Research expenditure exemption: approval subject to conditions on utilization, audit, separate accounts and reporting.
Approval is granted to an organisation as an other institution eligible for exemption under clause (ii) of sub section (1) of section 35, subject to conditions that sums be used for scientific research, research be carried out through faculty or enrolled students, separate books of account for research be maintained and audited by a qualified accountant with the audit report and a certified statement of donations furnished to the tax authority by the return due date.

Export prohibition exemption for pulses permits a limited shipment to Maldives through a nominated exporter under trade policy authority.
An exemption to the prohibition on pulse exports permits a limited consignment to the Republic of Maldives as an exception to the ban, authorising export of sixty metric tonnes of pulses through a nominated exporter under powers conferred by the Foreign Trade (Development & Regulation) Act and Foreign Trade Policy provisions; the exemption is country-specific and limited to the specified shipment and exporter without altering the general prohibition.

Anti-dumping duty scope revised to exclude ter-polymer from polypropylene imports by corrigendum altering the notification text.
The corrigendum substitutes the phrase in the first paragraph of the earlier customs notification so that references to imports of Polypropylene read imports of Polypropylene excluding ter-polymer, thereby excluding ter-polymer from the notification's scope.

VAT exemption for diplomatic official and personal purchases established, enabling refund/exemption for specified missions and their diplomats.
The Sixth Schedule of the Delhi Value Added Tax Act, 2004 is amended to insert entries for the Republic of Albania and the Republic of Gambia, each providing exemption or refund of VAT for official purchases of their respective missions in New Delhi and for personal purchases of their diplomats; the changes are made under the Commissioner's powers and take immediate effect.

Provisional anti-dumping assessment on specified tyre imports pending review, with security and retrospective duty liability enforced.
Provisional anti-dumping assessment is ordered on imports of Bus and Truck Radial Tyres and related tubes and flaps exported by specified Giti Tire entities from China PR pending completion of a new shipper review; customs officers may require security or guarantee to cover any deficiency, and importers will be liable to pay any anti-dumping duty recommended on completion of the review from the date of initiation.

Duty free tariff preference expanded by adding Central African Republic to the least developed countries list under customs law.
Amends the duty-free tariff preference regime for Least Developed Countries by adding the Central African Republic to the Schedule of Notification No. 96/2008-Customs via Notification No. 121/2010-Customs made under section 25(1) of the Customs Act, 1962, as a further amendment published in the Gazette of India.

Anti-dumping duty on phenol imports from Thailand and Japan imposed with differentiated producer-exporter rates and five-year duration.
Anti-dumping duties are imposed on imports of Phenol from Thailand and Japan based on findings of dumping, material injury and positive dumping margins. The notification sets differentiated duty rates tied to country of origin, country of export, named producers and exporters, with specified unit rates per metric ton in US dollars and one specified nil-duty combination. Duties are leviable for a five-year period from provisional imposition, payable in Indian currency, with the applicable exchange rate determined by the Government of India's notification and the bill of entry date as the relevant date.

Correction of notified exporter name: Sumitomo Chemical Asia Pte Ltd replaces prior name in anti-dumping notification.
Corrigendum correcting the textual entry in the anti-dumping customs notification: the name recorded at Sl. No. 18 in the table is amended from "Sumitomo Corporation Asia Pte. Ltd" to "Sumitomo Chemical Asia Pte Ltd," confined to the Gazette publication of the original Ministry of Finance (Department of Revenue) notification.

Tariff value amendment: updated import valuation for brass scrap and poppy seeds under substituted customs valuation table.
The Board, invoking sub-section (2) of section 14 of the Customs Act, 1962, substitutes the Table in Notification No. 36/2001-Cus (N.T.), fixing specified tariff values per metric tonne; most vegetable oil entries remain unchanged while new tariff values are prescribed for brass scrap and poppy seeds.

Sanitary napkins tax exemption introduced with MRP cap and minimum pack-size determining eligibility under Delhi VAT.
A new First Schedule entry to the Delhi Value Added Tax Act grants tax treatment for sanitary napkins subject to operative eligibility: the M.R.P. of a pack must not exceed the prescribed cap and each pack must contain at least the specified minimum number of units. The amendment, made under statutory powers, takes immediate effect and creates a distinct schedule classification tied to M.R.P. and pack-size compliance.

