value Added Tax to assist Commissioner under Delhi Value Added Tax Act provisions.
The Lt. Governor, under clause (a) of sub section (2) of Section 66 of the Delhi Value Added Tax Act, 2004 read with rule 47 of the Delhi VAT Rules, 2005, appoints Smt. Rita Kumar as Special Commissioner of Value Added Tax, effective from assumption of charge, to assist the Commissioner in administering the Act.

Research expenditure exemption conditioned on use for scientific research, audited accounts, and certified donation statements.
Kelkar Education Trust is approved as an Other Institution for exemption under clause (ii) of subsection (1) of section 35 from assessment year 2010-11 onward, provided donations are used solely for scientific research conducted by faculty or enrolled students, separate books for research funds are maintained and audited by a qualified accountant with the audit report and a certified statement of donations and application furnished to the tax authorities by the return due date; approval may be withdrawn for failures in accounting, audit, certification, genuine research activity, or compliance with the statutory rules.

Research expenditure exemption requires approved organisation to use donations for scientific research and comply with audit reporting.
Approval is granted to Fluorosis Research & Rural Development Foundation as an approved "Other Institution" for the purpose of research expenditure under section 35(1)(ii), subject to conditions: sums must be utilised for scientific research; research carried out by faculty or enrolled students; separate books of account for research receipts and expenditures maintained and audited by a qualified accountant with the audit report furnished by the return filing due date; and a separate, auditor certified statement of donations received and amounts applied for scientific research must accompany the audit report.

Anti-dumping duty on barium carbonate imposed to counter dumped imports from specified exporters, with per-unit rates prescribed.
Imposition of anti-dumping duty on barium carbonate follows designated authority findings that exports from the People's Republic of China were dumped, caused material injury, and warranted provisional measures. The Central Government prescribes specific per-unit US dollar duty rates for named producers and exporters and default rates for other origin/export combinations, applicable to imports under the stated tariff sub-heading; the duty is payable in Indian currency, for a fixed statutory period from the provisional imposition, with exchange rate determined as notified under the Customs Act and tied to bill of entry presentation.

Continuation of anti-dumping duty on cellophane transparent film from China extended by government notification officially.
The Central Government amended notification No. 94/2006 Customs to add a paragraph continuing the anti-dumping duty on imports of Cellophane Transparent Film (heading 3920) originating in or exported from the People's Republic of China, following a review under sub section (5) of section 9A of the Customs Tariff Act, 1975 and in pursuance of rule 23 of the relevant anti dumping rules; the amendment preserves the notification in force for a specified period unless earlier revoked.

Developer name amendment updates official designation for a Special Economic Zone free trade warehousing zone.
The Central Government amended earlier Ministry notifications for a sector specific Special Economic Zone designated as a Free Trade Warehousing Zone at Villages Mannur and Valarpuram, Kancheepuram, Tamil Nadu, by substituting the previously recorded corporate name of the developer with a new corporate name, thereby updating the official designation of the SEZ developer in those notifications.

Determination of Origin expanded to include Lao PDR under ASEAN India preferential trade rules, amending Annexure IV.
The Central Government, under section 5(1) of the Customs Tariff Act, 1975, issued the Customs Tariff Determination of Origin First Amendment Rules, 2011 by Notification No. 8/2011, inserting a new S. No. 8 in Annexure IV of the 2009 Rules to include "Lao PDR" among the listed countries for origin determination under the ASEAN-India Preferential Trade Agreement.