Excise exemption for petroleum gases used in polyisobutylene manufacture, limited to duty on gases actually consumed.
The notification exempts petroleum gases and gaseous hydrocarbons used in polyisobutylene manufacture from excise duty to the extent the scheduled duty exceeds the duty on the quantity actually consumed, where consumption is calculated as gases received by the manufacturing factory less gases returned to the supplier.

Tax exemption for specified PFC bonds requires holder registration to claim the tax-free interest benefit under law.
The notification specifies 10-year 9% tax-free secured redeemable non-convertible bonds issued by Power Finance Corporation as eligible for exemption under clause (15)(iv)(h) of section 10 of the Income-tax Act, and provides that the exemption is admissible only if the holder registers his name and holding with the issuing corporation, making registration a mandatory condition for claiming the tax benefit.

Tax-free bond specification: transfer benefit conditional on transferee notifying issuer by registered post within sixty days.
The Central Government specifies the 10-year 9% (tax-free) Secured Redeemable Non-Convertible PFC Bonds-III Series issued by Power Finance Corporation Limited as eligible under the Wealth-tax Act; entitlement to the benefit on transfer by endorsement or delivery is conditional on the transferee informing the Corporation by registered post within sixty days of such transfer.

Exchange rate determination under the Customs Act fixes conversion terms and supersedes prior notification, effective immediately.
The Central Government, under section 14 of the Customs Act, 1962, determines the exchange rate for conversion between the Russian rouble and Indian currency for customs purposes, superseding the prior notification and making the newly determined rate effective from 11 July 1989 for use in customs valuation and related procedures.

Exemption amendment removes exception for manufacturers who cleared unformulated synthetic organic dyes, widening notification scope.
Amendment deletes the bracketed exception from the earlier notification that disqualified manufacturers who had cleared synthetic organic dyes in unformulated or unstandardised forms for home consumption on payment of duty during a specified prior period, thereby removing that temporal and form-based disqualification from the exemption.

Tax exemption notification under section 10(23C)(v) confirms institutional eligibility for specified assessment years by central government.
Central Government notifies The Institute of the Franciscan Missionaries of Mary Society No. 11 as eligible under the sub clause of the Income tax Act provision addressing charitable institution recognition; the notification covers the assessment years 1985 86 to 1987 88 and states the statutory basis for recognition and temporal scope.

Income-tax notification under section 10(23C)(v): Shri Durgiana Committee notified and recognised for assessment year 1989-90.
The Central Government, exercising the power under sub-clause (v) of clause (23C) of section 10 of the Income-tax Act, notifies Shri Durgiana Committee, Amritsar as an entity covered by that provision for the assessment year 1989-90, thereby recording its recognition for tax treatment under the statute.

Duty-free clearance for Open General Licence imports on production of a Pass Book; warehoused goods limited to specified warehouses.
The amendment permits duty-free clearance of goods imported under an Open General Licence upon production of a valid Pass Book at specified Customs ports, airports or Inland Container Depots, and restricts duty-free clearance of warehoused OGL goods against a Pass Book to withdrawals from warehouses at Kandla, Calcutta, Bombay, Cochin, Madras, Visakhapatnam, Delhi or Bangalore.

Customs exemption for research and development: tariff notification amended to exempt the R&D project of RDSO Lucknow.
The central government, invoking sub-item (6) of Heading No. 98.01 of the Customs Tariff Act, amends Notification No. 110/86-Cus by inserting a new serial entry that grants a customs exemption to the research and development project of the Research, Designs and Standards Organisation of the Indian Railways, Lucknow, via Notification No. 205/89-Cus.

Customs amendment clarifying scope of copper clad laminates in exemption notifications by specifying eligible laminate types.
Amendments revise product descriptions in Notifications Nos. 345/86-Cus. and 347/86-Cus. by substituting specified Table entries with precise phrases such as "copper clad laminates of glass epoxy type", "copper clad laminates of paper phenolic or glass epoxy type" and "copper clad laminates phenolic or paper phenolic or glass epoxy types" to clarify the scope of covered laminate types.

