Tax exemption under section 10(46) for notified society grants subject to non commercial activity and return filing conditions.
Notification under section 10(46) designates Kerala State AIDS Prevention Society as a notified body for exemption of specified income consisting of grants-in-aid from the Central Government; the exemption is time limited and conditional on absence of commercial activity, unchanged nature of activities and specified income during the financial year, and filing of return of income as required by the Act, with grants to be received and applied according to prevailing rules.

Minimum export price for onion exports required, conditioning shipments on compliance with the declared MEP.
Export of onions listed at serial numbers 51 and 52 of Schedule 2 of the ITC(HS) Classification is permitted only subject to a Minimum Export Price (MEP) of US$ 350 per Metric Ton F.O.B. or such other rate as may be notified by DGFT; this amendment takes effect immediately and applies to all varieties described.

Exchange rate determination sets distinct rupee conversion rates for imports and exports under customs valuation rules.
The notification determines rupee conversion rates for specified foreign currencies for customs valuation, effective from 20th December, 2013, prescribing separate rates for imported goods and for export goods in two annexed schedules, and superseding the earlier exchange rate notification for future application.

Equity savings deduction for new retail investors conditioned on demat designation and multi year lock in compliance.
The Rajiv Gandhi Equity Savings Scheme provides a deduction to qualifying new retail investors for investments in specified eligible securities, subject to demat account designation, PAN submission and declaration in Form A. Investments made within a block of three consecutive financial years from the initial year qualify for deduction up to the Scheme limit per year, are subject to a three-year fixed lock-in followed by a two-year flexible lock-in with prescribed compliance-day and valuation rules, and face taxability of previously allowed deductions if Scheme conditions are contravened.

Deduction under section 35AC: notified institutions' approved projects eligible for specified tax deduction over three financial years.
Notification under section 35AC, on the National Committee's recommendation, notifies specified institutions as approved and lists eligible projects with estimated costs. For each project the notification specifies the maximum amount of project cost that may be allowed as a deduction under section 35AC, with those amounts apportioned for claim during the approval period. The notification is operative for a fixed three year period covering the consecutive financial years commencing with the first year stated.

Group company definition expanded to include LLPs; voting and board control thresholds plus two year existence govern benefit claims.
Amendment redefines Group Company in Para 9.28: two or more enterprises are a group if they either hold twenty-six per cent or more of voting rights in another enterprise or appoint more than fifty percent of its board. "Enterprise" includes Public Limited Company, Private Limited Company and Limited Liability Partnership (LLP), but excludes partnership and proprietorship firms. For claiming benefits or counting exports, a group company must have existed at least two years prior to the date of application under any export promotion scheme notified in the Foreign Trade Policy.

Special Economic Zone designation for mineral products establishes the zone area, Approval Committee and inland container depot status.
Notification designates a sector specific SEZ for Mineral and Mineral based Products at Thiruvembalapuram, Tamil Nadu, based on a developer's proposal and a granted letter of approval under the SEZ Act. The schedule lists the specific survey numbers and aggregated area defining the SEZ territory. The Central Government constitutes an Approval Committee with specified ex officio members and a developer representative, and declares the SEZ to be deemed an Inland Container Depot under the Customs Act to align customs treatment with the SEZ designation.

Minimum Export Price requirement for onion exports imposed, permitting shipments only subject to DGFT notifications and conditions.
Exports of onions at Serial Numbers 51 and 52 of Schedule 2 of the ITC(HS) Classification are permitted only subject to a specified Minimum Export Price per metric ton or such other rate as may be notified by the Director General of Foreign Trade; the condition applies to all varieties covered and takes effect immediately.

Tariff concessions under CECA deepen; substituted schedule sets preferential customs duty rates for listed goods.
Amendment substitutes the Table in notification No. 10/2008-Customs to deepen CECA tariff concessions by listing specific first-schedule tariff items and prescribing preferential customs duty rates for each item. The substituted Table enumerates tariff line codes with corresponding ad valorem percentage rates or, in one case, an alternative higher specific duty condition, replacing the earlier schedule and operationalising the revised preferential rates for imports covered by the India-Singapore CECA under the Customs notification framework.

Tariff value fixation updates: substituted tables set commodity valuation bases for customs import assessment.
CBEC, exercising powers under section 14(2) of the Customs Act, 1962, amends Notification No. 36/2001-Customs (N.T.) by substituting TABLE-1, TABLE-2 and TABLE-3 to prescribe tariff values in US dollars for specified imported commodities - including palm oils, palmoleins, crude soyabean oil, brass scrap, poppy seeds, areca nuts, and specified gold and silver categories - establishing valuation bases for customs assessment.

Export restriction on listed chemicals now requires licence for all exports irrespective of tariff codes.
The notification immediately restricts export of Dimethylamine Hydrochloride, Sodium Cyanide and Sodium Fluoride and makes their export permissible only under licence; the ITC(HS) codes listed are indicative and the restriction applies regardless of the tariff codes used to declare these substances, issued under the Foreign Trade Policy export control authority.

