Submission of Information in Form T-2 mandated as modified notification, effective in late October, requiring DVAT compliance.
Submission of information in Form T-2 is mandated by a notification amending an earlier notification and issued under the Commissioner's statutory powers under the Delhi Value Added Tax Act, 2004; the amendment directs that the requirement to submit Form T-2 shall come into force with effect from the twenty fifth day of October, 2012, as set out in notification No. F.7(433)/Policy-II/VAT/2012/767-777.

Private placement listing obligations: enhanced Schedule I disclosures and a Shelf Disclosure Document regime streamline tranche listings.
The amendment requires issuers who disclose an intent to list privately placed debt securities to forward a listing application with the disclosures in Schedule I to the recognised stock exchange within fifteen days of allotment. It creates a Shelf Disclosure Document allowing an issuer to file comprehensive Schedule I disclosures and, for 180 days, use the shelf for subsequent tranches subject to updated tranche-level disclosures. The substituted Schedule I prescribes detailed issuer, financial, borrowing, trustee, and issue-specific disclosures and mandates covenants addressing security creation, defaults, and listing delays.

Cap on general corporate purposes and strengthened allocation, disclosure, promoter contribution and allotment rules for public issues.
Amendments define and cap General Corporate Purposes, restrict associate merchant bankers to marketing as a Marketing Lead Manager, shorten timelines for opening offers, adjust financial eligibility thresholds, allow an institutional-heavy book-built route with refund obligations for issuers not meeting profit criteria, revise allocation splits among investor categories with carve-outs for mutual funds, permit limited alternative investment fund participation to meet promoter contribution shortfalls, mandate annual updation of red herring prospectus disclosures, and clarify retail minimum bid-lot and proportionate allotment mechanics.

Common Adjudicating Authority assignment of a show cause notice to the local Commissioner for adjudication under customs delegation.
The Board assigns the Show Cause Notice issued by the central investigative unit to the Commissioner of Customs, Ahmedabad, directing that the commissionerate undertake adjudication pursuant to the notification-based delegation under the Customs Act and transmitting copies to relevant administrative recipients for service and record.

XBRL filing requirement applies to listed and large companies; certain sectors exempt under Companies Act.
Amendment mandates XBRL filing of Balance Sheet, Profit and Loss Account and other documents under section 220 for the financial year commencing on or after 1 April 2011, to be filed with the Registrar using the XBRL taxonomy in Annexure II via the specified e forms. It designates covered companies (listed companies and their Indian subsidiaries, companies meeting capital or turnover thresholds, and those under rule 3) and exempts banking, insurance, power sector companies and non banking financial companies for that year, while updating Annexure references and taxonomy insertion.

Assignment of adjudication: show cause notice delegated to the Commissioner of Customs for formal adjudication proceedings.
The Central Board of Excise & Customs assigns the show cause notice issued by the Directorate of Revenue Intelligence in the case of M/s Akhil Bhartya Samajotthan Sansthan and others to the Commissioner of Customs (Imports) for the purpose of adjudication, exercising powers under the applicable Customs notification made under the Customs Act.

Extension of notification benefit to DVD-ROMs expands exemption coverage for optical media under central excise law.
The Central Government amended an existing exemption notification by substituting the tariff entry description so that the entry formerly limited to CD-ROMs now reads CD-ROMs or DVD-ROMs, thereby extending the exemption to include DVD-ROMs and broadening the class of optical media covered by the specified miscellaneous exemption.

Import policy amendment aligns trade tariff entries with Customs Tariff Schedule, restoring omitted handloom and coir classifications.
Amendment aligns Schedule 1 of the ITC (HS) 2012 with the Customs Tariff Schedule 2012 by inserting omitted eight digit tariff lines under existing six digit subheadings. The entries predominantly cover handloom and coir product classifications, several earlier notified lines are restored, and two coir descriptions are expanded to include processed and value added forms. All newly included tariff lines are assigned a free import policy to correct omissions and ensure consistency with the Customs Tariff Schedule.

Retrospective effect clarified for import policy: budgetary tariff changes apply from Finance Bill passage.
The amendment clarifies that budgetary changes incorporated into the ITC(HS) 2012 by Notification No. 7 (RE 2012) will take effect from the date the Finance Bill was passed, thereby fixing the effective date for the revised tariff line descriptions and removing uncertainty whether the changes applied from publication or legislative passage.

