Amendment to customs exemption notification expands certification to include cost accountants alongside chartered accountants.
Amendment substitutes the Schedule heading in Part H of the customs exemption notification, replacing the heading "Certificate by Chartered Accountant" with "Certificate by Chartered Accountant/Cost Accountant", thereby recognising cost accountants alongside chartered accountants as authorised certifying professionals for the specified exemption mechanism.

Central Excise exemption criteria amended to remove a tariff-heading exclusion and lower the composition threshold for goods.
The government amends two Central Excise notifications to broaden exemption scope by removing a parenthetical tariff-heading exclusion from both instruments and by replacing a previously more restrictive compositional eligibility formula in one notification with a lower minimum composition requirement, thereby changing which goods qualify for the exemption.

Inland Container Depot appointment enables designated site for unloading imported goods and loading export consignments.
The Central Government designates Whitefield, Kadugodi Plantation Village in Bidarahalli Hobli, Hoskote Taluka, Bangalore District as an Inland Container Depot, authorising the site for unloading imported goods and loading export goods and recognising it as a customs facility for containerised trade handling.

Tax exemption under section 10(23C)(v) notified for a temple trust, subject to income application and investment conditions.
Notification under section 10(23C)(v) notifies Shree Siddhi Vinayak Ganapath Temple Trust, Bombay for specified assessment years subject to conditions: (i) income must be applied or accumulated wholly and exclusively for its objects; (ii) funds may not be invested or deposited except in forms specified in section 11(5), except voluntary contributions maintained as jewellery, furniture, etc.; and (iii) exemption does not apply to business income unless incidental to objectives and accounted for in separate books.

Charitable notification: Sundaram Charities granted income-tax exemption subject to exclusive application of income and specified investment limits.
Notification under sub-clause (v) of clause (23C) of section 10 notifies Sundaram Charities, Madras, for specified assessment years subject to conditions: the assessee must apply or accumulate income wholly and exclusively to its objects; investments and deposits of funds are limited to permitted modes, with voluntary contributions allowed in tangible forms; and business income is excluded unless incidental to objects and recorded in separate books of account.

Section 35AC approvals: institutions and eligible projects notified for a limited-term tax benefit period under notification.
Approval is granted under the income tax statutory provision for charitable project certifications by listing specified institutions with their eligible projects and estimated costs, thereby defining the activities that qualify for the tax incentive mechanism; the notification, issued on the National Committee's recommendation, is effective for a defined multi year assessment period.

Central Excise amendment: omission of specified exemption entries from earlier notifications alters the scope of exemptions.
Exercise of powers under sub-section (1) of section 5A of the Central Excises and Salt Act, 1944 directs that specified notifications be amended by omitting particular Table entries: S. No. 13 and related entries from Notification No. 67/83-Central Excises and S. No. 5 and related entries from Notification No. 56/93-Central Excises, thereby removing those exemption items from the annexed Tables.

Customs notification amendment adds gem and jewellery machinery, roughs, cut corals, pearls and semi precious stone items to Jaipur entry.
The Central Government amends Notification No. 75-Cus. by inserting new sub-items in the Table against Serial No. (2), column (3), Jaipur: in item (a) adds (v) gem and jewellery machinery and its parts, including diamond plates and testing apparatus, and (vi) roughs of corals, amber and pearls; in item (b) adds (x) roughs of semi-precious stones produced in India and pre-forms, and (xi) cut and polished corals and pearls.

Charitable exemption notification under section 10(23C)(v) grants tax recognition subject to investment and business conditions.
Government notification recognizes Friends Missionary Prayer Band, Madras under section 10(23C)(v) for specified assessment years on conditions that income be applied or accumulated exclusively for its objects, funds (except certain retained voluntary contributions) be invested only in permitted forms, and business income is excluded unless incidental to its objectives with separate accounting maintained.

Amendment to customs exemption notification removes a specified table entry, altering tariff exemption coverage under statutory amendment power.
The Central Government has amended Notification No. 41/93-Customs by issuing a notification that omits S. No. 2 and the corresponding entry from the Table annexed to the original notification, exercising its statutory power to amend in the public interest and thereby altering the relevant customs exemption schedule.

