Customs exemption amendments update tariff-based exemption rates and add specific headings with revised concessions under Customs Act
Amendment revising entries in the schedule to Notification No.21/2002-Customs: replaces column (4) percentages for S.No.34 items (A),(B),(C) with 60% and for S.No.434 with 67.5%; inserts S.No.36A and 36B adding two tariff headings covering all goods with exemption percentages of 65% and 75%, respectively, under the authority of section 25(1) of the Customs Act.

Exchange rate notification updates foreign currency conversion rates for export valuation and customs purposes, with prospective application.
The Board prescribes binding rupee conversion rates for specified foreign currencies for the valuation of exported goods, listing individual currency equivalents in Schedule I and a rate for Japanese Yen in Schedule II, and gives those rates prospective effect as the applicable exchange rates for export purposes.

Exchange rate determination establishes statutory conversion rates for specified foreign currencies applicable to imported goods under customs law.
The Board, exercising statutory power under the Customs Act, fixes the rate of exchange for specified foreign currencies to be used for conversion into Indian currency or vice versa for customs purposes, and appends schedules listing the applicable conversion rates which supersede the prior notification and take effect from the stated date.

Project classification for customs assessment: airport development and metro rail projects added to notification for tariff treatment.
The Central Government amended Notification No. 42/96 Customs by inserting two new serial entries to recognise airport development projects and metro rail projects as project categories for the purpose of customs assessment under the applicable tariff notification, thereby bringing these infrastructure projects within the notification's administrative classification and treatment framework.

Customs tariff amendments change duty rates and add new tariff entries, altering treatment of specified imported goods.
Amendments to Notification No. 21/2002-Customs insert new serial entries and substitute column (4) duty entries for numerous tariff headings, specifying revised duty rates (including Nil, 5% and 7.5%) for designated classifications and listing exclusions within certain entries; the ANNEXURE condition No.94 is omitted.

Customs exemption changes expand eligible 'other items' and alter condition wording affecting units in existence for shorter periods.
The amendment to notification No. 153/1993 replaces the Annexure heading V. OTHER ITEMS with a specified list of eligible equipment (UPS, captive power plant components and transformers as recommended by the STP Society, servo control systems, central air conditioning equipment, private automatic branch exchanges, fax machines, video projection systems, security systems, computer furniture, and tools/kits/spares for those items). The amendment to notification No. 52/2003 substitutes wording in paragraph 6, condition (ii), changing the reference to the unit to apply differently with respect to units based on their duration of existence.

Continuation of anti-dumping duty sustains import restrictions on Trimethoprim pending statutory review under Customs Tariff procedures.
The Central Government amended the original customs notification to continue the anti-dumping duty on Trimethoprim (TMP) imported from the People's Republic of China by invoking statutory review and rule-based authority, inserting a provision that extends the duty for a further fixed period pending completion of the review and subject to earlier revocation.

Customs exemption amendment expands List 5 to incorporate goods in Lists 2 and 3 and referenced notifications.
Amendment substitutes clause 1(a) in List 5 of Notification No. 26/2000 Customs to include goods mentioned in Lists 2 and 3 and goods referred to in specified customs notifications, effectuating the change by textual replacement in the TABLE of the principal notification under the executive's statutory powers in the public interest.

Tariff rate quota limits on specified Sri Lanka imports set with reduced duty rates subject to origin and prior-import inclusion.
Tariff Rate Quota grants reduced ad valorem customs treatment for specified tariff headings on imports from Sri Lanka, limiting exemption to imports within stated aggregate annual quantities for desiccated coconut, pepper, and vanaspati/bakery shortening/margarine; concessional rates apply only up to those aggregate quantities and to goods meeting origin requirements under the Free Trade Agreement determination rules.

Tariff classification amendment clarifies and reassigns categories to redefine customs exemption coverage for specified goods.
Amendment revises Notification No.69/2004-Customs by substituting, omitting and redefining multiple tariff headings and sub headings in the Table, inserting new serial entries for specified textile, telecommunications, data processing and recording goods and parts, and modifying exclusions based on material composition or function, thereby clarifying and realigning the scope of goods eligible for the customs exemptions provided by the principal notification.