Certifying authority inclusion expands to allow KVIC and State KVIB CEOs to certify eligibility for central excise exemptions.
Notification 252/88 amends Notification 191/85-C.E. by substituting references so that certification for specified exemption conditions may be provided by either the Director in charge of textiles and handlooms in a State or by the Chief Executive Officer in the Khadi and Village Industries Commission or a State Khadi and Village Industries Board, and similarly by substituting the Development Commissioner for Handlooms with the Chief Executive Officer of KVIC or a State KVIB alongside the Development Commissioner.

Tariff notification amendment expands exempted yarn types, adding polypropylene multi-filament yarn alongside viscose and nylon under excise law
Amendment under Section 5A revises specified Central Excise notifications to expand and clarify tariff descriptions for yarn products: Notification 188/62 substitutes "nylon yarn" with "nylon yarn or polypropylene multi-filament yarn," while Notification 53/87 alters its Table entries to replace the tariff heading, list "polypropylene multi-filament yarn and viscose filament yarn" in the product column, and substitute "polypropylene multi-filament yarn or viscose filament yarn" in the descriptive column.

Customs auxiliary duty amendment inserts a new schedule entry via statutory powers, updating exemption notification references.
The Central Government, invoking Section 25(1) of the Customs Act read with Section 77(4) of the Finance Act and citing public interest, amends a miscellaneous exemption notification by inserting an additional serial number in its Schedule that cross-references another notification, thereby updating the exemption schedule governing customs tariff and auxiliary duty treatment.

Customs exemption for specified Chapter 84 machinery waives excess basic duty and the additional customs duty on import.
The Central Government exempts specified Chapter 84 machinery from so much of the basic customs duty as exceeds an amount calculated at the rate of 35 percent ad valorem and waives the entire additional customs duty under the Customs Tariff Act on imports of the listed machines.

Customs tariff amendments update exemption schedules, substituting commodity descriptions and adding tariff classifications with immediate effect.
Amendments to four customs exemption notifications substitute and correct entries in the annexed Tables by replacing specified commodity descriptions and adding or modifying tariff column references. Revisions include substitution of product descriptions (e.g., solder mask/resist; steel strappings), expansion and correction of material categories (including epoxy resins and related additives; corrected cellulose derivative), and addition of tariff classifications for listed serial entries. The changes are effected by textual substitution in the schedules under the authority of Section 25(1) of the Customs Act, 1962.

Ad valorem rate reduction alters customs exemption, narrowing tariff relief under the amended notification.
The Central Government, invoking powers under sub-section (1) of Section 25 of the Customs Act, 1962, amends Notification No. 66/88-Customs by substituting the figures and words "40 per cent ad valorem" with "25 per cent ad valorem," thereby changing the ad valorem exemption rate specified in the original notification.

Customs amendment: substitution of a Schedule entry to specify pharmaceutical goods under the exemption framework.
Amendment to a customs exemption notification substitutes the first entry in the Schedule to Notification No. 89/85-Customs, replacing Serial No. 1 with the description "Rifampicin S. or Rifamycin S," effected under the executive's statutory authority on public interest grounds.

Delegation of powers: revision of administrative designations to replace Directorate with Directorate General and Director with Director General.
The Central Board of Excise and Customs amends a prior notification to replace the term Directorate with Directorate General throughout and to substitute the office title Director-General for Director in the TABLE, thereby revising the formal designations used to identify delegated authority under central excise administrative rules.

Delegation of administrative power: Collector authorised to investigate and adjudicate assigned central excise cases nationwide.
The Central Board of Excise and Customs invests the Collector of Central Excise, Indore, with nationwide authority to investigate and adjudicate those cases as may be assigned to him by the Board, confining exercise of powers to matters specifically delegated for enforcement and decision-making under the Central Excise regime.

Tax exemption notification under section 10(23C)(v) recognizes charitable status for a notified development board for tax purposes.
Central Government notifies "Kurukshetra Development Board" under sub-clause (v) of clause (23C) of section 10 of the Income-tax Act, 1961, designating the Board for the purposes of that sub-clause for the assessment year 1988-89 and recording the notification number and date as the administrative basis for that designation.

