Set off of duty: amendment adds an additional tariff item to the exemptible list, altering the table entry.
An amendment substitutes in the Table against S. No. 4, column (4), the figures and word "29, 32, 34 or 38" in place of "29, 34 or 38", thereby expanding the tariff entries list relevant to set off of duty. The amendment is effected under the powers conferred by sub rule (1) of rule 8 of the Central Excise Rules, 1944, and alters Notification No. 432/86 Central Excises (6th October 1986) only insofar as the specified substitution.

Specification under Section 80L: REC debentures designated as qualifying secured redeemable non convertible bonds for tax purpose.
Central Government specifies a seven year secured, redeemable, non convertible bond series issued by the national rural electrification financing body as qualifying under the relevant clause of the Income tax provision, thereby identifying those debentures for the statutory tax treatment provided by that clause.

Approval under section 35(1)(ii) conditions research institution recognition with mandated separate accounts and annual reporting.
Approval is granted to the Child Trust Medical Research Foundation as an approved institution under Section 35(1)(ii) of the Income-tax Act, subject to maintaining a separate account for scientific research receipts, furnishing annual returns of research activities by 30th April, submitting audited annual accounts and balance sheet to the prescribed authority and Commissioner by 30th June, and applying for extension of approval at least three months before expiry; late applications may be rejected.

Specified debentures under section 80L designated for tax treatment as secured redeemable non convertible bonds issued by the issuer.
The Central Government, under the deduction provision of the Income-tax Act, specifies a seven year secured redeemable non convertible bond series issued by the named public power corporation as qualifying debentures for the purposes of that deduction clause; the notification confines its effect to listing that bond series and records the official reference and date.

Warehousing station designation enables customs warehousing regime at a specified location under statutory authority for storage and regulated customs administration.
Declaration of a warehousing station for Nanded effectuates administrative recognition of that location within the customs warehousing framework under the Customs Act, enabling regulated storage, custody and administrative handling of imported goods at the designated site and bringing it within the scope of customs warehousing provisions and associated procedural regimes for supervision and compliance.

Declaration of warehousing station: Uchagaon designated under the Customs Act to operate as a customs-controlled warehouse.
Uchagaon in District Kolhapur, Maharashtra, is designated as a warehousing station under the Customs Act by notification issued under statutory powers, enabling customs-controlled warehousing at that location.

Excise exemption for hand-made carpets removes applied excise duty, including items finished with limited machine use.
An exemption relieves hand-made carpets within Chapter 57 of the Central Excise Tariff from the whole of excise duty specified in the Schedule, under the authority of sub rule (1) of rule 8 of the Central Excise Rules, 1944, and expressly covers carpets that used machines only for pre weaving or post weaving finishing; the notification supersedes an earlier notification on the same subject.

Exemption to goods produced in mines expanded to include an additional tariff classification under amended notification.
The Government, exercising powers under sub rule (1) of rule 8 of the Central Excise Rules, 1944, amends Notification No. 179/85 Central Excises (1 August 1985) by substituting the opening portion to include an additional tariff heading, thereby expanding the tariff entries covered by the miscellaneous exemption for goods produced in mines via Notification No. 439/86 C.E. dated 23 October 1986.

Approval under section 35(1)(ii) granted with conditions on separate research accounts, annual returns, audited filings and renewal timing.
Approval under section 35(1)(ii) is granted to Charutar Arogya Mandal Medical Research Society, Vallabh Vidyanagar, as an "Association" subject to conditions: maintain separate accounts for scientific research; furnish annual scientific research returns by 30 April; submit audited annual accounts, income and expenditure statements and balance-sheet to the prescribed authority and the concerned Commissioner of Income-tax by 30 June; and apply for extension at least three months before approval expiry. The approval period runs from 1 August 1986 to 31 March 1988.

Approval conversion under Section 35(1)(ii): research approval made time bound with specific reporting and accounts conditions.
The perpetual approval under section 35(1)(ii) granted to the Indian Academy of Pediatrics is converted into a time bound approval valid to 31 3 1987, conditional on maintaining a separate account for scientific research, furnishing annual returns of research activity by 30 April, submitting audited annual accounts and balance sheet with copies to the prescribed authority and the Commissioner by 30 June, and applying to the Central Board for extension at least three months before expiry.