Central excise amendment inserts 'or for testing' after 'polishing', broadening the proviso's activity coverage under the notification.
The Central Government, exercising statutory power, inserted the words "or for testing" after "polishing" in clause (ii) of the proviso to Notification No. 144/89 Central Excises, thereby explicitly bringing testing activities within the scope of that proviso.

Inclusion of section 5A expands licensing references, making it an alternative statutory trigger alongside existing rule citations.
The notification is amended to insert an alternative statutory reference to sub-section (1) of section 5A of the Central Excises and Salt Act, 1944 after the existing citation to sub-rule (1) of rule 8 of the Central Excise Rules in clause (f) of the first proviso, and the same insertion is made in paragraph 8, column (9) of the Schedule, thereby making section 5A an alternative trigger for the licensing-related provision.

Notification amendment inserts new Schedule entry under customs tariff, altering exemption notifications and auxiliary duty framework.
Amendment to a customs notification inserts a new Schedule entry into Notification No. 161/89-Customs by adding S. No. 96, which records Notification No. 202/89-Customs; the change is made under the exercise of delegated statutory power within the customs and fiscal framework and is limited to the Schedule cross-reference.

Customs exemption for jigat limits applicable customs duty to a capped ad valorem rate under section 25(1).
The Central Government, under section 25(1) of the Customs Act, 1962, exempts jigat (bark of Machilus makarantha) falling under sub heading 1211.90 from so much of the customs duty specified in the First Schedule as exceeds the amount calculated at the rate of 30% ad valorem, thereby capping the effective duty on that product by notification.

Excise duty exemption for burnt clay tiles removes levy when tiles meet specified IS standard.
The Central Government exempts burnt clay tiles conforming to Indian Standard specification No. 3367-1975 and falling within Chapter 69 of the Central Excise Tariff from the whole of the duty of excise leviable thereon, exercising its power to grant an exemption on public interest grounds.

Amendment to excise notification omits the first proviso and replaces "Provided further that" with "Provided that".
The Government, invoking its power under the Central Excises and Salt Act, amends Notification No. 257/88-C.E. by omitting the first proviso and substituting the words "Provided further that" in the second proviso with "Provided that." The amendment confines its operative effect to deletion of the initial proviso and the textual replacement in the second proviso.

Source taxation principle emphasized: concessional withholding on dividends, interest, royalties and technical fees to facilitate cross-border investment.
A bilateral convention replacing the 1960 agreement emphasises the source taxation principle: business profits are taxable in the other state only if earned through a permanent establishment, and dividends, interest, royalties and fees for technical services are taxable in the source country at concessional rates; the Convention enters into force after exchange of instruments of ratification.

Customs exemption amendment inserts a new schedule entry expanding notification coverage under delegated statutory powers.
The Central Government, exercising delegated Customs Act and Finance Act powers, amends Notification No. 161/89-Customs by inserting serial number 95 in its Schedule to add Notification No. 200-Customs dated 3rd July, 1989, thereby incorporating that notification into the miscellaneous exemption framework for auxiliary duty.

Customs exemption for ethylene limits import duty to a fixed ad valorem rate and removes additional duty.
Notification 200/89-Cus (dated 3-7-1989) exempts imported ethylene under the Customs Tariff Act heading for ethylene by limiting customs duty to the amount calculated at the rate of 20 per cent ad valorem and by exempting it from the whole of the additional duty of customs leviable under Section 3 of the Customs Tariff Act, exercised under powers in section 25 of the Customs Act as a public interest administrative exemption.

Customs amendment expands Schedule entries to include photographic films, proprietary medicines, zip fasteners, and precious metals.
Amendment to Notification No. 31/86 Customs under powers of the Customs Act inserts new Schedule entries: Photographic Films (item 1A); Patent or Proprietary medicine defined as any drug or medicinal preparation bearing a name not specified in a pharmacopoeia or formulary (item 1B); Zip fasteners (item 3A); and adds Gold in the form of bullion, ingot or coin (item 4A) and Silver in the form of bullion, ingot or coin (item 4B), while removing the terminal "and" from item 4.