Anti-dumping duty on Bisphenol-A from Japan after designated authority findings, altering import tariff treatment for that product.
Imposition of anti-dumping duty on Bisphenol-A imports from Japan under the Customs Tariff Act and rule 23, following designated authority findings of dumping; duty applies to goods under Chapter 29 of the First Schedule and is collected at importation to address dumping and protect domestic industry.

Special Import Licence permissions expanded for specified ITC(HS) items, allowing import only under SIL per export-import policy.
Amendments to the ITC(HS) classifications permit importation of the listed Exim-coded items only against a Special Import Licence (SIL); the Central Government, under the Foreign Trade Act and the Export and Import Policy, revises column five of the ITC(HS) schedule so that each specified tariff-line description is authorised for import exclusively under the SIL mechanism and notified for implementation in the public interest.

Import of capital goods permitted under EPCG scheme for eligible exporters, with ownership and disclosure conditions for irrigation equipment.
Amendment authorises manufacturer exporters, merchant exporters tied to supporting manufacturers and service providers to import capital goods under the Scheme; for agricultural exports, irrigation equipment may be imported provided ownership remains with the EPCG licence holder, such equipment is neither sold nor leased, and the list of locations where equipment will be situated is furnished to the jurisdictional Assistant Commissioner of Customs and Excise.

Exchange rate notification updates export currency conversion rates and prescribes new operative values effective mid August.
Amendment substitutes serial No. 14 in Schedule-I and serial No. 1 in Schedule-II of Notification No. 46/98-NT-Cus., prescribing the rupee equivalents for the U.S. Dollar (per one unit) and Belgian Francs (per one hundred units) and making those substituted entries effective from 14th August, 1998, under the powers conferred by section 20(2) of the Indian Stamp Act, 1899 and section 14(3)(a)(i) of the Customs Act, 1962.

Exchange rate determination amended for specified foreign currencies, altering notified rupee equivalents and establishing an effective date.
The Central Government amends the prior exchange rate notification by substituting entries in Schedule I and Schedule II to set revised rupee equivalents for specified foreign currencies and declares those substituted rates effective from the notified date, under the statutory authority invoked in the notification.

Withholding tax caps and exemptions on dividends, interest and royalties set under amended double taxation treaty.
Protocol amends the India-Finland Convention to specify taxable categories as Finnish tax and Indian tax, defines competent authority, fiscal year and the term tax, caps source-state withholding on dividends at 15% (with specified exemptions), caps withholding on interest at 10% with exemptions for specified financial institutions and guaranteed loans, and imposes capped rates and definitions for royalties and fees for technical services with listed exclusions; it also provides a 10% ownership exemption for certain cross-border corporate dividends and establishes entry-into-force and phased application rules.

Exemption under Section 35AC confirms hospital construction as eligible project, extending tax relief for specified assessment years.
The Central Government, exercising powers under sub-section (1) read with clause (b) of the Explanation to Section 35AC, specifies the construction of Ujjain Charitable Trust's Hospital and Research Centre at Bhudwaria, Ujjain, as an eligible project at an estimated cost of rupees one hundred fifty lakhs, for a further period of three assessment years commencing from the assessment year 1999-2000, following the National Committee's recommendation under rule 11M(5) of the Income-tax Rules, 1962.

Excise exemption for goods from export-oriented and park-based units when allowed for domestic sale, matching special customs duty.
Exempts goods specified in the tariff schedule produced in hundred percent export-oriented undertakings, free trade zones, EHTP or STP units and allowed to be sold in India from that portion of central excise duty equal to the special additional customs duty leviable on those goods, tying excise relief to parity with the special additional customs duty when such goods enter the domestic market.

Exemption under section 35AC extended for polio centre and eye hospital project, eligible for three further assessment years.
The Central Government specified the construction, equipment and furnishing of a polio centre and an eye hospital at Shri Atma Vallabh Hospital compound, Idar, Gujarat, as an eligible project for exemption under section 35AC and, on the National Committee's recommendation, extended that eligibility for a further three assessment years commencing from assessment year 1999-2000 at the estimated project cost set out in the notification.

Exemption under section 35AC: eligibility for the specified rural medical centre renewed for an additional assessment-period.
The Central Government has renewed the specification of the project for construction, equipment, furnishing and running of Smt. Lakshmi Shah Rural Medical and Research Centre as an eligible project under section 35AC, following a recommendation by the National Committee that the project is being executed properly, thereby extending the project's eligibility for income-tax exemption for a further period of three assessment years commencing from the stated assessment year.