Exemption of Vessel Sharing Agreements from competition prohibition, subject to shipping directorate monitoring and filing requirements.
The Central Government grants a one year exemption of Vessel Sharing Agreements in the liner shipping industry from the Competition Act prohibition for carriers of all nationalities operating from any Indian port. During the period the shipping directorate will monitor such agreements; persons responsible for ship operations in India must file copies of existing and new VSAs and related documents with the directorate within thirty days of publication or within ten days of signing, whichever is later.

Notification amendment revises project cost and corpus fund figures in an earlier income-tax notification, correcting published amounts.
Corrigendum to an income-tax notification correcting published figures: para 2 revises the stated corpus fund amount upward; para 3 is substituted to record that a prior notification changed the project cost and included corpus fund; and the concluding paragraph is amended to reflect the revised project cost and corpus fund figures, ensuring the Gazette text matches the corrected financial amounts.

Common Adjudicating Authority appointed to consolidate customs adjudication for a specified show cause notice under Customs Act.
Pursuant to sections 4(1) and 5(1) of the Customs Act, the Central Board appoints the Additional/Joint Commissioner of Customs (Preventive), New Custom House, New Delhi as a Common Adjudicating Authority authorised to exercise the powers and discharge the duties of the specified preventive customs commissioners solely for adjudicating show cause notices issued to M/s Beanstalk Brand Consultancy by the Directorate of Revenue Intelligence, Delhi Zonal Unit.

Common Adjudicating Authority appointment centralises customs adjudication for a show cause notice against M/s Hettich India Pvt. Ltd.
The Central Board of Excise and Customs, under sub section (1) of sections 4 and 5 of the Customs Act, 1962, appoints the Additional Commissioner of Customs (Port Import), Jawaharlal Nehru Customs House, Nhava Sheva, as the Common Adjudicating Authority to exercise the powers and duties of three specified Additional Commissioners for adjudicating matters arising from the show cause notice issued to M/s Hettich India Pvt. Ltd.

Common Adjudicating Authority appointed to adjudicate a show cause notice concerning alleged customs violations and related proceedings.
The Central Board of Excise and Customs, under sections 4(1) and 5(1) of the Customs Act, appoints the Additional/Joint Commissioner of Customs, Commissionerate of Customs (Preventive), Jaipur as the Common Adjudicating Authority empowered to exercise the powers and discharge the duties of the two named commissioners for adjudicating the specified show cause notice.

Appointment of Common Adjudicating Authority to adjudicate specified show-cause notices arising from DRI investigations under Customs Act powers.
The Central Board of Excise and Customs appoints the Additional/Joint Commissioner of Customs, ICD Tughlakabad, as a Common Adjudicating Authority under sections 4(1) and 5(1) of the Customs Act to exercise the powers and duties of several named customs officers for the purpose of adjudicating the show-cause notices issued to M/s Patil Rail Infrastructure Pvt. Ltd. referenced in the Directorate of Revenue Intelligence notification.

Common Adjudicating Authority appointment centralises adjudication of specified customs show cause notices from a DRI investigation.
The Central Board of Excise and Customs, invoking the Customs Act, appoints the Additional Commissioner of Customs at Jawaharlal Nehru Custom House, Nhava Sheva, as the Common Adjudicating Authority to exercise the powers and discharge the duties of two named Additional Commissioners of Customs solely for adjudicating the show cause notice issued to M/s Trading Syndicate and others arising from the Directorate of Revenue Intelligence, Mumbai Zonal Unit investigation dated 21st May, 2013.

Common Adjudicating Authority appointment consolidates customs adjudication for DRI-issued show cause proceedings against specified parties.
The Central Board of Excise and Customs, under sections 4(1) and 5(1) of the Customs Act, appoints the Additional/Joint Commissioner of Customs, Ahmedabad, as the Common Adjudicating Authority to exercise powers and discharge duties of specified Additional/Joint and Deputy/Assistant Commissioners at Ahmedabad, Mundra, Kandla, Nhava Sheva, Sabarmati ICD and Hyderabad-II for adjudicating matters arising from the show cause notice issued by the Additional Director, Directorate of Revenue Intelligence, Ahmedabad, concerning M/s Roop Dyes and Intermediates and others.

Common Adjudicating Authority appointment authorises consolidated adjudication of the show cause notice against M/s Ashika Commercial Pvt Ltd.
The Additional/Joint Commissioner of Customs (Port-Import), Jawaharlal Nehru Customs House, Nhava Sheva is appointed as Common Adjudicating Authority to exercise the powers and discharge the duties of the specified Additional/Joint Commissioners and Deputy/Assistant Commissioners of Customs for the purpose of adjudicating matters arising from the show cause notice issued by the regional unit of the Directorate of Revenue Intelligence in respect of the referenced respondent.