Allocation of tax jurisdiction revised to reassign territorial areas and taxpayer classes, effective upon publication in the Gazette.
Amendment under section 120 substitutes specified Schedule I entries of Notification S.O. 733(E), redefining territorial jurisdictions, headquarters and classes of persons and cases for certain Commissioners of Income-tax (including detailed localities for Bangalore-II and district allocations for Davangere and multiple Kolkata divisions), allocating residents, persons with principal place of business and companies, and assigning specific categories of salaried and institutional employees to designated Commissioners; the rest of the notification remains unchanged and the amendment is effective from publication in the Official Gazette.

Customs tariff amendments: technical substitutions to First Schedule updating tariff codes and duty entries without revenue impact.
The notification, exercising powers under section 11A, substitutes specified tariff entries across multiple chapters of the First Schedule to the Customs Tariff Act, 1975 and alters certain column (2) and column (4) entries, including a revised duty entry for tariff item 5211 49 90. The amendments are presented as technical corrections to tariff codes, headings and columnar descriptions to ensure accurate nomenclature and classification.

Customs exemption for specified donated goods enables duty and integrated tax relief on eligible gifts to Indian Red Cross.
Exemption relieves specified imported goods received as gifts by certain charitable bodies, notably paper money and woollen fabrics and apparels received by the Indian Red Cross, from the whole of customs duty and the integrated tax leviable under the Customs Tariff Act; the power is exercised under section 25(1) of the Customs Act and the Table and Notes were subject to later amendments and eventual rescission.

Corrigendum to notification: narrows project scope to construction and running of Sports Centre, replacing broader school project.
Corrigendum revises the cited notification by removing the phrase referring to construction and running of a school for economically weaker sections and rural poor and substituting the description to read solely as construction and running of Sports Centre, thereby narrowing the project description in paragraphs 1 and 4 of the original notification as published in the Gazette.

Anti dumping duty on Ultra High Power graphite electrodes continues for imports from Poland and Brazil, computed against landed value.
Anti dumping duty is imposed on Ultra High Power graphite electrodes (diameters up to 24") from Poland and Brazil, charged as the difference between specified benchmark amounts and the landed value per metric tonne. The duty applies to goods under sub heading 85.45, covers all exporters/producers from those countries, is payable in Indian currency, and is effective from the date the provisional duty was imposed. For calculation, landed value means assessable value under the Customs Act excluding certain duties, and the rate of exchange is the rate notified for the bill of entry date.

Anti-dumping duty rescission ends prior notification on ultra high power graphite electrodes from Poland and Brazil, except past actions.
The Central Government, exercising powers under the Customs Tariff Act and the rules for identification, assessment and collection of anti-dumping duty, rescinds the earlier notification imposing anti-dumping duty on Ultra High Power grade graphite electrodes from Poland and Brazil, while preserving actions done or omitted before the rescission.

Anti-dumping duty on graphite electrodes from Poland and Brazil imposed, calculated as difference between specified amount and landed value.
Graphite electrodes Ultra High Power grade from Poland and Brazil were found dumped and causing material injury; the Central Government imposed a definitive anti-dumping duty calculated as the difference between specified US$ per metric tonne amounts and the landed value, applicable to all exporters/producers from those countries, payable in Indian currency and levied with retrospective effect from the provisional duty date; "landed value" is the assessable value under the Customs Act (excluding specified duties) and the exchange rate is the rate notified for the bill-of-entry date.

Tax exemption for charitable trust recognition requires exclusive application of income and restricted permitted investments.
Notification recognises the India Brand Equity Fund Trust for conditional tax-exempt status subject to: exclusive application or accumulation of income for its objects; investment and deposit restrictions limited to forms permitted by law; exclusion of business income unless incidental and separately accounted; regular filing of income-tax returns; and transfer of surplus and assets on dissolution to a charitable organisation with similar objectives.

Deeming substitution of customs tariff references aligns prior notification with amended First Schedule upon ordinance commencement.
The Board declares that references in the earlier notification to any Chapter, heading or sub heading of the First Schedule to the Customs Tariff Act shall be deemed substituted by the corresponding Chapter, heading or sub heading as amended by the Customs Tariff (Amendment) Ordinance, 2003, ensuring tariff value fixation provisions operate with the updated Schedule references from the Ordinance's commencement.

Central Excise notification amendment updates designated location area and inserts additional survey numbers, altering statutory description.
Amendment to the Central Excise notification revises the designated excise area's statutory description by substituting the stated area figure with a larger area and by inserting additional survey numbers into the Explanation, thereby updating the territorial particulars that define the notified excise site under the enabling clause of the Explanation to the proviso to sub-section (1) of section 3 of the Central Excise Act.

