Rescission of customs exemption: withdrawal of the re-import provision for cut and polished diamonds after certification.
The Central Government, exercising powers under sub-section (1) of section 25 of the Customs Act, 1962, rescinds Notification No. 55/2001-Customs (16 May 2001) on the re-import of cut and polished diamonds after certification/grading by issuing Notification No. 59/2008-Customs (5 May 2008). The rescission is presented as necessary in the public interest and notes the prior publication and last amendment of the principal notification.

Input-output norms for export units: self-declared and ad-hoc norms allowed pending finalisation, subject to positive foreign exchange criteria.
Where no SION exist, waste, scrap and remnants up to 2% of input quantity are allowed; if additional inputs are needed or waste exceeds 2%, units may use self-declared norms as ad-hoc norms pending fixation by the jurisdictional Development Commissioner within three months and ultimate notification by the DGFT Norms Committee. Capital goods clearance/debonding is permitted on payment equal to excise on depreciated value if the unit has achieved positive Net Foreign Exchange; failure to achieve positive NFE results in depreciation allowance proportionate to the achieved NFE. New tariff-category clearance conditions into the Domestic Tariff Area require positive NFE, predominately Indian raw materials with limited duty-paid imports, and exercise of an irrevocable option under the Foreign Trade Policy.

Inland Container Depot designation: Mundra SEZ deemed an ICD under the Customs Act, enabling customs treatment and controls.
The Central Government, invoking sub section (2) of Section 53 of the Special Economic Zones Act, 2005, appointed a date in 2008 from which the multi product Special Economic Zone at Village Mundra, Taluka Mundra, District Kutch, by M/s. Mundra Port and Special Economic Zone Limited, shall be deemed to be an Inland Container Depot under Section 7 of the Customs Act, 1962.

Special Economic Zone designation for IT and ITeS at Bhondsi establishes notified SEZ area under SEZ Act approval.
The Central Government notifies specified survey numbers at Bhondsi, Tehsil Sohna, District Gurgaon as a Special Economic Zone for information technology and information technology enabled services following an application by M/s. Ascendant Estates Private Limited and grant of a letter of approval, listing the parcels and aggregate area to be included in the SEZ.

Special Economic Zone notification establishes a multi-product SEZ enabling development and operation under the SEZ Act.
Notification designates specified land at Village Mundra as a multi-product Special Economic Zone under the Special Economic Zones Act, 2005, following a letter of approval issued under Section 3(10) after satisfaction of Section 3(8) requirements; the Central Government, invoking Section 4(1) of the Act and rule 8 of the SEZ Rules, 2006, lists the survey numbers and aggregates the area for development, operation and maintenance by M/s. Mundra Port and Special Economic Zone Limited.

Inland Container Depot designation: IT/ITES Special Economic Zone deemed ICD under Customs Act enabling customs alignment
The Central Government, invoking sub-section (2) of Section 53 of the Special Economic Zones Act, 2005, notifies that the information technology and information technology enabled services Special Economic Zone at Bhondsi developed by M/s. Ascendant Estates Private Limited shall be deemed to be an Inland Container Depot under Section 7 of the Customs Act, 1962, effective from the date specified in the notification.

Approval Committee constituted for IT and ITeS SEZ defining membership, ex officio roles and developer representation.
Constitutes an Approval Committee for the IT and ITeS Special Economic Zone at Bhondsi under the Special Economic Zones Act, prescribing the committee's composition: Development Commissioner as Chairperson ex officio; specified ex officio members from Commerce, Foreign Trade, Customs/Central Excise, Income Tax, and Finance; two State nominated officers as ex officio members; and the developer's representative as a special invitee. Provides that an officer not below Joint Development Commissioner shall represent the Development Commissioner when absent.

Approval Committee for SEZ constituted, defining ex officio membership and developer representation for the Mundra zone.
Constitutes the Approval Committee for the Mundra multi product Special Economic Zone by notification S.O.1080(E) dated 2 May 2008, listing its composition: Development Commissioner (Chairperson, ex officio); a Ministry of Commerce Director/Deputy Secretary or nominee (ex officio); Zonal Joint Director General of Foreign Trade (ex officio); Commissioner of Customs or Central Excise or nominee (ex officio); Commissioner of Income Tax or nominee (ex officio); Director (Banking), Ministry of Finance (ex officio); two Joint Secretary rank officers nominated by Gujarat (ex officio); and the developer's representative as Special Invitee; absence of the Development Commissioner is to be covered by a Joint Development Commissioner.

Tariff valuation update fixes per tonne import values for specified edible oils and brass scrap under customs rules.
The Board, exercising powers under sub-section (2) of section 14 of the Customs Act, substitutes the existing table in Notification No.36/2001-Cus (N.T.) with an Import Valuation Table fixing tariff values in US dollars per metric tonne for specified goods, including crude palm oil, palmolein variants, crude soyabean oil, brass scrap and poppy seeds, thereby establishing administratively fixed values for customs valuation and related non-tariff measures.

CENVAT credit non-reversal permitted for metallised plastic film where duty paid on removal, subject to specified conditions.
Where excise duty has been paid on metallised plastic film, CENVAT credit taken or utilized in making that final product shall not be required to be reversed notwithstanding a judicial finding that the metallization process did not amount to manufacture, provided the credit was taken up to the controlling judicial date, excise duty was paid on removal of the final product, and the assessee does not claim refund; buyer CENVAT credit on products made and cleared within the same temporal limit also need not be reversed.

