Exemption from Special Additional Duty: goods exempt under relevant notification remain SAD exempt when imported from Nepal, subject to original conditions.
Exempts from Special Additional Duty (SAD) all goods exempt under Notification No.104/2010 Customs when imported from Nepal by adding S. No.87 to Notification No.20/2006 Customs, with the exemption subject to any conditions specified in Notification No.104/2010 Customs and the duty rate recorded as nil.

KYC Registration Agency framework established to regulate client identification and compliance under SEBI regulatory registration processes.
Establishes a regulatory framework creating KYC (Know Your Client) Registration Agencies under the statutory power in section 30 to centralise client identification, require agency registration and regulatory oversight, and mandate the maintenance, secure handling, updating and sharing of KYC records to facilitate intermediary and market participant compliance.

Appointment of Competition Commission member: new member appointed under the Competition Act; tenure and service rules specified.
The Central Government, under sub-section (1) of Section 8 read with sub-section (1) of Section 10 of the Competition Act, 2002, appointed Shri Shiv Narayan Dhingra as a Member of the Competition Commission of India effective 18th October, 2011. The appointment is for five years or until the appointee attains sixty-five years of age or until further orders, whichever is earlier, and his service, including salary and allowances, is governed by the Competition Commission of India (Salary, Allowances and other Terms and Conditions of Service of Chairperson and other Members) Rules, 2003, as amended.

Appointment of Chairperson under Competition Act: leadership term and service conditions governed by commission rules.
Shri Ashok Chawla is appointed as Chairperson of the Competition Commission of India with effect from the stated commencement date for a tenure of five years or until attaining the age of sixty five years or until further orders, under the authority of Section 8(1) read with Section 10(1) of the Competition Act, 2002; his terms and conditions of service are governed by the Competition Commission of India (Salary, Allowances and other Terms and Conditions of Service of Chairperson and other Members) Rules, 2003, as amended.

Pay for CCI Chairperson and Members revised; consolidated salaries specified and housing and car entitlements removed.
Amendment substitutes Rule 3 to set consolidated monthly salaries for the Chairperson and each Member of the Competition Commission of India and expressly disallows entitlement to house and car benefits in addition to the consolidated pay.

Anti-dumping rule amendment: substitutes wording in Rule 2(b) to 'referring to the rest of the producers'.
The Second Amendment Rules, 2011 substitute the words "referring to the rest of the producers only" with "referring to the rest of the producers" in Rule 2(b) of the 1995 anti dumping Rules. The amendment is made under the enabling provisions of the Customs Tariff Act and comes into force upon publication in the Official Gazette, notified as Notification No.86/2011 dated 1 December 2011.

Alternate minimum tax compliance: certified accountant report in prescribed form required for LLPs to compute adjusted total income and AMT.
Rule 40BA and Form No.29C require a certified accountant's report from eligible auditors for limited liability partnerships to compute adjusted total income and alternate minimum tax; the report must certify computations in accordance with the Income tax Act chapter, rely on details in Annexure A, and declare the particulars true and correct, with Annexure A listing assessee identification, pre adjustment total income, applicable deductions, adjusted total income and the alternate minimum tax computation.

Excise duty exemption on site fabricated marine pile liners relieves retrospective levy, subject to reversal of input credit.
The Central Government directs that the duty of excise on pile liners fabricated at construction sites for marine use shall not be required to be paid for goods on which duty was not levied under the prevailing practice during the period 1 April 2005 to 17 November 2011, provided the unit claiming benefit reverses any input credit taken in respect of inputs used in the manufacture of those goods.

Customs Tariff Amendment: substitution of exemption table prescribing import duty rates for specified tariff items.
The Central Government, exercising its statutory power, substitutes the table in the principal customs exemption notification with a new consolidated table listing specified tariff items and the corresponding import duty or exemption rates for the listed goods, making that substituted schedule the operative tariff treatment under the exemption notification.

Discontinuance of Kisan Vikas Patras sale announced, terminating further sales and subscriptions under the scheme.
Discontinuance of sale of Kisan Vikas Patras is notified, stating that sales shall cease with effect from the close of business on 30 November 2011, terminating further sale and subscription of the instrument.

