Exchange rate amendment updates customs conversion rates for specified foreign currencies, affecting valuation and tariff calculations.
The Central Government, invoking powers under the Customs Act, substitutes the schedule entries for Belgium Francs, Deutsche Marks, Dutch Guilders, and Swiss Francs in Notification No. 512-Cus., replacing their previous entries with updated conversion rates to be effective from 30-1-1987 for purposes of customs valuation and tariff application.

Exchange rate determination sets conversion rule for Russian rouble into Indian currency under Customs Act for customs valuation.
Determination sets the rate of exchange for conversion between the Russian rouble and Indian currency for purposes of the Customs Act, prescribing the conversion figure to be applied in customs calculations and valuation, superseding the prior notification and stating the date from which the new rate is effective.

Import certificate requirement: importers must produce technical development certification proving goods are essential for exemption.
Amendment substitutes condition (ii) in Para 1 of Notification Nos. 514/86, 515/86 and 516/86 to require the importer to produce a certificate issued by a duly authorised officer of the Directorate General of Technical Development certifying that the goods are essential for the relevant project or purposes, with Notification No. 514/86 referencing the Gas Pipeline Project and the others referencing the above purposes.

Warehousing station designation enables export-oriented undertakings to access customs warehousing benefits and simplified export procedures.
Declaration of Industrial Development Area Gajulamandyam in District Chittoor, Andhra Pradesh, as a warehousing station under the Customs Act to enable the establishment of hundred per cent export-oriented undertakings and to extend customs warehousing treatment and related procedural facilitation to that area.

Warehousing station designation under Customs Act enables establishment of export-oriented units in Mannarpolleru for export activities.
Declaration under the Customs Act designates Village Mannarpolleru in Nellore District, Andhra Pradesh as a warehousing station to facilitate establishment and operation of export-oriented units, creating a customs-supervised facility to support export activity at the specified location.

Declaration of warehousing station enables customs warehousing under section 9 for Village Yelumala in Andhra Pradesh.
Declaration designates Village Yelumala in Ranga Reddy District, Andhra Pradesh, as a warehousing station under powers conferred by section 9 of the Customs Act, 1962, effecting the application of customs warehousing provisions to that locality.

Customs exemption amendment expands permitted imports to include gold jewellery and gold articles set with precious and semi precious stones.
The Central Government, exercising powers under clause (a) of section 7 of the Customs Act, 1962, amends Notification No. 75/75 Customs by substituting, for Serial No. 2 (Jaipur), Column 3, Item (b), sub item (iii): "(iii) gold jewellery and articles of gold including such jewellery and articles set with precious and semi precious stones."

Warehousing station designation enables export-oriented undertakings in Village Velu, Pune district under Customs Act notification.
Designation under the Customs Act declares Village Velu in Taluka Bhor, District Pune, Maharashtra to be a warehousing station to permit the setting up of hundred percent export-oriented undertakings, effected by Notification No. 20/87-Cus dated 23-1-1987 issued by the Central Board of Excise and Customs.

Warehousing station designation: Village Jaliawas declared a customs warehousing station enabling regulated customs storage and procedures.
The Central Board of Excise and Customs, exercising the authority under section 9 of the Customs Act, has declared Village Jaliawas in Mohindergarh district, Haryana, to be a warehousing station, thereby authorizing customs warehousing operations and the regulatory regime for warehousing stations to apply to that location.

Appointment of Customs port expands authorized unloading location for timber and wood products under Customs Act provisions.
Appointment of a Customs port is effected under clause (a) of section 7 of the Customs Act, 1962, designating Port Blair as an authorised Customs port for the unloading of timber and wood based products, thereby permitting import-handling activities for those commodities at that location under the statutory customs framework.

Appointment of Land Customs Station: roads linking Tikonia with Sati and Prithvipur designated as land customs crossings.
Amendment designates, by substituting the Serial No. 21 entry in the earlier notification under clauses (b) and (c) of section 7 of the Customs Act, the road connecting Tikonia (India) with Sati (Kailali) (Nepal) and the road connecting Tikonia (India) with Prithvipur (Nepal) as specified land customs station crossings for customs administration.

