Customs exemption amendment: substitution of a tariff schedule entry replaces D.V.O. with D.V. Ester in Chapter 29 goods.
The Central Government amends the Schedule of an earlier customs exemption notification by substituting, against Serial No. 5, the entry "D.V.O." with "D.V. Ester," effectuating a nomenclature change for specified Chapter 29 goods under its statutory power in the public interest.

Exchange rate adjustment for Pound Sterling updates customs tariff valuation and takes effect to govern customs calculations.
Amendment to a Ministry of Finance customs notification substitutes the Schedule entry for Pound Sterling with a revised exchange rate for customs purposes, and declares that the new rate applies from a specified effective date to update customs valuation and related tariff schedule references.

Insertion of sub-section (2) of section 20 Stamp Act into customs exemption notifications alters recital wording in notices.
Corrigendum directs insertion of sub-section (2) of section 20 of the Indian Stamp Act, 1899 into the first line of the recital in Notifications Nos. 10/87, 26/87, 32/87, 37/87, 39/87 and 41/87, to be placed after the words "In pursuance of" and before the words "sub-clause (i)", as published in the Gazette of India, Extraordinary.

Drawback rules amendment removes export-date timing reference, altering the temporal basis for drawback provisos under customs law.
The amendment removes the explicit temporal reference tying the provisos to the date of export by omitting the words that linked operation of the proviso to the export date in both the proviso to rule 6 and the proviso to rule 7 of the Customs and Central Excise Duties Drawback Rules, 1971, and it takes effect on publication in the Official Gazette under the relevant statutory powers.

Customs exemption caps duty on specified industrial components, limiting excess charge to a fixed ad valorem rate.
Exempts specified imported goods under a tariff heading from that portion of customs duty which exceeds an amount calculated at a fixed ad valorem rate, effected under statutory powers to provide public interest tariff relief; qualifying items include refractory bricks for industrial furnaces, parts of instruments for analysis and physical measurement and testing, and parts of microtomes.

Customs duty exemption for machinery used in non conventional energy instruments, conditional on specified government certification requirements.
Exempts machinery in Chapter 84 or 85 imported for manufacture of instruments, appliances or equipment functioning with non conventional energy from customs duty in excess of the rate calculated at 25% ad valorem and from the whole of additional duty, conditioned on (i) a certificate from an Industrial Adviser or Additional Industrial Adviser that the machinery are not manufactured in India, and (ii) a certificate from a Deputy Secretary in the Ministry of Energy that the machinery are required for those purposes.

Customs exemption for contraceptive manufacturing machinery allowed, conditional on industrial and health necessity certificates.
Machinery within Chapters 84 or 85 imported for manufacture of contraceptives under sub heading 9907.00 is exempted from that portion of customs duty in excess of a specified ad valorem rate and from the additional duty under section 3 of the Customs Tariff Act, provided importers produce (a) a technical/industrial adviser's certificate that the machinery is not manufactured in India and (b) a health administration certificate that the machinery is required for the stated purpose.

Rescission of auxiliary duty notifications revokes multiple prior customs exemption notifications under statutory authority of customs and finance Acts.
The Central Government, exercising powers under section 25 of the Customs Act, 1962 and section 49(4) of the Finance Act, 1986, rescinds specified miscellaneous exemption notifications relating to auxiliary duty by Notification No. 121/87-Cus., dated 1-3-1987, expressly revoking Notification Nos. 310-Customs to 318-Customs dated 13th May 1986, thereby withdrawing those prior customs exemption instruments.

Auxiliary duty exemption for First Schedule goods under customs and finance statutes grants temporary relief from levy.
The Central Government, invoking powers under the Customs Act and the Finance Act, exempts all goods in the First Schedule to the Customs Tariff Act, 1975, from the auxiliary duty leviable under the Finance Act, operating as a temporary suspension of that auxiliary levy for the specified single-day period.

Auxiliary duty exemption for imported parts reduces duty to that on the finished article, subject to proof and conditions.
Exempts parts imported for initial setting up, assembly or manufacture of specified articles from auxiliary duty to the extent it exceeds the duty on the completed article, subject to proof to the Assistant Collector of Customs and compliance with conditions in an earlier notification; applicability is confined to listed tariff headings and specified articles, with provisos limiting certain electrical apparatus and insulators to use in circuits at or above specified voltage/amperage or motor power, and with stated exclusions.

