Excise exemption for printing frames: factory-used frames in textile printing are relieved from excise duty.
The rule exempts printing frames under Heading No. 84.42 from the whole of the duty of excise specified in the tariff schedule when such frames are used within the factory of production in the printing of textile fabrics, thereby relieving these inputs from excise levy for factory use in textile printing.

Exemption scope revised: finishing agents and textile dye carriers specified for central excise on textile preparations.
The Government, under sub rule (1) of rule 8 of the Central Excise Rules, 1944, amends Notification No. 172/87 Central Excises by substituting the earlier description with a focused description covering finishing agents, dye carriers to accelerate the dyeing or fixing of dye stuffs and other products and preparations used in the textile industry, falling under Heading No. 38.09.

Auxiliary duty amendment expands the customs exemption schedule by incorporating new notifications under statutory enabling powers.
The Central Government amends a prior miscellaneous exemption notification by inserting two new serial entries into the Schedule of Notification No. 207/87-Customs, thereby incorporating two further notifications dated 2nd September, 1987, into the exemption framework under the enabling provisions of the Customs Act and the Finance Act.

Customs exemption for educational video recordings permits duty-free import by research students subject to certification and restrictive undertakings.
Video cassettes and tapes recorded with university or advanced technical educational programmes are exempt from customs duty and additional customs duty when imported by research students, provided the importer produces certification from the recording organisation and, where applicable, from the Head of the University or an authorised Deputy Secretary, and gives an undertaking restricting sale, use to technical education, and forbidding subsequent re-recording.

Customs exemption for educational video media: duty waived for qualifying university or research imports subject to certification and use restrictions.
Exemption for video cassettes and video tapes recorded with university or advanced technical educational programmes: imported by a University or qualifying research institution, such media are exempt from the whole customs duty and whole additional customs duty, conditional on production of a certificate from the recording organisation and institutional certification of need, and on an undertaking that the media will not be sold without customs permission, will only be used for technical education, and will not be re-recorded.

Research institution approval under section 35(1)(iii) conditioned on separate accounts, annual returns, audited accounts, and timely renewal.
Approval is granted to the Spastics Society of Eastern India as an institution for tax treatment of scientific research, effective 1 April 1987 to 31 March 1988, subject to conditions: maintain separate research accounts; file annual research activity returns by 31 May; submit audited accounts and balance sheet showing income, expenditure, assets and liabilities to the prescribed authority, tax board and income-tax commissioner by 30 June; and apply for extension to the tax board three months before approval expiry.

Notification under section 10(23C)(v): Sree Padmanabhaswamy Temple Trust notified for specified assessment years.
Central Government notifies Sree Padmanabhaswamy Temple Trust under clause (v) of sub section (23C) of section 10 of the Income tax Act, 1961, by S.O.2823 dated 31 8 1987, for assessment years 1985 86 to 1988 89.

Specified bond transfer benefit requires registered notice within a prescribed period to claim withholding-tax concession on transferred bonds.
Central Government designates the HDFC specified bonds for purposes of the proviso to section 193, making transfers subject to the proviso's withholding regime. The notification conditions entitlement to the proviso's benefit on a mandatory procedural requirement: the transferee must inform the issuer by registered post within sixty days of a transfer by endorsement or delivery to claim the withholding concession.

Excise exemption for prison-manufactured goods: full excise duty waived under Central Excise Rules for specified period.
All excisable goods manufactured in a prison are exempted from the whole of excise duty specified in the Schedule to the Central Excise Tariff Act, 1985, under rule 8(1) of the Central Excise Rules, 1944. "Prison" is defined to include jails, places used for detention by State Government order, subsidiary jails, reformatories, Borstal institutions and similar institutions. The notification is effective for a prescribed finite period beginning on the stated commencement date and ending on the stated termination date.

Exemption for village industry products: duty relief granted where goods are genuine, KVIC marketed and certified by KVIC.
The notification exempts specified cottage and village industry goods listed in the Table from central excise duty provided they are genuine village industry products, marketed by or with the assistance of the Khadi and Village Industries Commission, and the manufacturer obtains a certificate from the Commission confirming genuineness and marketing assistance; the term "village industry" follows the meaning in the KVIC Act.

