Auxiliary duty amendment removes and inserts tariff entries under customs notification, using Customs Act and Finance Act powers.
Amendment to auxiliary duty tariff entries by Notification No. 523/86-Cus exercises powers under sub-section (1) of section 25 of the Customs Act, 1962 and sub-section (4) of section 49 of the Finance Act, 1986 to omit Serial No. 56 from the Schedule to Notification No. 314/86-Customs and to insert a new Serial No. 75 identified as No. 522/86-Customs after Serial No. 74.

Customs exemption for imported steel used in fuel-efficient vehicle body panels, conditional on certification and use verification.
Exemption under section 66 exempts imported steel sheets and blanks in Chapters 72 or 73 when used to manufacture body panels of fuel-efficient motor cars or vans (engine capacity not exceeding 1000 cc) from customs duty in excess of 25% ad valorem and from additional duty under section 3, subject to certificate-based approval by industrial authorities, post-import use verification by Central Excise, exclusion of waste from exemption with duty payable, prescribed fuel-efficiency testing protocols, and specified definitions; effective until 30 June 1987.

Customs exemption caps assessable duty on propylene co-polymers at a specified ad valorem rate until notification expiry.
Imported propylene co-polymers are exempted from customs duty to the extent that duty does not exceed the ad valorem rate specified in the notification; the exemption applies to goods classified as propylene co-polymers and is subject to the period of operation stated in the notification.

Customs exemption increase raises ad valorem relief and extends notification expiry for commercial vehicle components.
Amendment to a customs exemption notification increases the ad valorem relief for components of commercial vehicles to 50 per cent ad valorem and extends the notification's expiry to the 31st day of December, 1987, effected by substituting the opening paragraph and paragraph 2 of the earlier notification under powers conferred by the Customs Act.

Auxiliary duty amendment removes a schedule entry, modifying exemption notifications under Customs Act and Finance Act powers.
The Central Government, invoking powers under the Customs Act and the Finance Act, amends Notification No. 314/86-Customs by omitting Serial No. 1 and its corresponding entry from the Schedule to that notification, thereby removing the specified exemption entry relating to auxiliary duty.

Amendment to customs exemption schedule omits one serial entry and inserts four notification references altering auxiliary duty coverage.
The Central Government, under sub-section (1) of section 25 of the Customs Act read with sub-section (4) of section 49 of the Finance Act, amends Notification No. 312/86-Customs by omitting Serial No. 157 from the Schedule and inserting after Serial No. 284 four new entries (Notifications Nos. 513/86, 514/86, 515/86 and 516/86, all dated 30-12-1986) to alter the roster of miscellaneous exemption notifications relating to auxiliary duty.

Customs exemption certification now requires a Deputy Secretary's certificate for petroleum-sector imports and extends exemption timelines.
Amendments require production of a certificate from an officer not below the rank of Deputy Secretary in the petroleum ministry confirming that imported goods are required for petroleum operations or to be supplied against a global tender for a specified project; they also alter the list of oil-sector beneficiary undertakings, substitute and omit specified clauses, and extend the expiry dates of the time-limited customs exemptions.

Customs exemption for offshore oil exploration imports subject to certification and non manufacture conditions under customs law.
Exemption from customs duty is provided for goods imported in connection with off shore oil exploration or exploitation, subject to two conditions: a government certificate confirming the goods are required for and will be used in off shore exploration or exploitation, and a technical certificate certifying the goods are not manufactured in India.

Exemption for onshore oil exploration imports: customs duty above prescribed ad valorem rate waived subject to government and technical certification.
Exemption for goods imported for onshore oil exploration or exploitation relieves importers from customs duty exceeding a prescribed ad valorem rate and any additional customs duty, conditional on (i) a ministry certificate confirming the goods' type and intended use for onshore exploration or exploitation and (ii) a technical authority certificate that the goods are not manufactured in the domestic market; the exemption is issued under statutory power and is subject to a specified temporal limit.

Customs exemption for pipeline project permits reduced customs duty for imported project goods subject to certification and manufacture in India checks.
Exemption limits the basic customs duty on goods imported by the Gas Authority of India Limited for the H B J gas pipeline project to an amount calculated at 25% ad valorem and exempts the additional duty under section 3, subject to (i) a Deputy Secretary level certificate from the Ministry of Petroleum and Natural Gas that the goods are required and will be used for the project, and (ii) a Directorate General of Technical Development certificate that the goods are not manufactured in India; the exemption was in force until 31 March 1988 and later rescinded.