Customs exemption for electronics park imports allows duty-free use for manufacture in return for binding export obligations.
Exempts specified imports for manufacture and integrated development of electronics hardware and software by Electronics Hardware Technology Park units from customs and additional duties, contingent on Committee approval, use within the unit under customs bond, export obligations in freely convertible currency, and a certificate from a designated officer. Customs authorities may prescribe procedure, permit temporary removals, inter-unit transfers and re-exports with permissions, and require bonds; duties become payable on depreciated capital goods and unused inputs at expiry, and on scrap or excess waste per Committee limits.

Customs exemption for specified electronics imports enables duty-free manufacture subject to export obligations and compliance conditions.
Exemption from customs duty and additional duty is available for specified goods imported for manufacture and development of electronics hardware or integrated hardware and software in an Electronics Hardware Technology Park Complex under a 100 per cent export-oriented scheme, subject to Committee approval, customs bond operation, fulfilment of export obligations for stipulated periods, production of a designated officer's certificate, payment of duties on limited domestic clearance of rejects and on specified items after expiry, execution of a bond, adherence to prescribed procedures, and permissions for temporary removal, transfer, or re-export under conditions.

Rescission of exemption notification under section 5A restores prior excise regulatory position for specified food products.
Notification No. 77/93-C.E. rescinds Notification No. 12/90-C.E. for food products, invoked under subsection (1) of section 5A of the Central Excises and Salt Act, 1944, on the stated ground of public interest, thereby annulling the earlier exemption and restoring the prior excise regulatory position for the specified food products.

Exchange rate determination for imported goods prescribes specified currency conversion rates affecting stamp duty and customs valuation.
Prescribes exchange rates for specified foreign currencies to be used for converting into Indian currency and vice versa for calculating stamp duty under the Indian Stamp Act, 1899 and for determinations under section 14 of the Customs Act, 1962 in relation to imported goods; a Schedule lists the operative foreign currency equivalents to Rs. 100, and the rates are effective from 3 March 1993, superseding the prior notification.

Exchange rate determination for export goods: specified foreign currencies fixed against Indian currency, superseding the prior notification.
The Central Government fixes exchange rates for conversion between specified foreign currencies and Indian currency for export goods under section 14(3)(a)(i) of the Customs Act, 1962, superseding the prior notification and prescribing in a schedule the rate of each listed foreign currency as the foreign currency equivalent to Rs. 100.

Tax exemption under clause (23) granted subject to application, investment, distribution and business compliance conditions.
Notification grants tax-exempt status to The Madhya Pradesh Flying Club Limited for the stated assessment years, conditional on exclusive application or accumulation of income for its objects under the modified rules, investment and deposit of funds only in prescribed modes (with an exception for certain voluntary contributions in notified tangible articles), prohibition on distribution of income to members except as grants to affiliated bodies, and exclusion of business profits unless incidental to objectives with separate books maintained.

Tax exemption under clause (23) of section 10 granted to federation, subject to income application, investment and distribution conditions.
Notifies The Billiards and Snooker Federation of India, Calcutta, as eligible under clause (23) of section 10 for assessment years 1990 91 to 1992 93 subject to conditions: apply or accumulate income in conformity with section 11(2) and (3) for its objects; restrict investments to forms allowed by section 11(5) or specified in kind; prohibit distribution of income to members except grants to affiliated bodies; and exclude business income unless incidental with separate books maintained.

Rescission of customs exemption notifications removes a set of prior exemption orders under Customs Act authority.
The Central Government, invoking its statutory rescission authority in the public interest, rescinds one hundred and two specified customs exemption notifications issued between 1976 and 1992 by listing each notification number and date; the listed exemption notifications are thereby withdrawn from operation under the customs regulatory framework.

Auxiliary duty exemption for specified tariff goods under the Finance Act, applying for a defined short-term period.
The Central Government exempted all goods listed in the First Schedule to the Customs Tariff Act, 1975 from the whole of the auxiliary duty of customs leviable under the Finance Act, 1992, as a public interest measure, for the limited period from 28th February, 1993 to 31st March, 1993, thereby temporarily suspending that specific customs charge on the specified tariff items.

Rescission of customs exemption notifications: central government withdraws prior exemption notifications under statutory Customs and Finance Act powers.
The Central Government, invoking section 25(1) of the Customs Act, 1962 read with section 111(4) of the Finance Act, 1992, rescinds fifteen specified miscellaneous customs exemption notifications issued in 1992, identified by notification number and date, thereby withdrawing those prior exemption entries from the customs regulatory framework.