Exemption under section 35AC extended for construction and running of specified primary school for further assessment years.
The Central Government, exercising powers under section 35AC, specified the construction, furnishing and running of Pranavananda Centenary Primary School at Village Kasuria, Nadia, West Bengal of Bharat Sevashram Sangha as an eligible project for a further three assessment years commencing from assessment year 1999-2000, at an estimated cost of twenty-two lakhs, following the National Committee's recommendation that the project was being executed properly and extended beyond the initial three year period.

Exemption under section 35AC: eligible free medical aid project's tax-exempt status extended for additional assessment years.
Central Government specifies extension of tax exemption under Section 35AC for Free medical aid to poor and destitute patients by Gujarat Sarvar Mandal at Ahmedabad as an eligible project or scheme for a further period of three assessment years commencing from assessment year 1999-2000 at an estimated cost of twelve lakhs, following the National Committee's recommendation that the project is being executed properly.

Tax exemption under Section 35AC extended for tribal and backward welfare and well-digging projects, allowing continued eligible project specification.
The Central Government, under the Explanation to Section 35AC, specifies the Bharat Sevashram Sangha scheme-running tribal and backward-class welfare projects at specified locations and digging sixty wells in Ghatsila, Dhalbhum and Dumurai-as an eligible project for donor deduction purposes for a further three assessment years commencing from assessment year 1999-2000, following a National Committee recommendation and noting continuation beyond the original three-year period.

Exemption under section 35AC extended for construction of hostels and ashramsalas following National Committee recommendation.
Exemption under section 35AC is specified for construction of four hostels and development of ashramsalas by Shree Hanuman Vyayam Prasarak Mandal, originally notified for three years from assessment year 1996 97; upon a National Committee recommendation that execution was proper and the project would extend, the Central Government specified the same project as eligible for a further three assessment years commencing from assessment year 1999 2000 at the estimated cost set out in the notification.

Section 35AC exemption extension: Navajyoti Centre project specified as eligible for a further assessment-year period.
The Central Government, following the National Committee's recommendation under the Income-tax Rules, specified the Navajyoti Centre project of the Association for Advancement and Rehabilitation for Handicapped (Aaroh) - covering construction, equipment, furnishing and an associated corpus fund - as an eligible project or scheme for a further assessment-period, on the basis that the project is likely to extend beyond its initial term and is being properly executed.

Tax exemption under section 35AC extended for a specified polio rehabilitation project, preserving donor relief.
The Central Government re-specifies the Accelerated Programme to fight avoidable diseases and rehabilitate polio-affected poor patients run by Smt. Parsaben Narandas Ramji Shah (Talajawala) Society as an eligible project for tax exemption for a further three assessment years commencing 1999-2000 at an estimated cost of rupees one hundred seventy-nine lakhs thirty thousand, following a National Committee recommendation that the project is being executed properly.

Exemption under section 35AC: specification extended for Integrated Rural Development Programme, permitting continued tax-eligible project status.
Central Government specifies the Integrated Rural Development Programme at Kodinar Taluka of Ambuja Cement Foundation as an eligible project under section 35AC, following the National Committee's recommendation that the project is being executed properly, and extends the specification for a further two assessment years commencing from assessment year 1999-2000.

Exemption under section 35AC extended to sports infrastructure project, renewing eligible status for additional assessment years.
The Central Government specifies the construction and equipment of an indoor stadium, swimming pool, cinder track and playground at Amravati, Hatru, Harisal and Achalpur of Shree Hanuman Vyayam Prasarak Mandal as an eligible project for tax exemption under the investment linked provision, at an estimated project cost, and extends the project's eligible status for a further three assessment years following recommendation by the National Committee.

Section 35AC tax exemption extended for Mangalam Medical Rehabilitation project after National Committee recommendation.
The Central Government specified the construction, furnishing and equipment of Mangalam Medical Rehabilitation and Research Centre as an eligible project under section 35AC and, following a National Committee recommendation that execution was satisfactory and that the project would extend beyond the initial three years, extended the specification for a further three assessment years commencing from assessment year 1999-2000 at an estimated cost of thirty eight lakhs seven thousand.

Exemption under section 35AC extended for sports hostel project, granting eligibility for deductions over three further assessment years.
The Central Government re specified the construction and furnishing of sports hostels "Faqir Kutir" and "Arohan" at Van Niwas, Nainital of Sri Aurobindo Ashram-Delhi Branch as an eligible project for tax exemption purposes, following the National Committee's recommendation that the project was being executed properly, and extended its eligibility for a further three assessment years commencing with assessment year 1999 2000 at the estimated project cost.