Tariff values updated for specified edible oils, brass scrap and poppy seeds, substituting the prior customs valuation table.
Amendment substitutes the valuation table in Notification No. 36/2001-Cus (N.T.) under powers of the Customs Act, prescribing tariff values in US$ per metric tonne for specified commodities, including categories of palm oils, palmoleins, crude soyabean oil, and updated entries for brass scrap and poppy seeds; several entries are noted as unchanged from the prior schedule.

Customs notification amendment extends the specified transitional date to first day of April, 2012 under section 25 authority.
Amendment substitutes the operative date in the proviso to the preamble of Notification No.21/2002-Customs: the figures and words "1st day of December, 2011" in clause (m) are replaced by the figures and words "1st day of April, 2012," made under sub-section (1) of section 25 of the Customs Act, 1962 as necessary in the public interest.

Courier clearance regulations expand the specified location reference by including Calicut alongside Coimbatore for regulatory purposes.
Courier Imports and Exports (Clearance) Regulations, 1998 are amended to include Calicut alongside Coimbatore in the specified expression under the regulatory definitions. The amendment takes effect upon publication in the Official Gazette.

Appointment of common adjudicating authority to adjudicate a Customs show cause notice against two glass manufacturers.
The Central Board of Excise and Customs appoints the Joint Commissioner or Additional Commissioner of Customs, Central Excise and Service Tax, Hyderabad II Commissionerate, Hyderabad, as Common Adjudicating Authority to exercise the powers and discharge duties of specified Additional Commissioners for the limited purpose of adjudicating a particular show cause notice issued to two named glass manufacturers at the Hyderabad address, pursuant to the statutory authority conferred under the Customs Act.

National Savings Certificates issuance rules govern purchase, transfer, pledging, nomination and tax treatment of accrued interest.
Rules set the statutory regime for National Savings Certificates (IX Issue): defined types and denominations; purchase procedures via prescribed forms at authorised Post Offices; payment modes and dating rules; transfer and pledging subject to authorised Postmaster consent and eligibility conditions; duplicate certificate procedures on indemnity or guarantee; nomination, cancellation and nominee rights; ten year maturity with annual interest accrual and deemed reinvestment; limited premature encashment rules and encashment locations; taxation of interest on annual accrual; prescribed fees; Post Office non liability for fraudulent encashment; correction and relaxation powers.

Minimum Export Price policy updated: lowered export floor for onions, with exceptions for Bangalore Rose and Krishnapuram varieties.
The notification amends the Foreign Trade Policy by revising the Minimum Export Price (MEP) for onions, replacing previously notified MEP figures for specified schedule entries and setting a uniform MEP for all varieties except two named cultivars, which have a separate MEP; the changes take immediate effect under Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 and para 2.1 of the FTP 2009-2014.

Exchange rate determination for customs valuation sets distinct import and export currency rates effective from the notified date.
The Central Board of Excise and Customs, exercising powers under section 14 of the Customs Act, 1962, supersedes the prior notification and prescribes rupee equivalents for specified foreign currencies for customs valuation. Distinct import and export rates are listed in Schedule I (per unit) and Schedule II (per 100 units for yen), and these rates apply from the stated effective date for purposes of imported and export goods under the Act.

Post Office Monthly Income Account amendments set 8.2% interest from Dec 1, 2011 and no bonus on new accounts.
The amendment sets the rate of interest at 8.2 per cent per annum for deposits made on or after 1 December 2011 and takes effect from that date. It provides that deposits made at account opening on or after 1 December 2011 shall be paid by the post office on or after expiry of five years from opening, and that no bonus shall be paid on such deposits.

National Savings Certificates: five-year maturity, specified annual interest accruals, and graduated encashment values for post Dec 2011 purchases.
Amendment effective 1 December 2011: certificates purchased on or after that date have a five-year maturity and pay Rs.150.90 on encashment after maturity for Rs.100 denomination (pro rata for other denominations). Annual interest accrues at Rs.8.58, Rs.9.31, Rs.10.11, Rs.10.98 and Rs.11.92 per year for years one through five per Rs.100, with interest through year four deemed reinvested. A graduated encashment table specifies amounts payable per Rs.100 for encashment between three and five years, with discount adjustments where applicable.

Public Provident Fund interest adjustment applies to subscriptions after the effective date, modifying annual interest entitlement.
Subscriptions to the Public Provident Fund and balances at the credit of the subscriber made on or after the 1st day of December, 2011 shall bear interest at the prescribed annual rate notified by the government.