Extension of customs exemption validity: specified notifications' expiry dates substituted to later dates to continue exemptions.
Central Government, invoking sub section (1) of section 25 of the Customs Act, 1962, directed that four specified miscellaneous customs exemption notifications be amended by substituting the expiry date in paragraph 2 of each notification with later dates, thereby extending the duration for which the exemptions operate; three notifications were moved to a date in March, 1989 and one to a date in November, 1989.

Auxiliary duty amendment omits and inserts specified entries in customs exemption notifications, effective from commencement date.
Amendment directs deletion of Sl. No. 210 from Notification No. 159/88-Customs and deletion of Sl. No. 39 from Notification No. 161/88-Customs, and inserts two new entries after Sl. No. 60 in Notification No. 161/88-Customs. The amendment is made under sub-section (1) of section 25 of the Customs Act, 1962 read with sub-section (4) of section 77 of the Finance Act, 1988, and comes into force on the stated commencement date.

Customs duty exemption for offshore oil exploration imports subject to certificate and capped duty rate for eligible equipment.
Exempts specified goods imported for off-shore oil exploration or exploitation from customs duty in excess of a capped ad valorem rate and from additional duty under the Customs Tariff Act, conditional on the importer producing, at clearance, a certificate from the Member-Secretary of the Empowered Committee on the Indigenisation of Oil Field Equipment and Services certifying the goods are essential for such off-shore purposes; the exemption covers the listed vessels, rigs, equipment, consumables and spares and is effective only for the notification's prescribed period.

Customs exemption for on shore oil exploration imports conditioned on a committee certificate enabling reduced duty on specified equipment.
Goods imported for on shore oil exploration or exploitation are exempted from customs duty in excess of a capped ad valorem rate and from any additional duty under the Customs Tariff Act, when the goods are among the specified list of oilfield equipment and component parts and the importer produces, at clearance, a certificate from the Member Secretary of the Empowered Committee on Indigenisation certifying the goods are essential for those purposes.

Customs exemption extension for oleo pine resin under the Customs Act-expiry date substituted to a later date.
The Central Government, exercising powers under the Customs Act, 1962, amends the miscellaneous exemption notification for oleo pine resin by substituting the previously specified expiry date in paragraph 2 with a later expiry date, thereby extending the period during which the tariff exemption applies.

Extension of customs exemption validity extends re importation relief for Antarctica expedition under existing notification.
The Central Government amended Notification No. 13/85-Customs to substitute a later terminal date in paragraph 2, thereby extending the period during which the customs exemption for goods re-imported for an Antarctica expedition applies; the amendment was made under the statutory power conferred by the Customs Act and is described as being in the public interest.

Customs exemption for carbon black feedstock reduces additional duty liability on qualifying imports meeting BMCI and tariff heading criteria.
Exempts Carbon Black Feedstock under heading No. 27.07 meeting the stated BMCI valuation from so much of the additional duty under section 3 of the Customs Tariff Act as exceeds the amount calculated at the prescribed per kilolitre rate, pursuant to powers under section 25(1) of the Customs Act.

Customs amendment: two Nepal-manufactured wood products added to the import exemption schedule under statutory authority.
Amendment to Notification No. 132-Customs (2 July 1980) by Notification No. 329/88-Cus (30-12-1988) adds two entries to the Schedule after Serial No. 68: "Solid Wood Panel Door" and "Solid Wood Parquet," under the authority of sub-section (1) of section 25 of the Customs Act, 1962.

Import exemption: Writing and printing paper added to schedule, expanding coverage for goods manufactured in Nepal.
The Central Government, exercising powers under sub section (1) of section 25 of the Customs Act, 1962, amends Notification No. 132 Customs (2 July 1980) by inserting a new serial entry in the annexed Schedule to add Writing and Printing Paper, thereby extending the notification's regulatory coverage to imports of goods manufactured in Nepal.