Exchange rate determination for customs sets distinct import and export conversion rates for foreign currencies under section 14.
The Central Board of Excise and Customs, exercising powers under section 14 of the Customs Act, 1962, prescribes, effective 1 December 2010, specific rupee conversion rates for listed foreign currencies to be applied to imported and exported goods, superseding the prior notification of 27 October 2010 except as to prior actions; Schedule I lists per-unit import and export rates for major currencies and Schedule II lists per-100-unit rates for Japanese yen.

Double taxation relief and prevention of fiscal evasion between India and Mexico with rules on residence, PE and tax allocation.
The Agreement between India and Mexico establishes reciprocal rules to avoid double taxation and prevent fiscal evasion, applying to residents and taxes on income including withholding taxes and similar future taxes. It defines core concepts-resident, permanent establishment, enterprise-and allocates taxing rights (immovable property, business profits, shipping, dividends, interest, royalties, capital gains, personal services). It prescribes elimination methods (India: deduction; Mexico: credit), non discrimination, MAP, exchange of information, assistance in tax collection, a limitation of benefits regime, and clarifications in an accompanying Protocol.

Works contract classification: BOT contracts treated as works contracts, requiring compulsory VAT registration and compliance.
BOT arrangements for construction, operation and transfer of infrastructure constitute works contract transactions under the DVAT Act because they involve transfer and use of goods in execution of construction and related activities. Consequently, BOT contractors and commercially similar contractual formats (BOO, BOOT, BOMT, etc.) are subject to compulsory registration and associated VAT compliance; the ruling highlights material procurement, transfers to subcontractors and toll based revenue streams as creating VAT and central sales tax liabilities and potential input tax credit issues.

SEZ denotification reduces zone area after governmental approval under Special Economic Zones Act and applicable rules.
The Central Government, having considered M/s. Mikado Realtors Private Limited's proposal and being satisfied that statutory prerequisites are met, denotifies a specified land parcel of the sector-specific Special Economic Zone for electronic hardware, information technology and IT-enabled services at Village Behrampur under the powers conferred by the SEZ Act and relevant rule, thereby recording a reduced resultant SEZ area and identifying the denotified parcel by record particulars.

Statutory reference correction for air travel service exemption, updating applicable cross reference to governing sections in notification.
Corrigendum replaces the reference "clause (aa) of sub section (2) of section 94" with sub section (1) of section 93 read with clause (aa) of sub section (2) of section 94 in Notification No. 26/2010 Service Tax, clarifying the statutory cross reference for the air travel services exemption.

Transport allowance exemption revised: monthly permissible allowance increased retrospectively from Sept 1, 2008 under amended Rule 2BB of Income-tax Rules.
Amends Income-tax Rules by substituting the column entry against serial number 4 in the Rule 2BB(2) table to increase the monthly exempt transport allowance; the amendment is made under section 295 read with clause (14) of section 10 of the Income-tax Act and is retrospective to 1 September 2008.

Tax Return Preparer eligibility restricted: bank officers, legal practitioners and chartered accountants prohibited from acting as preparers.
The scheme amendment provides that an officer of a scheduled bank, a legal practitioner or a chartered accountant shall not be entitled to act as a Tax Return Preparer, and that a person who, after issuance of a Tax Return Preparer Certificate, becomes one of those disqualified persons is similarly ineligible to act as a Tax Return Preparer.

Anti-dumping duty on polypropylene imports from Oman, Saudi Arabia and Singapore with producer-specific rates and five-year levy.
Anti-dumping duty is imposed on polypropylene under tariff sub-headings 3902 1000 and 3902 3000 originating in or exported from Oman, Saudi Arabia and Singapore, with producer- and exporter-specific duty rates per metric tonne in US dollars (some nil, some specified, plus residual rates). The duty applies for five years from 30 July 2009, is payable in Indian currency, and the rate of exchange for conversion shall be as specified by the Government of India with the relevant date being presentation of the bill of entry.

State-promoted power projects exempted from a notification condition when notified as State Transmission Utility and Licensee.
An amendment inserts a proviso excluding power generation projects promoted by State electricity boards or corporations from condition (ii) of the principal notification, provided those projects are notified by the respective State Governments as the State Transmission Utility and Licensee, thereby making that condition inapplicable to such state-notified projects.

Exemption for state promoted renewable power projects: condition (ii) waived where projects are by state electricity boards notified as STU and licensee.
The notification inserts a proviso to condition (ii) of the principal customs exemption, specifying that condition (ii) does not apply to power generation projects promoted by State electricity boards or corporations which are notified by the respective State Governments as the State Transmission Utility and Licensee, thereby extending the exemption for goods used in generation of power from non-conventional materials to such state-promoted projects.