Excise duty exemption for government-manufactured goods applies when supplied for use by government departments during the notification period.
Exemption from the whole of the excise duty is granted for goods specified in the annexed Table where such goods are manufactured by a Central Government factory and are intended for use by any Department of the Central Government; the Table specifies eligible goods by Chapter, listed tariff headings, and particular sub headings, and the relief is subject to the notification's operative period.

Section 80G notification designating a temple as a recognised public place of worship enabling donation tax benefits.
Notification under section 80G designates Chakkamkulangara Siva Temple, Tripunithura, as a public place of worship of renown throughout the State of Kerala, enabling qualifying donations to be treated for tax deduction purposes.

Central Excise amendment postpones commencement date of specified notification to October 1987 under Central Excise Rules authority.
Amendment to Notification No. 190/87-C.E. substitutes the commencement date in paragraph 2, replacing the 1st day of September, 1987 with the 1st day of October, 1987, made under the powers of sub rule (1) of rule 8 of the Central Excise Rules, 1944.

Excise duty exemption for forgings requires their use in manufacture of duty-exempt goods and compliance with prescribed procedures.
The Central Government exempts forgings and forged products under the specified tariff classification from the whole of excise duty, conditioned on their use in the manufacture of goods that are themselves wholly exempt from excise duty and, where such use occurs outside the factory of production, compliance with the prescribed procedural requirements for offsite use.

Approval under section 35(1)(ii) converted to time bound approval requiring separate research accounts, annual returns, audited accounts, and timely reapplication.
Perpetual approval under section 35(1)(ii) granted to the ICMF Cotton Development and Research Association, Bombay, is converted into a time bound approval valid to 31 December 1988 under the category "institute," subject to conditions: maintain separate research accounts; furnish annual research returns by 31 May; submit audited annual accounts, income expenditure statement and balance sheet with copies to the Central Board of Direct Taxes and the Commissioner by 30 June; and apply to the Central Board at least three months before expiry for extension.

Approval under section 35(1)(iii) requires separate research accounts, annual returns, audited accounts and timely renewal application.
The Indian Society of Criminology, Department of Psychology, University of Madras is approved as an institution for research-related tax recognition subject to conditions: maintain a separate account for scientific research receipts; furnish prescribed annual returns of research activities by 31 May; submit audited annual accounts, income and expenditure statement and balance sheet to the prescribed authority, the Central Board of Direct Taxes and the concerned Commissioner by 30 June; and apply for extension at least three months before approval expiry to avoid rejection.

Research institution approval requires separate accounts, annual returns, audited accounts and timely renewal to retain tax benefit.
Approval is granted to Sri Aurobindo Society, Pondicherry as an institution for research-related tax purposes effective 1 January 1986 to 31 March 1988. Conditions: maintain separate accounts for research receipts; furnish annual returns of scientific research activities by 31 May; submit audited annual accounts, income and expenditure statements and balance-sheet to the prescribed authority, the Central Board of Direct Taxes and the concerned Commissioner by 30 June; and apply to the Central Board for extension of approval at least three months before expiry.

Concessional tariff exclusion: concessional rate disapplied for CNC machines and a table item removed from notification.
Amendment replaces the proviso to exclude CNC Machines from the concessional rate for goods at Sl. No. (i) of the Table and omits Item 28 and its entry from Column (2) against Sl. No. (i), thereby modifying the notification's tariff exemption structure.

Research institution approval enables tax-related benefits subject to separate accounts, audited yearly returns and advance renewal application.
The Mother's Service Society, Pondicherry, is approved as an Institution under the research-related tax provision, effective 1 April 1987 to 31 March 1989, subject to maintaining separate accounts for research funds, filing annual research activity returns to the prescribed authority by 31 May, submitting audited annual accounts and balance sheet to the prescribed authority by 30 June with copies to the Central Board of Direct Taxes and the Commissioner of Income-tax, and applying for extension to the Central Board at least three months before approval expiry.

Research institute approval under section 35 requires compliance with accounting, reporting and renewal timelines.
Approval is granted to the Medical Research Centre of Bombay Hospital Trust as an Institution under section 35, conditional on maintaining a separate account for research funds, furnishing annual research activity returns by 31 May, submitting audited annual accounts and balance-sheet to the prescribed authority and tax authorities by 30 June, and applying for approval renewal at least three months before expiry. The approval covers the period 1 April 1987 to 31 March 1988.