Customs exemption added for Mama Snacks (Corn Puff), extending existing import relief to Nepal-manufactured goods under the notification.
The Central Government, under section 25(1) of the Customs Act, 1962, amends Notification No. 132-Customs by inserting a new serial entry in the Schedule to extend the notification's exemption coverage to the specified commodity "Mama Snacks (Corn Puff)" manufactured in Nepal, thereby bringing that item within the scope of the existing miscellaneous exemption framework.

Tariff exemption for polyester yarn used in belt manufacture, conditional on undertaking, recordkeeping and duty recovery on breach.
Exemption applies to polyester filament yarn of 1000 deniers and above imported for manufacture of belting, relieving import duty in excess of the amount computed at the specified ad valorem rate, subject to an undertaking that the goods will be used for that purpose, maintenance of accounts as directed by the Assistant Collector of Customs, production of certified account extracts within three months or permitted extension, and payment on demand of the duty differential if use or recordkeeping requirements are not met.

Customs exemption amendment removes scheduled entry for specified goods under Customs Act, altering prior notification exemptions.
The Central Government, invoking its statutory power under the Customs Act and acting in the public interest, amends Notification No. 464-Customs (dated 18 November 1986) by omitting Serial No. 6 and the related entry in the Schedule, thereby removing the previously listed exemption or provision for the specified goods referenced in that Schedule.

Customs exemption for exported coffee limits duty liability by exempting amounts above a fixed per unit threshold.
The Central Government, under section 25(1) of the Customs Act, 1962, exempts coffee under heading No. 1 of the Second Schedule to the Customs Tariff Act, 1975, when exported, from so much of the duty leviable thereon under that Schedule as is in excess of a specified per quintal threshold, and supersedes Notification No. 451/86 Customs dated 21 October 1986.

Customs tariff amendment expands exemption coverage to include an additional polyester filament yarn tariff heading.
Central Government, invoking sub-section (1) of section 25 of the Customs Act, 1962, amends Notification No. 30/85-Customs by substituting the reference "heading No. 54.02 or 54.06" with "heading No. 54.02, 54.04 or 54.06," thereby bringing goods classifiable under the added heading into the scope of the exemption for polyester filament yarn above 750 deniers.

Extension of customs law to continental shelf and exclusive economic zone brings those maritime areas under customs regulatory and tariff regimes.
The Central Government, under specified clauses of the Territorial Waters, Continental Shelf, Exclusive Economic Zone and Other Maritime Zones Act, 1976, extends the Customs Act, 1962 and the Customs Tariff Act, 1975 to areas of the Continental Shelf and the Exclusive Economic Zone designated by Government notification, thereby subjecting those maritime areas to the customs regulatory and tariff regimes effective from the date specified in the notification.

Extension of customs law to maritime zones brings the continental shelf and exclusive economic zone under customs regulation.
The Central Government, invoking powers under the Territorial Waters, Continental Shelf, Exclusive Economic Zone and Other Maritime Zones Act, 1976, extends the Customs Act, 1962 and the Customs Tariff Act, 1975 to designated areas of the Continental Shelf and the Exclusive Economic Zone, thereby subjecting those maritime zones to customs regulatory and enforcement provisions by formal notification.

Exchange rate amendment: substitution of the Customs Schedule entry for Swedish Kroners, effective mid January, altering the official rate.
Amendment substitutes serial No. 15 in the Customs Schedule with a new Swedish Kroners exchange rate of 51.50, issued under sub clause (i) of clause (a) of sub section (3) of section 14 of the Customs Act, 1962; the revised Schedule entry is effective from mid January.

Customs duty exemption for oleo pine resin permits imports for manufacture of gum rosin and turpentine with capped duty.
The Government exempts oleo pine resin (Chapter 13) imported for manufacture of gum rosin and turpentine from that portion of customs duty in excess of the amount calculated at the rate of 20 per cent ad valorem, under the powers of section 25(1) of the Customs Act, 1962; the exemption remains in force up to and inclusive of 31st December, 1987.