Research approval under section 35(1)(iii) granted subject to separate accounts, annual returns, audited accounts, and renewal requirements.
Approval of the Institute of Marketing Management, New Delhi, as an approved institution for research-related tax purposes is subject to maintaining a separate account for research receipts, filing annual returns of scientific research activities by 30 April, submitting audited annual accounts and balance sheet to the prescribed authority and the Commissioner of Income-tax by 30 June, and applying for extension of approval at least three months before expiry; late applications may be rejected. The approval is effective from 1 April 1986 to 31 March 1988.

Customs exemption for exported coffee confines collectible duty per quintal, subject to statutory authority and superseding prior notification.
Coffee classified under heading No. 1 of the Second Schedule to the Customs Tariff Act, 1975 is exempted, when exported from India, from so much of the customs duty as exceeds a specified per quintal amount; the exemption is granted under statutory power in the public interest and supersedes the prior notification No. 29/86 Customs.

Excise duty relief: excess duty on certain tyres, tubes and flaps waived for specified past clearance period.
Central Government under section 11C recognized an administrative practice that resulted in lower excise levy on tyres, tubes and flaps under Tariff Item 16 due to inadvertent retention of wording in an earlier notification, and directed that excess duty beyond the amount payable under the notification as applied in practice for the specified past clearance period shall not be required to be paid.

Estate duty exemption for property vested in state by land and forest vesting laws: such estate duty shall not be payable.
The Central Government directs that no estate duty shall be payable in respect of property included in a deceased's estate which has vested in the State of Kerala under the Kerala Land Reforms Act and the Kerala Private Forests (Vesting and Assignment) Act, relieving such property from levy or collection of estate duty.

Specified debentures under section 80L: secured redeemable nonconvertible bonds issued by Neyveli Lignite specified by notification.
Central Government specified 7 year secured redeemable non convertible bonds issued by Neyveli Lignite Corporation Limited as the debentures recognised for the purposes of section 80L under clause (ii) of sub section (1) by formal notification, thereby identifying that class of securities for eligibility under the tax provision.

Customs amendment removes a specific table entry altering effective duty coverage for listed commodity chapters.
The Central Government, exercising powers under subsection (1) of section 25 of the Customs Act, 1962, amends Notification No. 136/86 Customs by omitting Sl. No. 35 and the entries relating thereto from the Table governing effective rates of duty for goods falling under Chapters 25, 28, 29, 30, 32, 33, 34, 35, 36, 38 and 39.

Approval under section 35(1)(ii) converted to time-bound status, subject to research accounting, annual returns and audited filings.
Approval previously granted under section 35(1)(ii) to the Diabetic Association of India, Bombay is converted to a time-bound approval valid up to 31-3-1987 subject to conditions: maintain a separate research account; furnish annual scientific research returns by 30 April; submit audited accounts and balance-sheet to the prescribed authority and Commissioner by 30 June; and apply to the Central Board of Direct Taxes for extension at least three months before expiry, with late applications liable to be rejected.

Approval conversion to time-bound status requires separate research accounts, annual returns, audited statements, and timely reapplication before expiry.
Perpetual approval under clause (ii) of section 35(1) for the Society of Nuclear Medicine India, Bombay, is converted into time bound approval under the category Association, subject to maintaining a separate account for scientific research receipts, furnishing annual research returns by 30th April each year, submitting audited annual accounts and balance sheet to the prescribed authority and Commissioner by 30th June each year, and applying for further extension three months before expiry.

Time-bound approval under section 35(1)(ii) requires separate research accounts, annual returns, audited accounts and timely re-application.
Perpetual approval under section 35(1)(ii) for Decospin Research Foundation is converted into a time-bound approval subject to maintaining a separate research account, furnishing prescribed annual returns of research activities, submitting audited annual accounts and balance sheet to the prescribed authority and Commissioner, and applying for extension in advance of expiry.

Time-bound approval under income-tax law converted for Christian Medical College and Hospital Vellore, with conditions on accounting, reporting and renewal
Conversion of a perpetual income-tax approval into a time-bound approval for Christian Medical College and Hospital, Vellore, valid up to 31-3-1988, subject to maintaining a separate account for research funds, furnishing prescribed annual returns of scientific research activities by 30 April each year, and submitting audited annual accounts and balance-sheet to the prescribed authority and the Commissioner by 30 June each year, with renewal applications filed three months before expiry.