Customs exemption expanded to cover capital equipment for manufacture and overhaul of SU 30 MKI aircraft when imported by HAL.
Amendment substitutes a table entry in Notification No.39/96 Customs to extend a customs exemption to capital equipment imported by Hindustan Aeronautics Limited for setting up facilities to manufacture SU-30 MKI aircraft and for facilities to repair/overhaul SU-30 MKI aircraft, its avionics and accessories, and to overhaul AL-31FP engines and accessories.

Anti-dumping duty on suspension-grade PVC imports from specified origins, with producer-exporter specific rates per metric tonne.
Anti-dumping duty is imposed on homopolymer PVC suspension grade imports (sub-heading 3904 21) from specified countries based on findings of dumping, material injury and causation; definitive duties vary by country of origin, country of export and specific producer-exporter combinations, are levied per metric tonne in Indian currency, include listed exclusions for specialty resins and certain nil-duty entries for named firms, and remain effective for six years from Gazette publication under the Customs Tariff Act and the anti-dumping rules.

Exit from export-oriented schemes permits payment of duty under EPCG for DTA units, subject to NFE and EPCG eligibility.
Amendment permits an EOU/EHTP/STP/BTP unit to exit the scheme on payment of duty on capital goods under the prevailing EPCG Scheme for DTA Units, subject to fulfillment of positive NFE criteria under the EOU scheme, eligibility criteria under the EPCG Scheme and standard conditions indicated in HBP V.1.

Constitution of committee under section 86(1A) for appellate areas; LTU Chennai commissioners added to the notification table.
The Central Board of Excise & Customs amends a prior service tax notification to insert entries designating the Commissioner of Central Excise and Service Tax, Large Tax Payers Unit, Chennai; the Commissioner of Central Excise (Appeals), Large Tax Payers Unit, Chennai; and the Commissioner of Central Excise Chennai I as the named appellate functionaries for specified areas, thereby fixing appellate responsibility under the existing statutory notification framework.

Valuation of specified security requires merchant banker-determined fair market value on vesting for fringe benefit tax purposes.
Rule 40D prescribes that for the purposes of clause (ba) of sub-section (1) of section 115WC the fair market value of any specified security not being an equity share, on the date the option vests with the employee, shall be the value determined by a merchant banker on the specified date, with 'merchant banker' and 'specified date' having the meanings assigned in sub-rule (4) of rule 40C. Rule 40C's definition of equity share is omitted.

Approval under section 35(1)(ii) permits tax recognition for research donations, conditional on audit, separate accounts and genuine research.
Nature Conservation Foundation, Mysore is approved under section 35(1)(ii) read with rules 5C and 5E as an 'other Institution' partly engaged in scientific research from 1 April 2006, subject to conditions: research receipts must be used for scientific research; research must be conducted by faculty or enrolled students; separate books of account for research receipts and expenditures must be maintained and audited by a qualified accountant with the audit report furnished to the tax authorities by the income tax return due date; and a separate auditor certified statement of donations and amounts applied to research must be maintained and furnished.

Excise exemption narrowing: peripheral processing excluded, affecting units in Uttarakhand and Himachal Pradesh under amended notifications
Amendments substitute "Uttarakhand" for "Uttranchal" and add a paragraph excluding from the notifications' excise exemption goods subjected only to specified peripheral operations-preservation, cleaning, packing or repacking in a unit container, labeling or re-labelling, sorting, declaration or alteration of retail sale price-where such goods have not undergone any other process amounting to manufacture in the States of Uttarakhand or Himachal Pradesh.

Constitution of appellate committee under section 86(1A) expands chief commissioner representation for service tax appeals.
Amendment under section 86(1A) of the Finance Act, 1994 modifies Notification No. 18/2007-Service Tax by inserting TABLE entries that expand the committee of chief commissioners for appeals to the appellate Tribunal to include the Chief Commissioner of Central Excise and Service Tax (Large Tax Payers Unit), the Commissioner of Central Excise and Service Tax (Large Tax Payers Unit), and the Chief Commissioner of Customs, effected by Notification No. 01/2008-Service Tax.

Section 35 research approval requires separate audited accounts and an auditor certified donation statement to retain tax recognition.
Approval granted to The Foundation for Medical Research, Mumbai as an other institution partly engaged in scientific research, conditional on using receipts solely for research, carrying out research through faculty and enrolled students, maintaining separate books of account for research receipts and expenditures, getting those books audited by a prescribed accountant and furnishing the audit report by the income tax return due date, and maintaining an auditor certified statement of donations and amounts applied for scientific research to accompany the audit report.

Research-donation approval conditions specified for institution; compliance with audit and separate accounts required to retain tax approval.
Approval is granted to the Bombay Natural History Society as an other institution partly engaged in scientific research, subject to conditions: funds must be used for scientific research; research must be carried out by faculty or enrolled students; separate books and a donations statement for research must be maintained; and a qualified accountant must audit research receipts and expenditures with the audit report and certified donations statement furnished to tax authorities by the income-tax return due date.

