Exchange rate determination for export goods: statutory conversion rates set for application in customs export transactions.
Determination of exchange rates for conversion of specified foreign currencies into Indian rupees for export goods under the Customs Act, exercising powers under section 14(3)(a)(i); the Central Government supersedes the prior notification and fixes rates effective 1 April 1996, set out in Schedule I (per one unit) and Schedule II (per one hundred units) to be applied for export goods transactions and related customs processes.

Exchange rate conversion rules set for computing stamp duty and customs, fixing specified foreign currency rates for imported goods.
Prescribes fixed rates of exchange for specified foreign currencies to be used for conversion into Indian rupees and vice versa for calculating stamp duty and for section 14 of the Customs Act insofar as these relate to imported goods, superseding the earlier notification; rates are set out in Schedule I (per unit) and Schedule II (per 100 units) and take effect from the first day of April, 1996.

Delegation of adjudicatory authority: Commissioner of Customs-I Bombay empowered to adjudicate specified show cause notices against named importers.
The Central Government appoints the Commissioner of Customs-I, Bombay to exercise the adjudicatory powers of specified Commissioners of Customs and Central Excise for the purpose of adjudicating the particular show cause notices listed in the Table against the named importers; the appointment is limited to the cases and parties expressly specified and spans multiple ports and jurisdictions.

Designation of Ratnagiri Port for export loading clarifies permitted export cargo under amended customs notification.
The Central Government amended an existing customs notification to substitute the entry for Ratnagiri Port in Maharashtra, so that column (4) now specifies: "Loading of all marine products and cement for export," thereby clarifying the categories of goods authorised for loading for export under the notification.

Customs exemption amendment specifies Microwave Tube Research and Development Centre Bangalore as beneficiary for specified imports.
Amendment to a customs exemption notification substitutes the entry against item No. 52 in Notification No. 128/93-Customs to read "Microwave Tube Research and Development Centre, Bangalore," effected under the power of sub section (1) of section 25 of the Customs Act, 1962 on grounds of public interest.

Drawback rule extensions permit exporters extra time to file claims subject to customs officer satisfaction and specified deadlines.
Amendments to the Drawback Rules replace the proviso to the three month filing period to allow the Assistant Commissioner to extend by a further three months and the Commissioner to extend by a further nine months where satisfied the exporter was prevented by sufficient cause, and substitute the transitional filing clause with a specified calendar deadline; the amendments take effect on publication.

Exchange rate amendment for export goods updates notified currency conversion rates, becoming effective on the notified date.
Amendment to a customs notification substitutes exchange-rate entries for specified currencies in Schedule I and Schedule II of the earlier notification governing export goods; the Central Government, relying on statutory powers under the Indian Stamp Act and the Customs Act, updates those schedule entries and declares the revised rates effective from the notified date.

Exchange rate amendment for imported goods revises specified foreign currency conversion rates under customs notification.
Amendment to customs notification substitutes entries in Schedule I for serial Nos. 8, 12 and 15, replacing the conversion rates for Hong Kong Dollar, Swedish Kroner and Singapore Dollar; the Central Government, under statutory powers, fixes the revised rates and declares them effective from the specified date for valuation of imported goods.

Anti dumping investigation into imports of nitrile rubber from Germany and Korea initiated; parties invited to submit evidence.
A major domestic producer petitioned for an anti dumping investigation into Acrylonitrile Butadiene Rubber imports from Germany and the Republic of Korea, alleging exports below normal value based on submitted normal value estimates and adjusted export prices, and claiming prima facie material injury to the domestic industry; the Designated Authority has initiated an investigation and invited interested parties to submit written evidence within the prescribed time frame.

Exchange rate amendment updates notified currency rates for export goods, replacing Schedule entries and taking effect in March.
Exchange rate amendment substitutes Schedule I entries of the customs notification by replacing the exchange rates for Deutsche Mark, Dutch Guilder, Swiss Franc, Belgian Franc, French Franc, Japanese Yen, Danish Kroner, Norwegian Kroner and Austrian Shilling with revised rates, effective from 18th March, 1996, under statutory authority for customs and stamp law.