Notification under section 10(23C)(iv) confirms charitable status for Divine Light for the Blind, Bangalore organization.
Notifies Divine Light for the Blind, Bangalore under section 10(23C)(iv) of the Income tax Act as recognised for the purposes of that sub clause, applying that recognition to the assessment years 1987 88 to 1988 89 and recording the formal notification reference for administrative effect.

Customs exemption amendment expands the list of exempt textile machinery and extends the exemption period under customs law.
The amendment revises the annexed Table to substitute the first entry with an exemption for air jet looms with or without oil free rotary type screw compressors, and inserts exemptions for auto coners, air jet spinning machines (including those suitable for two fold yarns on the air jet principle) and air splicers with ancillary yarn splicing equipment. It also substitutes the previously stated terminal date with a later terminal date, thereby extending the notification's exemption period under Section 25(1) of the Customs Act, 1962.

Specification of bonds under the section 193 proviso: transferee must notify issuer by registered post within sixty days to secure benefit.
Central Government specifies "12.5% HDFC Bonds, 1998 (B)" as covered by the proviso to section 193; benefit under that proviso is admissible on transfer by endorsement or delivery only if the transferee informs the issuer by registered post within sixty days of the transfer.

Income-tax Appellate Tribunal members' retirement age increased to 62, effective from date of official Gazette publication.
Substitutes the word "sixty" with "sixty-two" in rule 11 of the Income-tax Appellate Tribunal Members (Recruitment and Conditions of Service) Rules, 1963, increasing the Tribunal members' upper age limit; made under the proviso to Article 309 and effective from publication in the official Gazette.

Amendment to customs exemption inserts a new Schedule entry adding Notification No.244 to the existing exemption list.
The Central Government, invoking powers under the Customs Act and the Finance Act, amends Notification No. 161/88-Customs by inserting after Sl. No. 59 a new Sl. No. 60 in the Schedule, referencing Notification No. 244 dated 8th September, 1988, thereby incorporating that notification into the list of miscellaneous exemption notifications concerning auxiliary duty.

Customs duty exemption for imported coal tar pitch caps ad valorem duty and waives additional duty.
Exemption limits customs duty on coal tar pitch imports to the amount calculated at the rate of 35 per cent ad valorem and exempts such imports from the whole of the additional duty leviable under section 3 of the Customs Tariff Act. The exemption is made under the powers of sub section (1) of section 25 of the Customs Act, 1962, and applies to coal tar pitch falling within Chapter 27 of the First Schedule; it remains in force up to and inclusive of 30th September 1989.

Annuity plan specification recognizes certain LIC plans as eligible for income tax deductions under the relevant provision.
The Central Government designates Life Insurance Corporation of India's Jeevan Dhara and Jeevan Akshay plans as the Corporation's annuity plans for the purposes of the income-tax deduction provision, based on those plans having been filed with the Controller of Insurance under the Insurance Act and relevant rules.

Tax exemption notification under section 10(23C)(iv) recognises Jehangir Art Gallery for specified assessment years.
The Central Government notifies Jehangir Art Gallery, Bombay as recognised under the income tax exemption provision for charitable/educational institutions, specifying that the recognition applies for the stated assessment years and thereby situating the gallery within the statutory exemption framework for those years.

Notification under section 10(23C)(iv): Sarat Samity recognised, enabling tax-exemption status for specified assessment years.
The Central Government, under the authority of sub-clause (iv) of clause (23C) of section 10 of the Income-tax Act, 1961, notifies "Sarat Samity, Calcutta" for the purposes of that sub-clause, applying the notification to the assessment years 1985-86 to 1988-89 by Notification No. S.O.191 (No. 8098/F. No. 197/131/88-IT (AI)).

Tax exemption under Section 10(23C)(iv): organisation notified as eligible for the specified assessment year by government.
The Central Government, exercising powers under clause (iv) of clause (23C) of section 10 of the Income-tax Act, notified "Organisation of Pharmaceutical Products of India" as an entity eligible for the specified exemption for the stated assessment year.