Cost audit orders require electricity companies to maintain prescribed cost records and obtain annual independent cost audits.
Mandatory cost audit orders require the listed electricity-sector companies to have cost records maintained under the Cost Accounting Records (Electricity Industry) Rules, 2001 audited for the financial year ending 31-3-2006 and for each subsequent financial year, creating an ongoing compliance obligation to maintain prescribed cost records and procure periodic cost audits by qualified auditors.

Anti-dumping duty imposed on pyrazolone imports from China PR after findings of dumping and material injury.
Anti-dumping duty is imposed on 1-Phenyl-3-Methyl-5-Pyrazolone originating in or exported from China PR after findings that the goods were dumped at less than normal value, causing material injury to the domestic industry through volume and price effects. The duty is imposed under section 9A of the Customs Tariff Act read with the Anti-dumping Rules, specified in a table by tariff sub-headings, origin, export patterns, and per-unit duty; payment is in Indian currency and exchange rate is determined by the notified rate applicable on bill of entry presentation.

Import policy amendment: cellular telephones freed for import while radio communication equipment requires WPC licence.
Amendment revises ITC(HS) import policy for Exim Codes 85252017, 85252019 and 85252099: Cellular telephone items are classified as Free with Fixed Wireless Phones free under 85252017; radio communication equipment under 85252019 and 85252099 remain not permitted except against a licence issued by the WPC wing of the Ministry of Communications and Information Technology. Import Licensing Note No. (1) of Chapter 85 to Schedule 1 (Imports) is deleted and certain entries in Column 4 are amended to read "Ministry of Communications and Information Technology".

Export compliance: mandatory APEDA contract registration and aflatoxin certification for groundnuts and products exported to the European Union.
The amendment broadens the entry to include groundnuts and their products exported to the European Union under a Free export policy, while imposing compulsory registration of contracts with APEDA and requiring a controlled aflatoxin level certificate from APEDA nominated agencies/laboratories.

Establishment of National Tax Tribunal: Central Government notifies constitution of tribunal under Section 3, enabling tax dispute adjudication.
The Central Government, exercising powers under Section 3 of the National Tax Tribunal Act, 2005, issued a notification establishing the National Tax Tribunal with immediate effect, constituting the tribunal by ministerial action as the designated forum to administer matters within its statutory remit.

Permitted foreign investment instruments expanded to expressly include listed non-convertible debentures and commercial papers.
Amendment substitutes, in Schedule 5 paragraph 1 of the principal Regulations, the expression "listed non-convertible debentures/ bonds, commercial papers" for the prior words "non-convertible debentures/bonds", thereby expressly including listed non-convertible debentures and commercial papers within the securities transferable or issuable by persons resident outside India.

Commercial paper issuance to Foreign Institutional Investors permitted under amended deposits regulations, expanding eligible non-resident investors.
Amendment to Regulation 8 of the Foreign Exchange Management (Deposits) Regulations, 2000 expands eligibility for issuance of Commercial Paper by adding a Foreign Institutional Investor registered with the relevant securities regulator alongside Non-Resident Indians, and the amendment takes effect upon publication in the Official Gazette.

Research donation deduction: approval requires separate research accounts and audited auditor certification for donor eligibility.
Approval is granted to M/s. BAIF Development Research Foundation as an institution partly engaged in research under clause (ii) of sub section (1) of section 35, subject to maintaining separate accounts for research activities and submitting audited Income & Expenditure accounts to the tax authority within prescribed timelines, accompanied by an auditor's certificate identifying donor eligible research receipts and certifying that expenditures were for social science/statistical research.

Renewal of recognition granted to a stock exchange, conditional on obtaining final approval for settlement guarantee arrangements.
Renewal of recognition is granted to Jaipur Stock Exchange Limited authorising dealings in contracts in securities for a defined limited period, subject to conditions. Trading may commence only after obtaining final approval from the Securities and Exchange Board of India for establishment of the Settlement Guarantee Fund/Trade Guarantee Fund, and the regulator may prescribe or impose further conditions on the recognition.

Jurisdictional amendment reallocates appellate divisions for Commissioners of Central Excise in Vishakapatnam, redefining territorial lists.
The notification amends Table III of the principal Central Excise notification by substituting Sl. Nos. 71-74 to establish four appellate posts-Commissioner of Central Excise (Appeals), Vishakapatnam I to Vishakapatnam IV-each assigned the territorial units Guntur, the two Vishakapatnam subdivisions, and Tirupati, effected under sub rule (2) of rule 3 of the Central Excise Rules, 2002.

Fixation of tariff values: notification substitutes revised tariff value table for specified imported oils and scrap.
Fixation of tariff values under sub section (2) of Section 14 of the Customs Act by substituting a revised Table into Notification No.36/2001 Cus (N.T.), listing chapter headings, descriptions and tariff values in US dollars per metric tonne for specified edible oils and brass scrap, thereby replacing the earlier Table in the principal notification.