Import exemption for goods manufactured in Nepal expanded to include lead pencils, extending tariff concession under existing notification.
The Central Government, invoking its Customs Act powers and acting in the public interest, amends an existing customs exemption notification by inserting a new Schedule entry specifying "Lead Pencils" as eligible for the exemption for imports manufactured in Nepal, thereby extending tariff concession treatment to that item under the terms of the earlier notification.

Excise exemption for raw naphtha used as fuel grants limited duty relief to specified power units, subject to procedural compliance.
Exemption caps the duty of excise on raw naphtha used as fuel for power generation in specified Chapter 27 cases, limiting levies to an amount calculated at a stated rate per kilolitre at fifteen degrees Celsius, subject to compliance with Chapter X procedures of the Central Excise Rules and applicability only to the enumerated power units for the stated, limited period.

Excise exemption for raw naphtha as fuel in specified power generation units permitted under procedural compliance.
Exemption allows raw naphtha under Chapter 27 used as fuel in specified units to be relieved of excise duty up to a capped rate, provided the procedural requirements in Chapter X of the Central Excise Rules, 1944 are followed; the concession applies only to the listed units for a limited period.

Rescission of exemption notification: government withdraws prior central excise notification under statutory rescission power in public interest.
The central government, invoking Section 5A of the Central Excises and Salt Act, 1944, being satisfied that rescission is necessary in the public interest, hereby rescinds Notification No. 133/68 Central Excises dated 22 June 1968, withdrawing the prior exemption and terminating the benefits conferred by that notification.

Customs amendment extends exemption notification and deletes specified tariff entries, altering expiry to March extension.
The Central Government, invoking sub-section (1) of section 25 of the Customs Act, 1962, amends Notification No. 341/76-Customs by deleting specified serial entries from the Table annexed to that notification and by substituting a later terminal date in paragraph 2 to extend the notification's period of operation.

Excise non-payment for advertising video cassette tapes: government directs no duty required for clearances during specified period.
The Central Government directs that excise duty shall not be required to be paid on video cassette tapes recorded with advertisements and cleared between 1 March 1982 and 19 May 1987 where, owing to an established administrative practice and relevant prior notifications, duty was not levied during that period.

Advance licence transfer permitted; imports may be transferred to another licence holder subject to Intermediate Advance Licence rules.
The notification amends the exemption to allow goods imported under an Advance Licence to be imported for transfer to another Advance Licence holder by substituting the opening wording and rewriting condition (c); it also substitutes condition (g) to require that transfers of resultant products to another Advance Licence holder comply with the provisions relating to Intermediate Advance Licences in Chapter XIX of the Import & Export Policy.

Tax exemption for specified NTPC bonds is contingent on holders registering their name and holding with the issuer.
Central Government designates the specified NTPC secured redeemable non-convertible bonds issued by National Thermal Power Corporation Limited as eligible for tax exemption under the Income-tax Act, conditioned expressly on the bondholder registering his name and holding with the issuing Corporation.

Exchange rate determination standardises currency conversion for stamp duty and customs calculations under the notification.
The Central Government, exercising statutory powers, prescribes specific exchange rates for conversion between listed foreign currencies and Indian currency for calculating stamp duty and for determinations under the Customs Act, superseding an earlier notification. The attached Schedule fixes, for each listed currency, the amount of that foreign currency equivalent to Rs. 100, to be applied from the stated effective date for the purposes specified in the notification.

Extension of exemption period: substitution of the customs notification expiry date to continue grape guard import relief.
Amendment substitutes the expiry date in Notification No. 234/86-Customs concerning "grape guard," extending the temporal scope of that customs exemption by replacing the previously prescribed terminal date with a later terminal date; the change is limited to paragraph 2 and leaves other terms of the notification unchanged.

Extension of exemption period extends expiry of central excise notification for a further temporary quarter.
The Central Government, exercising powers under sub-section (1) of section 5A of the Central Excises and Salt Act, 1944, amends Notification No. 133/86-Central Excises by substituting the previously prescribed expiry date so that the exemption for thermosetting resins and engineering plastics continues for a further limited period.