Exchange rate update for import valuation: substituted Schedule I currency rates effective from March 18, 1996.
Central Government amends Schedule I of Notification No.10/96 N.T. Cus by substituting the entries for serial Nos. 2, 4-12 and 14 with revised currency denominations and corresponding exchange rates for import valuation, under powers conferred by section 20(2) of the Indian Stamp Act and section 14(3)(a)(i) of the Customs Act; the substituted rates are effective from 18th March, 1996.

Currency classified as perishable or hazardous goods under customs law, altering handling and regulatory treatment.
The Central Government, exercising powers under Section 110(1A) of the Customs Act, amends a prior customs notification by inserting the entry "Currency, Indian & Foreign" into the schedule, thereby including both Indian and foreign currency within the regulatory list of goods treated as perishable or hazardous for customs administration and handling.

Anti-dumping investigation opened for 8 Hydroxyquinoline imports from China after prima facie evidence of dumping and injury.
The Designated Authority has initiated an anti-dumping investigation into imports of 8 Hydroxyquinoline from the People's Republic of China after a sole domestic producer alleged exports are priced below estimated normal value and Chinese production cost, causing a rapid increase in imports, loss of market share, price suppression below cost, and declines in sales, production and capacity utilisation; interested parties are invited to submit representations within 40 days to the Ministry of Commerce address.

Extension of customs exemption: expiry date in the applicable notification amended to extend the exemption period.
The Central Government, invoking section 25(1) of the Customs Act, 1962 and acting in the public interest, amends Notification No. 85/95-Customs by substituting the expiry provision in paragraph 2 with a later date, thereby extending the period of the exemption specified in the original notification.

Exchange rate determination for export goods fixes specified foreign currency conversion rates, effective from March, superseding earlier notification.
The Central Government determines the rate of exchange for specified foreign currencies for export goods, effective from 1 March 1996, superseding the earlier notification; Schedule I lists rupee equivalents for one unit of certain currencies and Schedule II lists rupee equivalents for 100 units of other currencies, thereby prescribing the conversion rates to be used for export-related customs purposes.

Exchange rate determination: prescribed conversion rates govern valuation of imported goods and stamp duty under relevant Acts.
The Central Government prescribes exchange rates for specified foreign currencies for purposes of calculating stamp duty under the Indian Stamp Act, 1899 and for valuation of imported goods under the Customs Act, 1962, superseding the prior notification; the rates set forth in Schedule I and Schedule II shall apply to conversions into or from Indian currency with effect from 1st March, 1996.

Drawback entitlement on specified Chapter 58 and 63 goods permitted from prescribed effective date under Customs Act allowing notified rates.
The Central Government, under section 75(3) of the Customs Act and rule 5(2) of the Drawback Rules, 1995, designates 16th June, 1995 as the effective date from which drawback is allowed on goods at Sub Serial No. 5803 of Chapter 58 and Sub Serial No. 6309 of Chapter 63 in the Table annexed to Public Notice DRAWBACK/PN-5/95, at the rates specified in those Sub Serials.

Customs exemption extended to Research Centre Imarat for missile development imports under amended tariff notification.
Notification No. 16/96-Cus dated 23 February 1996 amends Notification No. 257/92-Cus by inserting Item No. 70 in the Table to add Research Centre Imarat, Hyderabad, thereby extending the miscellaneous customs exemption for imports associated with the Missile Development Programme to that institution.

Certification and importer undertaking required for customs exemptions on power plant modernisation imports.
Amendment requires departmental certification of techno economic clearance and a recommendation for customs exemption: for non nuclear plants a senior Central Electricity Authority officer certifies clearance and a Deputy Secretary in the Department of Power recommends exemption; for nuclear plants a Deputy Secretary in the Department of Atomic Energy certifies and recommends. The importer must give an undertaking to the Assistant Commissioner of Customs to use the goods as specified and to be liable to pay duty if the goods are not used accordingly.

Customs exemption adds life saving drug Immucyst to duty free schedule, expanding import relief for specified medicines.
Under the power conferred by section 25(1) of the Customs Act, the Central Government amended Notification No. 13/95 by inserting a new entry in the Schedule under heading A. Life Saving drugs or medicines (including diagnostic test kits), naming Immucyst as a covered item and thereby including it within the scope of the customs exemption for life saving drugs.