Recognition of Nidhis: notification declares specified benefit fund companies as Nidhis and adds them to the Schedule.
Exercise of power under section 620A of the Companies Act, 1956 to declare named benefit fund companies as Nidhis, add corresponding entries for them into Schedule I of the Principal Notification G.S.R. 978 (28th May, 1963), and apply the directions in Notifications G.S.R. 555(E) (26th July, 2001) and G.S.R. 309(E) (30th April, 2002) to these notified Nidhis.

Rescission of customs notification: prior exemption revoked under tariff and anti dumping rule powers, with savings for past acts.
The Central Government, exercising powers under the Customs Tariff Act and the Anti dumping Duty Rules, rescinds Notification No. 59/2007 Customs by Notification No. 58/2008 dated 1 May 2008, while preserving the legal effect of actions and omissions occurring before that rescission.

Anti-dumping duty exclusion granted after new-shipper review found de minimis dumping margins, relieving specified exporter consignments.
Amendment excludes from anti-dumping duty imports of vitrified and porcelain tiles produced by the named Chinese producer and exported by the named exporters, following a new-shipper review that established new-shipper status and found de minimis dumping margins; the Central Government inserts a proviso in the earlier notification under powers conferred by the Customs Tariff Act and rules on anti-dumping duties, making the exclusion effective from the date provisional assessment was ordered.

Deemed Inland Container Depot status granted to IT/ITES Special Economic Zone enabling Customs Act recognition and related logistics treatment.
A Special Economic Zone for IT and IT enabled services at Sholinganallur II and Perumbakkam Villages, developed by M/s. Electronics Corporation of Tamil Nadu Limited, is deemed to be an Inland Container Depot under section 7 of the Customs Act, by notification exercising powers under the Special Economic Zones Act, thereby integrating the SEZ into the customs regulatory framework for cargo handling and related procedures.

Approval Committee constitution for IT and IT enabled Services Special Economic Zone sets ex officio membership and developer invitee representation.
Constitutes an Approval Committee for the IT and IT enabled Services Special Economic Zone at Sholinganallur and Perumbakkam under section 13(1) of the SEZ Act, 2005, listing ex officio membership: Development Commissioner as Chairperson; Director/Deputy Secretary (Commerce) or nominee; Zonal Joint Director General of Foreign Trade; Commissioner of Customs/Central Excise or nominee; Commissioner of Income Tax or nominee; Director (Banking), Ministry of Finance; Director, Tamil Nadu Industrial Guidance and Export Promotion Bureau; Secretary (Industries), Tamil Nadu; and a representative of the developer as invitee; with substitution of an officer not below Joint Development Commissioner when the Development Commissioner is absent.

Special Economic Zone designation for information technology and IT-enabled services established, enabling sector-specific development and operation.
Notification designates a sector-specific Special Economic Zone for information technology and information technology enabled services at Sholinganallur II and Perumbakkam Villages. M/s. Electronics Corporation of Tamil Nadu Limited proposed the SEZ under section 3 of the Special Economic Zones Act, 2005; after satisfaction of subsection (8) requirements, a letter of approval under subsection (10) of section 3 was granted and, under subsection (1) of section 4 and rule 8 of the SEZ Rules, 2006, the Central Government notifies specified survey parcels and areas as the SEZ for development and operation.

Special Economic Zone notification establishes sector-specific IT and ITES SEZ at Jagir Ammapalayam subject to statutory approvals.
Notification declares a Special Economic Zone for information technology and information technology enabled services at Jagir Ammapalayam village, Salem Taluk, Salem District, Tamil Nadu, following a proposal by M/s. Electronics Corporation of Tamil Nadu Limited and grant of a letter of approval under the Special Economic Zones Act, 2005 and rules; the notification specifies the survey numbers and aggregate land area for the SEZ and records a later de notification of the area.

Inland Container Depot designation: SEZ at Vadapalanji and Kinnimangalam deemed ICD under the Customs Act for customs handling.
The notification designates the IT/ITES Special Economic Zone at Vadapalanji and Kinnimangalam, developed by M/s. Electronics Corporation of Tamil Nadu Limited, to be deemed an Inland Container Depot under section 7 of the Customs Act, 1962, effected under sub section (2) of section 53 of the Special Economic Zones Act, 2005, with the operative date specified in the notification.

Approval Committee constituted for IT/ITES Special Economic Zone to oversee approvals under the Special Economic Zones Act.
Constitutes an Approval Committee under sub section (1) of Section 13 of the Special Economic Zones Act, 2005 for the IT/ITES SEZ developed by M/s. Electronics Corporation of Tamil Nadu Limited at specified villages in Madurai, and lists ex officio members and a developer invitee, with a substitution provision for the Development Commissioner.

Special Economic Zone for IT and ITES notified, enabling development and operation under SEZ Act approval.
Notification establishes a sector specific Special Economic Zone for information technology and information technology enabled services at Vadapalanji Village and Kinnimangalam Village in Madurai District, Tamil Nadu, declaring the specified territorial extent and total area for development and operation following statutory approval under the Special Economic Zones Act and compliance with the Special Economic Zones Rules.