Customs duty exemption for inputs to oil sector suppliers subject to licensing, bond and evidence requirements.
Exemption limits customs duty on imported raw materials and components for manufacture of goods to be supplied to designated oil sector purchasers to the amount calculated at 25 per cent ad valorem and exempts the additional duty under section 3, subject to conditions: import under a licensed canalising agency with specified endorsements on description, quality, value and quantities; execution of a bond securing payment of duty differences if materials are not used as authorised; and production of evidence satisfactory to the licensing authority to discharge customs liability and licence obligations.

Exchange rate schedule prescribes foreign currency conversion for stamp duty and customs valuation effective from 1 January 1987.
Prescribes an exchange rate schedule for conversion between specified foreign currencies and Indian currency to be used for calculating stamp duty under the Indian Stamp Act, 1899 and for determinations under section 14 of the Customs Act, 1962, effective 1 January 1987, and superseding earlier notifications; includes a Schedule listing each foreign currency and the amount of that currency equivalent to Rs.100 for conversion purposes.

Customs duty exemption revised to cover only amounts above an ad valorem threshold; expiration extended for a further period.
The notification amends an earlier customs exemption so that relief applies only to the portion of customs duty specified in the First Schedule that exceeds a 25 per cent ad valorem threshold, and it extends the notification's expiry by substituting the original terminal date with a later date, continuing the modified exemption for wireless apparatus, accessories and components.

Amendment of Customs Exemptions shifts commencement date for three notifications to 1st April 1987.
The Central Government directs amendment of three miscellaneous customs exemption notifications by substituting "1st day of January, 1987" with "1st day of April, 1987" in paragraph 2 of each listed notification, thereby deferring their commencement.

Removal of domestic-manufacture certification requirement alters customs exemption for imported software in object code by government notification
The notification deletes the clause requiring a senior Department of Electronics officer to certify that software in object code (Chapters 49, 84 or 85) is not manufactured in India and to recommend the grant of the customs exemption, thereby removing the domestic-manufacture certification as a precondition to the specified exemption under the Customs Act.

Customs amendment updates exemption schedule by adding two notification entries under statutory authority to clarify coverage of exemptions.
The Central Government, exercising powers under sub-section (1) of section 25 of the Customs Act, 1962 read with sub-section (4) of section 49 of the Finance Act, 1986, amends notification No. 312/86 Customs by inserting after Sl. No. 282 two new Schedule entries: No. 283 citing Notification No. 506/86 Customs and No. 284 citing Notification No. 507/86 Customs, both dated 24 12 1986.

Customs exemption for computer equipment requires certification and a bond to secure export obligations at import.
The Central Government exempts computer equipments under Heading No. 84.71 from customs duty in excess of a capped ad valorem rate and from the additional duty under Section 3, subject to conditions. The importer must produce a certificate from a Joint Director in the Department of Electronics confirming EXIM Bank arrangement and must execute a bond with the Chief Controller of Imports and Exports to meet export obligations under the 1986 software export policy, with an undertaking to pay the duty shortfall if obligations are not fulfilled.

Customs exemption for computer equipment allows duty relief and waiver of additional duty subject to departmental certification.
Exempts imports of computer equipment under Heading No. 84.71 from customs duty in excess of the Schedule's ad valorem rate and from the additional duty under the Customs Tariff Act, conditional upon certification and recommendation by a Department of Electronics officer of not lower than Joint Director that the imports are under the government's computer software export and development policy.

Fuel-efficiency certification requirement: exemptions hinge on prescribed testing, indigenisation certification, and timely production or duty adjustment.
Import exemptions for fuel-efficient motor cars are conditioned on an Industrial Adviser's certificate showing required and achieved indigenisation and, if shortfall exists, a Joint Secretary-level certificate explaining and deeming the shortfall marginal. Fuel-efficiency testing must be conducted on five cars selected at random by the testing agency and the lowest test figure governs certification. Fuel-efficiency certificates are valid for six months; importers lacking certificates at import must undertake to produce them within eight weeks (extendable up to four weeks) or pay the difference between duty due without the exemption and duty already paid.

Auxiliary duty for fuel efficient motor cars: Schedule amended to add notification entries modifying exemption coverage.
An amendment inserts two new notification entries into the Schedule of a prior customs exemption notification, adding successive entries immediately after Sl. No. 72 to address auxiliary duty for fuel efficient motor cars, thereby modifying the catalogue of miscellaneous exemption notifications applicable to such vehicles.