Quarterly return requirement for exempt units: prescribes Form A with tariff, removal and related party disclosure obligations.
Prescribes Form A as the duplicate quarterly return for manufacturers availing specified central excise exemptions, requiring name, PAN, jurisdictional details, quarter, and a table listing 8 digit tariff item, unit, quantities manufactured and quantities and values of removals (export, domestic sale, other non sale removals). Requires related person disclosures of inputs received and clearances made with names, PANs, quantities and values. Instructions cover additional rows for multiple items, standard quantity abbreviations, tariff number format, valuation rules excluding taxes, and application of the statutory definition of related person.

Quarterly return requirement: units availing specified central excise exemptions must file production and removal returns with Commissioner.
The amendment to rule 12(1) of the Central Excise Rules, 2002 requires assessees availing specified exemption notifications to file quarterly returns, in the form specified by the Board, reporting production and removal of goods and other relevant particulars with the jurisdictional Commissioner of Central Excise within twenty days after the close of the relevant quarter, with a transitional deadline for the quarter ending at the end of December, 2007.

Special Economic Zone designation for IT/ITES notifies land under SEZ Act approval, formalizing development and operation authority.
Notification declares a sector specific Special Economic Zone for information technology and information technology enabled services at Plot No. TZ 04, Greater Noida, following a proposal by M/s. Unitech Infra Con Limited and grant of a letter of approval under the Special Economic Zones Act, 2005; the Central Government, satisfied that statutory prerequisites were met and pursuant to the SEZ Rules, notifies the land measuring 20.23 hectares at Plot No. TZ 04 as a Special Economic Zone for development and operation of IT and ITES activities.

Concessional customs duty on Singapore-origin goods applies only to listed tariff items and origin proof requirements.
Prescribes a concessional effective rate of customs duty for specified goods imported into India from the Republic of Singapore, exempting them from customs duty in excess of the rate set out in the Table. The benefit applies only to listed tariff items and descriptions, and only if the importer proves Singapore origin in accordance with the applicable Rules of Origin.

Tax exemption for specified international sporting event income covers Host Fee received by Commonwealth Games Federation from event organisers.
The Central Government designates the Commonwealth Games Federation as the person, Commonwealth Games 2010 as the international sporting event, and the Host Fee income arising to the Federation from the Organising Committee as the specified income; that identified Host Fee income is treated as exempt under clause (39) of section 10 of the Income-tax Act for the purposes of the statutory exemption framework.

Constitution of customs committees reallocates Chief Commissioner jurisdictions for Mumbai and Pune under section 129A authority.
Amendment under the powers of sub-section (1B) of section 129A of the Customs Act, 1962 substitutes the Table entry at serial 33 and inserts serial 33A in Notification No. 39/2005-Customs (N.T.). Serial 33 designates Chief Commissioner of Customs, Mumbai-III and Chief Commissioner of Customs, Mumbai-II for Air Cargo (Import) Mumbai, Air Cargo (Export) Mumbai, Customs (Airport) Mumbai and Customs (Preventive) Mumbai. Serial 33A designates Chief Commissioner of Customs and Central Excise, Pune and Chief Commissioner of Customs, Mumbai-III for Customs, Pune.

Tariff value fixation for specified imports updated by substitution of the customs notification table, prescribing new per-tonne values.
Amendment under sub-section (2) of section 14 of the Customs Act, 1962 substitutes the Table in Notification No.36/2001-Cus (N.T.) to prescribe tariff values in US dollars per metric tonne for specified goods. The Table lists tariff values for crude palm oil, RBD palm oil, palmolein variants, crude soyabean oil, brass scrap (all grades) and poppy seeds, noting most edible-oil entries remain unchanged and a tariff value is provided for brass scrap.

Reconstitution of review panels under statutory authority reassigns Chief Commissioners for Bangalore and Chennai review cases.
Amendment under section 35B substitutes the Table in Notification No. 6/2007-Central Excise (N.T.) to reconstitute review committees: for Bangalore the committee comprises the Commissioner of Central Excise and Service Tax, Large Taxpayers Unit, Bangalore and the Commissioner of Central Excise, Bangalore-III, with the Commissioner of Central Excise (Appeals), Large Taxpayers Unit, Bangalore as the jurisdictional reviewer; for Chennai the committee comprises the Commissioner of Central Excise and Service Tax, Large Taxpayers Unit, Chennai and the Commissioner of Central Excise, Chennai-I, with the Commissioner of Central Excise (Appeals), Large Taxpayers Unit, Chennai as the jurisdictional reviewer.

Reconstitution of Chief Commissioners panel designates specific Chief Commissioners and Commissioners for Bangalore and Chennai review committees.
Substitutes the table in Notification No. 5/2007-Central Excise (N.T.) to reconstitute review committees under section 35B(1B) of the Central Excise Act by naming the Chief Commissioner of Central Excise and Service Tax (Large Taxpayers Unit) together with the Chief Commissioner of Customs, and the Commissioner of Central Excise and Service Tax (Large Taxpayers Unit) as the designated committee members for the Bangalore and Chennai jurisdictions.

Anti-dumping duty discontinuation after review: rescission follows authority's finding and recommendation to withdraw protection.
Rescission of the anti-dumping duty on imports of D(-) Para Hydroxy Phenyl Glycine Base from Singapore following a review in which the designated authority found continued dumping and injury but concluded the domestic industry did not establish causation or likely adverse effects from duty discontinuation, and recommended withdrawal; the Central Government rescinded the prior notification under section 9A of the Customs Tariff Act, subject to savings for prior actions.