Auxiliary duty exemption for imported parts used in medical electronic equipment reduces duty to the level payable on the finished equipment.
Exempts imported parts required for manufacture of medical electronic equipment from auxiliary duty to the extent that duty exceeds the amount calculable at the auxiliary duty rate applicable to the finished equipment when imported complete, excluding parts containing specified semiconductor devices, light emitting diodes, electronic microcircuits, and non-paper capacitors, and subject to proof to the Assistant Collector of Customs and the conditions of the referenced Government notification as amended.

Auxiliary duty exemption for imported cinematograph films limits levy to portion of print cost plus freight and insurance.
Exempts imported exposed cinematograph films under Heading 37.06 from auxiliary customs duty insofar as the duty exceeds the amount calculated at the specified rate of the value representing only (a) the cost of the print of the cinematograph film and (b) the freight and insurance charges incurred in respect of that print, subject to the statutory powers invoked in the Finance Bill and the Customs Act.

Auxiliary duty exemption for simulator aircraft component imports limits duty to the rate applicable to aircraft component parts.
The Central Government exempts component parts of simulators of aeroplanes and other aircraft on import from so much of the auxiliary duty as exceeds the amount calculated at the rate of auxiliary duty leviable on component parts of aeroplanes or other aircraft under the Finance Bill and relevant notifications.

Auxiliary duty exemption: goods already exempt from customs duty spared excess levy above the prescribed rate of value.
The Central Government exempts goods already partially or wholly exempt from basic customs duty by specified prior notifications from that portion of the auxiliary duty which exceeds a prescribed rate of the goods' value as determined under section 14; such exemption is subject to the conditions, if any, attached to the original exemption notifications listed in the Schedule.

Auxiliary duty exemption for specified imports limits additional customs levy beyond the prescribed percentage of assessed value.
Exemption is granted for specified imported goods listed in the annexed Table by exempting those goods from that portion of the auxiliary duty which exceeds the amount calculated at the rate of 25 per cent of value as determined under the Customs valuation provisions; the exemption is exercised under section 25 of the Customs Act read with the Finance Bill provision and taken in the public interest.

Auxiliary duty exemption: goods exempt under specified customs notifications are relieved from auxiliary customs duty, subject to underlying conditions.
The Central Government exempts from the whole of the auxiliary duty of customs those goods partially or wholly exempt from customs duty under the First Schedule to the Customs Tariff Act, 1975 by virtue of the notifications listed in the Schedule, subject to the same conditions attached to those underlying notifications.

Auxiliary duty exemption: listed imported goods exempted from auxiliary customs duty under Finance Bill provisions.
The Central Government, under section 25 of the Customs Act and the Finance Bill, 1987, exempts the goods specified in the annexed Table from the whole of the auxiliary duty of customs when imported into India; the Table maps First Schedule Chapters to detailed descriptions of exempt goods (covering foodstuffs, raw materials, fuels, fertilizers, chemical and mineral inputs, machinery and instruments), and the notification supplies technical definitions for various petroleum products and for electrical measuring and control instruments.

Auxiliary duty exemption caps set for specified imports; excess duty beyond prescribed rates will not be leviable.
The Central Government exempts specified goods listed in the First Schedule from auxiliary duty to the extent that duty would exceed the amount computed at the rates specified in the annexed Table, thereby capping auxiliary duty at the prescribed rates for each description; the exemption does not affect other existing exemptions and valuation for applying the capped rates follows the statutory Customs valuation provisions.

Customs exemption for specified hotel setup equipment increased, amending the prior ad valorem rate under government notification.
The Central Government, under sub section (1) of section 25 of the Customs Act, 1962, amends clause (a) of Notification No. 6/86 Customs (2 January 1986) by substituting the previously specified ad valorem figure and words with a newly prescribed ad valorem figure and words, thereby changing the ad valorem exemption rate for specified equipment imported for initial hotel setup.

Increase in customs ad valorem exemption for parts of fuel-efficient motor vehicles, expanding concessional duty relief.
The Central Government, under section 25(1) of the Customs Act, 1962, amends specified notifications to substitute the concession rate in the opening paragraph, clause (a), from "25 per cent ad valorem" to "50 per cent. ad valorem", thereby increasing the ad valorem exemption applicable to parts of fuel efficient motor vehicles in the listed notifications.