Anti-dumping duty recalculated as the difference between notified amount and landed value for specified stainless steel imports.
Corrigendum revises the anti-dumping duty formula for cold-rolled flat stainless steel (400 series) under 600 mm, replacing a flat per-unit rate in column (8) with a duty equal to the difference between the column (8) amount and the landed value of the imported goods in the same currency and unit.

Designation of Designated Authority: appointment of a new official to administer anti dumping and countervailing duty functions.
An administrative order modifies a prior appointment and designates a new Additional Secretary as the Designated Authority, effective from the stated date, to discharge functions under the Customs Tariff Rules relating to identification, assessment and collection of countervailing duty and anti dumping duty and the determination of injury on subsidised and dumped articles.

Corrigendum corrects export goods rate entry in a customs notification, altering the published tariff figure accordingly.
The corrigendum directs that the rate for export goods at S.No.13, Column (3), Part (b) in Notification No.93/2012-CUSTOMS (N.T.) dated 9th October 2012 be read as "5.75" instead of "6.05 (i.e. no change)", thereby correcting the numeric entry for that tariff line in the published notification.

Exchange of tax information allows authorities to request relevant taxpayer data cross-border subject to confidentiality and legal safeguards.
The Agreement requires competent authorities of India and Macao to exchange information foreseeably relevant to the administration, assessment, collection and enforcement of taxes, obliging requested Parties to use available information gathering measures-including bank and beneficial ownership records-to comply with requests, subject to specified limitations. Requests must state the person, period, information sought, tax purpose and grounds for belief information is held in the requested jurisdiction; exchanged information is subject to strict confidentiality and may be withheld on grounds such as nonconformity, disproportionate difficulty, or public policy.

Applicability of section 28AAA to central excise law extends Customs like matters framework to excise duties with adaptations.
The notification declares that the provisions of section 28AAA of the Customs Act shall apply to like matters concerning duties under the Central Excise Act, 1944, subject to specific textual adaptations: replacing references to "this Act" with the Central Excise Act, treating "importer under section 28" as the person chargeable under the corresponding excise provision, construing "section 28AA" and "section 28" as their excise counterparts, and deeming "proper officer" to mean the Central Excise Officer.

Assignment of Show Cause Notices centralises adjudication by transferring listed customs notices to the Commissioner of Exports, Mumbai.
The Board assigns the Show Cause Notices listed, originally issued by various customs authorities in the case of M/s Nitco Ltd., to the Commissioner of Customs (Exports), Mumbai Zone-I, for adjudication, consolidating adjudicatory responsibility at New Customs House, Ballard Estate, Mumbai.

Eligible project designation extended for Amrita Kuteeram housing scheme, allowing continued prescribed expenditure benefit for three financial years.
Central Government notifies continuation of the Amrita Kuteeram housing project by Mata Amritanandamayi Charitable Trust as an eligible project for tax-deduction purposes for a further three financial years beginning 2012 13, retaining the previously approved project cost of Rs. 300.00 crore. The extension follows the National Committee's recommendation under the Income-tax Rules that the project is properly executed and likely to extend beyond fifteen years, and continues prior notifications and cost enhancements made in earlier extensions.

Section 35AC designation extended for rehabilitation project, preserving eligible expenditure treatment for implemented scheme period.
The Central Government, invoking the Explanation to the provision, notifies the "Centre for Rehabilitation and Development, Chitrakoot" carried out by Jagadguru Rambhadracharya Handicapped University as an eligible project under Section 35AC for a further three years beginning 2012-13, following the National Committee's recommendation and confirming the approved project cost including a corpus fund.

Exchange rate amendment adjusts foreign currency valuation for import and export transactions under Customs Act authority, effective from notified date.
Amendment to the customs exchange rate schedule under Section 14 of the Customs Act substitutes the Schedule entry for the South African Rand to set distinct rates for imported goods and export goods, and declares the revised rates effective from the notified date, with a corrigendum noting a prior reading and its correction.

Section 35AC eligibility extended for Kawant livelihood project, recognition continues for further financial years under notification.
The Central Government, under the Explanation to Section 35AC, re-notifies the Kawant livelihood project as an eligible project for a further three-year period commencing with financial year 2012-13, following the National Committee's recommendation that the project is being executed properly, and confirms no change in the approved project cost.

Eligible project extension under income tax permits amended project cost approval and three-year continuation of hospital expansion.
Notification under section 35AC extends eligibility of the Chavara Cancer Hospital expansion project by Kuriakose Elias Trust for three years commencing 2012-13 and, on the National Committee's recommendation of proper execution, amends the original notification to substitute the previously stated maximum project cost with the newly approved higher amount for computing deductions under the provision.