Special Economic Zone specification designates four areas as SEZs, defining boundaries and enclosure requirements under central excise law.
The notification designates the Noida, Madras, Falta and Visakhapatnam areas as Special Economic Zones under the explanatory provision to the proviso to the Central Excise Act, superseding prior notifications, and specifies for each zone the constituent villages and exhaustive lists of khasra/survey numbers, detailed perimeter boundaries, enclosure construction and fencing specifications, and relative proximity to nearby ports or airports, thereby fixing each zone's spatial scope for regulatory purposes.

Export under bond: Liquified petroleum gas added to permitted exports to Nepal and Bhutan under amended notification.
Amendment substitutes the phrase in sub para (3) of para 1 of the principal notification to add liquified petroleum gas to the list of goods permitted for export under bond to Nepal and Bhutan, so that the list reads 'petroleum oil, liquified petroleum gas and lubricant products', effected under powers of sub rule (3) of rule 19 of the Central Excise Rules, 2002.

Unloading and loading permissions at Krishnapatnam port extended to all classes of imported and export goods.
The notification amends a prior customs notification to substitute the table entry for Krishnapatnam, expressly permitting unloading of imported goods and loading of export goods or any class of such goods at Krishnapatnam under the powers conferred by clause (a) of section 7 of the Customs Act, 1962.

Return filing under sub-section (4C) requires submission in Form No. 3A with the prescribed verification and format.
The amendment inserts reference to sub-section (4C) into rule 12(1) and adds clause (e) requiring persons required to file under sub-section (4C) of section 139 to submit their return in Form No. 3A and verify it in the manner indicated therein.

Research institution approval under section 35(1)(iii) requires separate research accounts and annual audited submissions and returns.
The University of Pennsylvania Institute for the Advanced Study of India is approved as an Institution under section 35(1)(iii) read with rule 6, subject to conditions: maintenance of separate books for research activities; annual return of scientific research activities to the Secretary, Department of Scientific & Industrial Research by 31 May; and annual submission by 31 October of audited annual accounts and audited Income & Expenditure Account for research activities to the Director General of Income-tax (Exemptions), the Secretary, Department of Scientific & Industrial Research, and the local Commissioner/Director of Income-tax (Exemptions), besides filing the return of income to the designated Assessing Officer.

Section 10(23G) approval granted to L&T Infocity Ltd for an industrial park, conditional on compliance and audit requirements.
Approval is granted to M/s L&T Infocity Ltd for its industrial park project as an enterprise/industrial undertaking under the income-tax exemption provision read with the applicable rule, subject to compliance with that provision and the rule, including maintenance of books, audit by an accountant and furnishing the audit report; the Central Government may withdraw approval if the undertaking ceases infrastructure operations, fails to maintain audited accounts, or fails to furnish the audit report.

Tax exemption approval under section 10(23G) is conditional and may be withdrawn for failure to maintain or audit accounts.
Approval under section 10(23G) was granted to M/s Andhra Expressway Ltd for an approved BOT highway project, subject to conformity with the Income tax provision and applicable rule, maintenance of books, audit of accounts as required, and timely submission of the prescribed audit report; the Central Government may withdraw approval if the undertaking ceases the infrastructure activity, fails to maintain and audit accounts, or fails to furnish the audit report.

Exchange Rate Determination: revised rupee conversion rates for specified foreign currencies applicable to export goods under customs notification.
The Board, under section 14(3)(a)(i) of the Customs Act, determines rupee conversion rates for specified foreign currencies for export goods, effective 1st February, 2003, superseding the earlier notification; Schedule I lists rates per one unit for various currencies and Schedule II lists the rate per one hundred units for Japanese Yen to be applied for customs purposes.

Exchange Rate Determination sets official foreign-to-rupee conversion rates for specified currencies effective from 1st February.
Determination under the Customs Act prescribes official conversion rates of specified foreign currencies into Indian rupees for import valuation, superseding the earlier notification and taking effect from 1 February 2003. Schedule I sets rates per one unit for listed currencies; Schedule II sets the rate for Japanese Yen per one hundred units. The rates as listed are declared operative for customs purposes by the issuing departmental authority.

Excise concession extended: petrol cleared from registered warehouses qualifies for use in ethanol-blended petrol under amended notification.
Amendment inserts the words "or cleared from a registered warehouse" into paragraph 1 of Notification No. 64/2002-Central Excise, so that petrol cleared from registered warehouses is eligible for the excise concession when used in ethanol-blended petrol, the change being made under the Central Government's statutory authority and notified by Notification No. 04/2003-CE dated 27-01-2003.